US SB2905 | 2009-2010 | 111th Congress
Status
Sponsorship: Slight Partisan Bill (Republican 3-1)
Status: Introduced on December 17 2009 - 25% progression, died in chamber
Action: 2009-12-17 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13389-13390)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 17 2009 - 25% progression, died in chamber
Action: 2009-12-17 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13389-13390)
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to increase from 50 to 80% the percentage of meals and entertainment expenses that may be claimed as a business tax deduction.
Title
A bill to amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
Sponsors
| Sen. Thad Cochran [R-MS] | Sen. John Ensign [R-NV] | Sen. Daniel Inouye [D-HI] | Sen. Roger Wicker [R-MS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-12-17 | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13389-13390) | |
| 2009-12-17 | Sponsor introductory remarks on measure. (CR S13389) |
Same As/Similar To
HB3333 (Related) 2009-07-24 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/2905/all-info |
| Text | https://www.congress.gov/111/bills/s2905/BILLS-111s2905is.pdf |
