A bill to amend the Internal Revenue Code of 1986 to increase the deduction for meal and entertainment expenses of small businesses.

Summary

Amends the Internal Revenue Code to increase the deduction for meals and entertainment expenses of small businesses from 50 percent to the applicable percentage for individuals subject to Federal hours of service (which ranges from 55 per cent in 1998 and 1999 up to 80 percent in 2008 and thereafter).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 September 1998

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 15 September 1998

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

3. 15 September 1998

   Introduced

   Sponsor introductory remarks on measure. (CR S10384)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 15 September 1998 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 September 1998

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 September 1998

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in Senate

  summary · EN · 15 September 1998

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Breaux, John B. [D-LA] · D · Sponsor
• Sen. Shelby, Richard C. [R-AL] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to increase the deduction for meal and entertainment expenses of small businesses.