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United States · Bill · S

S. 58 (110th)

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.

referredUnited States· United States Congress· EN

Introduced

4 January 2007

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S77)

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Amends the Internal Revenue Code to increase the income tax deduction for business meals and entertainment expenses from 50 to 75% of such expenses in calendar year 2007, and 80% in 2008 and thereafter.

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Votes

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Versions

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Documents

3 official files

Sponsors

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Sources

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