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United States · Bill · S

S. 874 (106th)

A bill to repeal the reduction in the deductible portion of expenses for business meals and entertainment.

referredUnited States· United States Congress· EN

Introduced

26 April 1999

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Internal Revenue Code to repeal the 50 percent income tax deduction for business meal and entertainment expenses and replace it with an increasing percentage from 56 percent in calendar 1999 up to 80 percent in calendar 2003 and thereafter.

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Votes

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Versions

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Documents

3 official files

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Sources

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