HR 2918
105th Congress
House
Taxation
Agriculture and Food
Business income tax
Commerce
Costs
Expense accounts
Income tax
Recreation
Sports and Recreation
Tax deductions
To amend the Internal Revenue Code of 1986 to increase the amount of the deduction allowed for meals and entertainment expenses.
Introduced: November 7, 1997
Introduced by:
Smith, Christopher H.
Republican
· New Jersey
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 7, 1997
Referred to the House Committee on Ways and Means.
Nov 7, 1997
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to increase (from 50 percent), in increments, the meals and entertainment deduction to 80 percent for calendar years 2008 and thereafter.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1