HR 3952
111th Congress
House
Taxation
Income tax deductions
Small business
Helping Small Businesses Grow and Prosper Act of 2009
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 28, 2009
Referred to the House Committee on Ways and Means.
Oct 28, 2009
Introduced in House
Plain-English summary
Helping Small Businesses Grow and Prosper Act of 2009 - Amends the Internal Revenue Code to increase the amount of business-related meal and entertainment expenses allowed as a tax deduction for businesses that employ an average of less than 50 employees in a taxable year to 80% (currently, 50%) of such expenses.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1