H.R. 3162 · 109th Congress
To amend the Internal Revenue Code of 1986 to restore the 80-percent deduction for meal and entertainment expenses.
- Stage
- In committee
- Sponsor
- Mark Foley
- Introduced
- 2005-06-30
- Latest action
- 2005-06-30 · Introduced in House
Summary
Amends the Internal Revenue Code to increase the tax deduction for meal and entertainment expenses to 80 percent (currently 50 percent) of such expenses.