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- S.216
S.216: A bill to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Jan. 12, 1995
- Latest Major Action Jan. 12, 1995
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (5 Democrats, 14 Republicans)
Bill Summary
Amends the Internal Revenue Code to increase the tax deduction for business meals and entertainment from 50 percent to 80 percent.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Jan. 12, 1995 |
Introduced in the Senate by Daniel K. Inouye (D-Hawaii) |