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- H.R.2940
H.R.2940: I Love New York Tax Deduction Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Sept. 21, 2001
- Latest Major Action Oct. 3, 2001
Bill Sponsor
Bill Cosponsors
72 (56 Democrats, 17 Republicans)
Bill Summary
I Love New York Tax Deduction Act of 2001 - Amends the Internal Revenue Code to: (1) increase from 50 to 80 percent the business meal and entertain expenses deduction for such expenses in New York City; and (2) permit a 50 percent (up to $500 or $1,000, on a joint return) personal deduction for meal, entertainment, and lodging expenses in New York City.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Ways and Means.
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Sponsor introductory remarks on measure.
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| Sept. 21, 2001 |
Introduced in the House by Carolyn B. Maloney (D-N.Y.) |