Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.1482
S.1482: A bill to amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced July 29, 2003
- Latest Major Action July 29, 2003
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (3 Democrats, 5 Republicans)
Bill Summary
Amends the Internal Revenue Code to repeal the 50 percent income tax deduction for business meal and entertainment expenses and replace it with an increasing percentage from 68 percent in calendar 2001 up to 80 percent in calendar 2003 and thereafter.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sponsor introductory remarks on measure.
|
|
Read twice and referred to the Committee on Finance.
|
|
July 29, 2003 |
Introduced in the Senate by Daniel K. Inouye (D-Hawaii) |