H.R.3952: Helping Small Businesses Grow and Prosper Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced Oct. 28, 2009
  • Latest Major Action Oct. 28, 2009

Bill Sponsor

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 28, 2009

Introduced in the House by Dina Titus (D-Nev.)

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