← Back to Bills
H.R. 3333House111th Congress (2009-2011)In Committee

To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.

Sponsored by Neil AbercrombieRep. Neil Abercrombie (D-HI)
Introduced July 24, 2009

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

July 24, 2009

View full timeline
HouseIntro Referral

Introduced in House

July 24, 2009

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

July 24, 2009

Floor Debate

1 member

What members said about H.R. 3333 on the floor

1 Democrat
Shelley Berkley
Rep. Shelley BerkleyD-NV-1 · Mar 12, 2010

Mr. Speaker, I ask unanimous consent that I may hereafter be considered to be the first sponsor of H.R. 3333, a bill originally introduced by Representative Neil Abercrombie of Hawaii, for the…

Record

Bill Text

Latest available legislative text

Reading Mode
Latest
Raw Text PDF XML
Introduced in HouseIssued July 24, 2009

I

111th CONGRESS

1st Session

H. R. 3333

IN THE HOUSE OF REPRESENTATIVES

July 24, 2009

Mr. Abercrombie (for himself, Mr. Farr, Mr. Putnam, and Ms. Berkley) introduced the following bill; which was referred to the Committee on Ways and Means

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.

1.

Repeal of reduction in business meals and entertainment tax deduction

(a)

In general

Section 274(n)(1) of the Internal Revenue Code of 1986 (relating to only 50 percent of meal and entertainment expenses allowed as deduction) is amended by striking 50 percent and inserting the applicable percentage.

(b)

Applicable percentage

Section 274(n) of the Internal Revenue Code of 1986 is amended by striking paragraph (3) and inserting the following:

(3)

Applicable percentage

For purposes of paragraph (1), the term applicable percentage means the percentage determined under the following table:

For taxable years beginning inThe applicable
 calendar year—percentage is—
200975
2010 or thereafter80.

.

(c)

Conforming amendment

The heading for section 274(n) of the Internal Revenue Code of 1986 is amended by striking Only 50 Percent and inserting Portion.

(d)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2008.