Summary: S.298 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for S.298. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/07/2005)

Amends the Internal Revenue Code to increase the income tax deduction for business meals and entertainment expenses from 50 percent to 70 percent in calendar year 2005, 75 percent in 2006, and 80 percent in 2008 and thereafter.