SB 57

RELATING TO THE INCOME TAX

By Senator(s) BUEN

Companion Bill: HB 121

Keywords: BUSINESS ENTERPRISES, INCOME TAX, TAX DEDUCTIONS, TAXATION

Report Title: Business Expense Deduction

Description: Increases income tax deductions for businesses from 50% to 100% for meals and entertainment expenses. Allows business entertainment deduction for club dues.

 1-21-99        S Introduced and passed First Reading                      
 1-22-99        S Referred to WAM                                          
 1-19-00        S Carried over to 2000 Regular Session.