To amend the Internal Revenue Code of 1986 to increase the deduction for meal and entertainment expenses of small businesses.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the deduction for meals and entertainment expenses of small businesses from 50 percent to the applicable percentage for individuals subject to Federal hours of service (which ranges from 55 per cent in 1998 and 1999 up to 80 percent in 2008 and thereafter).…