,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #djeb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #aa1 #bjad   
,ms4 ,mi*elle ,lujan ,gri%am ( ,new     
,mexico introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to provide a /&>d home   
(fice d$uction4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,help+ ,our        
,middle-,class ,entrepr5eurs ,act or !  
,,home ,act4  #b4 ,/&>d d$uction =      
bus9ess use ( home  7a7 ,9 ,g5]al       
,subsection 7c7 ( section #bhj;,a ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new p>agraph3 
7#g7 ,/&>d home (fice d$uction  7,a7 ,9 
g5]al ,9 ! case ( an individual :o is   
all[$ a d$uction = ! use ( a home (fice 
because ( a use describ$ 9 p>agraph     
7#a71 7#b71 or 7#d71 not)/&+ !          
limitations ( p>agraph 7#e71 if su*     
individual elects ! application ( ?is   
p>agraph = ! taxable ye>1 su* individual
 %all be all[$ a d$uction equal to !    

/&>d home (fice d$uction = ! taxable ye>
 9 lieu ( ! d$uctions o!rwise all[able  
"u ?is *apt] = su* taxable ye> by reason
 ( su* use4  7,b7 ,/&>d home (fice      
d$uction ,= purposes ( ?is p>agraph1 !  
/&>d home (fice d$uction is ! less] (-- 
7i7 #a1ejj1 or  7ii7 ! gross income     
d]iv$ f ! individual's trade or bus9ess 
= :i* su* use occurs4  7,c7 ,inflation  
adju/m5t ,9 ! case ( any taxable ye>    
beg9n+ 9 a cal5d> ye> aft] #bjad1 !     
doll> am\nt 9 subp>agraph 7,b77i7 %all  
be increas$ by an am\nt equal to--  7i7 
su* doll> am\nt1 multipli$ by  7ii7 !   
co/-(-liv+ adju/m5t det]m9$ "u section  
#a7;f77#c7 = ! cal5d> ye> 9 :i* !       
taxable ye> beg9s1 det]m9$ by sub/itut+ 
#bjac = #aiib 9 subp>agraph 7,b7 !re(4  
,any increase det]m9$ "u ! prec$+ s5t5ce
 %all be r\nd$ to ! ne>e/ multiple (    
#ajj4  4  7b7 ,effective ,date ,!       
am5dm5t made by ?is section %all apply  
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjac4