,,ib  ,union ,cal5d> ,no4 #cbj  #aac?   
,,congress  #b;d ,session  ,h4 ,r4 #ddeg
  ,report ,no4 #aac-dcb  ,,9 ,,! ,,h\se 
,,( ,,repres5tatives  ,april #aj1 #bjad 
,mr4 ,tib]i 7= himself1 ,mr4 ,k9d1 ,mr4 
,"y ( ,indiana1 ,mr4 ,neal1 ,mr4 ,g]la*1
 ,mr4 ,danny ,k4 ,davis ( ,ill9ois1 &   
,mr4 ,s*ock7 introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,may #b1 #bjad ,additional      
sponsors3 ,mr4 ,neugebau]1 ,mrs4 ,bu/os1
 ,mr4 ,re$1 ,mr4 ,loebsack1 ,mr4 ,kelly 
( ,p5nsylvania1 ,mr4 ,griff9 (          
,arkansas1 ,mr4 ,ribble1 ,mr4 ,smi? (   
,nebraska1 ,mr4 ,cram]1 ,mr4 ,smi? (    
,miss\ri1 & ,mr4 ,murphy ( ,florida     
,may #b1 #bjad ,report$ ) an am5dm5t1   
committ$ to ! ,committee ( ! ,:ole ,h\se
 on ! ,/ate ( ! ,union1 & ord]$ to be   
pr9t$ ,/rike out all aft] ! enact+      
clause & ins]t ! "p pr9t$ 9 italic  ,a  
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to p]man5tly ext5d        
increas$ exp5s+ limitations1 & = o!r    
purposes4  #a4 ,%ort title ,?is ,act may

 be cit$ z ! ,am]ica's ,small ,bus9ess  
,tax ,relief ,act ( #bjad4  #b4 ,exp5s+ 
c]ta9 depreciable bus9ess assets = small
 bus9ess  7a7 ,9 g5]al  7#a7 ,doll>     
limitation ,p>agraph 7#a7 ( section     
#agi7;b7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by /rik+ %all n exce$-- &
 all t foll[s & ins]t+ %all n exce$     
#ejj1jjj44  7#b7 ,r$uction 9 limitation 
,p>agraph 7#b7 ( section #agi7;b7 ( su* 
,code is am5d$ by /rik+ exce$s-- & all t
 foll[s & ins]t+ exce$s #b1jjj1jjj44    
7b7 ,comput] s(tw>e ,clause 7ii7 (      
section #agi7;d77#a77;,a7 ( su* ,code is
 am5d$ by /rik+ 1 to :i* section #afg   
applies1 & :i* is plac$ 9 s]vice 9 a    
taxable ye> beg9n+ aft] #bjjb & be=e    
#bjad & ins]t+ & to :i* section #afg    
applies4  7c7 ,election ,p>agraph 7#b7 (
 section #agi7;c7 ( su* ,code is am5d$--
  7#a7 by /rik+ may n be revok$ & all t 
foll[s ?r\gh & be=e #bjad1 &  7#b7 by   
/rik+ irrevocable 9 ! head+ !re(4  7d7  
,air condition+ & heat+ units ,p>agraph 
7#a7 ( section #agi7;d7 ( su* ,code is  

am5d$ by /rik+ & %all n include air     
condition+ or heat+ units4  7e7         
,qualifi$ real prop]ty ,section #agi7;f7
 ( su* ,code is am5d$--  7#a7 by /rik+  
beg9n+ 9 #bjaj1 #bjaa1 #bjab1 or #bjac 9
 p>agraph 7#a71 &  7#b7 by /rik+        
p>agraphs 7#c7 & 7#d74  7f7 ,inflation  
adju/m5t ,subsection 7b7 ( section #agi 
( su* ,code is am5d$ by add+ at ! end ! 
foll[+ new p>agraph3  7#f7 ,inflation   
adju/m5t  7,a7 ,9 g5]al ,9 ! case ( any 
taxable ye> beg9n+ aft] #bjad1 ! doll>  
am\nts 9 p>agraphs 7#a7 & 7#b7 %all ea* 
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;c77#b77;,a7 = su* cal5d> ye>1       
det]m9$ by sub/itut+ cal5d> ye> #bjac = 
cal5d> ye> #bjab 9 clause 7ii7 !re(4    
7,b7 ,r\nd+ ,! am\nt ( any increase "u  
subp>agraph 7,a7 %all be r\nd$ to !     
ne>e/ multiple ( #aj1jjj4  4  7g7       
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjac4  #a4   

,%ort title ,?is ,act may be cit$ z !   
,am]ica's ,small ,bus9ess ,tax ,relief  
,act ( #bjad4  #b4 ,exp5s+ c]ta9        
depreciable bus9ess assets = small      
bus9ess  7a7 ,9 g5]al  7#a7 ,doll>      
limitation ,p>agraph 7#a7 ( section     
#agi7;b7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by /rik+ %all n exce$-- &
 all t foll[s & ins]t+ %all n exce$     
#ejj1jjj44  7#b7 ,r$uction 9 limitation 
,p>agraph 7#b7 ( section #agi7;b7 ( su* 
,code is am5d$ by /rik+ exce$s-- & all t
 foll[s & ins]t+ exce$s #b1jjj1jjj44    
7b7 ,comput] s(tw>e ,clause 7ii7 (      
section #agi7;d77#a77;,a7 ( su* ,code is
 am5d$ by /rik+ 1 to :i* section #afg   
applies1 & :i* is plac$ 9 s]vice 9 a    
taxable ye> beg9n+ aft] #bjjb & be=e    
#bjad & ins]t+ & to :i* section #afg    
applies4  7c7 ,election ,p>agraph 7#b7 (
 section #agi7;c7 ( su* ,code is am5d$--
  7#a7 by /rik+ may n be revok$ & all t 
foll[s ?r\gh & be=e #bjad1 &  7#b7 by   
/rik+ irrevocable 9 ! head+ !re(4  7d7  
,air condition+ & heat+ units ,p>agraph 

7#a7 ( section #agi7;d7 ( su* ,code is  
am5d$ by /rik+ & %all n include air     
condition+ or heat+ units4  7e7         
,qualifi$ real prop]ty ,subsection 7f7 (
 section #agi ( su* ,code is am5d$--    
7#a7 by /rik+ beg9n+ 9 #bjaj1 #bjaa1    
#bjab1 or #bjac 9 p>agraph 7#a71 &  7#b7
 by /rik+ p>agraphs 7#c7 & 7#d74  7f7   
,inflation adju/m5t ,subsection 7b7 (   
section #agi ( su* ,code is am5d$ by    
add+ at ! end ! foll[+ new p>agraph3    
7#f7 ,inflation adju/m5t  7,a7 ,9 g5]al 
,9 ! case ( any taxable ye> beg9n+ aft] 
#bjad1 ! doll> am\nts 9 p>agraphs 7#a7 &
 7#b7 %all ea* 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;c77#b77;,a7 =   
su* cal5d> ye>1 det]m9$ by sub/itut+    
cal5d> ye> #bjac = cal5d> ye> #bjab 9   
clause 7ii7 !re(4  7,b7 ,r\nd+ ,! am\nt 
( any increase "u subp>agraph 7,a7 %all 
be r\nd$ to ! ne>e/ multiple ( #aj1jjj4 
4  7g7 ,effective date ,! am5dm5ts made 
by ?is section %all apply to taxable    

ye>s beg9n+ aft] ,decemb] #ca1 #bjac4   
,may #b1 #bjad ,report$ ) an am5dm5t1   
committ$ to ! ,committee ( ! ,:ole ,h\se
 on ! ,/ate ( ! ,union1 & ord]$ to be   
pr9t$