,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #dhbb  ,,in ,,the ,,house ,,of  
,,representatives  ,june #aj1 #bjad ,mr4
 ,schneider 7for himself and ,mr4 ,rice 
of ,south ,carolina7 introduced the     
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to provide for #ajj     
percent bonus depreciation for          
manufacturing property4  #a4 ,short     
title ,this ,act may be cited as the    
,accelerate ,our ,manufacturers ,act4   
#b4 #ajj ,percent ,bonus for            
,manufacturing ,property  7a7 ,in       
general ,section #afh7k7 of the         
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new paragraph3  7#f7 ,special 
rule for manufacturing property  7,a7   
,in general ,in the case of qualified   
manufacturing property1 paragraph       
7#a77;,a7 shall be applied by           
substituting #ajj percent for #ej       
percent4  7,b7 ,qualified manufacturing 

property ,for purposes of this          
paragraph--  7i7 ,in general ,the term  
qualified manufacturing property means  
qualified property which--  7,i7 is     
acquired by the taxpayer after ,december
 #ca1 #bjac1 and before ,january #a1    
#bjai1 placed in service by the taxpayer
 before ,january #a1 #bjai1 and  7,,ii7 
used by a manufacturer to produce an    
article from new or raw material1 or    
from scrap1 salvage1 or junk material1  
by processing or changing the form of an
 article or by combining or assembling  
two or more articles4  7ii7 ,certain    
rules made inapplicable ,the following  
provisions shall not apply3  7,i7       
,clauses 7iii7 and 7iv7 of paragraph    
7#b77;,a74  7,,ii7 ,clause 7ii7 of      
paragraph 7#b77;,b74  4  7b7 ,election  
,to accelerate the ,,amt ,section       
#afh7k77#d7 of the ,internal ,revenue   
,code of #aihf is amended by adding at  
the end the following3  7,k7 ,special   
rules for qualified manufacturing       
property  7i7 ,in general ,in the case  

of qualified manufacturing property 7as 
defined in paragraph 7#f771 in applying 
this paragraph to any taxpayer--  7,i7  
the limitation described in subparagraph
 7,b77i7 and the business credit        
increase amount under subparagraph      
7,e77iii7 thereof shall not apply1 and  
7,,ii7 the bonus depreciation amount1   
maximum amount1 and maximum increase    
amount shall be computed separately4    
7ii7 ,election  7,i7 ,a taxpayer who has
 an election in effect under any        
preceding provision of this paragraph   
shall not be treated as having an       
election in effect for qualified        
manufacturing property unless the       
taxpayer elects to have this paragraph  
apply to qualified manufacturing        
property4  7,,ii7 ,a taxpayer who does  
not have an election in effect under any
 preceding provision of this paragraph  
may elect to have this paragraph apply  
to qualified manufacturing property4  4 
7c7 ,effective date ,the amendment made 
by subsection 7a7 shall apply to        

property placed in service after        
,december #ca1 #bjac4