,,ii #aac? ,,congress #a/ ,session ,s4 #acdb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bc1 #bjac ,mr4 ,flake 7= himself1 ,mr4 ,udall ( ,new ,mexico1 & ,mr4 ,inh(e7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to p]mit exp5s+ ( c]ta9 depreciable bus9ess assets = small bus9esses4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,small ,bus9ess ,inve/m5t ,promotion ,act4 #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$-- & all t foll[s & ins]t+ %all n exce$ #bej1jjj44 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 #hjj1jjj44 7b7 ,comput] s(tw>e ,clause 7ii7 ( section #agi7;d77#a77;,a7 ( su* ,code is am5d$ by /rik+ & be=e #bjad4 7c7 ,election ,p>agraph 7#b7 ( section #agi7;c7 ( su* ,code is am5d$ by /rik+ may n be revok$ & all t foll[s ?r\gh & be=e #bjad4 7d7 ,qualifi$ real prop]ty ,section #agi7;f7 ( su* ,code is am5d$-- 7#a7 by /rik+ beg9n+ 9 #bjaj1 #bjaa1 #bjab1 or #bjac 9 p>agraph 7#a71 & 7#b7 by /rik+ p>agraph 7#d74 7e7 ,inflation adju/m5t ,subsection 7b7 ( section #agi ( su* ,code is am5d$ 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;f77#c7 = ! cal5d> ye> 9 :i* ! taxable ye> beg9s1 by sub/itut+ #bjac = #aiib 9 subp>agraph 7,b7 !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 7f7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4