,,ii  #aac? ,,congress  #a/ ,session    
,s4 #gge  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,april #bb1 #bjac ,mrs4
 ,gillibr& 7= h]self & ,mr4 ,johanns7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide a tax  
inc5tive = ! in/allation & ma9t5ance (  
me*anical insulation prop]ty4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,me*anical ,insulation ,in/allation     
,inc5tive ,act ( #bjac4  #b4 ,exp5s+ (  
me*anical insulation prop]ty  7a7 ,9    
g5]al ,"p ,,vi ( sub*apt] ,b ( *apt] #a 
( subtitle ,a ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by ins]t+ aft] section
 #agi;,e ! foll[+ new section3  #agi;,f4
 ,me*anical insulation prop]ty  7a7     
,treatm5t z exp5ses ,9 addition to any  
o!r d$uction 9 ?is subtitle1 !re %all be
 all[$ z a d$uction an am\nt equal to ! 
applicable p]c5tage ( ! co/ ( me*anical 
insulation prop]ty plac$ 9 s]vice dur+ !
 taxable ye>4  7b7 ,applicable p]c5tage 

,= purposes ( subsection 7a7--  7#a7 ,9 
g5]al ,! t]m applicable p]c5tage means !
 less] (--  7,a7 #cj p]c5t1 &  7,b7 !   
r$uction 9 en]gy loss 7express$ z a     
p]c5tage7 f ! in/all$ me*anical         
insulation prop]ty comp>$ to ref]5ce    
me*anical insulation prop]ty :i* meets !
 m9imum requirem5ts ( ,,a%rae /&>d      
#ij4a-bjjg4  7#b7 ,special rule relat+  
to ma9t5ance ,9 ! case ( me*anical      
insulation prop]ty plac$ 9 s]vice z a   
replacem5t = insulation prop]ty--  7,a7 
p>agraph 7#a77;,b7 %all n apply1 &  7,b7
 ! co/ ( su* prop]ty %all be treat$ z an
 exp5se = :i* a d$uction is all[$ "u    
section #afb in/ead ( be+ treat$ z      
depreciable = purposes ( ! d$uction     
provid$ by section #afg4  7c7           
,def9itions ,= purposes ( ?is section-- 
7#a7 ,me*anical insulation prop]ty ,!   
t]m me*anical insulation prop]ty means  
insulation mat]ials1 fac+s1 & accessory 
products--  7,a7 plac$ 9 s]vice 9       
connection ) a me*anical sy/em :i*--    
7i7 is locat$ 9 ! ,unit$ ,/ates1 &  7ii7

 is ( a "* subject to an all[ance =     
depreciation1 &  7,b7 utiliz$ = !rmal   
requirem5ts = me*anical pip+ & equipm5t1
 hot & cold applications1 & heat+1 v5t+ 
& air condition+ applications :i* c be  
us$ 9 a v>iety ( facilities4  7#b7 ,co/ 
,! co/ ( me*anical insulation prop]ty   
includes--  7,a7 ! am\nts paid or       
incurr$ = ! in/allation ( su* prop]ty = 
t increm5tal portion above ! m9imums 9  
,,a%rae /&>d #ij4a-bjjg & ! total       
insulation co/ = ma9t5ance applications1
  7,b7 9 ! case ( removal & disposal ( !
 old me*anical insulation prop]ty1 #aj  
p]c5t ( ! co/ ( ! new me*anical         
insulation prop]ty 7det]m9$ )\t reg>d to
 ?is subp>agraph71 &  7,c7 exp5ditures =
 labor co/s prop]ly allocable to !      
prep>ation1 assembly1 & in/allation (   
me*anical insulation prop]ty4  7d7      
,coord9ation ,subsection 7a7 %all n     
apply to ! co/ ( me*anical insulation   
prop]ty :i* is tak5 into acc\nt "u      
section #agi;,d or :i*1 b = subsection  
7b7 ( section #agi;,d1 w\ld be tak5 into

 acc\nt "u su* section4  7e7 ,allocation
 ( d$uction = tax-,exempt prop]ty ,9 !  
case ( me*anical insulation prop]ty     
in/all$ on or 9 prop]ty own$ by an      
entity describ$ 9 p>agraph 7#c7 or 7#d7 
( section #ej7;b71 ! p]son :o is !      
prim>y contractor = ! in/allation ( su* 
prop]ty %all be treat$ z ! taxpay] t    
plac$ su* prop]ty 9 s]vice4  7f7        
,c]tification ,= purposes ( ?is section1
 en]gy sav+s %all be c]tifi$ "u         
regulations or o!r guidance provid$ by !
 ,secret>y1 9 consultation ) ! ,secret>y
 ( ,en]gy4  7g7 ,t]m9ation ,?is section 
%all n apply to any prop]ty plac$ 9     
s]vice aft] ! end ( ! #e-ye> p]iod      
beg9n+ on ! date ( ! enactm5t ( ?is     
section4  4  7b7 ,d$uction = capital    
exp5ditures ,section #bfc7;a77#a7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ or at ! end ( subp>agraph 7,k71
 by /rik+ ! p]iod at ! end ( p>agraph   
7,l7 & ins]t+ 1 or1 & by add+ at ! end !
 foll[+ new subp>agraph3  7,m7          
exp5ditures = :i* a d$uction is all[$ "u

 section #agi;,f4  4  7c7 ,te*nical &   
cl]ical am5dm5ts  7#a7 ,section         
#cab7k77#c77;,b7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by /rik+ or      
#agi;,e ea* place x appe>s 9 ! text or  
head+ !re( & ins]t+ #agi;,e1 or #agi;,f4
  7#b7 ,p>agraphs 7#b77;,c7 & 7#c77;,c7 
( section #abde7;a7 ( su* ,code are ea* 
am5d$ by ins]t+ #agi;,f1 aft] #agi;,e14 
7#c7 ,! table ( sections = "p ,,vi (    
sub*apt] ,b ( *apt] #a ( subtitle ,a (  
su* ,code is am5d$ by ins]t+ aft] ! item
 relat+ to section #agi;,e ! foll[+ new 
item3  ,sec4 #agi;,f4 ,me*anical        
insulation prop]ty4  4  7d7 ,effective  
date ,! am5dm5ts made by ?is section    
%all apply to prop]ty plac$ 9 s]vice    
aft] ! date ( enactm5t ( ?is ,act4