,,ii #aadth ,,congress #b;d ,session ,s4 #cdbe ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #bh1 #bjaf,mr4 ,inhofe introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to permanently extend the depreciation rules for property used predominantly within an ,indian reservation1 and for other purposes4 #a4 ,permanent extension of depreciation rules for property on ,indian reservations 7a7 ,in general ,subsection 7j7 of section #afh of the ,internal ,revenue ,code of #aihf is amended by striking paragraph 7#i74 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjaf4 #b4 ,revocable election to have special depreciation rules not apply 7a7 ,in general ,paragraph 7#h7 of section #afh7;j7 of the ,internal ,revenue ,code of #aihf is amended by striking the second sentence4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjaf4