,i #aae? ,,congress #a/ ,session ,h4 ,r4 #cdj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #e1 #bjag,mr4 ,s]rano introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to all[ a cr$it aga9/ tax = qualifi$ manufactur+ facility con/ruction co/s & to all[ a cr$it aga9/ tax = qualifi$ manufactur+ facility con/ruction co/s4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,next ,g5]ation ,am]ican ,manufactur+ ,act ( #bjag4 ,i ,consum] ,cr$it #aja4 ,cr$it = retail pur*ase ( c]ta9 dome/ic products 7a7 ,9 g5]al ,subp>t ,b ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #cj;,e4 ,dome/ic manufactur+ consum] cr$it 7a7 ,all[ance ( cr$it ,!re %all be all[$ z a cr$it aga9/ ! tax impos$ by ?is *apt] = any taxable ye> an am\nt equal to ! applicable p]c5tage ( ! aggregate am\nt paid or incurr$ by ! taxpay] = specifi$ products dur+ any portion su* taxable ye> :i* is "p ( ! eligible p]iod4 7b7 ,applicable p]c5tage2 eligible p]iod ,= purposes ( ?is section-- 7#a7 ,applicable p]c5tage ,! t]m applicable p]c5tage means1 ) respect to any specifi$ product1 ! p]c5tage 7n less ?an #e p]c5t nor m ?an #bj p]c5t7 "u subsection 7e77#d7 ) respect to su* product4 7#b7 ,eligible p]iod ,! t]m eligible p]iod means1 ) respect to any specifi$ product1 ! p]iod 7n less ?an #e ye>s nor m ?an #aj ye>s7 "u subsection 7e77#e7 ) respect to su* product4 7#c7 ,sep>ate application to ea* specifi$ product ,subsection 7a7 %all be appli$ sep>ately ) respect to ea* ( ! specifi$ products designat$ "u subsection 7e74 7c7 ,specifi$ product ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m specifi$ product means any designat$ dome/ic product-- 7,a7 ! orig9al use ( :i* comm5ces ) ! taxpay]1 & 7,b7 :i* is acquir$ by ! taxpay] = use or lease1 b n = resale4 7#b7 ,designat$ dome/ic product ,! t]m designat$ dome/ic product means any designat$ product :i* has be5 c]tifi$ by ! ,secret>y z-- 7,a7 hav+ be5 assembl$ 9 ! ,unit$ ,/ates1 & 7,b7 consi/+ at lea/ #fj p]c5t ( compon5ts assembl$ or o!rwise aris+ 9 ! ,unit$ ,/ates4 7#c7 ,designat$ product ,! t]m designat$ product means ! #aj products designat$ by ! ,secret>y1 9 consultation ) ! ,commission1 "u subsection 7e74 7d7 ,application ) o!r cr$its 7#a7 ,bus9ess cr$it treat$ z "p ( g5]al bus9ess cr$it ,s mu* ( ! cr$it :i* w\ld be all[$ "u subsection 7a7 = any taxable ye> 7det]m9$ )\t reg>d to ?is subsection7 t is attributable to prop]ty us$ by ! taxpay] 9 ! conduct ( a trade or bus9ess %all be treat$ z a cr$it li/$ 9 section #ch7;b7 = su* taxable ye> 7& n all[$ "u subsection 7a774 7#b7 ,p]sonal cr$it ,= purposes ( ?is title1 ! cr$it all[$ "u subsection 7a7 = any taxable ye> 7det]m9$ aft] application ( p>agraph 7#a77 %all be treat$ z a cr$it all[able "u subp>t ,a = su* taxable ye>4 7e7 ,selection ( designat$ products 7#a7 ,9 g5]al ,! ,secret>y1 9 consultation ) ! ,commission1 %all designate #aj products = purposes ( ?is section4 7#b7 ,eligible products ,a product %all n be eligible = designation "u ?is section unless-- 7,a7 su* product repres5ts an advancem5t 9 sci5ce1 te*nology1 eng9e]+1 or ma?1 & 7,b7 ! designation ( su* product has ! pot5tial to produce sub/antial long-t]m job opportunities 9 ! ,unit$ ,/ates4 7#c7 ,crit]ia = designation ,9 mak+ designations ( products "u ?is subsection1 ! ,secret>y %all take into consid]ation-- 7,a7 ! numb] ( jobs 9 ! ,unit$ ,/ates t ! ,secret>y e/imates w result 7directly & indirectly7 f ! designation ( su* product1 & 7,b7 ! spe$ ) :i* su* jobs are likely to be creat$4 7#d7 ,det]m9ation ( cr$it p]c5tage ,! ,secret>y1 9 consultation ) ! ,commission1 %all det]m9e ! applicable p]c5tage :i* applies = purposes ( subsection 7a7 ) respect to ea* product designat$ "u ?is subsection4 ,su* p]c5tage %all n be less ?an #e p]c5t & %all n be m ?an #bj p]c5t4 ,su* p]c5tage %all be det]m9$ on ! basis ( ! inc5tive ne$$ ) respect to ea* su* product tak+ into acc\nt ! m>ket factors ) respect to su* product4 7#e7 ,det]m9ation ( p]iod dur+ :i* cr$it all[$ ,! ,secret>y1 9 consultation ) ! ,commission1 %all det]m9e ! eligible p]iod :i* applies = purposes ( subsection 7a7 ) respect to ea* product designat$ "u ?is subsection4 ,su* p]iod %all n be less ?an #e ye>s & %all n be m ?an #aj ye>s4 ,su* p]iod %all be det]m9$ on ! basis ( ! inc5tive ne$$ ) respect to ea* su* product tak+ into acc\nt ! m>ket factors ) respect to su* product4 7f7 ,o!r def9itions & special rules ,= purposes ( ?is section-- 7#a7 ,commission ,! t]m ,commission means ! #ba/ ,c5tury ,am]ican ,manufactur+ ,commission e/abli%$ "u section #ajb ( ! ,next ,g5]ation ,am]ican ,manufactur+ ,act ( #bjag4 7#b7 ,r$uction 9 basis ,= purposes ( ?is subtitle1 ! basis ( any prop]ty = :i* a cr$it is all[able "u subsection 7a7 %all be r$uc$ by ! am\nt ( su* cr$it s all[$ 7det]m9$ )\t reg>d to subsection 7d774 7#c7 ,no d\ble b5efit ,! am\nt ( any d$uction or o!r cr$it all[able "u ?is *apt] ) respect to any prop]ty %all be r$uc$ by ! am\nt ( ! cr$it all[$ "u subsection 7a7 = su* prop]ty 7det]m9$ )\t reg>d to subsection 7d774 7#d7 ,prop]ty us$ by tax-exempt entity ,9 ! case ( prop]ty ^: use is describ$ 9 p>agraph 7#c7 or 7#d7 ( section #ej7;b7 & :i* is n subject to a lease1 ! p]son :o sold su* prop]ty to ! p]son or entity us+ su* prop]ty %all be treat$ z ! taxpay] t plac$ su* vehicle 9 s]vice1 b only if su* p]son cle>ly discloses to su* p]son or entity 9 a docum5t ! am\nt ( any cr$it all[able "u subsection 7a7 ) respect to su* prop]ty 7det]m9$ )\t reg>d to subsection 7d774 ,= purposes ( subsection 7d71 prop]ty to :i* ?is p>agraph applies %all be treat$ z prop]ty us$ by ! taxpay] 9 ! conduct ( a trade or bus9ess4 7#e7 ,prop]ty us$ outside ,unit$ ,/ates1 etc41 n qualifi$ ,no cr$it %all be all[able "u subsection 7a7 ) respect to any prop]ty ref]r$ to 9 section #ej7;b77#a74 7#f7 ,recapture ,! ,secret>y %all1 by regulations1 provide = recaptur+ ! b5efit ( any cr$it all[able "u subsection 7a7 ) respect to any prop]ty :i* ceases to be prop]ty eligible = su* cr$it 7includ+ recapture 9 ! case ( a lease p]iod ( less ?an ! economic life ( ! prop]ty74 7#g7 ,election to n take cr$it ,no cr$it %all be all[$ "u subsection 7a7 = any vehicle if ! taxpay] elects to n h ?is section apply to su* prop]ty4 7g7 ,t]m9ation ,?is section %all n apply to prop]ty acquir$ aft] ! date :i* is #aj ye>s aft] ! date ( ! enactm5t ( ?is section4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #ch7;b7 ( su* ,code is am5d$ by /rik+ plus at ! end ( p>agraph 7#ce71 by /rik+ ! p]iod at ! end ( p>agraph 7#cf7 & ins]t+ 1 plus1 & by add+ at ! end ! foll[+ new p>agraph3 7#cg7 ! portion ( ! dome/ic manufactur+ consum] cr$it to :i* section #cj;,e7d77#a7 applies4 4 7#b7 ,section #ajaf7;a7 ( su* ,code is am5d$ by /rik+ & at ! end ( p>agraph 7#cf71 by /rik+ ! p]iod at ! end ( p>agraph 7#cg7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#ch7 to ! ext5t provid$ 9 section #cj;,e7f77#b74 4 7#c7 ,section #feja7m7 ( su* ,code is am5d$ by ins]t+ #cj;,e7f77#g71 aft] #cj;,d7e77#d714 7#d7 ,! table ( sections = subp>t ,b ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su* ,code is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #cj;,e4 ,dome/ic manufactur+ consum] cr$it4 4 7c7 ,,cbo report ,! ,congressional ,budget ,(fice %all1 dur+ ! #c;d1 #e?1 & #g? ye>s aft] ! effective date ( ! dome/ic manufactur+ consum] cr$it 7describ$ 9 subsection 7d771 report to ,congress on ! economic effects ( su* cr$it4 ,su* report %all include ! aggregate value ( ! dome/ic manufactur+ consum] cr$its det]m9$ ) respect to taxpay]s "u section #cj;,e ( ! ,int]nal ,rev5ue ,code ( #aihf & an e/imate ( ! economic activity /imulat$ by su* cr$its4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to prop]ty acquir$ aft] ! date :i* is #a ye> aft] ! date on :i* ! #ba/ ,c5tury ,am]ican ,manufactur+ ,commission makes its recomm5dations to ! ,secret>y ( ! ,treasury "u section #ajb7;b7 ( ?is ,act4 #ajb4 ,e/abli%m5t ( #ba/ ,c5tury ,am]ican ,manufactur+ ,commission 7a7 ,9 g5]al ,!re is e/abli%$ a commission to be kn[n z ! #ba/ ,c5tury ,am]ican ,manufactur+ ,commission4 7b7 ,duties ,! ,commission %all conduct rese>* reg>d+ appropriate products to make eligible = ! tax cr$it provid$ by section #cj;,e ( ! ,int]nal ,rev5ue ,code ( #aihf & %all make recomm5dations to ! ,secret>y ( ! ,treasury reg>d+ :i* products %\ld be designat$ = purposes ( su* section & ! applicable p]c5tage & eligible p]iod :i* %\ld be det]m9$ ) respect to ea* su* product4 ,! commission %all make su* recomm5dations to ! ,secret>y ( ! ,treasury n lat] ?an #f mon?s aft] ! date ( ! enactm5t ( ?is ,act4 7c7 ,memb]%ip 7#a7 ,9 g5]al ,! ,commission %all be compos$ ( #aj memb]s :o %all be appo9t$ by ! ,secret>y ( ! ,treasury or 8 designee n lat] ?an #cj days aft] ! enactm5t ( ?is ,act4 7#b7 ,selection ,9 det]m9+ :o to appo9t to ! ,commission1 ! ,secret>y ( ! ,treasury %all consid] a geographically div]se gr\p ( individuals ) exp]i5ce 9 ! areas (-- 7,a7 manag+ manufactur+ companies1 includ+ bus9esses ) few] ?an #ajj employees1 7,b7 conduct+ manufactur+-relat$ rese>* & developm5t1 7,c7 comm]cialization ( sci5tific innovation1 7,d7 manag+ supply *a9 provid]s1 7,e7 f9ance1 & 7,f7 analyz+ manufactur+ policy & economic competitiv5ess4 7#c7 ,political affiliation ,n m ?an #e memb]s may be ( ! same political p>ty4 7#d7 ,t]ms ,ea* memb] %all be appo9t$ = ! life ( ! ,commission4 7#e7 ,vacancies ,a vacancy 9 ! ,commission %all be fill$ 9 ! mann] 9 :i* ! orig9al appo9tm5t 0 made4 7#f7 ,pay ( memb]s 7,a7 ,9 g5]al ,memb]s %all ea* be entitl$ to receive ! daily equival5t ( ! maximum annual rate ( basic pay = grade ,,gs-#aa ( ! ,g5]al ,s*$ule = ea* day 7includ+ travel "t7 dur+ :i* !y are engag$ 9 ! actual p]=mance ( duties ve/$ 9 ! ,commission4 7,b7 ,travel exp5ses ,ea* memb] %all receive travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce1 9 accordance ) applicable provisions "u sub*apt] ,i ( *apt] #eg ( title #e1 ,unit$ ,/ates ,code4 7#g7 ,prev5tion ( conflicts ( int]e/ & nepotism 7,a7 ,agreem5t ,! ,secret>y ( ! ,treasury %all n appo9t any individual to be a memb] ( ! ,commission unless su* individual has fir/ sign$ an agreem5t ) ! ,secret>y to prev5t conflicts ( int]e/ & nepotism4 ,su* agreem5t %all include a requirem5t t ! individual comply ) ! provisions ( subp>agraph 7,b7 & %all include su* p5alties = failure to s comply z ! ,secret>y det]m9es appropriate4 7,b7 ,requirem5ts ,a memb] ( ! ,commission %all n1 dur+ ! #e-ye> p]iod beg9n+ on ! effective date ( ! dome/ic manufactur+ consum] cr$it 7describ$ 9 section #aja7;d771 hold1 directly or indirectly1 any int]e/ 9 any p]son associat$ ) any designat$ product1 any compon5t ( any designat$ product1 or any equipm5t to manufacture any su* product or compon5t4 ,an int]e/ held 9 any fund held by su* memb] %all be tak5 into acc\nt "u ! prec$+ s5t5ce unless su* fund is a broad-bas$ index fund4 ,any int]e/ held by su* memb] prior to ! beg9n+ ( su* #e-ye> p]iod :i* is n 7consi/5t ) ! requirem5ts ( ?is subp>agraph7 p]mitt$ to be held dur+ su* p]iod1 %all be dispos$ ( prior to su* p]iod4 7d7 ,*airp]son ,! ,*airp]son ( ! ,commission %all be designat$ by ! ,secret>y ( ! ,treasury 7or 8 designee7 at ! "t ( appo9tm5t4 7e7 ,/aff ,any /aff ( ! ,commission %all be appo9t$ subject to ! provisions ( title #e1 ,unit$ ,/ates ,code1 gov]n+ appo9tm5ts 9 ! competitive s]vice1 & %all be paid 9 accordance ) ! provisions ( *apt] #ea & sub*apt] ,,iii ( *apt] #ec ( t title relat+ to classification & ,g5]al ,s*$ule pay rates4 7f7 ,t]m9ation 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! ,commission %all t]m9ate #cj days aft] mak+ recomm5dations to ! ,secret>y ( ! ,treasury describ$ 9 subsection 7b74 7#b7 ,ext5sion ,at ! reque/ ( ! ,secret>y ( ! ,treasury or 8 designee1 ! ,commission %all cont9ue 9 exi/5ce = su* p]iod at ! ,secret>y may reque/ b n lat] ?an #a ye> aft] mak+ su* recomm5dations4 ,,ii ,manufactur] ,cr$it #bja4 ,cr$it = manufactur+ facility co/s 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #de,s4 ,manufactur+ facility exp5ditures 7a7 ,g5]al rule ,= purposes ( section #ch1 9 ! case ( an eligible bus9ess1 ! manufactur+ facility exp5diture cr$it = any taxable ye> is an am\nt equal to #be p]c5t ( ! qualifi$ facility con/ruction exp5ditures ( ! taxpay] = ! taxable ye>4 7b7 ,eligible bus9ess ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m eligible bus9ess means any corporation or p>tn]%ip-- 7,a7 :i* is engag$ 9 an active trade or bus9ess1 7,b7 :i* is headqu>t]$ 9 ! ,unit$ ,/ates1 7,c7 sub/antially all ( ! managem5t or adm9i/rative activities ( :i* are p]=m$ 9 ! ,unit$ ,/ates1 7,d7 :i* has n 7prior to plac+ into s]vice ! manufactur+ facility designat$ = purposes ( ?is section7 plac$ 9 s]vice a manufactur+ facility1 7,e7 :i* is a />t-up company1 & 7,f7 ) respect to :i* all debt obligations issu$ by1 & equity int]e/s 91 h a rat+ ( ,b m9us 7or its sub/antial equival5t7 or high] f a cr$it rat+ ag5cy regi/]$ ) ! ,securities & ,ex*ange ,commission z a nationally recogniz$ /ati/ical rat+ organization 7z def9$ 9 section #c7;a7 ( ! ,securities ,ex*ange ,act ( #aicd74 7#b7 ,/>t-up company ,! t]m />t-up company means any corporation or p>tn]%ip-- 7,a7 :i* fir/ has bo? gross receipts & qualifi$ rese>* exp5ses 7z def9$ 9 section #da7;b77 9 a taxable ye> beg9n+ aft] ,decemb] #ca1 #bjaf1 or 7,b7 :i* bo? gross receipts & qualifi$ rese>* exp5ses 7z s def9$7 9 few] ?an #c taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjaf1 & be=e ,janu>y #a1 #bjbb4 7c7 ,qualifi$ facility con/ruction exp5ditures ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m qualifi$ facility con/ruction exp5ditures means am\nts paid or incurr$ by ! taxpay]-- 7,a7 = ! con/ruction ( a facility 7designat$ = purposes ( ?is section by ! taxpay] at su* "t & 9 su* =m & mann] z ! ,secret>y %all prescribe7 9 ! ,unit$ ,/ates to manufacture a qualifi$ product 7includ+ am\nts = pr(essional s]vices necess>y = ! plann+ ( su* con/ruction71 & 7,b7 = ! pur*ase ( specializ$ equipm5t = use at su* facility & requir$ = ! manufacture ( su* product4 7#b7 ,qualifi$ product ,! t]m qualifi$ product means any product :i*1 prior to con/ruction ( ! facility ) respect to :i* a cr$it is all[$ "u ?is section1 ! taxpay] has produc$ & sold to a bona fide pur*as]1 & su* pur*as] has plac$ su* product 9 s]vice4 7d7 ,special rules ,= purposes ( ?is section-- 7#a7 ,recapture 7,a7 ,9 g5]al ,if1 z ( ! close ( any taxable ye>1 !re is a recapture ev5t ) respect to any facility ( ! taxpay] ) respect to :i* a cr$it 0 all[$ "u ?is section1 !n ! tax ( ! taxpay] "u ?is *apt] = su* taxable ye> %all be increas$ by an am\nt equal to ! product (-- 7i7 ! applicable recapture p]c5tage1 & 7ii7 ! aggregate decrease 9 ! cr$its all[$ "u section #ch = all prior taxable ye>s :i* w\ld h result$ if ! qualifi$ facility con/ruction exp5ditures ( ! taxpay] describ$ 9 subsection 7c77#a7 ) respect to su* facility _h be5 z]o4 7,b7 ,applicable recapture p]c5tage 7i7 ,9 g5]al ,= purposes ( ?is subsection1 ! applicable recapture p]c5tage %all be det]m9$ 9 accordance ) ! foll[+ table3 ,if ! recapture ev5t occurs 93,! applicable recapture p]c5tage is3 ,ye> #aajj ,ye> #bhj ,ye> #cfj ,ye> #ddj ,ye> #ebj ,ye>s #f & !reaft]#j4 7ii7 ,ye>s ,= purposes ( clause 7i71 ye> #a %all beg9 on ! fir/ day ( ! taxable ye> 9 :i* ! facility ) respect to :i* a cr$it 0 all[$ "u ?is subsection 0 plac$ 9 s]vice4 7,c7 ,recapture ev5t ,= purposes ( ?is p>agraph-- 7i7 ,9 g5]al ,a recapture ev5t occurs ) respect to any facility if-- 7,i7 ! taxpay] becomes insolv5t1 or 7,,ii7 ! taxpay] disposes ( ! facility to ano!r p]son :o1 at ?is "t ( ! disposition1 is n an eligible bus9ess4 7ii7 ,special rule = facilities n plac$ 9 s]vice )9 #e ye>s ,9 ! case ( a facility ) respect to :i* a cr$it is all[$ "u ?is section :i* is n plac$ 9 s]vice be=e ! close ( ! #e? taxable ye> beg9n+ aft] ! fir/ taxable ye> = :i* ! cr$it 0 s all[$1 a recapture ev5t %all be treat$ z hav+ occurr$ ) respect to su* facility 9 ye> #a4 7#b7 ,cr$it may be assign$ ,! am\nt ( qualifi$ facility con/ruction exp5ditures ) respect to a facility :i* w\ld 7b = ?is p>agraph7 be tak5 into acc\nt "u subsection 7a7 = any taxable ye> by any p]son 7h]eaft] 9 ?is p>agraph ref]r$ to z ! initial taxpay]7-- 7,a7 may be tak5 into acc\nt by any o!r p]son to :om su* exp5ditures are assign$ by ! initial taxpay]1 & 7,b7 %all n be tak5 to acc\nt by initial taxpay]4 ,any p]son to :om su* exp5ditures are assign$ "u subp>agraph 7,a7 %all be treat$ = purposes ( ?is title z ! taxpay] ) respect to su* exp5ditures4 7#c7 ,controll$ gr\p ,all memb]s ( ! same controll$ gr\p ( corporations 7)9 ! mean+ ( section #eb7;a77 & all p]sons "u common control 7)9 ! mean+ ( section #eb7;b77 %all be treat$ z #a p]son = purposes ( ?is section4 7#d7 ,pr$ecessor ,any ref]5ce 9 ?is section to a corporation or p>tn]%ip %all include a ref]5ce to any pr$ecessor ( su* corporation or p>tn]%ip4 7#e7 ,d5ial ( d\ble b5efit ,= purposes ( ?is subtitle1 if a cr$it is all[$ "u ?is section 9 connection ) any exp5diture = any prop]ty1 ! basis ( su* prop]ty %all be r$uc$ by ! am\nt ( ! cr$it s all[$4 4 7b7 ,d5ial ( d\ble b5efit ,section #bhj;,c ( su* ,code is am5d$ by add+ at ! end ! foll[+ new subsection3 7i7 ,manufactur+ facility exp5ditures ,no d$uction %all be all[$ = t portion ( ! exp5ses o!rwise all[able z a d$uction tak5 into acc\nt 9 det]m9+ ! cr$it "u section #de,s = ! taxable ye> :i* is equal to ! am\nt ( ! cr$it det]m9$ = su* taxable ye> "u section #de,s7a74 4 7c7 ,cr$it ,to ,be ,"p ( ,g5]al ,bus9ess cr$it ,section #ch7;b7 ( ! su* ,code1 z am5d$ by ?is ,act1 is am5d$ by /rik+ plus at ! end ( p>agraph 7#cf71 by /rik+ ! p]iod at ! end ( p>agraph 7#cg7 & ins]t+ 1 plus1 & by ins]t+ aft] p>agraph 7#cg7 ! foll[+3 7#ch7 manufactur+ facility exp5diture cr$it det]m9$ "u section #de,s7a74 4 7d7 ,con=m+ am5dm5t ,section #ajaf7;a7 ( su* ,code1 z am5d$ by ?is ,act1 is am5d$ by /rik+ & at ! end ( p>agraph 7#cg71 by /rik+ ! p]iod at ! end ( p>agraph 7#ch7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#ci7 to ! ext5t provid$ 9 section #de,s7d77#b74 4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to am\nts paid or incurr$ aft] ! date ( ! enactm5t ( ?is ,act4