,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #cdee  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bg1 #bjag,mr4 
,abraham 7for himself1 ,mr4 ,peterson1  
and ,mr4 ,crawford7 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 treat certain farming
 business machinery and equipment as    
#e-year property for purposes of        
depreciation4  #a4 ,short title ,this   
,act may be cited as the ,fairness for  
,agricultural ,machinery and ,equipment 
,act4  #b4 ,certain farming business    
machinery and equipment treated as      
#e-year property  7a7 ,in general       
,clause 7vii7 of section                
#afh7;e77#c77;,b7 of the ,internal      
,revenue ,code of #aihf is amended to   
read as follows3  7vii7 any machinery or
 equipment 7including any grain bin1    
cotton ginning asset1 or fence1 and     
excluding any other land improvement7   
which is used in a farming business 7as 

defined in section #bfc;,a7e77#d77 the  
original use of which commences with the
 taxpayer after the date of the         
enactment of the ,fairness for          
,agricultural ,machinery and ,equipment 
,act4  4  7b7 ,effective date ,the      
amendments made by this section shall   
apply to property placed in service     
after the date of the enactment of this 
,act4