,,ii  #aae? ,,congress  #b;d ,session   
,s4 #cjeh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #ac1 #bjah,mr4   
,cassidy 7= himself1 ,mr4 ,c>d91 & ,ms4 
,coll9s7 introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to elim9ate !     
requirem5t t ! taxpay]'s basis 9 a      
build+ be r$uc$ by ! am\nt ( !          
rehabilitation cr$it det]m9$ ) respect  
to su* build+4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,hi/oric ,tax      
,cr$it ,enhancem5t ,act4  #b4           
,elim9ation ( rehabilitation cr$it basis
 adju/m5t  7a7 ,9 g5]al ,section #ej7;c7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#f7 ,exception =            
rehabilitation cr$it ,9 ! case ( !      
rehabilitation cr$it1 p>agraph 7#a7 %all
 n apply4  4  7b7 ,treatm5t 9 case (    
cr$it all[$ to lessee ,section #ej7;d7 (
 su* ,code is am5d$ by add+ at ! end !  
foll[+3 ,9 ! case ( ! rehabilitation    

cr$it1 p>agraph 7#e77;,b7 ( ! section   
#dh7;d7 ref]r$ to 9 p>agraph 7#e7 ( ?is 
subsection %all n apply44  7c7          
,effective date ,! am5dm5ts made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ! date ( ! enactm5t ( ?is   
,act4