,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #cahh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #aj1 #bjai,mr4  
,?ompson ( ,cali=nia 7= himself & ,mr4  
,smi? ( ,miss\ri7 introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to ext5d 
! limitation on ! c>ryov] ( excess      
corporate *>itable contributions by     
regulat$ public utilities4  #a4         
,ext5sion ( limitation on c>ryov] (     
excess *>itable contributions by        
regulat$ public utilities  7a7 ,9 g5]al 
,section #agj7;d77#b7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new subp>agraph3  7,c7
 ,special rule = regulat$ public        
utilities ,9 ! case ( a corporation t is
 a regulat$ public utility 7z def9$ 9   
section #ggja7;a77#cc771 or an affiliat$
 gr\p ( :i* su* a regulat$ public       
utility is a "p1 subp>agraph 7,a7 %all  
be appli$ by sub/itut+ #bj succe$+      
taxable ye>s = #e succe$+ taxable ye>s &

 by sub/itut+ ea* ( ! second ?r\gh      
tw5tie? = ! second1 ?ird1 f\r?1 or fif?4
  4  7b7 ,effective date ,! am5dm5ts    
made by ?is section %all apply to excess
 contributions :i* are d$uctible "u     
section #agj7;d77#b77;,a7 ( su* ,code 9 
succe$+ taxable ye>s beg9n+ aft]        
,decemb] #ca1 #bjai4