,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fdeh  ,,in ,,the ,,house ,,of  
,,representatives  ,april #g1 #bjbj,mr4 
,brendan ,f4 ,boyle of ,pennsylvania    
7for himself and ,mr4 ,arrington7       
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to amend section   
#aii;,a of the ,internal ,revenue ,code 
of #aihf to allow the deduction under   
that section to apply to qualified ,,bdc
 interest dividends in the same manner  
as qualified ,,reit dividends4  #a4     
,short title ,this ,act may be cited as 
the ,small ,business ,investor ,tax     
,parity ,act of #bjbj4  #b4 ,deduction  
for qualified business income to apply  
to certain interest dividends of        
qualified business development companies
  7a7 ,in general ,subsections          
7b77#a77;,b7 and 7c77#a7 of section     
#aii;,a of the ,internal ,revenue ,code 
of #aihf are each amended by inserting 1
 qualified ,,bdc interest dividends1    
after qualified ,,reit dividends4  7b7  

,qualified ,,bdc interest dividend      
defined ,section #aii;,a7e7 of the      
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new paragraph3  7#e7          
,qualified ,,bdc interest dividend  7,a7
 ,in general ,the term qualified ,,bdc  
interest dividend means any dividend    
from an electing business development   
company received during the taxable year
 which is attributable to net interest  
income of such company which is properly
 allocable to a qualified trade or      
business of such company4  7,b7         
,electing business development company  
,for purposes of this paragraph1 the    
term electing business development      
company means a business development    
company 7as defined in section #b7;a7 of
 the ,investment ,company ,act of #aidj7
 which has an election in effect under  
section #hea to be treated as a         
regulated investment company4  4  7c7   
,effective date ,the amendments made by 
this section shall apply to taxable     

years beginning after ,december #ca1    
#bjai4