,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fdeh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #g1 #bjbj,mr4  
,br5dan ,f4 ,boyle ( ,p5nsylvania 7=    
himself & ,mr4 ,arr+ton7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d section #aii;,a ( ! ,int]nal   
,rev5ue ,code ( #aihf to all[ ! d$uction
 "u t section to apply to qualifi$ ,,bdc
 int]e/ divid5ds 9 ! same mann] z       
qualifi$ ,,reit divid5ds4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,small  
,bus9ess ,inve/or ,tax ,p>ity ,act (    
#bjbj4  #b4 ,d$uction = qualifi$ bus9ess
 income to apply to c]ta9 int]e/        
divid5ds ( qualifi$ bus9ess developm5t  
companies  7a7 ,9 g5]al ,subsections    
7b77#a77;,b7 & 7c77#a7 ( section #aii;,a
 ( ! ,int]nal ,rev5ue ,code ( #aihf are 
ea* am5d$ by ins]t+ 1 qualifi$ ,,bdc    
int]e/ divid5ds1 aft] qualifi$ ,,reit   
divid5ds4  7b7 ,qualifi$ ,,bdc int]e/   
divid5d def9$ ,section #aii;,a7e7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 

by add+ at ! end ! foll[+ new p>agraph3 
7#e7 ,qualifi$ ,,bdc int]e/ divid5d     
7,a7 ,9 g5]al ,! t]m qualifi$ ,,bdc     
int]e/ divid5d means any divid5d f an   
elect+ bus9ess developm5t company       
receiv$ dur+ ! taxable ye> :i* is       
attributable to net int]e/ income ( su* 
company :i* is prop]ly allocable to a   
qualifi$ trade or bus9ess ( su* company4
  7,b7 ,elect+ bus9ess developm5t       
company ,= purposes ( ?is p>agraph1 !   
t]m elect+ bus9ess developm5t company   
means a bus9ess developm5t company 7z   
def9$ 9 section #b7;a7 ( ! ,inve/m5t    
,company ,act ( #aidj7 :i* has an       
election 9 effect "u section #hea to be 
treat$ z a regulat$ inve/m5t company4  4
  7c7 ,effective date ,! am5dm5ts made  
by ?is section %all apply to taxable    
ye>s beg9n+ aft] ,decemb] #ca1 #bjai4