,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #ghgd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #cj1 #bjbj,mr4  
,h>d] ( ,cali=nia introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to          
tempor>ily provide a z]o rate ( ,f$]al  
income tax on income prop]ly            
attributable to ! trade or bus9ess (    
home con/ruction4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,con/ruction ,jobs 
,dur+ ,coronavirus ,act4  #b4 ,z]o rate 
( ,f$]al income tax on income prop]ly   
attributable to ! trade or bus9ess (    
home con/ruction  7a7 ,9 g5]al ,9 ! case
 ( any specifi$ taxable ye> ( a taxpay] 
engag$ 9 ! trade or bus9ess ( home      
con/ruction1 ! rate ( tax impos$ "u     
section #a or #ae ( ! ,int]nal ,rev5ue  
,code ( #aihf on s mu* ( ! taxpay]'s    
taxable income z is prop]ly allocable to
 su* trade or bus9ess %all be z]o p]c5t4
  7b7 ,trade or bus9ess ( home          
con/ruction ,= purposes ( ?is section1 !
 t]m trade or bus9ess ( home con/ruction

 means ! trade or bus9ess ( con/ruct+   
dwell+ units 9 ! ,unit$ ,/ates4 ,su* t]m
 %all include ! con/ruction ( compon5ts 
( su* dwell+ units only if su*          
con/ruction is p]=m$ at ! location ( !  
f9al assembly ( su* dwell+ unit4 ,su*   
t]m %all n include any trade or bus9ess 
if su* trade or bus9ess consi/s (       
s]vices r5d]$ z an employee4  7c7       
,specifi$ taxable ye> ,= purposes ( ?is 
section1 ! t]m specifi$ taxable ye>     
means any taxable ye> beg9n+ dur+ !     
p]iod beg9n+ on ,janu>y #a1 #bjbj1 &    
end+ on ! date on :i* ! nationwide      
public heal? em]g5cy decl>$ "u section  
#cai ( ! ,public ,heal? ,s]vice ,act z a
 result ( ,,covid-#ai ends4  7d7        
,regulations ,! ,secret>y ( ! ,treasury 
7or ! ,secret>y's designee7 %all issue  
su* regulations or o!r guidance z may be
 necess>y or appropriate to c>ry out ?is
 section1 includ+ regulations or o!r    
guidance provid+ = ! prop] application (
 sections #a & #ae ( ! ,int]nal ,rev5ue 
,code ( #aihf to taxable income to :i*  

subsection 7a7 ( ?is section does n     
apply4