,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #ajcb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #d1 #bjai,mr4   
,portman 7= himself & ,ms4 ,smi?7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to modify !       
def9ition ( income = purposes ( det]m9+ 
! tax-exempt /atus ( c]ta9 corporations4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,revitaliz+ ,und]develop$ ,rural    
,areas & ,l&s 7,,rural7 ,act4  #b4      
,modification ( income = purposes (     
det]m9+ tax-exempt /atus ( c]ta9        
organizations  7a7 ,9 g5]al ,section    
#eja7;c77#ab7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by add+ at ! end !    
foll[+ new subp>agraph3  7,j7 ,9 ! case 
( a mutual or coop]ative telephone or   
electric company describ$ 9 ?is         
p>agraph1 subp>agraph 7,a7 %all be      
appli$ )\t tak+ into acc\nt any income  
receiv$ or accru$ f--  7i7 any grant1   
contribution1 or assi/ance provid$      

pursuant to ! ,rob]t ,t4 ,/af=d ,disa/] 
,relief & ,em]g5cy ,assi/ance ,act or   
any simil> grant1 contribution1 or      
assi/ance by any local1 ,/ate1 or       
regional gov]nm5tal entity = ! purpose (
 relief1 recov]y1 or re/oration f1 or   
prep>ation =1 a disa/] or em]g5cy1 or   
7ii7 any grant or contribution by any   
gov]nm5tal entity 7o!r ?an a            
contribution 9 aid ( con/ruction or any 
o!r contribution z a cu/om] or pot5tial 
cu/om]7 ! purpose ( :i* is sub/antially 
relat$ to provid+1 con/ruct+1 re/or+1 or
 relocat+ electric1 communication1      
broadb&1 int]net1 or o!r utility        
facilities or s]vices4  4  7b7          
,effective date ,! am5dm5t made by ?is  
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjag4