,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #cbif  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #ac1 #bjbj,mr4
 ,toomey 7= himself1 ,mr4 ,p]due1 ,mr4  
,tillis1 ,mr4 ,cruz1 ,mr4 ,rubio1 ,mr4  
,ris*1 ,mr4 ,cram]1 ,mrs4 ,capito1 ,mr4 
,inh(e1 ,mr4 ,g>dn]1 ,mr4 ,portman1 ,mr4
 ,braun1 ,mr4 ,scott ( ,s\? ,c>ol9a1    
,mr4 ,moran1 & ,mr4 ,lank=d7 introduc$ !
 foll[+ bill2 :i* 0 read twice & ref]r$ 
to ! ,committee on ,f9ance  ,a ,,bill   
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to p]man5tly all[ a tax d$uction  
at ! "t an inve/m5t 9 qualifi$ prop]ty  
is made1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z !         
,accel]ate ,long-t]m ,inve/m5t ,gr[? ,n[
 ,act or ! ,,align ,act4  #b4 ,p]man5t  
full exp5s+ = qualifi$ prop]ty  7a7 ,9  
g5]al ,p>agraph 7#f7 ( section #afh7k7 (
 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$ to read z foll[s3  7#f7           
,applicable p]c5tage ,= purposes ( ?is  
subsection1 ! t]m applicable p]c5tage   
means1 9 ! case ( prop]ty plac$ 9 s]vice

 7or1 9 ! case ( a specifi$ plant       
describ$ 9 p>agraph 7#e71 a plant :i* is
 plant$ or graft$7 aft] ,septemb] #bg1  
#bjag1 #ajj p]c5t4  4  7b7 ,con=m+      
am5dm5ts  7#a7 ,section #afh7k7 ( !     
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7,a7 9 p>agraph 7#b7-- 7i7 9    
subp>agraph 7,a7-- 7,i7 9 clause        
7i77,v71 by ins]t+ & at ! end1  7,,ii7 9
 clause 7ii71 by /rik+ clause 7ii7 (    
subp>agraph 7,e71 & & ins]t+ clause 7i7 
( subp>agraph 7,e741 &  7,,iii7 by /rik+
 clause 7iii71  7ii7 9 subp>agraph      
7,b7-- 7,i7 9 clause 7i7-- 7aa7 by /rik+
 subclauses 7,,ii7 & 7,,iii71 &  7bb7 by
 r$esignat+ subclauses 7,,iv7 ?r\gh     
7,,vi7 z subclauses 7,,ii7 ?r\gh 7,,iv71
 respectively1  7,,ii7 by /rik+ clause  
7ii71 &  7,,iii7 by r$esignat+ clauses  
7iii7 & 7iv7 z clauses 7ii7 & 7iii71    
respectively1  7iii7 9 subp>agraph      
7,c7-- 7,i7 9 clause 7i71 by /rik+ &    
subclauses 7,,ii7 & 7,,iii7 (           
subp>agraph 7,b77i71 &  7,,ii7 9 clause 
7ii71 by /rik+ subp>agraph 7,b77iii7 &  

ins]t+ subp>agraph 7,b77ii71 &  7iv7 9  
subp>agraph 7,e7-- 7,i7 by /rik+ clause 
7i71 &  7,,ii7 by r$esignat+ clauses    
7ii7 & 7iii7 z clauses 7i7 & 7ii71      
respectively1 &  7,b7 9 p>agraph        
7#e77;,a71 by /rik+ plant$ be=e ,janu>y 
#a1 #bjbg1 or is graft$ be=e su* date to
 a plant t has already be5 plant$1 &    
ins]t+ plant$ or graft$4  7#b7 ,section 
#dfj7;c77#f77;,b7 ( su* ,code is am5d$  
by /rik+ :i* & all t foll[s ?r\gh !     
p]iod & ins]t+ :i* has a recov]y p]iod (
 #g ye>s or less44  7c7 ,effective date 
,! am5dm5ts made by ?is section %all    
take effect z if includ$ 9 section      
#acbja ( ,public ,law #aae-ig4  #c4     
,te*nical am5dm5ts reg>d+ qualifi$      
improvem5t prop]ty  7a7 ,9 g5]al        
,section #afh ( ! ,int]nal ,rev5ue ,code
 ( #aihf1 z am5d$ by section #b1 is     
am5d$-- 7#a7 9 subsection 7e7-- 7,a7 9  
p>agraph 7#c77;,e71 by /rik+ & at ! end 
( clause 7v71 by /rik+ ! p]iod at ! end 
( clause 7vi7 & ins]t+ 1 &1 & by add+ at
 ! end ! foll[+ new clause3  7vii7 any  

qualifi$ improvem5t prop]ty4  1 &  7,b7 
9 p>agraph 7#f77;,a71 by ins]t+ made by 
! taxpay] aft] any improvem5t1 &  7#b7 9
 ! table conta9$ 9 subsection           
7g77#c77;,b7-- 7,a7 by /rik+ ! item     
relat+ to subp>agraph 7,d77v71 &  7,b7  
by ins]t+ aft] ! item relat+ to         
subp>agraph 7,e77vi7 ! foll[+ new item3 
7,e77vii7#bj 4  7b7 ,effective date ,!  
am5dm5ts made by ?is section %all take  
effect z if includ$ 9 section #acbjd (  
,public ,law #aae-ig4