,i #aag? ,,congress #a/ ,session ,h4 ,r4 #cjic ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #aa1 #bjba,mr4 ,cri/ introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ,ways & ,means1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to provide assi/ance to ! hotel indu/ry1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,save ,hotel ,jobs ,act4 #b4 ,support+ hotel op]ators & work]s ?r\gh grants = payroll co/s 7a7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ p]iod ,! t]m cov]$ p]iod1 ) respect to a grant1 means ! #bgj-;day p]iod beg9n+ on ! date on :i* ! grant funds h be5 disburs$4 7#b7 ,,covid-#ai public heal? em]g5cy ,! t]m ,,covid-#ai public heal? em]g5cy means ! public heal? em]g5cy decl>$ by ! ,secret>y ( ,heal? & ,human ,s]vices "u section #cai ( ! ,public ,heal? ,s]vice ,act 7#db ,u4,s4,c4 #bdg;d7 on ,janu>y #ca1 #bjbj1 ) respect to ,,covid-#ai4 7#c7 ,hotel own] or op]ator ,! t]m hotel own] or op]ator means a gr\p :i* is prim>ily engag$ 9 own+ or op]at+ an e/abli%m5t kn[n to ! public z a hotel t provides lodg+ = ! g5]al public4 7#d7 ,laid-(f employee ,! t]m laid-(f employee means an individual ^: employm5t ) a hotel own] or op]ator has be5 t]m9at$ dur+ ! ,,covid-#ai public heal? em]g5cy4 7#e7 ,payroll co/s ,! t]m payroll co/s1 ) respect to a hotel own] or op]ator-- 7,a7 means1 except z provid$ 9 subp>agraph 7,b7-- 7i7 ! sum ( paym5ts ( any comp5sation ) respect to employees ( ! own] or op]ator t is-- 7,i7 a sal>y1 wage1 commission1 or simil> comp5sation2 7,,ii7 a paym5t ( ca% tip or equival5t2 7,,iii7 a paym5t = vacation1 p>5tal1 family1 m$ical1 or sick leave2 7,,iv7 an all[ance = dismissal or sep>ation2 7,v7 a paym5t requir$ = ! provisions ( gr\p heal? c>e or gr\p life1 disability1 vision1 or d5tal insurance b5efits1 includ+ insurance premiums2 7,,vi7 a paym5t ( any retirem5t b5efit2 or 7,,vii7 a paym5t ( ,/ate or local tax assess$ on ! comp5sation ( employees2 & 7ii7 ! sum ( paym5ts ( any comp5sation ) respect to employees paid by a hotel own] or op]ator to a ?ird-p>ty hotel managem5t company op]at+ ! hotel t is comp5sation = any ( ! items describ$ 9 subclauses 7,i7 ?r\gh 7,,vii7 ( clause 7i72 & 7iii7 ! sum ( paym5ts ( any comp5sation provid$ by ! hotel own] or op]ator to or z income ( a sole proprietor or indep5d5t contractor t is a wage1 commission1 income1 net e>n+s f self-employm5t1 or simil> comp5sation2 & 7,b7 %all n include-- 7i7 ) respect to an individual employee1 any total paym5ts describ$ 9 subclause 7,i7 or 7,,ii7 ( subp>agraph 7,a77i7 t are 9 excess ( #ajj1jjj on an annualiz$ basis1 z prorat$ = ! p]iod dur+ :i* ! paym5ts are made or ! obligation to make ! paym5ts are incurr$2 7ii7 ) respect to a sole proprietor or indep5d5t contractor1 any total paym5ts describ$ 9 subp>agraph 7,a77iii7 t are 9 excess ( #ajj1jjj on an annualiz$ basis1 z prorat$ z describ$ 9 clause 7i72 7iii7 taxes impos$ or )held "u *apt] #ba1 #bb1 or #bd ( ! ,int]nal ,rev5ue ,code ( #aihf2 7iv7 any comp5sation ( an employee ^: pr9cipal place ( resid5ce is outside ( ! ,unit$ ,/ates2 7v7 qualifi$ sick leave wages = :i* a cr$it is all[$ "u section #gjja ( ! ,families ,fir/ ,coronavirus ,response ,act 7,public ,law #aaf-abg72 or 7vi7 qualifi$ family leave wages = :i* a cr$it is all[$ "u section #gjjc ( ! ,families ,fir/ ,coronavirus ,response ,act 7,public ,law #aaf-abg74 7#f7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate4 7b7 ,grants 7#a7 ,9 g5]al ,! ,secret>y %all aw>d grants "u ?is section to hotel own]s or op]ators = ! purpose ( assi/+ ) payroll co/s dur+ ! cov]$ p]iod 9 accordance ) subsection 7d74 7#b7 ,initial aw>ds 7,a7 ,9 g5]al ,ea* hotel own] or op]ator t applies = an initial grant "u ?is section & meets ! requirem5ts "u subsection 7c7 %all1 subject to fund+ available "u subsection 7h71 receive su* grant4 7,b7 ,am\nts 7i7 ,9 g5]al ,! ,secret>y %all det]m9e ! am\nt ( an initial grant aw>d$ "u ?is section on an individualiz$ basis ) respect to ea* hotel own] or op]ator & 9 accordance ) ?is subp>agraph4 7ii7 ,/&>d maximum am\nt ,! maximum am\nt ( an initial grant aw>d$ "u ?is section to a hotel own] or op]ator %all1 except z provid$ 9 clause 7iii71 be ! less] (-- 7,i7 subject to clause 7iv71 #bj1jjj1jjj2 or 7,,ii7 7aa7 9 ! case ( a grant ) respect to a hotel t 0 op]at+ = a #c-mon? p]iod dur+ cal5d> ye> #bjai1 ! product obta9$ by multiply+ by #c ! av]age total mon?ly paym5ts = payroll co/s ( ! hotel incurr$ 9 a #c-mon? p]iod1 select$ by ! own] or op]ator1 dur+ cal5d> ye> #bjai2 or 7bb7 9 ! case ( a grant ) respect to a hotel t 0 n op]at+ = a #c-mon? p]iod dur+ cal5d> ye> #bjai & 0 op]at+ = a #c-mon? p]iod dur+ cal5d> ye> #bjbj1 ! product obta9$ by multiply+ by #c ! av]age total mon?ly paym5ts = payroll co/s ( ! hotel1 incurr$ 9 a #c-mon? p]iod1 select$ by ! own] or op]ator1 dur+ cal5d> ye> #bjbj4 7iii7 ,special circum/ances 7,i7 ,9 g5]al ,9 ! case ( a grant = a hotel t 0 n 9 op]ation = a #c-mon? p]iod 9 cal5d> ye> #bjai or #bjbj1 ! maximum am\nt ( an initial grant aw>d$ "u ?is section %all be ! less] (-- 7aa7 subject to clause 7iv71 #bj1jjj1jjj2 or 7bb7 ! am\nt applicable "u subclause 7,,ii71 7,,iii71 or 7,,iv74 7,,ii7 ,op]at+ 9 #bjai & #bjbj ,9 ! case ( a grant ) respect to a hotel t 0 9 op]ation 9 cal5d> ye>s #bjai & #bjbj1 b n 9 op]ation = a #c-mon? p]iod 9 ei!r ( ^? cal5d> ye>s1 ! applicable am\nt = purposes ( subclause 7,i77bb7 is-- 7aa7 ! diff]5ce betwe5-- 7,,aa7 ! product obta9$ by multiply+ ! av]age mon?ly gross receipts ( ! hotel 9 cal5d> ye> #bjai by #ab2 & 7,,bb7 ! product obta9$ by multiply+ ! av]age mon?ly gross receipts ( ! hotel 9 #bjbj by #ab2 or 7bb7 an am\nt bas$ on a =mula det]m9$ by ! ,secret>y4 7,,iii7 ,op]ations beg9n+ 9 #bjbj & prior to submission ( ! application ,9 ! case ( a grant ) respect to a hotel t began op]at+ dur+ ! p]iod beg9n+ on ,janu>y #a1 #bjbj1 & end+ on ! day be=e ! date on :i* ! application = ! grant 0 submitt$ "u subsection 7c7 & t 0 n 9 op]ation = a #c-mon? p]iod 9 cal5d> ye> #bjbj1 ! applicable am\nt = purposes ( subclause 7,i77bb7 is-- 7aa7 ! total am\nt ( fix$ & op]at+ exp5ses t 7 incurr$ = ! hotel prior to ! submission ( ! application m9us any gross receipts receiv$2 or 7bb7 an am\nt bas$ on a =mula det]m9$ by ! ,secret>y4 7,,iv7 ,hotels n 9 op]ation z ( submission ( ! application ,9 ! case ( a grant ) respect to a hotel t is n 9 op]ation on ! date on :i* ! application = ! grant 0 submitt$ "u subsection 7c71 b has incurr$ payroll co/s z ( ! date ( enactm5t ( ?is ,act1 ! am\nt applicable = purposes ( subclause 7,i77bb7 is-- 7aa7 ! am\nt ( su* payroll co/s2 or 7bb7 an am\nt bas$ on a =mula det]m9$ by ! ,secret>y4 7iv7 ,r$uction 9 aw>d = ,,ppp loans ,9 ! case t a hotel own] or op]ator receives a loan gu>ante$ "u p>agraph 7#cf7 or 7#cg7 ( section #g7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77 be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act & is approv$ = a grant "u ?is section1 ! am\nt ( #bj1jjj1jjj applicable "u clauses 7ii77,i7 & 7iii77,i77aa7 %all be r$uc$ by ! total am\nt ( loans to su* own] or op]ator gu>ante$ "u su* p>agraph 7#cf7 or 7#cg7 t is =giv5 "u-- 7,i7 section #aajf ( ! ,,c>es ,act 7z 9 effect on ! day be=e ! date ( enactm5t ( ! ,consolidat$ ,appropriations ,act1 #bjba 7,public ,law #aaf-bfj772 7,,ii7 section #g;,a ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcfm72 or 7,,iii7 p>agraph 7#cg77;,j7 ( section #g7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a774 7#c7 ,supplem5tal aw>ds 7,a7 ,9 g5]al ,! ,secret>y may make a supplem5tal grant 9 accordance ) ?is section to a hotel own] or op]ator t has receiv$ an initial grant "u p>agraph 7#b7 if1 9 ! #c-mon? p]iod foll[+ ! disbursem5t ( am\nts f ! initial grant1 ! rev5ue ( ! hotel own] or op]ator is n m ?an #ej p]c5t ( ! rev5ue ( ! hotel own] or op]ator = ! correspond+ #c-mon? p]iod dur+ #bjai1 due to ! ,,covid-#ai p&emic4 7,b7 ,am\nt ,a supplem5tal grant "u ?is p>agraph %all be 9 ! am\nt equal to #ej p]c5t ( ! am\nt ( ! grant receiv$ by ! hotel own] or op]ator "u p>agraph 7#b74 7,c7 ,qualifi$ own]s or op]ators ,an own] or op]ator may n receive a supplem5tal grant "u ?is p>agraph if ! own] or op]ator 0 n 9 op]ation = ! #c-mon? p]iod 9 #bjai correspond+ to ! #c-mon? p]iod foll[+ ! disbursem5t ( am\nts f ! initial grant "u p>agraph 7#b74 7c7 ,eligibility ,to be eligible to receive a grant "u ?is section1 a hotel own] or op]ator %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y %all specify1 includ+-- 7#a7 9 ! case ( an application = an initial grant1 an assurance t1 if applicable1 ! hotel own] or op]ator _h a decl9e ( n less ?an #dj p]c5t 9 gross receipts dur+ any #c-mon? p]iod 9 cal5d> ye> #bjbj1 z comp>$ to ! same #c-mon? p]iod 9 cal5d> ye> #bjai2 7#b7 an assurance ! hotel own] or op]ator has a policy = provid+ recall rights z describ$ 9 subsection 7e72 7#c7 an assurance t ! hotel own] or op]ator w use ! funds ( ! grant dur+ ! cov]$ p]iod 9 accordance ) ! requirem5t "u subsection 7d72 & 7#d7 an assurance t-- 7,a7 ! hotel ( ! own] or op]ator 0 9 op]ation on ! date ( enactm5t ( ?is ,act2 or 7,b7 if n 9 op]ation on su* date1 _h incurr$ payroll co/s z ( su* date4 7d7 ,use ( funds ,a hotel own] or op]ator receiv+ a grant "u ?is section %all use ! full am\nt ( su* grant dur+ ! cov]$ p]iod = payroll co/s4 7e7 ,recall rights 7#a7 ,policy 7,a7 ,9 g5]al ,! policy describ$ 9 ?is subsection %all1 except z provid$ 9 p>agraph 7#d71 include a requirem5t t ! hotel own] or op]ator (f]s to ! laid-(f employees ( ! hotel support$ by ! grant all positions :i* become available aft] ! own] or op]ator receives fund+ "u ?is section = :i* ! laid-(f employees are qualifi$1 z describ$ 9 subp>agraph 7,c74 7,b7 ,=m ,! policy describ$ 9 ?is subsection %all be provid$ to laid-(f employees 9 writ+-- 7i7 by regi/]$ mail to ! la/ kn[n physical addresses ( su* employees2 & 7ii7 by email & text message to ! ext5t ! own] or op]ator possesses su* in=mation4 7,c7 ,qualifications = a position ,= purposes ( ?is subsection1 a laid-(f employee is qualifi$ = a position if ! laid-(f employee-- 7i7 held ! same or a simil> position ) ! hotel at :i* ! laid-(f employee 0 previ\sly employ$ at ! "t ( ! laid-(f employee's mo/ rec5t t]m9ation f employm5t2 or 7ii7 has ! requisite skill level requir$ = ! position4 7,d7 ,priority sy/em ,9 (f]+ a position "u ! policy describ$ 9 ?is subsection1 ! hotel own] or op]ator %all give priority to a laid-(f employee describ$ 9 clause 7i7 ( subp>agraph 7,c7 ov] a laid-(f employee describ$ 9 clause 7ii7 ( su* subp>agraph4 ,9 ! case t m ?an #a laid-(f employee describ$ 9 su* clause 7i71 or m ?an #a laid-(f employee describ$ 9 su* clause 7ii71 is eligible = ! same available position1 ! hotel own] or op]ator %all (f] ! position to ! laid-(f employee ) ! greate/ cont9u$ l5g? ( s]vice at ! hotel at :i* ! laid-(f employee 0 previ\sly employ$4 7,e7 ,acceptance ,! hotel own] or op]ator %all all[ a laid-(f employee :o is (f]$ a position pursuant to ! policy describ$ 9 ?is subsection n less ?an #g days f ! date ! (f] is s5t to ! laid-(f employee to accept or decl9e ! (f]4 7,f7 ,multiple conditional (f]s ,"u ! policy describ$ 9 ?is subsection1 a hotel own] or op]ator may make simultane\s1 conditional (f]s ( employm5t to laid-(f employees1 ) a f9al (f] ( employm5t condition$ on application ( ! priority sy/em "u subp>agraph 7,d74 7,g7 ,additional circum/ances cov]$ by ! policy ,a hotel own] or op]ator receiv+ a grant "u ?is section %all ensure t ! policy "u ?is subsection w cont9ue to apply 9 ea* ( ! foll[+3 7i7 ,! own]%ip ( ! hotel is sold or o!rwise transf]r$ to ano!r entity conduct+ ! same or simil> op]ations z ! hotel own] or op]ator receiv+ ! grant conduct$ prior to ! sale or transf]1 includ+ applicability ) respect to any laid-(f employee :o 0 t]m9at$ f employm5t ) ! grant recipi5t prior to ! sale or transf]4 7ii7 ,! =m ( organization ( ! hotel own] or op]ator *anges aft] ! hotel own] or op]ator receives ! fund+4 7iii7 ,sub/antially all ( ! assets ( ! hotel own] or op]ator 7 acquir$ by ano!r entity :i* conducts ! same or simil> op]ations us+ sub/antially ! same assets z ! hotel own] or op]ator prior to ! acquisition4 7#b7 ,rate ( comp5sation ,a laid-(f employee :o returns to employm5t = a hotel own] or op]ator pursuant to a policy describ$ 9 ?is subsection %all1 9 accordance ) p>agraph 7#c71 be comp5sat$ at a rate n less ?an ! rate ( comp5sation ! laid-(f employee _h prior to ! sep>ation f employm5t4 7#c7 ,duration ( rights ,! rights describ$ 9 p>agraphs 7#a7 & 7#b7 %all apply = a p]iod t does n end prior to ! date t is #b ye>s aft] ! date ( enactm5t ( ?is ,act4 7#d7 ,exceptions ,! rights "u ?is subsection %all n apply-- 7,a7 9 ! case ( a laid-(f employee ^: employm5t 0 t]m9at$ = cause2 7,b7 9 ! case ( a laid-(f employee :o has accept$ ano!r (f] ( employm5t aft] be+ recall$ pursuant to a policy "u ?is subsection2 7,c7 9 ! case ! position no long] exi/s due to a *ange 9 circum/ances ( ! hotel2 7,d7 9 ! case ! hotel own] or op]ator has made an (f] ( recall 9 accordance ) ! requirem5ts "u ?is subsection & ! laid-(f employee refuses or does n accept ! position )9 #e days ( :5 ! (f] is s5t2 or 7,e7 9 ! case an applicable collective b>ga9+ agreem5t waives ! rights to recall "u ?is subsection4 7f7 ,tax treatm5t ,= purposes ( ! ,int]nal ,rev5ue ,code ( #aihf-- 7#a7 am\nts aw>d$ ?r\gh a grant "u ?is section %all n be includ$ 9 ! gross income ( ! hotel own] or op]ator t receives su* am\nts2 & 7#b7 no d$uction %all be d5i$1 no tax attribute %all be r$uc$1 & no basis increase %all be d5i$1 by reason ( ! exclusion f gross income provid$ by p>agraph 7#a74 7g7 ,regulations 7#a7 ,9 g5]al ,! ,secret>y %all prescribe regulations to c>ry out ?is section1 :i* %all include-- 7,a7 rem$ial measures1 includ+-- 7i7 ! au?ority = ! ,secret>y to clawback funds provid$ ?r\gh ?is section 9 ! case ( violations ( ! requirem5ts "u ?is section ) respect to su* funds2 & 7ii7 ! au?ority = ! ,secret>y to impose f9es on recipi5ts ( funds "u ?is section :o are 9 violation ( su* requirem5ts2 & 7,b7 a requirem5t = recipi5ts ( funds "u ?is section to publicly disclose ! am\nt ( su* funds4 7#b7 ,consultation ) ,dep>tm5t ( ,labor ,) respect to ! recall rights "u subsection 7e71 ! ,secret>y %all1 9 prescrib+ regulations & en=c+ ! requirem5ts "u ?is section1 consult ) ! ,secret>y ( ,labor4 7h7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to ! ,secret>y #bj1jjj1jjj1jjj1 = fiscal ye> #bjba1 to rema9 available until exp5d$1 to make grants "u ?is section4 #c4 ,p]sonal ,protective ,equipm5t ,tax ,cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #de,u4 ,p]sonal ,protective ,equipm5t ,cr$it 7a7 ,all[ance ( cr$it ,= purposes ( section #ch1 ! p]sonal protective equipm5t cr$it det]m9$ "u ?is section = ! taxable ye> is an am\nt equal to #ej p]c5t ( ! am\nt paid by an eligible taxpay] = qualifi$ p]sonal protective equipm5t exp5ses dur+ su* ye>4 7b7 ,maximum cr$it ,! cr$it det]m9$ "u ?is section ) respect to any eligible taxpay] = any taxable ye> %all n exce$ #be1jjj4 7c7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,eligible taxpay] 7,a7 ,9 g5]al ,! t]m eligible taxpay] means any p]son engag$ 9 ! bus9ess ( own+ or op]at+ a qualifi$ hotel4 7,b7 ,qualifi$ hotel 7i7 ,9 g5]al ,! t]m qualifi$ hotel means a lodg+ facility 7z def9$ 9 section #hef7;d77#i77;,d77ii77 = :i*1 ) respect to ea* applicable mon? dur+ ! taxable ye>1 ! av]age numb] ( h\rs work$ by h\sekeep+ /aff at su* facility dur+ su* mon? is great] ?an or equal to ! av]age numb] ( h\rs work$ by ! h\sekeep+ /aff at su* facility dur+ cal5d> ye> #bjai 7z det]m9$ on an av]age mon?ly basis74 7ii7 ,applicable mon? ,! t]m applicable mon? means any mon? beg9n+ aft] ! date ( enactm5t ( ! ,save ,hotel ,jobs ,act4 7,c7 ,docum5tation requirem5ts ,! ,secret>y may e/abli% su* docum5tation requirem5ts z are necess>y to det]m9e eligibility = a cr$it "u ?is section4 7#b7 ,qualifi$ p]sonal protective equipm5t exp5ses ,! t]m qualifi$ p]sonal protective equipm5t exp5ses includes am\nts paid or incurr$-- 7,a7 = ! purpose ( r$uc+ ! risk ( ,coronavirus ,disease #bjai 7,,covid-#ai7 transmission betwe5 p on ! premises ( an eligible hotel1 includ+-- 7i7 gloves1 m$ical masks1 ,n-#ie respirators1 eye protection1 g[ns & aprons1 boots or clos$-toe "w %oes1 clean+ det]g5ts1 h& sanitiz]s1 clean+ products & tools1 7ii7 retr(itt+ or in/allation ( equipm5t1 & 7iii7 any o!r relevant exp5se ! ,secret>y1 9 consultation ) ! ,secret>y ( ,heal? & ,human ,s]vices1 det]m9es necess>y1 & 7,b7 at any "t dur+ a ye> 9 :i*1 ) respect to ,,covid-#ai-- 7i7 ! ,presid5t decl>es a national em]g5cy "u ! ,national ,em]g5cies ,act 7#ej ,u4,s4,c4 #afja et seq471 or 7ii7 an em]g5cy involv+ ,f$]al prim>y responsibility is det]m9$ to exi/ by ! ,presid5t "u ! section #eja7;b7 ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eaia7;b774 7d7 ,d5ial ( d\ble b5efit ,no d$uction %all be all[$ "u ?is *apt] = any am\nt tak5 into acc\nt 9 det]m9+ ! cr$it "u ?is section4 7e7 ,d5ial ( cr$it = c\nt]feit items ,no cr$it %all be all[$ "u ?is section ) respect to any item if ! ,secret>y det]m9es su* item to be c\nt]feit or sold or di/ribut$ 9 bad fai?4 4 7b7 ,cr$it made "p ( g5]al bus9ess cr$it ,subsection 7b7 ( section #ch ( su* ,code is am5d$ by /rik+ plus at ! end ( p>agraph 7#cb71 by /rik+ ! p]iod at ! end ( p>agraph 7#cc7 & ins]t+ 1 plus1 & by add+ at ! end ! foll[+ new p>agraph3 7#cd7 ! p]sonal protective equipm5t cr$it det]m9$ "u section #de,u4 4 7c7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,u4 ,p]sonal ,protective ,equipm5t ,cr$it4 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to exp5ses made or incurr$ aft] ,decemb] #ca1 #bjbj1 9 taxable ye>s end+ aft] su* date4