,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #cgbe  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #d1 #bjba ,ms4  
,newman introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to increase ! qualifi$   
bus9ess income d$uction = taxpay]s ^:   
taxable income does n exce$ #ajj1jjj1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,relief & ,equity =
 ,small bus9esses ?r\gh ,tax ,act or !  
,,re/ ,act4  #b4 ,increas$ qualifi$     
bus9ess income d$uction = c]ta9 taxpay]s
  7a7 ,9 g5]al ,section #aii;,a ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by r$esignat+ subsections 7h7 & 7i7 z   
subsections 7i7 & 7j71 respectively1 &  
by ins]t+ aft] subsection 7g7 ! foll[+  
new subsection3  7h7 ,increas$ d$uction 
= c]ta9 individuals  7#a7 ,9 g5]al ,9 ! 
case ( a taxpay] ^: taxable income does 
n exce$ #ajj1jjj1 subsections 7a77#b7 & 
7b7 %all be appli$ by sub/itut+ #be     
p]c5t = #bj p]c5t ea* place x appe>s4   

7#b7 ,inflation adju/m5t ,9 ! case ( any
 taxable ye> beg9n+ aft] #bjbb1 ! doll> 
am\nt 9 p>agraph 7#a7 %all be increas$  
by an am\nt equal to--  7,a7 su* doll>  
am\nt1 multipli$ by  7,b7 ! co/-(-liv+  
adju/m5t det]m9$ "u section #a7;f77#c7 =
 ! cal5d> ye> 9 :i* ! taxable ye> beg9s1
 det]m9$ by sub/itut+ cal5d> ye> #bjba =
 cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7
 !re(4  ,if any increase det]m9$ "u ?is 
p>agraph is n a multiple ( #a1jjj1 su*  
increase %all be r\nd$ to ! ne>e/       
multiple ( #a1jjj4  4  7b7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft] !
 date ( ! enactm5t ( ?is ,act4