,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #hjbj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #i1 #bjbb ,ms4  
,sn*ez 7= h]self & ,mr4 ,f]guson7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to all[ a d$uction =      
inve/m5t advisory exp5ses ( c]ta9 fun]al
 & cemet]y tru/s dur+ susp5sion (       
miscellane\s itemiz$ d$uctions1 & = o!r 
purposes4  #a4 ,d$uction = inve/m5t     
advisory exp5ses ( c]ta9 fun]al &       
cemet]y tru/s all[$ dur+ susp5sion (    
miscellane\s itemiz$ d$uctions  7a7 ,9  
g5]al ,section #fg7;g7 ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$-- 7#a7 by
 /rik+ ,not)/&+ & ins]t+ ! foll[+3  7#a7
 ,9 g5]al ,not)/&+  1 &  7#b7 by add+ at
 ! end ! foll[+ new p>agraph3  7#b7     
,d$uction = inve/m5t advisory exp5ses ( 
c]ta9 fun]al & cemet]y tru/s all[$ dur+ 
susp5sion ,9 ! case ( any qualifi$      
fun]al tru/ 7z def9$ 9 section #fhe7;b77
 or cemet]y p]petual c>e fund 7describ$ 

9 section #fdb7;i7 & meet+ ! requirem5ts
 ( p>agraphs 7#a7 & 7#b7 !re(71         
subsection 7a7 & p>agraph 7#a7 ( ?is    
subsection %all n apply to any d$uction 
all[$ = inve/m5t advisory exp5ses = a   
taxable ye> beg9n+ aft] ,decemb] #ca1   
#bjba1 & be=e ,janu>y #a1 #bjbh4  4  7b7
 ,effective date ,! am5dm5ts made by ?is
 section %all apply to taxable ye>s     
beg9n+ aft] ,decemb] #ca1 #bjba4  #b4   
,special rule = di/ributions by cemet]y 
p]petual funds index$ to inflation  7a7 
,9 g5]al ,section #fdb7;i7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ to read z
 foll[s3  7i7 ,c]ta9 di/ributions by    
cemet]y p]petual c>e funds  7#a7 ,9     
g5]al ,9 ! case ( a cemet]y p]petual c>e
 fund :i*--  7,a7 0 creat$ pursuant to  
local law by a taxable cemet]y          
corporation = ! c>e & ma9t5ance (       
cemet]y prop]ty1 &  7,b7 is treat$ = !  
taxable ye> z a tru/ = purposes ( ?is   
sub*apt]1 any am\nt di/ribut$ by su*    
fund = ! c>e & ma9t5ance ( gravesites   
:i* h be5 pur*as$ f ! cemet]y           

corporation be=e ! beg9n+ ( ! taxable   
ye> ( ! tru/ & ) respect to :i* !re is  
an obligation to furni% c>e & ma9t5ance 
%all be consid]$ to be a di/ribution    
solely = purposes ( sections #fea &     
#ffa1 b only to ! ext5t t ! aggregate   
am\nt s di/ribut$ dur+ ! taxable ye>    
does n exce$ #be multipli$ by !         
aggregate numb] ( su* gravesites4  7#b7 
,inflation adju/m5t ,9 ! case ( any     
taxable ye> to :i* ?is subsection       
applies & :i* beg9s aft] #bjbb1 ! #be   
am\nt 9 p>agraph 7#a77;,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  4  7b7      
,effective date ,! am5dm5t made by ?is  
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjba4