,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #hejd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bb1 #bjbd,ms4   
,malliotakis 7= h]self1 ,mr4 ,pascrell1 
,mr4 ,moylan1 ,mr4 ,bilirakis1 ,mr4     
,lawl]1 ,ms4 ,velzquez1 & ,mr4 ,kelly ( 
,p5nsylvania7 introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to e/abli% !      
critical supply *a9s re%or+ inve/m5t tax
 cr$it4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,supply ,*a9 ,security &    
,gr[? ,act ( #bjbd4  #b4 ,critical      
supply *a9s re%or+ inve/m5t cr$it  7a7  
,9 g5]al ,subp>t ,e ( "p ,,iv ( sub*apt]
 ,a ( ! ,int]nal ,rev5ue ,code ( #aihf  
is am5d$ by ins]t+ aft] section #dh;,e !
 foll[+ new section3  #dh;,f4 ,critical 
supply *a9s re%or+ inve/m5t cr$it  7a7  
,9 g5]al ,= purposes ( section #df1 9 ! 
case ( a qualify+ taxpay]1 ! critical   
supply *a9s re%or+ inve/m5t cr$it is an 
am\nt equal to #dj p]c5t ( ! qualifi$   
inve/m5t ) respect to any critical      

supply *a9 facility plac$ 9 s]vice dur+ 
su* taxable ye>4  7b7 ,qualifi$ inve/m5t
 ,= purposes ( subsection 7a71 !        
qualifi$ inve/m5t ) respect to any      
critical supply *a9 facility = any      
taxable ye> is an am\nt equal to ! basis
 ( any qualifi$ prop]ty plac$ 9 s]vice  
by ! taxpay] dur+ su* taxable ye> :i* is
 "p ( a su* facility4  7c7 ,qualify+    
prop]ty ,= purposes ( ?is section1 ! t]m
 qualify+ prop]ty means prop]ty-- 7#a7 t
 is integral to ! op]ation ( a critical 
supply *a9 facility1  7#b7 t is tangible
 prop]ty1  7#c7 ) respect to :i*        
depreciation 7or amortization 9 lieu (  
depreciation7 is all[able1 &  7#d7 :i*  
is-- 7,a7 con/ruct$1 recon/ruct$1 or    
erect$ by ! taxpay]1 or  7,b7 acquir$ by
 ! taxpay] if ! orig9al use ( su*       
prop]ty comm5ces ) ! taxpay]4  7d7      
,critical supply *a9 facility  7#a7 ,9  
g5]al ,= purposes ( ?is section1 ! t]m  
critical supply *a9 facility means a    
facility-- 7,a7 ! prim>y purpose ( :i*  
is ! manufactur+ (-- 7i7 ,an active     

ph>maceutical +r$i5t 7z def9$ 9 section 
#bjag4a ( title #ba1 ,code ( ,f$]al     
,regulations 7or any successor          
regulations771  7ii7 ,a drug 7z def9$ 9 
section #bja7;g7 ( ! ,f$]al ,food1      
,drug1 & ,cosmetic ,act71  7iii7 ,a     
biological product 7z def9$ 9 section   
#cea7;i77#a7 ( ! ,public ,heal? ,s]vice 
,act71  7iv7 ,a m$ical c\nt]measure 7z  
def9$ 9 section #cai;,f-#c7;i77#a7 ( !  
,public ,heal? ,s]vice ,act71  7v7 ,a   
m$ical diagno/ic device 7z def9$ 9      
section #bja7;h7 ( ! ,f$]al ,food1      
,drug1 & ,cosmetic ,act7 int5d$ = use 9 
! diagnosis ( disease or o!r conditions1
  7vi7 ,semiconductors or semiconductor 
manufactur+ equipm5t1  7vii7 ,a]ospace  
equipm5t z def9$ "u ,nor? ,am]ican      
,indu/ry ,classification ,code #ccfd1   
7viii7 ,artificial nanomat]ials1 &  7,b7
 locat$ 9 a specifi$ possession )9 !    
mean+ ( section #icg7;c7 or ,pu]to      
,rico4  7e7 ,recon/ruct$ prop]ty        
,prop]ty %all be treat$ z recon/ruct$ = 
purposes ( subsection 7c77#d77;,a7 if   

improvem5ts to su* prop]ty satisfy !    
sub/antial improvem5t te/ ( section     
#adjj,z-#b7;d77#b77;,d77ii74  4  7b7    
,coord9ation betwe5 critical supply *a9s
 re%or+ cr$it & electricity production  
cr$it ,section #de7;e7 ( su* ,code is   
am5d$ by add+ at ! end ! foll[+ new     
subsection3  7e7 ,coord9ation ) critical
 supply *a9s re%or+ inve/m5t cr$it ,!   
t]m qualifi$ facility %all n include any
 facility if a cr$it is all[$ "u section
 #dh;,f ) respect to su* facility = !   
taxable ye> or any prior taxable ye>4  4
  7c7 ,con=m+ am5dm5ts  7#a7 ,section   
#fdag7;b7 ( su* ,code is am5d$ by add+  
at ! end ! foll[+3  7#ac7 ,! critical   
supply *a9s re%or+ inve/m5t cr$it       
det]m9$ "u section #dh;,f4  4  7#b7     
,section #fdah7;f77#a77;,a7 ( su* ,code 
is am5d$ by add+ at ! end ! foll[+3     
7xii7 ,! critical supply *a9s re%or+    
inve/m5t cr$it det]m9$ "u section       
#dh;,f4  4  7#c7 ,section #df ( su*     
,code is am5d$ by /rik+ & at ! end (    
p>agraph 7#f71 by /rik+ ! p]iod at ! end

 ( p>agraph 7#g7 & ins]t+ 1 &1 & by add+
 at ! end ! foll[+ new p>agraph3  7#h7 !
 critical supply *a9s re%or+ inve/m5t   
cr$it4  4  7d7 ,effective date ,!       
am5dm5ts made by ?is section %all apply 
to prop]ty plac$ 9 s]vice aft] ,decemb] 
#ca1 #bjbd4