,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ffb  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #bc1 #bjbe,mr4
 ,c>ey 7= himself1 ,mr4 ,vic5te         
,gonzalez ( ,texas1 ,mr4 ,langwor?y1    
,mr4 ,rulli1 ,mr4 ,davidson1 ,mr4       
,cr5%aw1 ,mr4 ,z9ke1 ,mr4 ,bald]son1    
,mr4 ,veasey1 ,mr4 ,la,hood1 ,mr4 ,c>t] 
( ,texas1 ,mr4 ,meus]1 ,mr4 ,?ompson (  
,p5nsylvania1 ,mrs4 ,mill] ( ,ill9ois1  
,mr4 ,h]n ( ,oklahoma1 ,ms4 ,t5ney1     
,mrs4 ,mill] ( ,we/ ,virg9ia1 ,mr4      
,williams ( ,texas1 ,mr4 ,cuell>1 ,mr4  
,hunt1 ,mr4 ,mann1 ,mr4 ,mill] ( ,ohio1 
,mr4 ,cole1 ,mr4 ,web] ( ,texas1 ,mr4   
,ne:\se1 ,mr4 ,mc,dowell1 ,mr4 ,fallon1 
,ms4 ,van ,duyne1 ,mr4 ,murphy1 ,mr4    
,ellzey1 ,mr4 ,bab91 ,mr4 ,evans (      
,colorado1 ,mr4 ,goldman ( ,texas1 &    
,ms4 ,malliotakis7 introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to all[  
intangible drill+ & developm5t co/s to  
be tak5 into acc\nt :5 comput+ adju/$   

f9ancial /atem5t income4  #a4 ,%ort     
title ,?is ,act may be cit$ z ! ,promot+
 ,dome/ic ,en]gy ,production ,act4  #b4 
,intangible drill+ & developm5t co/s    
tak5 into acc\nt = purposes ( comput+   
adju/$ f9ancial /atem5t income  7a7 ,9  
g5]al ,section #ef;,a7c77#ac7 ( !       
,int]nal ,rev5ue ,code ( #aihf is       
am5d$--  7#a7 by /rik+ subp>agraph 7,a7 
& ins]t+ ! foll[+3  7,a7 r$uc$ by--  7i7
 depreciation d$uctions all[$ "u section
 #afg ) respect to prop]ty to :i*       
section #afh applies to ! ext5t ( !     
am\nt all[$ z d$uctions 9 comput+       
taxable income = ! ye>1 &  7ii7 any     
d$uction all[$ = exp5ses "u section     
#bfc7;c7 ) respect to prop]ty describ$  
!re9 to ! ext5t ( ! am\nt all[$ z       
d$uctions 9 comput+ taxable income = !  
ye>1 &  1 &  7#b7 by /rik+ subp>agraph  
7,b77i7 & ins]t+ ! foll[+3  7i7 to      
disreg>d any am\nt (--  7,i7            
depreciation exp5se t is tak5 into      
acc\nt on ! taxpay]'s applicable        
f9ancial /atem5t ) respect to su*       

prop]ty1 &  7,,ii7 depletion exp5se t is
 tak5 into acc\nt on ! taxpay]'s        
applicable f9ancial /atem5t ) respect to
 ! intangible drill+ & developm5t co/s (
 su* prop]ty1 &  4  7b7 ,effective date 
,! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjbe4