,,ii  #aaith ,,congress  #ast ,session  
,s4 #afhh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #h1 #bjbe 
,mr4 ,barrasso 7for himself1 ,mrs4      
,capito1 ,mrs4 ,blackburn1 ,mr4         
,lankford1 ,mr4 ,daines1 ,mr4 ,young1   
,mrs4 ,britt1 ,mr4 ,ricketts1 ,mr4      
,tuberville1 ,mr4 ,sheehy1 ,mr4 ,hoeven1
 and ,mr4 ,cruz7 introduced the         
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to permanently  
extend the allowance for depreciation1  
amortization1 or depletion for purposes 
of determining the income limitation on 
the deduction for business interest1 and
 for other purposes4  #a4  ,short title 
,this ,act may be cited as the ,growing 
,america's ,small ,businesses and       
,manufacturing ,act4  #b4  ,permanent   
extension of allowance for depreciation1
 amortization1 or depletion in          
determining the limitation on business  
interest  7a7  ,in general  ,section    

#afc7;j77#h77;,a77v7 of the ,internal   
,revenue ,code of #aihf is amended by   
striking in the case of taxable years   
beginning before ,january #a1 #bjbb14   
7b7  ,effective date  ,the amendment    
made by this section shall apply to     
taxable years beginning after ,december 
#ca1 #bjbd4  #c4  ,increase in          
limitations on expensing of depreciable 
business assets  7a7  ,in general       
,section #agi7;b7 of the ,internal      
,revenue ,code of #aihf is amended--    
7#a7 by striking #a1jjj1jjj in paragraph
 7#a7 and inserting #b1ejj1jjj1 and     
7#b7 by striking #b1ejj1jjj in paragraph
 7#b7 and inserting #d1jjj1jjj4  7b7    
,inflation adjustment  ,section         
#agi7;b77#f77;,a7 of such ,code is      
amended-- 7#a7 by striking #bjah and    
inserting #bjbe 7#bjah in the case of   
the dollar amount in paragraph          
7#e77;,a771 and  7#b7 by striking       
calendar year #bjag in clause 7ii7      
thereof and inserting calendar year     
#bjbd 7calendar year #bjag in the case  

of the dollar amount in paragraph       
7#e77;,a774  7c7  ,effective date  ,the 
amendments made by this section shall   
apply to property placed in service in  
taxable years beginning after ,december 
#ca1 #bjbd4