Actions

No actions available.

Full Text of this Amendment

SA 4391. Mr. WICKER (for himself and Mr. COCHRAN) submitted an amendment intended to be proposed by him to the bill H.R. 3221, moving the United States toward greater energy independence and security, developing innovative new technologies, reducing carbon emissions, creating green jobs, protecting consumers, increasing clean renewable energy production, and modernizing our energy infrastructure, and to amend the Internal Revenue Code of 1986 to provide tax incentives for the production
of renewable energy and energy conservation; which was ordered to lie on the table; as follows:

At the end add the following:
TITLE--GO ZONE PROPERTY


SEC. X01. WAIVER OF DEADLINE ON CONSTRUCTION OF GO ZONE PROPERTY ELIGIBLE FOR BONUS DEPRECIATION.
(a) In General.--Subparagraph (B) of section 1400N(d)(3) of the Internal Revenue Code of 1986 is amended to read as follows:
``(B) without regard to `and before January 1, 2009' in clause (i) thereof,''.
(b) Effective Date.--The amendment made by this section shall apply to property placed in service after December 31, 2007.


(As printed in the Congressional Record for the Senate on Apr 3, 2008.)