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Full Text of this Amendment

SA 3370. Mr. ROCKEFELLER (for himself and Mr. ENSIGN) submitted an amendment intended to be proposed to amendment SA 3336 proposed by Mr. BAUCUS to the bill H.R. 4213, to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle C of title I, insert the following:
SEC. __X. MODIFICATIONS TO MINE RESCUE TEAM TRAINING CREDIT AND ELECTION TO EXPENSE ADVANCED MINE SAFETY EQUIPMENT.
(a) Mine Rescue Team Training Credit Allowable Against AMT.--Subparagraph (B) of section 38(c)(4) is amended--
(1) by redesignating clauses (vi), (vii), and (viii) as clauses (vii), (viii), and (ix), respectively, and
(2) by inserting after clause (v) the following new clause:
"(vi) the credit determined under section 45N,".
(b) Election to Expense Advanced Mine Safety Equipment Allowable Against AMT.--Subparagraph (C) of section 56(g)(4) is amended by adding at the end the following new clause:
"(vii) SPECIAL RULE FOR ELECTION TO EXPENSE ADVANCED MINE SAFETY EQUIPMENT.--Clause (i) shall not apply to amounts deductible under section 179E.".
(c) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2009.


(As printed in the Congressional Record for the Senate on Mar 3, 2010.)