[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 597 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 597

 To amend the Internal Revenue Code of 1986 to permanently extend the 
 Indian employment credit and the depreciation rules for property used 
              predominantly within an Indian reservation.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 2005

Mr. Sullivan (for himself and Mr. Boren) introduced the following bill; 
         which was referred to the Committee on Ways and Means

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to permanently extend the 
 Indian employment credit and the depreciation rules for property used 
              predominantly within an Indian reservation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PERMANENT EXTENSION OF INDIAN EMPLOYMENT CREDIT AND 
              DEPRECIATION RULES FOR PROPERTY ON INDIAN RESERVATIONS.

    (a) Employment Credit.--Section 45A of the Internal Revenue Code of 
1986 (relating to Indian employment credit) is amended by striking 
subsection (f).
    (b) Depreciation Rules.--Subsection (j) of section 168 of such Code 
(relating to property on Indian reservations) is amended by striking 
paragraph (8).
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