II 111th CONGRESS 1st Session S. 144 IN THE SENATE OF THE UNITED STATES January 6, 2009 Mr. Kerry (for himself and Mr. Ensign) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to remove cell phones from listed property under section 280F.

1.

Short title

This Act may be cited as the Modernize Our Bookkeeping In the Law for Employee’s Cell Phone Act of 2009.

2.

Removal of cellular telephones (or similar telecommunications equipment) from listed property

(a)

In general

Subparagraph (A) of section 280F(d)(4) of the Internal Revenue Code (defining listed property) is amended by inserting and at the end of clause (iv), by striking clause (v), and by redesignating clause (vi) as clause (v). (b)

Effective date

The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2008.