[Congressional Record Volume 162, Number 55 (Tuesday, April 12, 2016)]
[Senate]
[Page S1919]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3648. Mr. CARDIN (for himself and Mr. Portman) submitted an 
amendment intended to be proposed to amendment SA 3464 submitted by Mr. 
Thune (for himself and Mr. Nelson) to the bill H.R. 636, to amend the 
Internal Revenue Code of 1986 to permanently extend increased expensing 
limitations, and for other purposes; which was ordered to lie on the 
table; as follows:

       At the appropriate place, insert the following:

     SEC. ____. ALLOCATIONS OF CREDITS TO INDIAN TRIBAL 
                   GOVERNMENTS AND NONPROFIT ORGANIZATIONS.

       (a) Allocations to Indian Tribal Governments.--Paragraph 
     (4) of section 179D(d) of the Internal Revenue Code of 1986 
     is amended by striking ``or local'' and inserting ``local, or 
     Indian tribal''.
       (b) Allocations to Certain Nonprofit Organizations.--
       (1) In general.--Paragraph (4) of section 179D(d) of the 
     Internal Revenue Code of 1986, as amended by subsection (a), 
     is amended by inserting ``, or by an organization that is 
     described in section 501(c)(3) and exempt from tax under 
     section 501(a)'' after ``political subdivision thereof''.
       (2) Clerical amendment.--The heading of paragraph (4) of 
     section 179D(d) of such Code is amended by inserting ``and 
     property held by certain non-profits'' after ``public 
     property''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to property placed in service after December 31, 
     2015.
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