[Congressional Record Volume 162, Number 55 (Tuesday, April 12, 2016)]
[Senate]
[Page S1930]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3663. Ms. MURKOWSKI (for herself and Mr. Sullivan) 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. ____. MODIFICATION OF EXCISE TAX EXEMPTION FOR SMALL 
                   AIRCRAFT ON ESTABLISHED LINES.

       (a) In General.--Section 4281 of the Internal Revenue Code 
     of 1986 is amended--
       (1) in subsection (a), by striking ``6,000 pounds or less'' 
     and inserting ``12,500 pounds or less'', and
       (2) by striking subsection (c) and inserting the following:
       ``(c) Established Line.--For purposes of this section, an 
     aircraft shall not be considered as operated on an 
     established line if operated under an authorization to 
     conduct on-demand operations in common carriage pursuant to 
     section 119.21(a)(5) of title 14, Code of Federal 
     Regulations, as in effect on the date of the enactment of the 
     Federal Aviation Administration Reauthorization Act of 
     2016.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to taxable transportation provided after the date 
     of the enactment of this Act.
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