[Congressional Record Volume 162, Number 56 (Wednesday, April 13, 2016)]
[Senate]
[Page S2056]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3783. Mr. BROWN submitted an amendment intended to be proposed to
amendment SA 3679 proposed by Mr. McConnell (for 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 REQUIREMENT UNDER CERTAIN FEDERAL
AVIATION ADMINISTRATION PROGRAMS TO BUY GOODS
PRODUCED IN UNITED STATES.
Subparagraph (A) of section 50101(d)(3) is amended to read
as follows:
``(A) the cost of components and subcomponents produced in
the United States--
``(i) for fiscal years 2017 and 2018, is more than 60
percent of the cost of all components of the facility or
equipment;
``(ii) for fiscal years 2019 and 2020, is more than 65
percent of the cost of all components of the facility or
equipment; and
``(iii) for fiscal year 2021 and each fiscal year
thereafter, is more than 70 percent of the cost of the
facility or equipment; and''.
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