[Congressional Record Volume 166, Number 42 (Tuesday, March 3, 2020)]
[Senate]
[Page S1425]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1450. Mr. TOOMEY (for himself and Mr. Jones) submitted an
amendment intended to be proposed to amendment SA 1407 submitted by Ms.
Murkowski and intended to be proposed to the bill S. 2657, to support
innovation in advanced geothermal research and development, and for
other purposes; which was ordered to lie on the table; as follows:
At the end, add the following:
TITLE IV--AMENDMENTS TO THE INTERNAL REVENUE CODE OF 1986
SEC. 4001. TECHNICAL AMENDMENTS REGARDING QUALIFIED
IMPROVEMENT PROPERTY.
(a) In General.--Section 168 of the Internal Revenue Code
of 1986 is amended--
(1) in subsection (e)--
(A) in paragraph (3)(E), by striking ``and'' at the end of
clause (v), by striking the period at the end of clause (vi)
and inserting ``, and'', and by adding at the end the
following new clause:
``(vii) any qualified improvement property.'', and
(B) in paragraph (6)(A), by inserting ``made by the
taxpayer'' after ``any improvement'', and
(2) in the table contained in subsection (g)(3)(B)--
(A) by striking the item relating to subparagraph (D)(v),
and
(B) by inserting after the item relating to subparagraph
(E)(vi) the following new item:
``(E)(vii)......................................................20''.
(b) Effective Date.--The amendments made by this section
shall take effect as if included in section 13204 of Public
Law 115-97.
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