[Congressional Record Volume 166, Number 139 (Wednesday, August 5, 2020)]
[Senate]
[Pages S4959-S4960]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2591. Mr. SCOTT of Florida submitted an amendment intended to be 
proposed to amendment SA 2499 proposed by Mr. McConnell to the bill S. 
178, to condemn gross human rights violations of ethnic Turkic Muslims 
in Xinjiang, and calling for an end to arbitrary detention, torture, 
and harassment of these communities inside and outside China; which was 
ordered to lie on the table; as follows:

        At the appropriate place, insert the following:

     SEC. ___. EXPANSION AND EXTENSION OF BONUS DEPRECIATION.

       (a) In General.--Section 168(k) of the Internal Revenue 
     Code of 1986 is amended--
       (1) in paragraph (2)--
       (A) in subparagraph (A)--

[[Page S4960]]

       (i) in clause (i)(I), by striking ``20 years'' and 
     inserting ``40 years'', and
       (ii) in clause (iii), by striking ``January 1, 2027'' and 
     inserting ``January 1, 2029'',
       (B) in subparagraph (B)--
       (i) in clause (i)--

       (I) in subclause (II), by striking ``January 1, 2028'' and 
     inserting ``January 1, 2030'', and
       (II) in subclause (III), by striking ``January 1, 2027'' 
     and inserting ``January 1, 2029'', and

       (ii) in clause (ii)--

       (I) in the heading, by striking ``2027'' and inserting 
     ``2029'', and
       (II) by striking ``January 1, 2027'' and inserting 
     ``January 1, 2029'', and

       (C) in subparagraph (E)(i), by striking ``January 1, 2027'' 
     and inserting ``January 1, 2029'',
       (2) in paragraph (5)(A), by striking ``January 1, 2027'' 
     and inserting ``January 1, 2029'', and
       (3) in paragraph (6)--
       (A) in subparagraph (A)--
       (i) in clause (i), by striking ``January 1, 2023'' and 
     inserting ``January 1, 2025'',
       (ii) in clause (ii), by striking ``after December 31, 2022, 
     and before January 1, 2024'' and inserting ``after December 
     31, 2024, and before January 1, 2026'',
       (iii) in clause (iii), by striking ``after December 31, 
     2023, and before January 1, 2025'' and inserting ``after 
     December 31, 2025, and before January 1, 2027'',
       (iv) in clause (iv), by striking ``after December 31, 2024, 
     and before January 1, 2026'' and inserting ``after December 
     31, 2026, and before January 1, 2028'', and
       (v) in clause (v), by striking ``after December 31, 2025, 
     and before January 1, 2027'' and inserting ``after December 
     31, 2027, and before January 1, 2029'',
       (B) in subparagraph (B)--
       (i) in clause (i), by striking ``January 1, 2024'' and 
     inserting ``January 1, 2026'',
       (ii) in clause (ii), by striking ``after December 31, 2023, 
     and before January 1, 2025'' and inserting ``after December 
     31, 2025, and before January 1, 2027'',
       (iii) in clause (iii), by striking ``after December 31, 
     2024, and before January 1, 2026'' and inserting ``after 
     December 31, 2026, and before January 1, 2028'',
       (iv) in clause (iv), by striking ``after December 31, 2025, 
     and before January 1, 2027'' and inserting ``after December 
     31, 2027, and before January 1, 2029'', and
       (v) in clause (v), by striking ``after December 31, 2026, 
     and before January 1, 2028'' and inserting ``after December 
     31, 2028, and before January 1, 2030'', and
       (C) in subparagraph (C)--
       (i) in clause (i), by striking ``January 1, 2023'' and 
     inserting ``January 1, 2025'',
       (ii) in clause (ii), by striking ``after December 31, 2022, 
     and before January 1, 2024'' and inserting ``after December 
     31, 2024, and before January 1, 2026'',
       (iii) in clause (iii), by striking ``after December 31, 
     2023, and before January 1, 2025'' and inserting ``after 
     December 31, 2025, and before January 1, 2027'',
       (iv) in clause (iv), by striking ``after December 31, 2024, 
     and before January 1, 2026'' and inserting ``after December 
     31, 2026, and before January 1, 2028'', and
       (v) in clause (v), by striking ``after December 31, 2025, 
     and before January 1, 2027'' and inserting ``after December 
     31, 2027, and before January 1, 2029''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to property placed in service after the date of 
     enactment of this Act.
                                 ______