S.Amdt. 3370

SA 3370. Mr. ROCKEFELLER (for himself and Mr. Ensign) submitted an
amendment intended to be proposed to amendment SA 3336 proposed by Mr.
Baucus to the bill H.R. 4213, to amend the Internal Revenue Code of
1986 to extend certain expiring provisions, and for other purposes;
which was ordered to lie on the table; as follows:

At the end of subtitle C of title I, insert the following:

SEC. ___. MODIFICATIONS TO MINE RESCUE TEAM TRAINING CREDIT
AND ELECTION TO EXPENSE ADVANCED MINE SAFETY
EQUIPMENT.

(a) Mine Rescue Team Training Credit Allowable Against
AMT.--Subparagraph (B) of section 38(c)(4) is amended--
(1) by redesignating clauses (vi), (vii), and (viii) as
clauses (vii), (viii), and (ix), respectively, and
(2) by inserting after clause (v) the following new clause:
``(vi) the credit determined under section 45N,''.
(b) Election to Expense Advanced Mine Safety Equipment
Allowable Against AMT.--Subparagraph (C) of section 56(g)(4)
is amended by adding at the end the following new clause:
``(vii) Special rule for election to expense advanced mine
safety equipment.--Clause (i) shall not apply to amounts
deductible under section 179E.''.
(c) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2009.
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