S.Amdt. 3783Senate114th Congress (2015-2017)2nd degree
S.Amdt. 3783
Sponsored by
Sen. Sherrod Brown (D-OH)
Submitted April 13, 2016
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Senate amendment submitted
April 13, 2016
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Senate amendment submitted
April 13, 2016
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Senate amendment submitted
April 13, 2016
Text
Submitted
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''. ______