S.Amdt. 1631

SA 1631. Mr. ROBERTS (for himself, Mr. Thune, and Mr. Grassley)
submitted an amendment intended to be proposed by him to the bill H.R.
1, to provide for reconciliation pursuant to titles II and V of the
concurrent resolution on the budget for fiscal year 2018; which was
ordered to lie on the table; as follows:

On page __, strike lines ___ through __, and insert the
following:
``(C) Electing farming business.--For purposes of this
paragraph, the term `electing farming business' means--
``(i) a farming business (as defined in section 263A(e)(4))
which makes an election under this subparagraph, or
``(ii) any trade or business of a specified agricultural or
horticultural cooperative (as defined in section 199A(g)(2))
with respect to which the cooperative makes an election under
this subparagraph.
Any such election shall be made at such time and in such
manner as the Secretary shall prescribe, and, once made,
shall be irrevocable.''.
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