S.Amdt. 1760

SA 1760. Mr. CASSIDY 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 223, strike lines 11 through 20, and insert the
following:
(B) with respect to which the 24-month period selected by
the taxpayer under clause (i) of section 47(c)(1)(B) of the
Internal Revenue Code (as amended by subsection (b)), or the
60-month period applicable under clause (ii) of such section,
begins not later than 180 days after the date of the
enactment of this Act,

the amendments made by this section shall apply to such
expenditures paid or incurred after the end of the taxable
year in which the 24-month period, or the 60-month period,
referred to in subparagraph (B) ends.
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