S.Amdt. 3597

SA 3597. Mr. TOOMEY submitted an amendment intended to be proposed to
amendment SA 3399 proposed by Mr. Shelby to the bill H.R. 6147, making
appropriations for the Department of the Interior, environment, and
related agencies for the fiscal year ending September 30, 2019, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. APPLICABLE RECOVERY PERIOD FOR QUALIFIED
IMPROVEMENT PROPERTY.

(a) In General.--None of the funds made available by this
Act may be used by the Internal Revenue Service to conduct
any enforcement activity related to the treatment of the
applicable recovery period of qualified improvement property
as a period of other than 15 years (20 years in the case of
property required to use the alternative depreciation system
under section 168(g) of the Internal Revenue Code of 1986),
consistent with the Joint Explanatory Statement of the
Committee of the Conference (House Report 115-466)
accompanying H.R. 1 of the 115th Congress (Public Law 115-
97).
(b) Definitions.--Any term used in this section which is
also used in section 168 of the Internal Revenue Code of 1986
shall have the meaning given such term under such section.
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