S.Amdt. 2591

SA 2591. Mr. SCOTT of Florida submitted an amendment intended to be
proposed to amendment SA 2499 proposed by Mr. McConnell to the bill S.
178, to condemn gross human rights violations of ethnic Turkic Muslims
in Xinjiang, and calling for an end to arbitrary detention, torture,
and harassment of these communities inside and outside China; which was
ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. EXPANSION AND EXTENSION OF BONUS DEPRECIATION.

(a) In General.--Section 168(k) of the Internal Revenue
Code of 1986 is amended--
(1) in paragraph (2)--
(A) in subparagraph (A)--

[[Page S4960]]

(i) in clause (i)(I), by striking ``20 years'' and
inserting ``40 years'', and
(ii) in clause (iii), by striking ``January 1, 2027'' and
inserting ``January 1, 2029'',
(B) in subparagraph (B)--
(i) in clause (i)--

(I) in subclause (II), by striking ``January 1, 2028'' and
inserting ``January 1, 2030'', and
(II) in subclause (III), by striking ``January 1, 2027''
and inserting ``January 1, 2029'', and

(ii) in clause (ii)--

(I) in the heading, by striking ``2027'' and inserting
``2029'', and
(II) by striking ``January 1, 2027'' and inserting
``January 1, 2029'', and

(C) in subparagraph (E)(i), by striking ``January 1, 2027''
and inserting ``January 1, 2029'',
(2) in paragraph (5)(A), by striking ``January 1, 2027''
and inserting ``January 1, 2029'', and
(3) in paragraph (6)--
(A) in subparagraph (A)--
(i) in clause (i), by striking ``January 1, 2023'' and
inserting ``January 1, 2025'',
(ii) in clause (ii), by striking ``after December 31, 2022,
and before January 1, 2024'' and inserting ``after December
31, 2024, and before January 1, 2026'',
(iii) in clause (iii), by striking ``after December 31,
2023, and before January 1, 2025'' and inserting ``after
December 31, 2025, and before January 1, 2027'',
(iv) in clause (iv), by striking ``after December 31, 2024,
and before January 1, 2026'' and inserting ``after December
31, 2026, and before January 1, 2028'', and
(v) in clause (v), by striking ``after December 31, 2025,
and before January 1, 2027'' and inserting ``after December
31, 2027, and before January 1, 2029'',
(B) in subparagraph (B)--
(i) in clause (i), by striking ``January 1, 2024'' and
inserting ``January 1, 2026'',
(ii) in clause (ii), by striking ``after December 31, 2023,
and before January 1, 2025'' and inserting ``after December
31, 2025, and before January 1, 2027'',
(iii) in clause (iii), by striking ``after December 31,
2024, and before January 1, 2026'' and inserting ``after
December 31, 2026, and before January 1, 2028'',
(iv) in clause (iv), by striking ``after December 31, 2025,
and before January 1, 2027'' and inserting ``after December
31, 2027, and before January 1, 2029'', and
(v) in clause (v), by striking ``after December 31, 2026,
and before January 1, 2028'' and inserting ``after December
31, 2028, and before January 1, 2030'', and
(C) in subparagraph (C)--
(i) in clause (i), by striking ``January 1, 2023'' and
inserting ``January 1, 2025'',
(ii) in clause (ii), by striking ``after December 31, 2022,
and before January 1, 2024'' and inserting ``after December
31, 2024, and before January 1, 2026'',
(iii) in clause (iii), by striking ``after December 31,
2023, and before January 1, 2025'' and inserting ``after
December 31, 2025, and before January 1, 2027'',
(iv) in clause (iv), by striking ``after December 31, 2024,
and before January 1, 2026'' and inserting ``after December
31, 2026, and before January 1, 2028'', and
(v) in clause (v), by striking ``after December 31, 2025,
and before January 1, 2027'' and inserting ``after December
31, 2027, and before January 1, 2029''.
(b) Effective Date.--The amendments made by this section
shall apply to property placed in service after the date of
enactment of this Act.
______