S.Amdt. 5254

SA 5254. Mr. INHOFE submitted an amendment intended to be proposed to
amendment SA 5194 submitted by Mr. Schumer and intended to be proposed
to the bill H.R. 5376, to provide for reconciliation pursuant to title
II of S. Con. Res. 14; which was ordered to lie on the table; as
follows:

At the end of title I, add the following:

[[Page S4250]]

Subtitle _--Other Provisions

SEC. 1_001. PERMANENT EXTENSION OF DEPRECIATION RULES FOR
PROPERTY ON INDIAN RESERVATIONS.

(a) In General.--Subsection (j) of section 168 of the
Internal Revenue Code of 1986 is amended by striking
paragraph (9).
(b) Effective Date.--The amendment made by this section
shall apply to property placed in service after December 31,
2021.
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