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HR 474 IH
111th CONGRESS
1st Session
H. R. 474
To amend the Internal Revenue Code of 1986 to permanently extend the Indian employment credit and the depreciation rules for property used predominantly within an Indian reservation.
IN THE HOUSE OF REPRESENTATIVES
January 13, 2009
Mr. BOREN (for himself and Mr. SULLIVAN) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to permanently extend the Indian employment credit and the depreciation rules for property used predominantly within an Indian reservation.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. PERMANENT EXTENSION OF INDIAN EMPLOYMENT CREDIT AND DEPRECIATION RULES FOR PROPERTY ON INDIAN RESERVATIONS.
(a) Employment Credit- Section 45A of the Internal Revenue Code of 1986 (relating to Indian employment credit) is amended by striking subsection (f).
(b) Depreciation Rules- Subsection (j) of section 168 of such Code (relating to property on Indian reservations) is amended by striking paragraph (8).