On the recordJuly 11, 2014
I am opposed to it in its current form. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Neal moves to recommit the bill H.R. 4718 to the Committee on Ways and Means with instructions to report the same back to the House forthwith with the following amendments: Page 3, line 22, strike ``or''. Page 3, line 24, strike ``and'' and insert ``or''. Page 3, after line 24, insert the following: ``(VI) which is qualified restaurant property, and''. Page 4, line 2, strike the period and insert ``, and''. Page 4, after line 2, insert the following: ``(iii) which is placed in service by the taxpayer before January 1, 2016.''. Page 13, line 20, strike the quotation marks and final period. Page 13, after line 20, insert the following (and redesignate the succeeding provisions accordingly): ``(F) Termination.--This paragraph shall not apply to any tree or vine planted or grafted after December 31, 2015.''. (d) Special Rule for Inverted Domestic Corporations.-- Section 168(k) of such Code, as amended by this Act, is amended by adding at the end the following new paragraph: ``(6) Special rule for inverted domestic corporations.-- ``(A) In general.--In the case of a taxpayer which is, or is a member of an expanded affiliated group which includes, an inverted domestic corporation, paragraphs (1), (4), and (5) shall not apply.…





