[Congressional Bills 110th Congress] [From the U.S. Government Publishing Office] [H.R. 763 Introduced in House (IH)] 110th CONGRESS 1st Session H. R. 763 To amend the Internal Revenue Code of 1986 to make permanent the deduction allowable with respect to income attributable to domestic production activities in Puerto Rico. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 31, 2007 Mr. Fortuno 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 make permanent the deduction allowable with respect to income attributable to domestic production activities in Puerto Rico. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. DEDUCTION ALLOWABLE WITH RESPECT TO INCOME ATTRIBUTABLE TO DOMESTIC PRODUCTION ACTIVITIES IN PUERTO RICO MADE PERMANENT. Paragraph (8) of section 199(d) of the Internal Revenue Code of 1986 (relating to treatment of activities in Puerto Rico) is amended by striking subparagraph (C). <all>