TREATMENT OF CERTAIN TREES.

SEC. 6029. TREATMENT OF CERTAIN TREES. (a) In General.—Subparagraph (D) of section 168(e)(3) of the 1986 Code (relating to classification of certain property), as amended by section 6027 of this Act, is amended to read as follows: “(D) 10-year property.—The term ‘10-year property’ includes— “(i) any single purpose agricultural or horticultural structure (within the meaning of section 48(p)), and “(ii) any tree or vine bearing fruit or nuts.” (b) Only Straight-Line Depreciation Allowed.—Paragraph (3) of section 168(b) of the 1986 Code is amended by adding at the end thereof the following new subparagraph: “(D) Property described in subsection (e)(3)(D)(ii).” (c) Class Life Determination.—The table contained in subparagraph (B) of section 168(g)(3) of the 1986 Code, as amended by section 6027 of this Act, is amended by striking out the item relating to subparagraph (D) and inserting in lieu thereof the following new item: “(D)(i) 15 “(D)(ii) 20”. (d) Effective Date.—The amendments made by this section shall apply to property placed in service after December 31, 1988.