EXTENSION OF DEDUCTION ALLOWABLE WITH RESPECT TO INCOME ATTRIBUTABLE TO DOMESTIC PRODUCTION ACTIVITIES IN PUERTO RICO.

SEC. 170. EXTENSION OF DEDUCTION ALLOWABLE WITH RESPECT TO INCOME ATTRIBUTABLE TO DOMESTIC PRODUCTION ACTIVITIES IN PUERTO RICO. (a) [26 U.S.C. 199] In general.—Section 199(d)(8)(C) is amended— (1) by striking “first 9 taxable years” and inserting “first 11 taxable years”, and (2) by striking “January 1, 2015” and inserting “January 1, 2017”. (b) [26 U.S.C. 199 note] Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2014.