tence shall be furnished to such person on or before Janu-
ary 31 of the year following the calendar year for which 
the return under subsection (a) was made.’’. 
(c) CONFORMING AMENDMENTS.—
(1) Section 6724(d)(1)(B) is amended by strik-
ing ‘‘or’’ at the end of clause (xvii), by striking 
‘‘and’’ at the end of clause (xviii) and inserting ‘‘or’’, 
and by adding at the end the following new clause: 
‘‘(xix) section 6039(a) (relating to re-
turns required with respect to certain op-
tions), and’’. 
(2) Section 6724(d)(2)(B) is amended by strik-
ing ‘‘section 6039(a)’’ and inserting ‘‘section 
6039(b)’’. 
(3) The heading of section 6039 and the item 
relating to such section in the table of sections of 
subpart A of part III of subchapter A of chapter 61 
of such Code are each amended by striking ‘‘Infor-
mation’’ and inserting ‘‘Returns’’. 
(4) The heading of subsection (a) of section 
6039 is amended by striking ‘‘FURNISHING OF IN-
FORMATION’’ and inserting ‘‘REQUIREMENT OF RE-
PORTING’’.
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to calendar years beginning after 
the date of the enactment of this Act. 
SEC. 234. PARTIAL EXPENSING FOR ADVANCED MINE SAFE-
TY EQUIPMENT. 
(a) IN GENERAL.—Part VI of subchapter B of chap-
ter 1 is amended by inserting after section 179D the fol-
lowing new section: 
‘‘SEC. 179E. ELECTION TO EXPENSE ADVANCED MINE SAFE-
TY EQUIPMENT. 
‘‘(a) TREATMENT AS EXPENSES.—A taxpayer may 
elect to treat 50 percent of the cost of any qualified ad-
vanced mine safety equipment property as an expense 
which is not chargeable to capital account. Any cost so 
treated shall be allowed as a deduction for the taxable year 
in which the qualified advanced mine safety equipment 
property is placed in service. 
‘‘(b) ELECTION.—
‘‘(1) IN GENERAL.—An election under this sec-
tion for any taxable year shall be made on the tax-
payer’s return of the tax imposed by this chapter for 
the taxable year. Such election shall specify the ad-
vanced mine safety equipment property to which the 
election applies and shall be made in such manner 
as the Secretary may by regulations prescribe.
‘‘(2) ELECTION
IRREVOCABLE.—Any election 
made under this section may not be revoked except 
with the consent of the Secretary. 
‘‘(c) QUALIFIED ADVANCED MINE SAFETY EQUIP-
MENT PROPERTY.—For purposes of this section, the term 
‘qualified advanced mine safety equipment property’ 
means any advanced mine safety equipment property for 
use in any underground mine located in the United 
States—
‘‘(1) the original use of which commences with 
the taxpayer, and 
‘‘(2) which is placed in service by the taxpayer 
after the date of the enactment of this section. 
‘‘(d) ADVANCED MINE SAFETY EQUIPMENT PROP-
ERTY.—For purposes of this section, the term ‘advanced 
mine safety equipment property’ means any of the fol-
lowing: 
‘‘(1) Emergency communication technology or 
device which is used to allow a miner to maintain 
constant communication with an individual who is 
not in the mine. 
‘‘(2) Electronic identification and location de-
vice which allows an individual who is not in the 
mine to track at all times the movements and loca-
tion of miners working in or at the mine.
‘‘(3) Emergency oxygen-generating, self-rescue 
device which provides oxygen for at least 90 min-
utes. 
‘‘(4) Pre-positioned supplies of oxygen which (in 
combination with self-rescue devices) can be used to 
provide each miner on a shift, in the event of an ac-
cident or other event which traps the miner in the 
mine or otherwise necessitates the use of such a self-
rescue device, the ability to survive for at least 48 
hours. 
‘‘(5) Comprehensive atmospheric monitoring 
system which monitors the levels of carbon mon-
oxide, methane, and oxygen that are present in all 
areas of the mine and which can detect smoke in the 
case of a fire in a mine. 
‘‘(e) COORDINATION WITH SECTION 179.—No ex-
penditures shall be taken into account under subsection 
(a) with respect to the portion of the cost of any property 
specified in an election under section 179. 
‘‘(f) REPORTING.—No deduction shall be allowed 
under subsection (a) to any taxpayer for any taxable year 
unless such taxpayer files with the Secretary a report con-
taining such information with respect to the operation of 
the mines of the taxpayer as the Secretary shall require.