Teacher:In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Teacher: Now, understand the problem? Solve this instance: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Made in America Deduction
Enhancement (MADE) Act''.

SEC. 2. ENHANCED DEDUCTION FOR CERTAIN DOMESTIC PRODUCTION.

(a) In General.--Section 199 of the Internal Revenue Code of 1986
is amended by adding at the end the following new subsection:
''(e) Enhanced Manufacturing Deduction.--
''(1) In general.--If an eligible taxpayer has qualified
core manufacturing income for any taxable year, the amount
otherwise allowable as a deduction under subsection (a) shall
be increased by the applicable percentage of the least of--
''(A) the qualified core manufacturing income of
the taxpayer for the taxable year,
''(B) the qualified production activities income of
the taxpayer for the taxable year, or
''(C) taxable income (determined without regard to
this section).
''(2) Eligible taxpayer.--For purposes of this subsection,
the term 'eligible taxpayer' means, with respect to any taxable
year, any taxpayer if the domestic input percentage for such
taxable year is more than 75 percent.
''(3) Domestic input percentage.--For purposes of this
subsection--
''(A) In general.--The term 'domestic input
percentage' means the ratio (expressed as a percentage)
of--
''(i) domestically produced input costs, to
''(ii) the total costs of direct material
inputs included in the cost of goods sold which
are allocable to gross receipts derived from
qualified property.
''(B) Domestically produced input costs.--For
purposes of subparagraph (A)--
''(i) In general.--The term 'domestically
produced input costs' means the costs described
in subparagraph (A)(ii) for materials--
''(I) which become an integral part
of property produced by the eligible
taxpayer, or
''(II) which can be identified or
associated with particular units or
groups of units of property produced by
the eligible taxpayer,
if all or virtually all of such material is
produced in the United States.
''(ii) Determination.--For purposes of this
subparagraph--
''(I) the determination of whether
all or virtually all of a material is
produced in the United States shall be
made based on rules similar to the
guidelines of the Federal Trade
Commission with respect to goods
advertised as Made in USA, and
''(II) all or virtually all of a
material shall not be treated as
produced in the United States unless
the taxpayer has a reasonable basis to
support such claim.
''(iii) United states.--For purposes of
this subparagraph, the United States includes
any possession of the United States.
''(4) Qualified core manufacturing income; qualified
property.--For purposes of this subsection--
''(A) In general.--The term 'qualified core
manufacturing income' means for any taxable year the
qualified production activities income which is
attributable to the manufacture of qualified property
during such taxable year.
''(B) Qualified property.--The term 'qualified
property' means tangible personal property other than--
''(i) a film,
''(ii) computer software,
''(iii) property described in section
168(f)(4),
''(iv) a natural resource extracted by the
taxpayer, or
''(v) property produced in a farming
business (within the meaning of section
263A(e)(4)).
''(5) Applicable percentage.--For purposes of paragraph
(1), the applicable percentage is the percentage which bears
the same ratio to 9 percent as--
''(A) so much the domestic input percentage as
exceeds 75 percent, bears to
''(B) 25 percent.''.
(b) Effective Date.--The amendment made by this section shall apply
to taxable years beginning after the date of the enactment of this Act.
Student:
Made in America Deduction Enhancement (MADE) Act This bill amends the Internal Revenue Code, with respect to the deduction for income attributable to domestic production activities, to allow an increased deduction for manufacturers that use materials produced in the United States during their production process. The bill allows the increased deduction for taxpayers with a domestic input percentage that exceeds 75%. A "domestic input percentage" is the ratio of: (1) domestically produced input costs, to (2) the total costs of direct material inputs included in the cost of goods sold which are allocable to gross receipts derived from qualified property (tangible personal property other than a film, computer software, sound recordings, a natural resource extracted by the taxpayer, or property produced in a farming business). "Domestically produced input costs" are costs for materials which: (1) become an integral part of property produced by the eligible taxpayer; or (2) can be identified or associated with particular units or groups of units of property produced by the eligible taxpayer, if all or virtually all of the material is produced in the United States.