To amend the Internal Revenue Code of 1986 to repeal the special depreciation rules applicable under the adjusted current earnings provisions of the minimum tax.

Amends the Internal Revenue Code to repeal the special depreciation rules applicable under the adjusted current earnings provisions of the minimum tax. Requires the depreciation deduction with respect to any property for any taxable year beginning after December 31, 1991, to be the same as the depreciation deduction allowable in computing alternative minimum taxable income for such taxable year.