To amend the Internal Revenue Code of 1986 to increase the special allowance for depreciation for certain property acquired after September 10, 2001, from 30 percent to 100 percent, and for other purposes.

Amends Internal Revenue Code provisions concerning the special allowance for certain property acquired after September 10, 2001, and before September 11, 2004 to increase the 30 percent allowance to 100 percent.