To amend the Internal Revenue Code of 1986 to include wireless telecommunications equipment in the definition of qualified technological equipment for purposes of determining the depreciation treatment of such equipment.

Amends the Internal Revenue Code to include wireless telecommunications equipment in the definition of qualified technological equipment for depreciation purposes. Defines "wireless telecommunications equipment" as equipment used in the transmission, reception, coordination, or switching of wireless telecommunications service, other than cell towers, buildings, T-1 lines or other cabling connecting cell sites to mobile switching centers.