A bill to amend the Internal Revenue Code of 1954 to provide that the basis adjustments applicable where noncorporate taxpayers acquire certain motor carrier operating authorities shall be similar to the basis adjustments applicable where corporate taxpayers acquire such authorities.

[AI summary unavailable — showing source text] Amends the Economic Recovery Tax Act of 1981 to provide that the basis adjustment for tax deductions for motor carrier operating authorities acquired by a noncorporate taxpayer shall be the same as the adjustments for a corporate taxpayer.…