IANAL, but the language of the bill seems to suggest GP was indeed correct: https://www.congress.gov/bill/118th-congress/house-bill/7024/text#H1312FC52A7C540A3

IANAL, but the language of the bill seems to suggest GP was indeed correct: https://www.congress.gov/bill/118th-congress/house-bill/7024/text#H1312FC52A7C540A39BC68778312446EE https://www.congress.gov/bill/118th-congress/house-bill/7024... It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to.