Pub. L. 106-554 Dec. 21, 2000

114 Stat. 2763 · Changed 102 sections of the Code

Bill H.R. 4577 · House report H. Rept. 106-645 · Senate report S. Rept. 106-293 · Conference report H. Rept. 106-1033 · Bluebook JCT general explanation (2001)

§ 1 Tax imposed

  • § 1 Subsec.(h)(8). Pub. L. 106–554 substituted “means the excess of—” and subpars. (A) and (B) for “means an amount equal…

§ 26 Limitation based on tax liability; definition of tax liability

  • (b)(2)(Q) Pub. L. 106–554 substituted “Archer MSA” for “medical savings account”.

§ 38 General business credit

  • (b)(13) Pub. L. 106–554 added par. (13).

§ 39 Carryback and carryforward of unused credits

  • (d) Pub. L. 106–554 added par. (9).

§ 42 Low-income housing credit

  • (d)(4)(A) Pub. L. 106–554, § 1(a)(7) [title I, § 134(a)(1)], substituted “subparagraphs (B) and (C)” for “subparagraph (B)”.
  • (d)(4)(C) (d)(4)(D) Pub. L. 106–554, § 1(a)(7) [title I, § 134(a)(2), (3)], added subpar. (C) and redesignated former subpar. (C) as (D).
  • (d)(5) Pub. L. 106–554, § 1(a)(7) [title I, § 135(b)], in first sentence, inserted “either” before “in which 50 percent” and…
  • (h)(1)(E)(ii) Pub. L. 106–554, § 1(a)(7) [title I, § 135(a)(1)], in first sentence, substituted “(as of the later of the date which…
  • (h)(3)(C) Pub. L. 106–554, § 1(a)(7) [title I, § 136(b)], which directed the substitution of “clauses (i) through (iv)” for…
  • (h)(3)(C) Pub. L. 106–554, § 1(a)(7) [title I, § 135(a)(2)], in last sentence of concluding provisions, substituted “project…
  • (h)(3)(C) Pub. L. 106–554, § 1(a)(7) [title I, § 131(c)(1)], in first sentence of concluding provisions, substituted “clause (i)”…
  • (h)(3)(C)(i) (h)(3)(C)(ii) Pub. L. 106–554, § 1(a)(7) [title I, § 131(a)], amended cls. (i) and (ii) generally. Prior to amendment, cls. (i) and…
  • (h)(3)(D)(ii) Pub. L. 106–554, § 1(a)(7) [title I, § 136(a)], substituted “the excess (if any) of—” for “the excess (if any) of the…
  • (h)(3)(D)(ii) Pub. L. 106–554, § 1(a)(7) [title I, § 131(c)(2)], substituted “subparagraph (C)(i)” for “subparagraph (C)(ii)” in…
  • (h)(3)(H) Pub. L. 106–554, § 1(a)(7) [title I, § 131(b)], added subpar. (H).
  • (i)(2) Pub. L. 106–554, § 1(a)(7) [title I, § 134(b)(2)], inserted “or Native American housing assistance” after “HOME…
  • (i)(2) Pub. L. 106–554, § 1(a)(7) [title I, § 134(b)(1)], inserted “or the Native American Housing Assistance and…
  • (m)(1)(A)(iii) (m)(1)(A)(iv) Pub. L. 106–554, § 1(a)(7) [title I, § 133(a)], added cls. (iii) and (iv).
  • (m)(1)(B)(ii)(III) Pub. L. 106–554, § 1(a)(7) [title I, § 132(b)], added subcl. (III).
  • (m)(1)(B)(iii) Pub. L. 106–554, § 1(a)(7) [title I, § 133(b)], inserted “and in monitoring for noncompliance with habitability…
  • (m)(1)(C)(iii) Pub. L. 106–554, § 1(a)(7) [title I, § 132(a)(1)], inserted “, including whether the project includes the use of…
  • (m)(1)(C)(v) (m)(1)(C)(vi) (m)(1)(C)(vii) (m)(1)(C)(viii) Pub. L. 106–554, § 1(a)(7) [title I, § 132(a)(2)], added cls. (v) to (viii) and struck out former cls. (v) to (vii)…

§ 43 Enhanced oil recovery credit

  • (c)(1)(C) Pub. L. 106–554 inserted “(as defined in section 193(b))” after “expenses” and struck out “under section 193” after…

§ 45 Electricity produced from certain renewable resources, etc.

  • (d)(7) Pub. L. 106–554 substituted “subsection (c)(3)(A)” for “paragraph (3)(A)”.

§ 45D New markets tax credit

§ 51 Amount of credit

  • (d)(2)(B) Pub. L. 106–554, § 1(a)(7) [title III, § 316(a)], substituted “program funded” for “plan approved” and struck out…
  • (d)(5)(A)(ii) Pub. L. 106–554, § 1(a)(7) [title I, § 102(a)], substituted “empowerment zone, enterprise community, or renewal…
  • (d)(5)(B) Pub. L. 106–554, § 1(a)(7) [title I, § 102(a), (c)], inserted “or community” after “zone” in heading and substituted…
  • (d)(7)(A)(iv) Pub. L. 106–554, § 1(a)(7) [title I, § 102(b)], substituted “empowerment zone, enterprise community, or renewal…
  • (d)(7)(C) Pub. L. 106–554, § 1(a)(7) [title I, § 102(c)], inserted “or community” after “zone” in heading.

§ 56 Adjustments in computing alternative minimum taxable income

  • (a)(1)(A)(ii) Pub. L. 106–554 inserted “(and the straight line method shall be used for such 1250 property)” before “or to any other…

§ 62 Adjusted gross income defined

  • (a)(16) Pub. L. 106–554 amended heading and text of par. (16) generally. Prior to amendment, text read as follows: “The…

§ 67 2-percent floor on miscellaneous itemized deductions

  • (f) Pub. L. 106–554 substituted “the second sentence” for “the last sentence”.

§ 106 Contributions by employer to accident and health plans

  • (b) Pub. L. 106–554 § 1(a)(7) [title II, § 202(b)(6)], substituted “Archer MSAs” for “medical savings accounts” in heading.
  • (b)(1) Pub. L. 106–554 § 1(a)(7) [title II, § 202(a)(2)], substituted “Archer MSA” for “medical savings account”.
  • (b)(3) Pub. L. 106–554 § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”.
  • (b)(3) Pub. L. 106–554 § 1(a)(7) [title II, § 202(a)(2)], substituted “Archer MSA” for “medical savings account”.
  • (b)(4) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(A)], substituted “Archer MSAs” for “medical savings accounts”.
  • (b)(6) Pub. L. 106–554 § 1(a)(7) [title II, § 202(a)(2)], substituted “Archer MSA” for “medical savings account”.
  • (b)(7) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(A)], substituted “Archer MSAs” for “medical savings accounts”.

§ 138 Medicare Advantage MSA

  • (b) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA” in introductory…
  • (b) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(3)], substituted “Archer MSA” for “medical savings account” in…
  • (f) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(6)], substituted “Archer MSAs” for “medical savings accounts” in heading.

§ 146 Volume cap

  • (d)(1) (d)(2) Pub. L. 106–554 amended pars. (1) and (2) generally. Prior to amendment, pars. (1) and (2) provided for State ceilings…

§ 151 Allowance of deductions for personal exemptions

  • (c) Pub. L. 106–554 added par. (6).

§ 165 Losses

  • (g)(3) Pub. L. 106–554, § 1(a)(7) [title III, § 318(b)(2)], struck out last sentence of concluding provisions which read as…
  • (g)(3)(A) Pub. L. 106–554, § 1(a)(7) [title III, § 318(b)(1)], amended subpar. (A) generally. Prior to amendment, subpar. (A)…

§ 170 Charitable, etc., contributions and gifts

  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(b)(2)], substituted “educational purposes” for “elementary or secondary…
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(1)], substituted “qualified computer contribution” for “qualified…
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(2)], added subcl. (III).
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(3)], substituted “3 years” for “2 years”.
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(b)(1)], which directed the amendment of cl. (iv) by striking “in any grades…
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(d)], added cl. (viii).
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(1)], substituted “qualified computer contribution” for “qualified…
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(e)], added subpar. (D) and redesignated former subpar. (D) as (E). Former…
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(e)], redesignated subpar. (E) as (F). Former subpar. (F) redesignated (G).
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(c)], substituted “December 31, 2003” for “December 31, 2000”.
  • (e)(6) Pub. L. 106–554, § 1(a)(7) [title I, § 165(e)], redesignated subpar. (F) as (G).

§ 196 Deduction for certain unused business credits

  • (c)(9) Pub. L. 106–554 added par. (9).

§ 198 Expensing of environmental remediation costs

  • (c) Pub. L. 106–554, § 1(a)(7) [title I, § 162(a)], amended subsec. (c) generally. Prior to amendment, subsec. (c) defined…
  • (h) Pub. L. 106–554, § 1(a)(7) [title I, § 162(b)], substituted “2003” for “2001”.

§ 219 Retirement savings

§ 220 Archer MSAs

  • § 220 Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(8)], substituted “Archer MSAs” for “Medical savings accounts” in section…
  • (a) (b)(5) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”.
  • (a) (b)(5) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account” wherever…
  • (c)(1)(C) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(7)], substituted “Archer MSAs” for “medical savings accounts” in heading.
  • (c)(1)(C)(i) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”.
  • (c)(1)(C)(i) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (c)(1)(D) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”.
  • (c)(4)(C)(ii) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (d) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(4)], substituted “Archer MSA” for “Medical savings account” in heading.
  • (d)(1) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(5)], substituted “Archer MSA” for “Medical savings account” in heading.
  • (d)(1) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4), (b)(3)], in introductory provisions, substituted “Archer MSA” for…
  • (d)(2)(C) (d)(3) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (e)(1) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10), (11)], substituted “An Archer MSA is exempt” for “A Archer MSA is…
  • (e)(1) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account” in two…
  • (e)(2) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”.
  • (f) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA” wherever appearing.
  • (f) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4), (b)(2)(B)], substituted “Archer MSA” for “medical savings account”…
  • (h) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”.
  • (h) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (i) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(6)], substituted “Archer MSAs” for “medical savings accounts” in heading.
  • (i)(2)(A) (i)(2)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 201(a)], substituted “2002” for “2000”.
  • (i)(3)(A) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (i)(3)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 201(a)], substituted “2002” for “2000” in heading and introductory provisions.
  • (i)(4)(A) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (i)(4)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”.
  • (i)(5)(A) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (j)(1) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts” in…
  • (j)(2) Pub. L. 106–554, § 1(a)(7) [title II, § 201(b)(1)(A)], substituted “1998, 1999, or 2001” for “1998 or 1999” in heading…
  • (j)(2)(A) Pub. L. 106–554, § 1(a)(7) [title II, § 201(b)(1)(B)], substituted “750,000 (600,000 in the case of 1998)” for “600,000…
  • (j)(2)(B)(ii) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”.
  • (j)(2)(C) Pub. L. 106–554, § 1(a)(7) [title II, § 201(b)(1)(C)], added subpar. (C).
  • (j)(3)(A) (j)(3)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (j)(4)(A) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA” in introductory…
  • (j)(4)(A) Pub. L. 106–554, § 1(a)(7) [title II, §§ 201(b)(2), 202(a)(4)], in introductory provisions, substituted “1999, and…
  • (j)(4)(A)(i) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”.
  • (j)(4)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”.
  • (j)(4)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”.
  • (j)(4)(D) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts” in two…

§ 280C Certain expenses for which credits are allowable

  • (c)(1) Pub. L. 106–554 struck out “or credit” after “deduction” in two places.

§ 357 Assumption of liability

  • (d)(1) Pub. L. 106–554 inserted “section 358(h),” after “section 358(d),” in introductory provisions.

§ 358 Basis to distributees

  • (h) Pub. L. 106–554 added subsec. (h).

§ 401 Qualified pension, profit-sharing, and stock bonus plans

  • (k)(10)(B)(ii) Pub. L. 106–554 inserted at end “Such term includes a distribution of an annuity contract from—

§ 403 Taxation of employee annuities

  • (b)(3)(B) Pub. L. 106–554 substituted “section 125, 132(f)(4), or” for “section 125 or”.

§ 408 Individual retirement accounts

  • (d)(5) Pub. L. 106–554 amended heading generally. Prior to amendment, heading read as follows: “Certain distributions of…

§ 414 Definitions and special rules

  • (s)(2) Pub. L. 106–554 substituted “section 125, 132(f)(4), 402(e)(3)” for “section 125, 402(e)(3)”.

§ 415 Limitations on benefits and contribution under qualified plans

  • (c)(3)(D)(ii) Pub. L. 106–554 substituted “section 125, 132(f)(4), or” for “section 125 or”.

§ 469 Passive activity losses and credits limited

  • (i)(3)(C) (i)(3)(D) (i)(3)(E) (i)(3) Pub. L. 106–554, § 1(a)(7) [title I, § 101(b)(1), (2)], added subpar. (C), redesignated former subpars. (C) to (E) as…
  • (i)(6)(B) Pub. L. 106–554, § 1(a)(7) [title I, § 101(b)(3)(B)], substituted “, rehabilitation credit, or commercial…
  • (i)(6)(B) Pub. L. 106–554, § 1(a)(7) [title I, § 101(b)(3)(A)], added cl. (iii).

§ 475 Mark to market accounting method for dealers in securities

  • (g)(3) Pub. L. 106–554 substituted “267(b) or” for “267(b) of”.

§ 529 Qualified tuition programs

  • (e)(3)(B) Pub. L. 106–554 struck out “under guaranteed plans” after “students” in heading.

§ 530 Coverdell education savings accounts

  • (d)(4)(B)(iii) Pub. L. 106–554 substituted a comma for a semicolon before “or” at end.

§ 664 Charitable remainder trusts

  • (d)(1)(C) (d)(2)(C) Pub. L. 106–554 struck out period after “(as defined by subsection (g))”. See 1997 Amendment notes below.

§ 678 Person other than grantor treated as substantial owner

  • (e) Pub. L. 106–554 substituted “an S corporation” for “an electing small business corporation”.

§ 848 Capitalization of certain policy acquisition expenses

  • (e)(1)(B)(iv) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”.
  • (e)(1)(B)(iv) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(5)], substituted “Archer MSA” for “medical savings account”.

§ 856 Definition of real estate investment trust

  • (c)(7) Pub. L. 106–554, § 1(a)(7) [title III, § 319(9)], substituted “paragraph (4)(B)(iii)(III)” for “paragraph…
  • (l)(4)(A) Pub. L. 106–554, § 1(a)(7) [title III, § 319(10)], substituted “subsection (d)(9)(D)(ii)” for “paragraph (9)(D)(ii)”.

§ 857 Taxation of real estate investment trusts and their beneficiaries

  • (b)(7)(B)(ii) Pub. L. 106–554 amended heading and text of cl. (ii) generally. Prior to amendment, text read as follows: “Clause (i)…

§ 871 Tax on nonresident alien individuals

  • (f)(2)(B) Pub. L. 106–554 inserted opening parenthesis before “19 U.S.C.”.

§ 995 Taxation of DISC income to shareholders

  • (b)(3)(B) Pub. L. 106–554, § 1(a)(7) [title III, § 319(12)], substituted “section 38 of the International Security Assistance and…
  • (f)(4) Pub. L. 106–554, § 1(a)(7) [title III, § 307(c)], substituted “the average of the 1-year constant maturity Treasury…

§ 1016 Adjustments to basis

  • (a)(23) Pub. L. 106–554 substituted “1045, or 1397B” for “or 1045” and “1045(b)(4), or 1397B(b)(4)” for “or 1045(b)(4)”.

§ 1032 Exchange of stock for property

  • (a) Pub. L. 106–554 inserted “, or with respect to a securities futures contract (as defined in section 1234B),” after “an…

§ 1091 Loss from wash sales of stock or securities

  • (f) Pub. L. 106–554 added subsec. (f).

§ 1092 Straddles

  • (d)(3)(B) Pub. L. 106–554 added subcl. (II) and redesignated former subcl. (II) as (III).

§ 1202 Partial exclusion for gain from certain small business stock

  • § 1202 Pub. L. 106–554, § 1(a)(7) [title I, § 117(b)(2)], substituted “Partial” for “50-percent” in section catchline.
  • (a) Pub. L. 106–554, § 1(a)(7) [title I, § 117(a)], amended heading and text of subsec. (a) generally. Prior to amendment…

§ 1223 Holding period of property

  • (15) Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(2)], amended par. (15) generally. Prior to amendment, par. (15) read as…
  • § 1223 Pub. L. 106–554, § 1(a)(7) [title IV, § 401(h)(1)], added par. (16) and redesignated former par. (16) as (17).

§ 1233 Gains and losses from short sales

  • (e)(2)(D) Pub. L. 106–554 added subpar. (D).

§ 1234A Gains or losses from certain terminations

  • (1) Pub. L. 106–554, § 1(a)(7) [title IV, § 401(b)(1)], inserted “(other than a securities futures contract, as defined in…
  • § 1234A Pub. L. 106–554, § 1(a)(7) [title IV, § 401(b)(2)–(4)], added par. (3).

§ 1234B Gains or losses from securities futures contracts

§ 1256 Section 1256 contracts marked to market

  • (b) Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(1)(A)], added par. (5) and concluding provisions.
  • (f)(4) Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(2)], inserted “and dealer securities futures contracts” after “dealer…
  • (g)(6) Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(3)], amended heading and text of par. (6) generally. Prior to amendment…
  • (g)(9) Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(1)(B)], added par. (9).

§ 1275 Other definitions and special rules

  • (a)(1)(B)(ii) Pub. L. 106–554, in introductory provisions, substituted “subchapter L (or by an entity described in section 501(c) and…

§ 1361 S corporation defined

§ 1391 Designation procedure

  • (d)(1)(A) Pub. L. 106–554, § 1(a)(7) [title I, § 112], amended subpar. (A) generally. Prior to amendment, subpar. (A) read as…
  • (g)(3)(C) Pub. L. 106–554, § 1(a)(7) [title III, § 319(13)], substituted “paragraph (1)” for “paragraph (1)(B)”.
  • (h) Pub. L. 106–554, § 1(a)(7) [title I, § 111], added subsec. (h).

§ 1394 Tax-exempt enterprise zone facility bonds

  • (b)(2) Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(3)(A)], substituted “section 1397D” for “section 1397C” in introductory…
  • (b)(2)(B) Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(3)(B)], substituted “section 1397D(a)(2)” for “section 1397C(a)(2)”.
  • (b)(3) Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(4)(A)], substituted “section 1397C” for “section 1397B” wherever…
  • (b)(3)(B)(iii) Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(4)(B)], substituted “section 1397C(d)” for “section 1397B(d)”.
  • (f)(3) Pub. L. 106–554, § 1(a)(7) [title I, § 115(a)], amended heading and text of par. (3) generally. Prior to amendment…

§ 1396 Empowerment zone employment credit

  • (b) Pub. L. 106–554, § 1(a)(7) [title I, § 113(a)], amended subsec. (b) generally, substituting provisions establishing an…
  • § 1396 Pub. L. 106–554, § 1(a)(7) [title I, § 113(b)], struck out heading and text of subsec. (e). Text read as follows: “This…

§ 1397A Increase in expensing under section 179

  • (a)(1)(A) Pub. L. 106–554, § 1(a)(7) [title I, § 114(a)], substituted “$35,000” for “$20,000”.
  • (c) Pub. L. 106–554, § 1(a)(7) [title I, § 114(b)], struck out heading and text of subsec. (c). Text read as follows: “For…

§ 1397B Nonrecognition of gain on rollover of empowerment zone investments

§ 1397C Enterprise zone business defined

  • § 1397C Pub. L. 106–554 renumbered section 1397B of this title as this section.

§ 1397D Qualified zone property defined

  • § 1397D Pub. L. 106–554 renumbered section 1397C of this title as this section.

§ 2035 Adjustments for certain gifts made within 3 years of decedent’s death

  • (c)(2) Pub. L. 106–554, § 1(a)(7) [title III, § 319(14)(A)], substituted “subsection (a)” for “paragraph (1)”.
  • (d) Pub. L. 106–554, § 1(a)(7) [title III, § 319(14)(B)], inserted “and paragraph (1) of subsection (c)” after “Subsection…

§ 3121 Definitions

  • (a)(5)(G) Pub. L. 106–554 substituted a comma for the semicolon at end.

§ 3231 Definitions

  • (e)(10) Pub. L. 106–554 substituted “Archer MSA” for “Medical savings account” in heading.

§ 3306 Definitions

  • (c)(7) Pub. L. 106–554, § 1(a)(7) [title I, § 166(a)], inserted “or in the employ of an Indian tribe,” after “service…
  • (u) Pub. L. 106–554, § 1(a)(7) [title I, § 166(d)], added subsec. (u).

§ 3309 State law coverage of services performed for nonprofit organizations or governmental entities

  • (a)(2) Pub. L. 106–554, § 1(a)(7) [title I, § 166(b)(1)], inserted “, including an Indian tribe,” after “the State law shall…
  • (b)(3)(B) Pub. L. 106–554, § 1(a)(7) [title I, § 166(b)(2)], inserted “, or of an Indian tribe” before semicolon at end.
  • (b)(3)(E) Pub. L. 106–554, § 1(a)(7) [title I, § 166(b)(3)], inserted “or tribal” after “the State”.
  • (b)(5) Pub. L. 106–554, § 1(a)(7) [title I, § 166(b)(4)], inserted “or of an Indian tribe” after “an agency of a State or…
  • (d) Pub. L. 106–554, § 1(a)(7) [title I, § 166(c)], added subsec. (d).

§ 3405 Special rules for pensions, annuities, and certain other deferred income

  • (e)(1)(B) Pub. L. 106–554 inserted “(other than a Roth IRA)” after “individual retirement plan” in concluding provisions.

§ 4946 Definitions and special rules

  • (c)(3)(B) Pub. L. 106–554 substituted “the lowest rate of basic pay for the Senior Executive Service under section 5382” for “the…

§ 4973 Tax on excess contributions to certain tax-favored accounts and annuities

  • (a)(2) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer” for “a Archer”.
  • (a)(2) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(6)], substituted “Archer MSA” for “medical savings account”.
  • (d) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(6), (b)(2)(C), (6)], substituted “Archer MSAs” for “medical savings…

§ 4975 Tax on prohibited transactions

  • (c)(4) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer” for “a Archer”.
  • (c)(4) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(7), (b)(7)], substituted “Archer MSAs” for “medical savings accounts” in…
  • (e)(1)(D) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer” for “a Archer”.
  • (e)(1)(D) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(7)], substituted “Archer MSA” for “medical savings account”.

§ 4980E Failure of employer to make comparable Archer MSA contributions

  • (a) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(8)], substituted “Archer MSA” for “medical savings account”.
  • (b) (d)(1) Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(D)], substituted “Archer MSAs” for “medical savings accounts”.
  • (d)(2)(B) Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(8)], substituted “Archer MSA” for “medical savings account”.

§ 5702 Definitions

  • (f) Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsec. (g) as (f) and struck out former subsec.…
  • (g) Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsec. (h) as (g). Former subsec. (g)…
  • (h) Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsec. (i) as (h). Former subsec. (h)…
  • (h) Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(A)], amended heading and text of subsec. (h) generally. Prior to…
  • (i) (j) (k) (l) (m) (n) (o) (p) Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsecs. (i) to (p) as (h) to (o), respectively.

§ 5761 Civil penalties

  • (c) Pub. L. 106–554 inserted at end “This subsection and section 5754 shall not apply to any person who relands or receives…

§ 6015 Relief from joint and several liability on joint return

  • (c)(3)(B) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(1)], substituted “may be made at any time after a deficiency for such…
  • (e)(1) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(A)], inserted “against whom a deficiency has been asserted and”…
  • (e)(1)(A) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(B)], amended heading and text of subpar. (A) generally. Prior to…
  • (e)(1)(B)(i) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(C)], substituted “until the close of the 90th day referred to in…
  • (e)(2) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(D)(ii)], amended heading and text of par. (2) generally. Prior to…
  • (e)(3) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(2)(B)], amended par. (3) generally, substituting “Limitation on Tax…
  • (e)(5) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(D)(i)], added par. (5).
  • (g) (h) Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(2)(A)], added subsec. (g) and redesignated former subsec. (g) as (h).

§ 6051 Receipts for employees

  • (a)(11) Pub. L. 106–554 substituted “Archer MSA” for “medical savings account”.

§ 6103 Confidentiality and disclosure of returns and return information

  • (b)(2)(D) Pub. L. 106–554, § 1(a)(7) [title III, § 304(a)], added subpar. (D).
  • (e)(1)(D)(v) Pub. L. 106–554, § 1(a)(7) [title III, § 319(8)(B)], amended cl. (v) generally. Prior to amendment, cl. (v) read as…
  • (j)(6) Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(1)], added par. (6).
  • (k)(6) Pub. L. 106–554, § 1(a)(7) [title III, § 313(c)], substituted “certain” for “internal revenue” in heading and inserted…
  • (p)(4) Pub. L. 106–554, § 1(a)(7) [title III, §§ 310(a)(2)(A)(i), (iv), 319(17)(A)], in introductory provisions, inserted “the…
  • (p)(4)(E) Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(2)(A)(ii)], substituted “commission, the General Accounting Office, or…
  • (p)(4)(F)(ii) Pub. L. 106–554, § 1(a)(7) [title III, §§ 310(a)(2)(A)(iii), 319(17)(B)], struck out second comma after “(14)” and…
  • (p)(5) Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(2)(B)], substituted “commissions, the General Accounting Office, and…
  • (p)(6)(A) Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(2)(C)], inserted “and the Congressional Budget Office” after…

§ 6104 Publicity of information required from certain exempt organizations and certain trusts

  • (d)(6) Pub. L. 106–554 added par. (6) relating to application to nonexempt charitable trusts and nonexempt private foundations.

§ 6105 Confidentiality of information arising under treaty obligations

§ 6110 Public inspection of written determinations

  • (b)(1) Pub. L. 106–554, § 1(a)(7) [title III, § 304(c)(1)], amended heading and text of par. (1) generally. Prior to…
  • (g)(5)(A) Pub. L. 106–554, § 1(a)(7) [title III, § 313(e)], inserted “, any Chief Counsel advice,” after “technical advice…
  • (l)(1) Pub. L. 106–554, § 1(a)(7) [title III, § 304(c)(2)], inserted “or 6105” after “6104”.

§ 6166 Extension of time for payment of estate tax where estate consists largely of interest in closely held business

  • (k)(5) Pub. L. 106–554 substituted “2035(c)(2)” for “2035(d)(4)”.

§ 6211 Definition of a deficiency

  • (b)(4)(A) Pub. L. 106–554 substituted “sections 24(d), 32, and 34” for “sections 32 and 34”.

§ 6330 Notice and opportunity for hearing before levy

  • (d)(1) Pub. L. 106–554, § 1(a)(7) [title III, § 313(d)], substituted “with respect to” for “to hear”.
  • (e)(1) Pub. L. 106–554, § 1(a)(7) [title III, § 313(b)(2)(A)], inserted at end “Notwithstanding the provisions of section…

§ 6331 Levy and distraint

  • (k)(3) Pub. L. 106–554 substituted “(3) and (4)” for “(3), (4), and (5)”.

§ 6405 Reports of refunds and credits

  • (a) (b) Pub. L. 106–554 substituted “$2,000,000” for “$1,000,000”.

§ 6411 Tentative carryback and refund adjustments

  • (a) Pub. L. 106–554 substituted “subsection (a)(1) or (c) of section 1212” for “section 1212(a)(1)” in introductory…

§ 6512 Limitations in case of petition to Tax Court

  • (a)(1) (a)(2) (a)(5) Pub. L. 106–554 substituted a comma for a semicolon before “and” at end.

§ 6611 Interest on overpayments

  • (g)(1) Pub. L. 106–554 struck out comma after “(b)(3)”.

§ 6655 Failure by corporation to pay estimated income tax

  • (e)(5)(A) (e)(5)(B) Pub. L. 106–554 substituted “subsection (d)(5)” for “subsections (d)(5) and (l)(3)(B)”.

§ 6693 Failure to provide reports on certain tax-favored accounts or annuities; penalties relating to designated nondeductible contributions

  • (a)(2)(B) Pub. L. 106–554 substituted “Archer MSAs” for “medical savings accounts”.

§ 6724 Waiver; definitions and special rules

§ 7421 Prohibition of suits to restrain assessment or collection

  • (a) Pub. L. 106–554 inserted “6330(e)(1),” after “6246(b),” and substituted “6672(c)” for “6672(b)”.

§ 7430 Awarding of costs and certain fees

  • (c)(3) Pub. L. 106–554, § 1(a)(7) [title III, § 319(25)(A)], substituted “Attorneys’ ” for “Attorneys” in heading.
  • (c)(3)(B) Pub. L. 106–554, § 1(a)(7) [title III, § 319(25)(B)], substituted “attorneys’ fees” for “attorneys fees” wherever…

§ 7436 Proceedings for determination of employment status

  • (a) Pub. L. 106–554 inserted “and the proper amount of employment tax under such determination” before period at end of…

§ 7463 Disputes involving $50,000 or less

  • (f) Pub. L. 106–554 added subsec. (f).

§ 7603 Service of summons

§ 7608 Authority of internal revenue enforcement officers

  • (c) Pub. L. 106–554 substituted “January 1, 2006” for “January 1, 2001” in subpar. (B) and concluding provisions.

§ 7701 Definitions

  • (m) (n) Pub. L. 106–554 added subsec. (m) and redesignated former subsec. (m) as (n).

§ 7702A Modified endowment contract defined

  • (a)(2) Pub. L. 106–554, § 1(a)(7) [title III, § 318(a)(1)], inserted “or this paragraph” before period at end.
  • (c)(3)(A)(ii) Pub. L. 106–554, § 1(a)(7) [title III, § 318(a)(2)], which substituted “under the old contract” for “under the…

§ 7802 Internal Revenue Service Oversight Board

  • (b)(2)(B)(ii) Pub. L. 106–554 substituted a comma for semicolon before “and”.

§ 7811 Taxpayer Assistance Orders

  • (a)(3) Pub. L. 106–554, § 1(a)(7) [title III, § 319(28)], substituted “Taxpayer Assistance Order” for “taxpayer assistance…
  • (d)(1) Pub. L. 106–554, § 1(a)(7) [title III, § 319(29)], substituted “National Taxpayer Advocate’s” for “Ombudsman’s”.

§ 7872 Treatment of loans with below-market interest rates

  • (f)(3) Pub. L. 106–554 substituted “forgoing” for “foregoing”.

§ 9503 Highway Trust Fund

  • (b)(5) (b)(6) Pub. L. 106–554 redesignated par. (6) as (5) and struck out heading and text of former par. (5). Text read as follows…

§ 9510 Vaccine Injury Compensation Trust Fund

  • (c)(1)(A) Pub. L. 106–554 substituted “October 18, 2000” for “December 31, 1999”.