# Pub. L. 106-554: changes to the Internal Revenue Code 2000-12-21, 114 Stat. 2763. Source: . ## Legislative history - Bill: [H.R. 4577](https://www.congress.gov/bill/106th-congress/house-bill/4577) - House report: [H. Rept. 106-645](https://www.govinfo.gov/content/pkg/CRPT-106hrpt645/html/CRPT-106hrpt645.htm) - Senate report: [S. Rept. 106-293](https://www.govinfo.gov/content/pkg/CRPT-106srpt293/html/CRPT-106srpt293.htm) - Conference report: [H. Rept. 106-1033](https://www.govinfo.gov/content/pkg/CRPT-106hrpt1033/html/CRPT-106hrpt1033.htm) - Bluebook: [JCT general explanation (2001)](https://www.govinfo.gov/app/details/CPRT-107JPRT72236) ## § 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 to the gain excluded from gross income under section 1202(a).” ## § 26: Limitation based on tax liability; definition of tax liability - § 26(b)(2)(Q): Pub. L. 106–554 substituted “Archer MSA” for “medical savings account”. ## § 38: General business credit - § 38(b)(13): Pub. L. 106–554 added par. (13). ## § 39: Carryback and carryforward of unused credits - § 39(d): Pub. L. 106–554 added par. (9). ## § 42: Low-income housing credit - § 42(d)(4)(A): Pub. L. 106–554, § 1(a)(7) [title I, § 134(a)(1)], substituted “subparagraphs (B) and (C)” for “subparagraph (B)”. - § 42(d)(4)(C), § 42(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). - § 42(d)(5): Pub. L. 106–554, § 1(a)(7) [title I, § 135(b)], in first sentence, inserted “either” before “in which 50 percent” and “or which has a poverty rate of at least 25 percent” before period at end. - § 42(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 is 6 months after the date that the allocation was made or the close of the calendar year in which the allocation” for “(as of the close of the calendar year in which the allocation”. - § 42(h)(3)(C): Pub. L. 106–554, § 1(a)(7) [title I, § 136(b)], which directed the substitution of “clauses (i) through (iv)” for “clauses (i) and (iii)” in the first sentence of concluding provisions, could not be executed because the words “clauses (i) and (iii)” did not appear subsequent to the amendment by Pub. L. 106–554, § 1(a)(7) [title I, § 131(c)(1)(B)]. See below. - § 42(h)(3)(C): Pub. L. 106–554, § 1(a)(7) [title I, § 135(a)(2)], in last sentence of concluding provisions, substituted “project which fails to meet the 10 percent test under paragraph (1)(E)(ii) on a date after the close of the calendar year in which the allocation was made or which” for “project which”. - § 42(h)(3)(C): Pub. L. 106–554, § 1(a)(7) [title I, § 131(c)(1)], in first sentence of concluding provisions, substituted “clause (i)” for “clause (ii)” and “clauses (ii)” for “clauses (i)”. - § 42(h)(3)(C)(i), § 42(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 (ii) read as follows: - § 42(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 unused State housing credit ceiling for such year (as defined in subparagraph (C)(i)) over the excess (if any) of—” in introductory provisions, added subcls. (I) and (II), and struck out former subcls. (I) and (II) which read as follows: - § 42(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 introductory provisions and “clauses (ii)” for “clauses (i)” in subcl. (II). - § 42(h)(3)(H): Pub. L. 106–554, § 1(a)(7) [title I, § 131(b)], added subpar. (H). - § 42(i)(2): Pub. L. 106–554, § 1(a)(7) [title I, § 134(b)(2)], inserted “or Native American housing assistance” after “HOME assistance” in heading. - § 42(i)(2): Pub. L. 106–554, § 1(a)(7) [title I, § 134(b)(1)], inserted “or the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4101 et seq.) (as in effect on October 1, 1997)” after “this subparagraph)”. - § 42(m)(1)(A)(iii), § 42(m)(1)(A)(iv): Pub. L. 106–554, § 1(a)(7) [title I, § 133(a)], added cls. (iii) and (iv). - § 42(m)(1)(B)(ii)(III): Pub. L. 106–554, § 1(a)(7) [title I, § 132(b)], added subcl. (III). - § 42(m)(1)(B)(iii): Pub. L. 106–554, § 1(a)(7) [title I, § 133(b)], inserted “and in monitoring for noncompliance with habitability standards through regular site visits” before period at end. - § 42(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 existing housing as part of a community revitalization plan” before comma at end. - § 42(m)(1)(C)(v), § 42(m)(1)(C)(vi), § 42(m)(1)(C)(vii), § 42(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) which read as follows: ## § 43: Enhanced oil recovery credit - § 43(c)(1)(C): Pub. L. 106–554 inserted “(as defined in section 193(b))” after “expenses” and struck out “under section 193” after “allowable”. ## § 45: Electricity produced from certain renewable resources, etc. - § 45(d)(7): Pub. L. 106–554 substituted “subsection (c)(3)(A)” for “paragraph (3)(A)”. ## § 45D: New markets tax credit - Enacted 26 U.S.C. § 45D. ## § 51: Amount of credit - § 51(d)(2)(B): Pub. L. 106–554, § 1(a)(7) [title III, § 316(a)], substituted “program funded” for “plan approved” and struck out “(relating to assistance for needy families with minor children)” after “Social Security Act”. - § 51(d)(5)(A)(ii): Pub. L. 106–554, § 1(a)(7) [title I, § 102(a)], substituted “empowerment zone, enterprise community, or renewal community” for “empowerment zone or enterprise community”. - § 51(d)(5)(B): Pub. L. 106–554, § 1(a)(7) [title I, § 102(a), (c)], inserted “or community” after “zone” in heading and substituted “empowerment zone, enterprise community, or renewal community” for “empowerment zone or enterprise community” in text. - § 51(d)(7)(A)(iv): Pub. L. 106–554, § 1(a)(7) [title I, § 102(b)], substituted “empowerment zone, enterprise community, or renewal community” for “empowerment zone or enterprise community”. - § 51(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 - § 56(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 property” in concluding provisions. ## § 62: Adjusted gross income defined - § 62(a)(16): Pub. L. 106–554 amended heading and text of par. (16) generally. Prior to amendment, text read as follows: “The deduction allowed by section 220.” ## § 67: 2-percent floor on miscellaneous itemized deductions - § 67(f): Pub. L. 106–554 substituted “the second sentence” for “the last sentence”. ## § 106: Contributions by employer to accident and health plans - § 106(b): Pub. L. 106–554 § 1(a)(7) [title II, § 202(b)(6)], substituted “Archer MSAs” for “medical savings accounts” in heading. - § 106(b)(1): Pub. L. 106–554 § 1(a)(7) [title II, § 202(a)(2)], substituted “Archer MSA” for “medical savings account”. - § 106(b)(3): Pub. L. 106–554 § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”. - § 106(b)(3): Pub. L. 106–554 § 1(a)(7) [title II, § 202(a)(2)], substituted “Archer MSA” for “medical savings account”. - § 106(b)(4): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(A)], substituted “Archer MSAs” for “medical savings accounts”. - § 106(b)(6): Pub. L. 106–554 § 1(a)(7) [title II, § 202(a)(2)], substituted “Archer MSA” for “medical savings account”. - § 106(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 - § 138(b): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA” in introductory provisions. - § 138(b): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(3)], substituted “Archer MSA” for “medical savings account” in introductory provisions. - § 138(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 - § 146(d)(1), § 146(d)(2): Pub. L. 106–554 amended pars. (1) and (2) generally. Prior to amendment, pars. (1) and (2) provided for State ceilings based on the per capita limits and aggregate limits set out in an included table. ## § 151: Allowance of deductions for personal exemptions - § 151(c): Pub. L. 106–554 added par. (6). ## § 165: Losses - § 165(g)(3): Pub. L. 106–554, § 1(a)(7) [title III, § 318(b)(2)], struck out last sentence of concluding provisions which read as follows: “As used in subparagraph (A), the term ‘stock’ does not include nonvoting stock which is limited and preferred as to dividends.” - § 165(g)(3)(A): Pub. L. 106–554, § 1(a)(7) [title III, § 318(b)(1)], amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: “stock possessing at least 80 percent of the voting power of all classes of its stock and at least 80 percent of each class of its nonvoting stock is owned directly by the taxpayer, and”. ## § 170: Charitable, etc., contributions and gifts - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(b)(2)], substituted “educational purposes” for “elementary or secondary school purposes” in heading. - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(1)], substituted “qualified computer contribution” for “qualified elementary or secondary educational contribution” in subpar. (A) and in heading and introductory provisions of subpar. (B). - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(2)], added subcl. (III). - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(3)], substituted “3 years” for “2 years”. - § 170(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 of the K–12”, was executed by striking out “in any of the grades K–12” after “educational purposes”. See 2002 Amendment note above. - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(d)], added cl. (viii). - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(a)(1)], substituted “qualified computer contribution” for “qualified elementary or secondary educational contribution” in introductory provisions. - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(e)], added subpar. (D) and redesignated former subpar. (D) as (E). Former subpar. (E) redesignated (F). - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(e)], redesignated subpar. (E) as (F). Former subpar. (F) redesignated (G). - § 170(e)(6): Pub. L. 106–554, § 1(a)(7) [title I, § 165(c)], substituted “December 31, 2003” for “December 31, 2000”. - § 170(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 - § 196(c)(9): Pub. L. 106–554 added par. (9). ## § 198: Expensing of environmental remediation costs - § 198(c): Pub. L. 106–554, § 1(a)(7) [title I, § 162(a)], amended subsec. (c) generally. Prior to amendment, subsec. (c) defined the term “qualified contaminated site” to include certain property described in section 1221(a)(1) of this title, within a targeted area, and at which there had been a release or disposal of any hazardous substance, provided that an area could be treated as a qualified contaminated site only if the taxpayer received a certain statement from an appropriate State agency, provided for designation of appropriate State agencies, and defined targeted area. - § 198(h): Pub. L. 106–554, § 1(a)(7) [title I, § 162(b)], substituted “2003” for “2001”. ## § 219: Retirement savings - § 219(c)(1)(B)(ii)(II), § 219(c)(1)(B)(ii)(III): Pub. L. 106–554 added subcl. (II) and redesignated former subcl. (II) as (III). ## § 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 catchline. - § 220(a), § 220(b)(5): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”. - § 220(a), § 220(b)(5): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account” wherever appearing. - § 220(c)(1)(C): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(7)], substituted “Archer MSAs” for “medical savings accounts” in heading. - § 220(c)(1)(C)(i): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”. - § 220(c)(1)(C)(i): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(c)(1)(D): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”. - § 220(c)(4)(C)(ii): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(d): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(4)], substituted “Archer MSA” for “Medical savings account” in heading. - § 220(d)(1): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(5)], substituted “Archer MSA” for “Medical savings account” in heading. - § 220(d)(1): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4), (b)(3)], in introductory provisions, substituted “Archer MSA” for “medical savings account” and inserted “as a medical savings account” after “United States”. - § 220(d)(2)(C), § 220(d)(3): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(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 exempt” and “ceased to be an Archer MSA” for “ceased to be a Archer MSA”. - § 220(e)(1): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account” in two places. - § 220(e)(2): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”. - § 220(f): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA” wherever appearing. - § 220(f): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4), (b)(2)(B)], substituted “Archer MSA” for “medical savings account” wherever appearing and “Archer MSAs” for “medical savings accounts” in introductory provisions of par. (3)(A). - § 220(h): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”. - § 220(h): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(i): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(6)], substituted “Archer MSAs” for “medical savings accounts” in heading. - § 220(i)(2)(A), § 220(i)(2)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 201(a)], substituted “2002” for “2000”. - § 220(i)(3)(A): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(i)(3)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 201(a)], substituted “2002” for “2000” in heading and introductory provisions. - § 220(i)(4)(A): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(i)(4)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”. - § 220(i)(5)(A): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(j)(1): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts” in introductory provisions. - § 220(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 and in introductory provisions of subpars. (A) and (B). - § 220(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 (750,000 in the case of 1999)” in concluding provisions. - § 220(j)(2)(B)(ii): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”. - § 220(j)(2)(C): Pub. L. 106–554, § 1(a)(7) [title II, § 201(b)(1)(C)], added subpar. (C). - § 220(j)(3)(A), § 220(j)(3)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(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 provisions. - § 220(j)(4)(A): Pub. L. 106–554, § 1(a)(7) [title II, §§ 201(b)(2), 202(a)(4)], in introductory provisions, substituted “1999, and 2001” for “and 1999” and “Archer MSA” for “medical savings account”. - § 220(j)(4)(A)(i): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(B)], substituted “Archer MSAs” for “medical savings accounts”. - § 220(j)(4)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”. - § 220(j)(4)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(4)], substituted “Archer MSA” for “medical savings account”. - § 220(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 places. ## § 280C: Certain expenses for which credits are allowable - § 280C(c)(1): Pub. L. 106–554 struck out “or credit” after “deduction” in two places. ## § 357: Assumption of liability - § 357(d)(1): Pub. L. 106–554 inserted “section 358(h),” after “section 358(d),” in introductory provisions. ## § 358: Basis to distributees - § 358(h): Pub. L. 106–554 added subsec. (h). ## § 401: Qualified pension, profit-sharing, and stock bonus plans - § 401(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 - § 403(b)(3)(B): Pub. L. 106–554 substituted “section 125, 132(f)(4), or” for “section 125 or”. ## § 408: Individual retirement accounts - § 408(d)(5): Pub. L. 106–554 amended heading generally. Prior to amendment, heading read as follows: “Certain distributions of excess contributions after due date for taxable year”. ## § 414: Definitions and special rules - § 414(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 - § 415(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 - § 469(i)(3)(C), § 469(i)(3)(D), § 469(i)(3)(E), § 469(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 (D) to (F), respectively, and generally amended heading and text of subpar. (E), as redesignated. Prior to amendment, text read as follows: “If subparagraph (B) or (C) applies for any taxable year, paragraph (1) shall be applied— - § 469(i)(6)(B): Pub. L. 106–554, § 1(a)(7) [title I, § 101(b)(3)(B)], substituted “, rehabilitation credit, or commercial revitalization deduction” for “or rehabilitation credit” in heading. - § 469(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 - § 475(g)(3): Pub. L. 106–554 substituted “267(b) or” for “267(b) of”. ## § 529: Qualified tuition programs - § 529(e)(3)(B): Pub. L. 106–554 struck out “under guaranteed plans” after “students” in heading. ## § 530: Coverdell education savings accounts - § 530(d)(4)(B)(iii): Pub. L. 106–554 substituted a comma for a semicolon before “or” at end. ## § 664: Charitable remainder trusts - § 664(d)(1)(C), § 664(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 - § 678(e): Pub. L. 106–554 substituted “an S corporation” for “an electing small business corporation”. ## § 848: Capitalization of certain policy acquisition expenses - § 848(e)(1)(B)(iv): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer MSA” for “a Archer MSA”. - § 848(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 - § 856(c)(7): Pub. L. 106–554, § 1(a)(7) [title III, § 319(9)], substituted “paragraph (4)(B)(iii)(III)” for “paragraph (4)(B)(ii)(III)” in introductory provisions. - § 856(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 - § 857(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) shall not apply to amounts received directly or indirectly by a real estate investment trust for services described in paragraph (1)(B) or (7)(C)(i) of section 856(d).” ## § 871: Tax on nonresident alien individuals - § 871(f)(2)(B): Pub. L. 106–554 inserted opening parenthesis before “19 U.S.C.”. ## § 995: Taxation of DISC income to shareholders - § 995(b)(3)(B): Pub. L. 106–554, § 1(a)(7) [title III, § 319(12)], substituted “section 38 of the International Security Assistance and Arms Export Control Act of 1976 (22 U.S.C. 2778)” for “the Military Security Act of 1954 (22 U.S.C. 1934)”. - § 995(f)(4): Pub. L. 106–554, § 1(a)(7) [title III, § 307(c)], substituted “the average of the 1-year constant maturity Treasury yields, as published by the Board of Governors of the Federal Reserve System, for the 1-year period” for “the average investment yield of United States Treasury bills with maturities of 52 weeks which were auctioned during the 1-year period”. ## § 1016: Adjustments to basis - § 1016(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 - § 1032(a): Pub. L. 106–554 inserted “, or with respect to a securities futures contract (as defined in section 1234B),” after “an option” in second sentence. ## § 1091: Loss from wash sales of stock or securities - § 1091(f): Pub. L. 106–554 added subsec. (f). ## § 1092: Straddles - § 1092(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. - § 1202(a): Pub. L. 106–554, § 1(a)(7) [title I, § 117(a)], amended heading and text of subsec. (a) generally. Prior to amendment, text read as follows: “In the case of a taxpayer other than a corporation, gross income shall not include 50 percent of any gain from the sale or exchange of qualified small business stock held for more than 5 years.” ## § 1223: Holding period of property - § 1223(15): Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(2)], amended par. (15) generally. Prior to amendment, par. (15) read as follows: “In determining the period for which the taxpayer has held property the acquisition of which resulted under section 1045 in the nonrecognition of any part of the gain realized on the sale of other property, there shall be included the period for which such other property has been held as of the date of such sale.” - § 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 - § 1233(e)(2)(D): Pub. L. 106–554 added subpar. (D). ## § 1234A: Gains or losses from certain terminations - § 1234A(1): Pub. L. 106–554, § 1(a)(7) [title IV, § 401(b)(1)], inserted “(other than a securities futures contract, as defined in section 1234B)” after “right or obligation”. - § 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 - Enacted 26 U.S.C. § 1234B. ## § 1256: Section 1256 contracts marked to market - § 1256(b): Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(1)(A)], added par. (5) and concluding provisions. - § 1256(f)(4): Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(2)], inserted “and dealer securities futures contracts” after “dealer equity options” in heading and “, or dealer securities futures contracts,” after “dealer equity options” in introductory provisions. - § 1256(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, text read as follows: - § 1256(g)(9): Pub. L. 106–554, § 1(a)(7) [title IV, § 401(g)(1)(B)], added par. (9). ## § 1275: Other definitions and special rules - § 1275(a)(1)(B)(ii): Pub. L. 106–554, in introductory provisions, substituted “subchapter L (or by an entity described in section 501(c) and exempt from tax under section 501(a) which would be subject to tax under subchapter L were it not so exempt)” for “subchapter L”. ## § 1361: S corporation defined - § 1361(e)(1)(A)(i): Pub. L. 106–554 added subcl. (IV). ## § 1391: Designation procedure - § 1391(d)(1)(A): Pub. L. 106–554, § 1(a)(7) [title I, § 112], amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: “the close of the 10th calendar year beginning on or after such date of designation,”. - § 1391(g)(3)(C): Pub. L. 106–554, § 1(a)(7) [title III, § 319(13)], substituted “paragraph (1)” for “paragraph (1)(B)”. - § 1391(h): Pub. L. 106–554, § 1(a)(7) [title I, § 111], added subsec. (h). ## § 1394: Tax-exempt enterprise zone facility bonds - § 1394(b)(2): Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(3)(A)], substituted “section 1397D” for “section 1397C” in introductory provisions. - § 1394(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)”. - § 1394(b)(3): Pub. L. 106–554, § 1(a)(7) [title I, § 116(b)(4)(A)], substituted “section 1397C” for “section 1397B” wherever appearing. - § 1394(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)”. - § 1394(f)(3): Pub. L. 106–554, § 1(a)(7) [title I, § 115(a)], amended heading and text of par. (3) generally. Prior to amendment, text read as follows: “For purposes of this subsection, the term ‘new empowerment zone facility bond’ means any bond which would be described in subsection (a) if only empowerment zones designated under section 1391(g) were taken into account under sections 1397B and 1397C.” ## § 1396: Empowerment zone employment credit - § 1396(b): Pub. L. 106–554, § 1(a)(7) [title I, § 113(a)], amended subsec. (b) generally, substituting provisions establishing an applicable percentage of 20 percent for provisions setting out tables for determining the applicable percentage. - § 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 section shall be applied without regard to any empowerment zone designated under section 1391(g).” ## § 1397A: Increase in expensing under section 179 - § 1397A(a)(1)(A): Pub. L. 106–554, § 1(a)(7) [title I, § 114(a)], substituted “$35,000” for “$20,000”. - § 1397A(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 purposes of this section, qualified zone property shall not include any property substantially all of the use of which is in any parcel described in section 1391(g)(3)(A)(iii).” ## § 1397B: Nonrecognition of gain on rollover of empowerment zone investments - Enacted 26 U.S.C. § 1397B. ## § 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 - § 2035(c)(2): Pub. L. 106–554, § 1(a)(7) [title III, § 319(14)(A)], substituted “subsection (a)” for “paragraph (1)”. - § 2035(d): Pub. L. 106–554, § 1(a)(7) [title III, § 319(14)(B)], inserted “and paragraph (1) of subsection (c)” after “Subsection (a)”. ## § 3121: Definitions - § 3121(a)(5)(G): Pub. L. 106–554 substituted a comma for the semicolon at end. ## § 3231: Definitions - § 3231(e)(10): Pub. L. 106–554 substituted “Archer MSA” for “Medical savings account” in heading. ## § 3306: Definitions - § 3306(c)(7): Pub. L. 106–554, § 1(a)(7) [title I, § 166(a)], inserted “or in the employ of an Indian tribe,” after “service performed in the employ of a State, or any political subdivision thereof,” and “or Indian tribes” after “wholly owned by one or more States or political subdivisions”. - § 3306(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 - § 3309(a)(2): Pub. L. 106–554, § 1(a)(7) [title I, § 166(b)(1)], inserted “, including an Indian tribe,” after “the State law shall provide that a governmental entity”. - § 3309(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. - § 3309(b)(3)(E): Pub. L. 106–554, § 1(a)(7) [title I, § 166(b)(3)], inserted “or tribal” after “the State”. - § 3309(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 political subdivision thereof”. - § 3309(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 - § 3405(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 - § 4946(c)(3)(B): Pub. L. 106–554 substituted “the lowest rate of basic pay for the Senior Executive Service under section 5382” for “the lowest rate of compensation prescribed for GS–16 of the General Schedule under section 5332”. ## § 4973: Tax on excess contributions to certain tax-favored accounts and annuities - § 4973(a)(2): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer” for “a Archer”. - § 4973(a)(2): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(6)], substituted “Archer MSA” for “medical savings account”. - § 4973(d): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(6), (b)(2)(C), (6)], substituted “Archer MSAs” for “medical savings accounts” in heading, “Archer MSAs” for “medical savings accounts” in introductory provisions, and “Archer MSA” for “medical savings account” in concluding provisions. ## § 4975: Tax on prohibited transactions - § 4975(c)(4): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer” for “a Archer”. - § 4975(c)(4): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(7), (b)(7)], substituted “Archer MSAs” for “medical savings accounts” in heading and “Archer MSA” for “medical savings account” in text. - § 4975(e)(1)(D): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(10)], substituted “an Archer” for “a Archer”. - § 4975(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 - § 4980E(a): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(8)], substituted “Archer MSA” for “medical savings account”. - § 4980E(b), § 4980E(d)(1): Pub. L. 106–554, § 1(a)(7) [title II, § 202(b)(2)(D)], substituted “Archer MSAs” for “medical savings accounts”. - § 4980E(d)(2)(B): Pub. L. 106–554, § 1(a)(7) [title II, § 202(a)(8)], substituted “Archer MSA” for “medical savings account”. ## § 5702: Definitions - § 5702(f): Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsec. (g) as (f) and struck out former subsec. (f), which defined “cigarette papers”. - § 5702(g): Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsec. (h) as (g). Former subsec. (g) redesignated (f). - § 5702(h): Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(B)], redesignated subsec. (i) as (h). Former subsec. (h) redesignated (g). - § 5702(h): Pub. L. 106–554, § 1(a)(7) [title III, § 315(a)(2)(A)], amended heading and text of subsec. (h) generally. Prior to amendment, text read as follows: “ ‘Manufacturer of cigarette papers and tubes’ means any person who makes up cigarette paper into books or sets containing more than 25 papers each, or into tubes, except for his own personal use or consumption.” - § 5702(i), § 5702(j), § 5702(k), § 5702(l), § 5702(m), § 5702(n), § 5702(o), § 5702(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 - § 5761(c): Pub. L. 106–554 inserted at end “This subsection and section 5754 shall not apply to any person who relands or receives tobacco products in the quantity allowed entry free of tax and duty under chapter 98 of the Harmonized Tariff Schedule of the United States, and such person may voluntarily relinquish to the Secretary at the time of entry any excess of such quantity without incurring the penalty under this subsection. No quantity of tobacco products other than the quantity referred to in the preceding sentence may be relanded or received as a personal use quantity.” ## § 6015: Relief from joint and several liability on joint return - § 6015(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 year is asserted but” for “shall be made”. - § 6015(e)(1): Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(A)], inserted “against whom a deficiency has been asserted and” after “individual” in introductory provisions. - § 6015(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 amendment, text read as follows: “The individual may petition the Tax Court (and the Tax Court shall have jurisdiction) to determine the appropriate relief available to the individual under this section if such petition is filed during the 90-day period beginning on the date on which the Secretary mails by certified or registered mail a notice to such individual of the Secretary’s determination of relief available to the individual. Notwithstanding the preceding sentence, an individual may file such petition at any time after the date which is 6 months after the date such election is filed with the Secretary and before the close of such 90-day period.” - § 6015(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 subparagraph (A)(ii)” for “until the expiration of the 90-day period described in subparagraph (A)” and inserted “under subparagraph (A)” after “filed with the Tax Court”. - § 6015(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 amendment, text read as follows: “The running of the period of limitations in section 6502 on the collection of the assessment to which the petition under paragraph (1)(A) relates shall be suspended for the period during which the Secretary is prohibited by paragraph (1)(B) from collecting by levy or a proceeding in court and for 60 days thereafter.” - § 6015(e)(3): Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(2)(B)], amended par. (3) generally, substituting “Limitation on Tax Court jurisdiction” for “Applicable rules” in heading and restating provisions relating to limitations on the Tax Court’s jurisdiction and eliminating provisions relating to res judicata and allowance of credits or refunds in text. - § 6015(e)(5): Pub. L. 106–554, § 1(a)(7) [title III, § 313(a)(3)(D)(i)], added par. (5). - § 6015(g), § 6015(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 - § 6051(a)(11): Pub. L. 106–554 substituted “Archer MSA” for “medical savings account”. ## § 6103: Confidentiality and disclosure of returns and return information - § 6103(b)(2)(D): Pub. L. 106–554, § 1(a)(7) [title III, § 304(a)], added subpar. (D). - § 6103(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 follows: “if the corporation was an electing small business corporation under subchapter S of chapter 1, any person who was a shareholder during any part of the period covered by such return during which an election was in effect, or”. - § 6103(j)(6): Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(1)], added par. (6). - § 6103(k)(6): Pub. L. 106–554, § 1(a)(7) [title III, § 313(c)], substituted “certain” for “internal revenue” in heading and inserted “and an officer or employee of the Office of Treasury Inspector General for Tax Administration” after “internal revenue officer or employee” in text. - § 6103(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 Congressional Budget Office,” after “General Accounting Office,”, struck out second comma after “(13)”, and substituted “(7), (8), (9), (12), (15), or (16) or any other person described in subsection (l)(16) shall, as a condition” for “(7), (8), (9), (12), or (15) shall, as a condition”, and in concluding provisions, inserted “or the Congressional Budget Office” after “General Accounting Office” in two places. - § 6103(p)(4)(E): Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(2)(A)(ii)], substituted “commission, the General Accounting Office, or the Congressional Budget Office” for “commission or the General Accounting Office”. - § 6103(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 substituted “the General Accounting Office, or the Congressional Budget Office,” for “or the General Accounting Office,”. - § 6103(p)(5): Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(2)(B)], substituted “commissions, the General Accounting Office, and the Congressional Budget Office” for “commissions and the General Accounting Office”. - § 6103(p)(6)(A): Pub. L. 106–554, § 1(a)(7) [title III, § 310(a)(2)(C)], inserted “and the Congressional Budget Office” after “commissions”. ## § 6104: Publicity of information required from certain exempt organizations and certain trusts - § 6104(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 - Enacted 26 U.S.C. § 6105. ## § 6110: Public inspection of written determinations - § 6110(b)(1): Pub. L. 106–554, § 1(a)(7) [title III, § 304(c)(1)], amended heading and text of par. (1) generally. Prior to amendment, text read as follows: “The term ‘written determination’ means a ruling, determination letter, technical advice memorandum, or Chief Counsel advice. Such term shall not include any advance pricing agreement entered into by a taxpayer and the Secretary and any background information related to such agreement or any application for an advance pricing agreement.” - § 6110(g)(5)(A): Pub. L. 106–554, § 1(a)(7) [title III, § 313(e)], inserted “, any Chief Counsel advice,” after “technical advice memorandum”. - § 6110(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 - § 6166(k)(5): Pub. L. 106–554 substituted “2035(c)(2)” for “2035(d)(4)”. ## § 6211: Definition of a deficiency - § 6211(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 - § 6330(d)(1): Pub. L. 106–554, § 1(a)(7) [title III, § 313(d)], substituted “with respect to” for “to hear”. - § 6330(e)(1): Pub. L. 106–554, § 1(a)(7) [title III, § 313(b)(2)(A)], inserted at end “Notwithstanding the provisions of section 7421(a), the beginning of a levy or proceeding during the time the suspension under this paragraph is in force may be enjoined by a proceeding in the proper court, including the Tax Court. The Tax Court shall have no jurisdiction under this paragraph to enjoin any action or proceeding unless a timely appeal has been filed under subsection (d)(1) and then only in respect of the unpaid tax or proposed levy to which the determination being appealed relates.” ## § 6331: Levy and distraint - § 6331(k)(3): Pub. L. 106–554 substituted “(3) and (4)” for “(3), (4), and (5)”. ## § 6405: Reports of refunds and credits - § 6405(a), § 6405(b): Pub. L. 106–554 substituted “$2,000,000” for “$1,000,000”. ## § 6411: Tentative carryback and refund adjustments - § 6411(a): Pub. L. 106–554 substituted “subsection (a)(1) or (c) of section 1212” for “section 1212(a)(1)” in introductory provisions. ## § 6512: Limitations in case of petition to Tax Court - § 6512(a)(1), § 6512(a)(2), § 6512(a)(5): Pub. L. 106–554 substituted a comma for a semicolon before “and” at end. ## § 6611: Interest on overpayments - § 6611(g)(1): Pub. L. 106–554 struck out comma after “(b)(3)”. ## § 6655: Failure by corporation to pay estimated income tax - § 6655(e)(5)(A), § 6655(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 - § 6693(a)(2)(B): Pub. L. 106–554 substituted “Archer MSAs” for “medical savings accounts”. ## § 6724: Waiver; definitions and special rules - § 6724(d)(1)(B)(xiv), § 6724(d)(1)(B)(xv), § 6724(d)(1)(B)(xvi), § 6724(d)(1)(B)(xvii): Pub. L. 106–554, § 1(a)(7) [title III, § 319(23)(A)], added cls. (xiv) to (xvii) and struck out former cls. (xiv) to (xvii) which read as follows: - § 6724(d)(2)(AA): Pub. L. 106–554, § 1(a)(7) [title III, § 319(23)(B)], made a technical amendment to directory language of Pub. L. 105–206, § 6010(o)(4)(C). See 1998 Amendment note below. ## § 7421: Prohibition of suits to restrain assessment or collection - § 7421(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 - § 7430(c)(3): Pub. L. 106–554, § 1(a)(7) [title III, § 319(25)(A)], substituted “Attorneys’ ” for “Attorneys” in heading. - § 7430(c)(3)(B): Pub. L. 106–554, § 1(a)(7) [title III, § 319(25)(B)], substituted “attorneys’ fees” for “attorneys fees” wherever appearing. ## § 7436: Proceedings for determination of employment status - § 7436(a): Pub. L. 106–554 inserted “and the proper amount of employment tax under such determination” before period at end of first sentence. ## § 7463: Disputes involving $50,000 or less - § 7463(f): Pub. L. 106–554 added subsec. (f). ## § 7603: Service of summons - § 7603(b)(2)(A), § 7603(b)(2)(B), § 7603(b)(2)(C), § 7603(b)(2)(D), § 7603(b)(2)(E), § 7603(b)(2)(F), § 7603(b)(2)(G): Pub. L. 106–554 substituted a comma for semicolon at end. ## § 7608: Authority of internal revenue enforcement officers - § 7608(c): Pub. L. 106–554 substituted “January 1, 2006” for “January 1, 2001” in subpar. (B) and concluding provisions. ## § 7701: Definitions - § 7701(m), § 7701(n): Pub. L. 106–554 added subsec. (m) and redesignated former subsec. (m) as (n). ## § 7702A: Modified endowment contract defined - § 7702A(a)(2): Pub. L. 106–554, § 1(a)(7) [title III, § 318(a)(1)], inserted “or this paragraph” before period at end. - § 7702A(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 contract”, was repealed by Pub. L. 107–147. See Construction of 2002 Amendment note below. ## § 7802: Internal Revenue Service Oversight Board - § 7802(b)(2)(B)(ii): Pub. L. 106–554 substituted a comma for semicolon before “and”. ## § 7811: Taxpayer Assistance Orders - § 7811(a)(3): Pub. L. 106–554, § 1(a)(7) [title III, § 319(28)], substituted “Taxpayer Assistance Order” for “taxpayer assistance order”. - § 7811(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 - § 7872(f)(3): Pub. L. 106–554 substituted “forgoing” for “foregoing”. ## § 9503: Highway Trust Fund - § 9503(b)(5), § 9503(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: “For purposes of this section, the amounts which would (but for this paragraph) be required to be appropriated under subparagraphs (A) and (E) of paragraph (1) shall be reduced by— ## § 9510: Vaccine Injury Compensation Trust Fund - § 9510(c)(1)(A): Pub. L. 106–554 substituted “October 18, 2000” for “December 31, 1999”.