Pub. L. 109-432 Dec. 20, 2006

120 Stat. 2945 · Changed 79 sections of the Code

Bill H.R. 6111 · Bluebook JCT general explanation (2007)

§ 25D Residential clean energy credit

  • (a)(1) (b)(1) Pub. L. 109–432, § 206(b)(1), substituted “solar electric property expenditures” for “photovoltaic property…
  • (d)(2) Pub. L. 109–432, § 206(b)(2), substituted “solar electric property expenditure” for “photovoltaic property expenditure”…
  • (e)(4)(A) Pub. L. 109–432, § 206(b)(1), substituted “solar electric property expenditures” for “photovoltaic property…
  • (g) Pub. L. 109–432, § 206(a), substituted “2008” for “2007”.

§ 32 Earned income

  • (c)(2)(B)(vi) Pub. L. 109–432 substituted “2008” for “2007”.

§ 38 General business credit

  • (b)(29) (b)(30) (b)(31) Pub. L. 109–432 struck out “and” at end of par. (29), substituted “, plus” for period at end of par. (30), and added…

§ 41 Credit for increasing research activities

  • (c)(4)(A) Pub. L. 109–432, § 104(b)(1)(A), substituted “3 percent” for “2.65 percent”.
  • (c)(4)(A) Pub. L. 109–432, § 104(b)(1)(B), substituted “4 percent” for “3.2 percent”.
  • (c)(4)(A) Pub. L. 109–432, § 104(b)(1)(C), substituted “5 percent” for “3.75 percent”.
  • (c)(5) (c)(6) (c) Pub. L. 109–432, § 104(c)(1), added par. (5) and redesignated former pars. (5) and (6) as (6) and (7), respectively.
  • (h)(1) Pub. L. 109–432, § 104(a)(1), substituted “2007” for “2005”.

§ 45 Electricity produced from certain renewable resources, etc.

§ 45A Indian employment credit

  • (f) Pub. L. 109–432 substituted “2007” for “2005”.

§ 45C Clinical testing expenses for certain drugs for rare diseases or conditions

  • (b)(1) Pub. L. 109–432 substituted “2007” for “2005”.

§ 45D New markets tax credit

  • (f)(1)(D) Pub. L. 109–432, § 102(a), substituted “, 2007, and 2008” for “and 2007”.
  • (i)(6) Pub. L. 109–432, § 102(b), added par. (6).

§ 45G Railroad track maintenance credit

  • (d) Pub. L. 109–432 inserted “gross” after “means” and “(determined without regard to any consideration for such…

§ 45K Credit for producing fuel from a nonconventional source

  • (g)(1) Pub. L. 109–432, § 211(b), inserted “(other than from petroleum based products)” after “producing coke or coke gas” in…
  • (g)(2)(D) Pub. L. 109–432, § 211(a), added subpar. (D).

§ 45L New energy efficient home credit

  • (g) Pub. L. 109–432 substituted “2008” for “2007”.

§ 45N Mine rescue team training credit

§ 48 Energy credit

  • (a)(2)(A)(i)(II) (a)(3)(A)(ii) Pub. L. 109–432, § 207(1), substituted “January 1, 2009” for “January 1, 2008”.
  • (c)(1)(E) (c)(2) Pub. L. 109–432, § 207(2), substituted “December 31, 2008” for “December 31, 2007”.

§ 48A Qualifying advanced coal project credit

  • (f)(1) Pub. L. 109–432 inserted concluding provisions.

§ 51 Amount of credit

  • (c)(4) Pub. L. 109–432, § 105(a), substituted “2007” for “2005”.
  • (d)(1)(I) Pub. L. 109–432, § 105(e)(1), added subpar. (I).
  • (d)(4) Pub. L. 109–432, § 105(b), inserted “and” at end of subpar. (A), substituted a period for “, and” at end of subpar.…
  • (d)(8)(A)(i) Pub. L. 109–432, § 105(c), substituted “40” for “25”.
  • (d)(10) (d)(11) (d)(12) Pub. L. 109–432, § 105(e)(2), added par. (10) and redesignated former pars. (10) and (11) as (11) and (12)…
  • (d)(12) Pub. L. 109–432, § 105(d), substituted “28th day” for “21st day”.
  • (d)(13) Pub. L. 109–432, § 105(e)(2), redesignated par. (12) as (13).
  • (e) Pub. L. 109–432, § 105(e)(3), added subsec. (e).

§ 53 Credit for prior year minimum tax liability

  • (e) Pub. L. 109–432 added subsec. (e).

§ 62 Adjusted gross income defined

  • (a)(2)(D) Pub. L. 109–432, § 108(a), substituted “2005, 2006, or 2007” for “or 2005”.
  • (a)(21) Pub. L. 109–432, § 406(a)(3), added par. (21).

§ 106 Contributions by employer to accident and health plans

  • (e) Pub. L. 109–432 added subsec. (e).

§ 121 Exclusion of gain from sale of principal residence

  • (d)(9) Pub. L. 109–432, § 417(d), substituted “Uniformed services, Foreign Service, and intelligence community” for “Members…
  • (d)(9)(A) Pub. L. 109–432, § 417(a), substituted “duty—
  • (d)(9)(C)(iv) (d)(9)(C)(v) Pub. L. 109–432, § 417(b), added cl. (iv) and redesignated former cl. (iv) as (v).
  • (d)(9)(C) Pub. L. 109–432, § 417(c), added cl. (vi).

§ 143 Mortgage revenue bonds: qualified mortgage bond and qualified veterans’ mortgage bond

  • (d)(2)(D) Pub. L. 109–432, § 416(a), added subpar. (D).
  • (l)(3)(B) Pub. L. 109–432, § 411(a), struck out heading and text of cl. (iv). Text read as follows: “The State veterans limit for…

§ 163 Interest

  • (h)(3)(E) Pub. L. 109–432, § 419(a), added subpar. (E).
  • (h)(4)(E) (h)(4) Pub. L. 109–432, § 419(b), added subpars. (E) and (F).

§ 164 Taxes

  • (b)(5) Pub. L. 109–432 substituted “2008” for “2006”.

§ 168 Accelerated cost recovery system

  • (e)(3)(E)(iv) (e)(3)(E)(v) Pub. L. 109–432, § 113(a), substituted “2008” for “2006”.
  • (j)(8) Pub. L. 109–432, § 112(a), substituted “2007” for “2005”.
  • (l) Pub. L. 109–432, § 209(a), added subsec. (l).

§ 170 Charitable, etc., contributions and gifts

  • (e)(4)(B)(ii) Pub. L. 109–432, § 116(b)(1)(A), inserted “or assembled” after “constructed”.
  • (e)(4)(B)(iii) Pub. L. 109–432, § 116(b)(1)(B), inserted “or assembly” after “construction”.
  • (e)(6) Pub. L. 109–432, § 116(b)(2)(A), inserted “or assembled” after “constructed” and “or assembling” after “construction”.
  • (e)(6) Pub. L. 109–432, § 116(b)(2)(B), inserted “or assembled” after “constructed” in introductory provisions and “or…
  • (e)(6) Pub. L. 109–432, § 116(a)(1), substituted “2007” for “2005”.

§ 179D Energy efficient commercial buildings deduction

  • (h) Pub. L. 109–432 substituted “2008” for “2007”.

§ 179E Election to expense advanced mine safety equipment

§ 198 Expensing of environmental remediation costs

  • (d)(1)(C) Pub. L. 109–432, § 109(b), added subpar. (C).
  • (h) Pub. L. 109–432, § 109(a), substituted “2007” for “2005”.

§ 220 Archer MSAs

  • (i)(2) (i)(3)(B) Pub. L. 109–432, § 117(a), substituted “2007” for “2005” wherever appearing in headings and text.
  • (j)(2) Pub. L. 109–432, § 117(b)(1), substituted “2004, 2005, or 2006” for “or 2004” in heading and in introductory provisions…
  • (j)(4)(A) Pub. L. 109–432, § 117(b)(2), substituted “2004, 2005, and 2006” for “and 2004” in introductory provisions.

§ 223 Health savings accounts

  • (b)(2)(A) Pub. L. 109–432, § 303(a)(1), substituted “$2,250.” for “the lesser of—
  • (b)(2)(B) Pub. L. 109–432, § 303(a)(2), substituted “$4,500.” for “the lesser of—
  • (b)(4)(C) Pub. L. 109–432, § 307(b), added subpar. (C).
  • (b)(8) Pub. L. 109–432, § 305(a), added par. (8).
  • (c)(1)(B)(iii) Pub. L. 109–432, § 302(b), added cl. (iii).
  • (d)(1)(A)(ii)(I) Pub. L. 109–432, § 303(b), substituted “subsection (b)(2)(B)” for “subsection (b)(2)(B)(ii)”.
  • (g)(1) Pub. L. 109–432, § 304, inserted concluding provisions.

§ 263 Capital expenditures

  • (a)(1) Pub. L. 109–432 added subpar. (L).

§ 280C Certain expenses for which credits are allowable

  • (e) Pub. L. 109–432 added subsec. (e).

§ 312 Effect on earnings and profits

  • (k)(3)(B) Pub. L. 109–432 substituted “179D, or 179E” for “or 179D” in heading and two places in text.

§ 355 Distribution of stock and securities of a controlled corporation

  • (b)(3)(A) (b)(3)(D) Pub. L. 109–432 struck out “and on or before December 31, 2010” after “this paragraph” in subpar. (A) and after “such…

§ 408 Individual retirement accounts

  • (d)(9) Pub. L. 109–432 added par. (9).

§ 468B Special rules for designated settlement funds

  • (g) Pub. L. 109–432 struck out heading and text of par. (3). Text read as follows: “Paragraph (2) shall not apply to…

§ 613A Limitations on percentage depletion in case of oil and gas wells

  • (c)(6) Pub. L. 109–432 substituted “2008” for “2006”.

§ 664 Charitable remainder trusts

  • (c) Pub. L. 109–432 amended heading and text of subsec. (c) generally. Prior to amendment, text read as follows: “A…

§ 954 Foreign base company income

  • (c)(6)(A) Pub. L. 109–432, in first sentence, substituted “which is neither subpart F income nor income treated as effectively…

§ 1043 Sale of property to comply with conflict-of-interest requirements

  • (b)(1)(A) Pub. L. 109–432, § 418(a)(1)(A), inserted “, or a judicial officer,” after “executive branch”.
  • (b)(1)(B) (b)(2)(A) Pub. L. 109–432, § 418(a)(1)(B), (2)(A), inserted “judicial canon,” after “rule,”.
  • (b)(2)(B) Pub. L. 109–432, § 418(a)(2)(B), inserted “in the case of executive branch officers or employees, or by the Judicial…
  • (b)(5)(B) Pub. L. 109–432, § 418(a)(3), inserted “judicial canon,” after “rule,”.
  • (b)(6) Pub. L. 109–432, § 418(b), added par. (6).

§ 1221 Capital asset defined

  • (b)(3) Pub. L. 109–432 struck out “before January 1, 2011,” after “exchanged”.

§ 1245 Gain from dispositions of certain depreciable property

§ 1355 Definitions and special rules

  • (a)(4) Pub. L. 109–432, § 413(a), substituted “6,000” for “10,000 (6,000, in the case of taxable years beginning after…
  • (g) (h) Pub. L. 109–432, § 415(a), added subsec. (g) and redesignated former subsec. (g) as (h).

§ 4041 Imposition of tax

  • (b)(2)(B) Pub. L. 109–432, § 208(c), substituted “and ethanol fuel produced from coal” for “or ethanol fuel” in heading.
  • (b)(2)(C)(ii) Pub. L. 109–432, § 208(b), substituted “2008” for “2007”.
  • (b)(2)(D) Pub. L. 109–432, § 208(a), substituted “January 1, 2009” for “October 1, 2007”.

§ 4082 Exemptions for diesel fuel and kerosene

  • (d)(2)(B) Pub. L. 109–432 substituted “6427(l)(5)(B)” for “6427(l)(6)(B)”.

§ 4132 Definitions and special rules

§ 4980G Failure of employer to make comparable health savings account contributions

  • (d) Pub. L. 109–432 added subsec. (d).

§ 5382 Cellar treatment of natural wine

  • (a)(1)(A) Pub. L. 109–432 substituted “correct or stabilize” for “stabilize”.

§ 5388 Designation of wines

  • (c)(3) Pub. L. 109–432 added par. (3).

§ 5754 Restriction on importation of previously exported tobacco products

  • (c)(1) Pub. L. 109–432 substituted “5761(d)” for “5761(c)”.

§ 5761 Civil penalties

  • (c) Pub. L. 109–432, § 401(f)(2)(A), struck out at end “This subsection and section 5754 shall not apply to any person who…
  • (d) (e) (f) Pub. L. 109–432, § 401(f)(1), added subsec. (d) and redesignated former subsecs. (d) and (e) as (e) and (f)…

§ 6015 Relief from joint and several liability on joint return

  • (e)(1) Pub. L. 109–432, § 408(a), inserted “, or in the case of an individual who requests equitable relief under subsection…
  • (e)(1)(A)(i)(II) Pub. L. 109–432, § 408(b)(1), inserted “or request is made” after “filed”.
  • (e)(1)(B)(i) Pub. L. 109–432, § 408(b)(2), inserted “or requesting equitable relief under subsection (f)” after “subsection (b) or…
  • (e)(1)(B)(ii) Pub. L. 109–432, § 408(b)(3), inserted “or to which the request under subsection (f) relates” before period at end.
  • (e)(4) Pub. L. 109–432, § 408(b)(4), inserted “or the request for equitable relief under subsection (f)” after “subsection (b)…
  • (e)(5) Pub. L. 109–432, § 408(b)(5), inserted “or who requests equitable relief under subsection (f)” after “subsection (b) or…
  • (g)(2) Pub. L. 109–432, § 408(b)(6), inserted “or of any request for equitable relief under subsection (f)” after “subsection…
  • (h)(2) Pub. L. 109–432, § 408(b)(7), inserted “or a request for equitable relief made under subsection (f)” after “subsection…

§ 6039 Returns required in connection with certain options

  • § 6039 Pub. L. 109–432, § 403(c)(3), substituted “Returns” for “Information” in section catchline.
  • (a) Pub. L. 109–432, § 403(a), (c)(4), substituted “Requirement of reporting” for “Furnishing of information” in heading…
  • (b) (c) (d) Pub. L. 109–432, § 403(b), added subsec. (b) and redesignated former subsecs. (b) and (c) as (c) and (d), respectively.

§ 6050H Returns relating to mortgage interest received in trade or business from individuals

  • (h) Pub. L. 109–432 added subsec. (h).

§ 6103 Confidentiality and disclosure of returns and return information

  • (b)(5) Pub. L. 109–432, § 421(a), reenacted heading without change and amended text of par. (5) generally. Prior to amendment…
  • (d)(5)(B) Pub. L. 109–432, § 122(a)(1), substituted “2007” for “2006”.
  • (d)(6) Pub. L. 109–432, § 421(b), added par. (6).
  • (i)(3)(C) (i)(7) Pub. L. 109–432, § 122(b)(1), substituted “2007” for “2006”.
  • (l)(13)(D) Pub. L. 109–432, § 122(c)(1), substituted “2007” for “2006”.

§ 6211 Definition of a deficiency

  • (b)(4)(A) Pub. L. 109–432 substituted “34, and 53(e)” for “and 34”.

§ 6320 Notice and opportunity for hearing upon filing of notice of lien

  • (b)(1) Pub. L. 109–432, § 407(c)(1), substituted “in writing under subsection (a)(3)(B) and states the grounds for the…
  • (c) Pub. L. 109–432, § 407(c)(2), substituted “(e), and (g)” for “and (e)”.

§ 6330 Notice and opportunity for hearing before levy

  • (b)(1) Pub. L. 109–432, § 407(b)(3), substituted “in writing under subsection (a)(3)(B) and states the grounds for the…
  • (c)(4)(A) (c)(4)(B) Pub. L. 109–432, § 407(b)(2), redesignated subpars. (A) and (B) as cls. (i) and (ii), respectively, of subpar. (A), in…
  • (g) Pub. L. 109–432, § 407(b)(1), added subsec. (g).

§ 6427 Fuels not used for taxable purposes

  • (i)(4)(A) Pub. L. 109–432, § 420(b)(3), substituted “paragraph (4)(C) or (5)” for “paragraph (4)(B), (5), or (6)” in introductory…
  • (l)(1) Pub. L. 109–432, § 420(b)(4), substituted “paragraph (4)(C)(i)” for “paragraph (4)(B)”.
  • (l)(4) Pub. L. 109–432, § 420(a), amended heading and text of par. (4) generally, substituting provisions relating to refunds…
  • (l)(5) (l) Pub. L. 109–432, § 420(b)(1), redesignated par. (6) as (5) and struck out former par. (5), which related to refunds for…

§ 6702 Frivolous tax submissions

  • § 6702 Pub. L. 109–432 amended section catchline and text generally, substituting provisions relating to civil penalties for…

§ 6724 Waiver; definitions and special rules

  • (d)(1)(B)(xvii) Pub. L. 109–432, § 403(c)(1), which directed amendment of cl. (xvii) by striking out “or” at end, could not be executed…
  • (d)(1)(B)(xviii) Pub. L. 109–432, § 403(c)(1), which directed amendment of cl. (xviii) by substituting “or” for “and” at end, could not…
  • (d)(1)(B)(xix) Pub. L. 109–432, § 403(c)(1), added cl. (xix) relating to section 6039(a).
  • (d)(2)(B) Pub. L. 109–432, § 403(c)(2), substituted “6039(b)” for “6039(a)”.

§ 7122 Compromises

  • (f) Pub. L. 109–432 added subsec. (f) relating to frivolous submissions.

§ 7443A Special trial judges

  • (b)(6) Pub. L. 109–432, § 406(a)(2)(A), added par. (6). Former par. (6) redesignated (7).
  • (b)(7) Pub. L. 109–432, § 406(a)(2)(A), redesignated par. (6) as (7).
  • (c) Pub. L. 109–432, § 406(a)(2)(B), substituted “(5), or (6)” for “or (5)”.

§ 7608 Authority of internal revenue enforcement officers

  • (c) Pub. L. 109–432 substituted “2008” for “2007” in subpar. (B) and concluding provisions.

§ 7623 Expenses of detection of underpayments and fraud, etc.

  • § 7623 Pub. L. 109–432 designated existing provisions as subsec. (a), inserted heading, in par. (1), substituted “or” for…

§ 7652 Shipments to the United States

  • (f)(1) Pub. L. 109–432 substituted “2008” for “2006”.

§ 7872 Treatment of loans with below-market interest rates

  • (h) Pub. L. 109–432 struck out heading and text of par. (4). Text read as follows: “This subsection shall not apply to any…

§ 9502 Airport and Airway Trust Fund

  • (d)(2) Pub. L. 109–432, § 420(b)(5)(A), struck out “and (l)(5)” after “subsection (l)(4)”.
  • (d)(3) Pub. L. 109–432, § 420(b)(5)(B), struck out “or (5)” after “paragraph (4)”.

§ 9503 Highway Trust Fund

  • (c) Pub. L. 109–432, § 420(b)(6)(B), struck out “or (5)” after “paragraph (4)” in concluding provisions.
  • (c) Pub. L. 109–432, § 420(b)(6)(A), amended subpars. (A) and (B) generally. Prior to amendment, subpars. (A) and (B) read…

§ 9508 Leaking Underground Storage Tank Trust Fund

  • (c) Pub. L. 109–432 substituted “sections 9003(h), 9003(i), 9003(j), 9004(f), 9005(c), 9010, 9011, 9012, and 9013” for…

§ 9701 Definitions of general applicability

  • (c)(8) Pub. L. 109–432 added par. (8).

§ 9702 Establishment of the United Mine Workers of America Combined Benefit Fund

  • (b) Pub. L. 109–432 reenacted heading without change and amended text of subsec. (b) generally. Prior to amendment, text…

§ 9704 Liability of assigned operators

  • (d) Pub. L. 109–432, § 212(a)(2)(A), reenacted heading without change and amended text of subsec. (d) generally. Prior to…
  • (e)(1) Pub. L. 109–432, § 212(a)(2)(B)(i), inserted “and amounts transferred under section 9705(b)” after “premiums received”.
  • (e)(3)(A) Pub. L. 109–432, § 212(a)(2)(B)(ii), inserted at end “Amounts credited to an account from amounts transferred under…
  • (f)(2)(C) Pub. L. 109–432, § 212(a)(2)(C), added subpar. (C).
  • (j) Pub. L. 109–432, § 211(a), added subsec. (j).

§ 9705 Transfers

  • (b) Pub. L. 109–432, § 212(a)(1)(C), struck out “from abandoned mine reclamation fund” after “Transfers” in heading.
  • (b)(1) Pub. L. 109–432, § 212(a)(1)(A), substituted “subsections (h) and (i) of section 402” for “section 402(h)”.
  • (b)(2) Pub. L. 109–432, § 212(a)(1)(B), reenacted heading without change and amended text of par. (2) generally. Prior to…

§ 9706 Assignment of eligible beneficiaries

  • (h) Pub. L. 109–432 added subsec. (h).

§ 9707 Failure to pay premium

  • (a) Pub. L. 109–432 amended heading and text of subsec. (a) generally. Prior to amendment, text read as follows: “There is…

§ 9711 Continued obligations of individual employer plans

  • (c) Pub. L. 109–432 reenacted heading without change and amended text of subsec. (c) generally. Prior to amendment, text…

§ 9712 Establishment and coverage of 1992 UMWA Benefit Plan

  • (a)(3) (a)(4) Pub. L. 109–432, § 212(b)(1), added pars. (3) and (4).
  • (d)(1) Pub. L. 109–432, § 212(b)(2)(A), amended text of par. (1) generally. Prior to amendment, par. (1) provided that the…
  • (d)(2)(B) Pub. L. 109–432, § 212(b)(2)(B)(i), substituted “backstop” for “prefunding”.
  • (d)(3) Pub. L. 109–432, § 212(b)(2)(B)(ii), substituted “paragraph (1)(A)” for “paragraph (1)(B)”.
  • (d)(4) Pub. L. 109–432, § 211(c), inserted at end “The provisions of section 9711(c)(2) shall apply to any last signatory…

§ 9721 Civil enforcement

  • § 9721 Pub. L. 109–432 reenacted section catchline without change and amended text generally. Prior to amendment, text read as…

§ 9812 Parity in mental health and substance use disorder benefits

  • § 9812 Pub. L. 109–432 substituted “December 31, 2007” for “December 31, 2006”.