Pub. L. 109-58 Aug. 8, 2005

119 Stat. 1036 · Changed 56 sections of the Code

Bill H.R. 6 · Conference report H. Rept. 109-190 · Bluebook JCT general explanation (2007)

§ 23 Adoption expenses

  • (c) Pub. L. 109–58, § 1335(b)(1), which directed amendment of subsec. (c) by substituting “this section, section 25D, and…

§ 25 Interest on certain home mortgages

  • (e)(1)(C) Pub. L. 109–58, § 1335(b)(2), which directed amendment of subpar. (C) by substituting “other than this section, section…

§ 25C Energy efficient home improvement credit

§ 25D Residential clean energy credit

§ 30B Alternative motor vehicle credit

§ 30C Alternative fuel vehicle refueling property credit

§ 38 General business credit

  • (b)(21) Pub. L. 109–58, § 1306(b), as amended by Pub. L. 109–59, § 11151(d)(1), added par. (21).
  • (b)(22) Pub. L. 109–58, § 1322(a)(2), added par. (22).
  • (b)(23) Pub. L. 109–58, § 1332(b), added par. (23).
  • (b)(24) Pub. L. 109–58, § 1342(b)(1), which directed the striking out of “plus” at end, could not be executed because “plus”…
  • (b)(24) Pub. L. 109–58, § 1334(b), added par. (24).
  • (b)(25) Pub. L. 109–58, § 1341(b)(1), added par. (25).
  • (b)(26) Pub. L. 109–58, § 1342(b)(1), added par. (26).

§ 40 Alcohol, etc., used as fuel

  • (g)(1) (g)(2) (g)(5)(A) Pub. L. 109–58, § 1347(a), substituted “60,000,000” for “30,000,000”.
  • (g)(6)(A)(ii) Pub. L. 109–58, § 1347(b), inserted at end “Such election shall not take effect unless the organization designates the…

§ 40A Biodiesel and renewable diesel used as fuel

  • § 40A Pub. L. 109–58, § 1346(b)(1), inserted “and renewable diesel” after “Biodiesel” in section catchline.
  • (a) Pub. L. 109–58, § 1345(a), reenacted heading without change and amended text of subsec. (a) generally. Prior to…
  • (b) Pub. L. 109–58, § 1345(d)(2), substituted “, biodiesel credit, and small agri-biodiesel producer credit” for “and…
  • (b)(4) Pub. L. 109–58, § 1345(d)(1), substituted “paragraph (1) or (2) of subsection (a)” for “this section”.
  • (b) Pub. L. 109–58, § 1345(b), added par. (5).
  • (d)(3)(C) (d)(3)(D) Pub. L. 109–58, § 1345(d)(3), added subpar. (C) and redesignated former subpar. (C) as (D). The words following…
  • (e) Pub. L. 109–58, § 1345(c), added subsec. (e). The words following “subparagraph (A) for the taxable year,” in subsec.…
  • (e) Pub. L. 109–58, § 1344(a), substituted “2008” for “2006”.
  • (f) Pub. L. 109–58, § 1346(a), added subsec. (f). Former subsec. (f) redesignated (g).
  • (f) Pub. L. 109–58, § 1345(c), redesignated subsec. (e) as (f).
  • (g) Pub. L. 109–58, § 1346(a), redesignated subsec. (f) as (g).

§ 41 Credit for increasing research activities

  • (a)(3) Pub. L. 109–58, § 1351(a)(1), added par. (3).
  • (b)(3)(C)(ii) Pub. L. 109–58, § 1351(a)(3), inserted “(other than an energy research consortium)” after “organization” in…
  • (b)(3)(D) Pub. L. 109–58, § 1351(b), added subpar. (D).
  • (f)(6) Pub. L. 109–58, § 1351(a)(2), added par. (6).

§ 43 Enhanced oil recovery credit

  • (b)(2) Pub. L. 109–58 substituted “section 45K(d)(2)(C)” for “section 29(d)(2)(C)”.

§ 45 Electricity produced from certain renewable resources, etc.

  • (b)(4)(A) Pub. L. 109–58, § 1301(c)(2), substituted “(7), or (9)” for “or (7)”.
  • (b)(4)(B)(i) Pub. L. 109–58, § 1301(b)(1), inserted “or clause (iii)” after “clause (ii)”.
  • (b)(4)(B)(ii) Pub. L. 109–58, § 1301(f)(1), substituted “January 1, 2005,” for “the date of the enactment of this Act”.
  • (b)(4)(B)(iii) Pub. L. 109–58, § 1301(b)(2), added cl. (iii).
  • (c) Pub. L. 109–58, § 1301(d)(4), substituted “Resources” for “Qualified energy resources and refined coal” in heading.
  • (c)(1)(H) Pub. L. 109–58, § 1301(c)(1), added subpar. (H).
  • (c)(3)(A)(ii) Pub. L. 109–58, § 1301(f)(2), inserted “or any nonhazardous lignin waste material” after “cellulosic waste material”.
  • (c)(8) Pub. L. 109–58, § 1301(c)(3), added par. (8).
  • (c)(9) Pub. L. 109–58, § 1301(d)(2), added par. (9).
  • (d)(1) (d)(2) (d)(3) Pub. L. 109–58, § 1301(a)(1), substituted “January 1, 2008” for “January 1, 2006” wherever appearing.
  • (d)(4) Pub. L. 109–58, § 1301(a)(2), substituted “January 1, 2008 (January 1, 2006, in the case of a facility using solar…
  • (d)(5) (d)(6) Pub. L. 109–58, § 1301(a)(1), substituted “January 1, 2008” for “January 1, 2006”.
  • (d)(7) Pub. L. 109–58, § 1301(e), inserted at end “Such term shall include a new unit placed in service in connection with a…
  • (d)(7) Pub. L. 109–58, § 1301(a)(1), substituted “January 1, 2008” for “January 1, 2006”.
  • (d)(9) Pub. L. 109–58, § 1301(c)(4), added par. (9).
  • (d)(10) Pub. L. 109–58, § 1301(d)(3), added par. (10).
  • (e)(6) Pub. L. 109–58, § 1301(f)(3), struck out heading and text of par. (6). Text read as follows: “In the case of a facility…
  • (e)(8)(C) Pub. L. 109–58, § 1301(f)(4)(B), struck out “and (9)” after “paragraphs (1) through (5)”.
  • (e)(9) Pub. L. 109–58, § 1322(a)(3)(C)(i), substituted “section 45K” for “section 29” wherever appearing.
  • (e)(9) Pub. L. 109–58, § 1301(f)(4)(A), reenacted heading without change and amended text of par. (9) generally. Prior to…
  • (e)(9)(B) Pub. L. 109–58, § 1322(a)(3)(C)(ii), inserted “(or under section 29, as in effect on the day before the date of…
  • (e)(10) Pub. L. 109–58, § 1301(d)(1), added par. (10).
  • (e)(11) Pub. L. 109–58, § 1302(a), added par. (11).

§ 45I Credit for producing oil and gas from marginal wells

  • (b)(2)(C)(i) Pub. L. 109–58, § 1322(a)(3)(B), substituted “section 45K(d)(2)(C)” for “section 29(d)(2)(C)”.
  • (c)(2)(A) Pub. L. 109–58, § 1322(a)(3)(D)(i), substituted “section 45K(d)(5))” for “section 29(d)(5))”.
  • (d)(3) Pub. L. 109–58, § 1322(a)(3)(D)(ii), substituted “section 45K” for “section 29” in two places.

§ 45J Credit for production from advanced nuclear power facilities

§ 45K Credit for producing fuel from a nonconventional source

  • § 45K Pub. L. 109–58, § 1322(a)(1), renumbered section 29 of this title as this section.
  • (a) Pub. L. 109–58, § 1322(a)(3)(E), substituted “For purposes of section 38, if the taxpayer elects to have this section…
  • (b) Pub. L. 109–58, § 1322(a)(3)(F), struck out heading and text of par. (6). Text read as follows: “The credit allowed by…
  • (c)(2)(A) Pub. L. 109–58, § 1322(b)(1)(A), inserted “(as in effect before the repeal of such section)” after “1978”.
  • (e) (f) Pub. L. 109–58, § 1322(b)(1)(B), redesignated subsecs. (f) and (g) as (e) and (f), respectively, and struck out former…
  • (g) Pub. L. 109–58, § 1322(b)(1)(B), redesignated subsec. (h) as (g).
  • (g)(1)(A) Pub. L. 109–58, § 1322(b)(2)(A), substituted “subsection (e)(1)(B)” for “subsection (f)(1)(B)”.
  • (g)(1)(B) Pub. L. 109–58, § 1322(b)(2)(B), substituted “subsection (e)” for “subsection (f)”.
  • § 45K Pub. L. 109–58, § 1322(b)(1)(B), redesignated subsec. (h) as (g).
  • § 45K Pub. L. 109–58, § 1321(a), added subsec. (h).

§ 45L New energy efficient home credit

§ 46 Amount of credit

  • § 46 Pub. L. 109–58 struck out “and” at end of par. (1), struck out period at end of par. (2), and added pars. (3) and (4).

§ 48 Energy credit

  • (a)(1) Pub. L. 109–58, § 1336(d), inserted “except as provided in paragraph (1)(B) or (2)(B) of subsection (d),” before “the…
  • (a)(2)(A) Pub. L. 109–58, § 1337(a), reenacted heading without change and amended text of subpar. (A) generally. Prior to…
  • (a)(2)(A) Pub. L. 109–58, § 1336(c), reenacted heading without change and amended text of subpar. (A) generally. Prior to…
  • (a)(3)(A)(i) Pub. L. 109–58, § 1337(c), inserted “excepting property used to generate energy for the purposes of heating a swimming…
  • (a)(3)(A)(ii) Pub. L. 109–58, § 1337(b), added cl. (ii). Former cl. (ii) redesignated (iii) relating to equipment used to produce…
  • (a)(3)(A)(iii) Pub. L. 109–58, § 1337(b), redesignated cl. (ii) as (iii) relating to equipment used to produce, distribute, or use…
  • (a)(3)(A)(iii) Pub. L. 109–58, § 1336(a), added cl. (iii) relating to qualified fuel cell property or qualified microturbine property.
  • (c) Pub. L. 109–58, § 1336(b), added subsec. (c).

§ 48A Qualifying advanced coal project credit

§ 48B Qualifying gasification project credit

§ 49 At-risk rules

  • (a)(1)(C)(iii) (a)(1)(C)(iv) Pub. L. 109–58 added cls. (iii) and (iv) and struck out former cl. (iii) which read as follows: “the amortizable basis…

§ 53 Credit for prior year minimum tax liability

  • (d)(1)(B)(iii) Pub. L. 109–58 struck out “under section 29 (relating to credit for producing fuel from a nonconventional source)…

§ 55 Alternative minimum tax imposed

  • (c)(1) Pub. L. 109–58, § 1302(b), which directed amendment of par. (1) by inserting “45(e)(11)(C),” after “section” in last…
  • (c)(2) Pub. L. 109–58, § 1342(b)(3), which directed amendment of par. (2) by inserting “30C(d)(2),” after “30B(g)(2),”, was…
  • (c)(2) Pub. L. 109–58, § 1341(b)(3), which directed amendment of par. (2) by inserting “30B(g)(2),” after “30(b)(2),”, was…
  • (c)(3) Pub. L. 109–58, § 1322(a)(3)(H), struck out “29(b)(6),” after “26(a),”.

§ 56 Adjustments in computing alternative minimum taxable income

  • (a)(1)(B) Pub. L. 109–58 inserted “, or in section 168(e)(3)(C)(iv)” before period at end.

§ 141 Private activity bond; qualified bond

  • (c)(2)(C) Pub. L. 109–58, § 1327(b), added subpar. (C).
  • (d)(7) Pub. L. 109–58, § 1327(c), added par. (7).

§ 148 Arbitrage

  • (b)(4) Pub. L. 109–58 added par. (4).

§ 167 Depreciation

  • (h) (i) Pub. L. 109–58 added subsec. (h) and redesignated former subsec. (h) as (i).

§ 168 Accelerated cost recovery system

  • (e)(3)(B)(vi)(I) Pub. L. 109–58, § 1301(f)(5), amended subcl. (I) generally. Prior to amendment, subcl. (I) read as follows: “is…
  • (e)(3)(C)(iv) (e)(3)(C)(v) Pub. L. 109–58, § 1326(a), added cl. (iv) and redesignated former cl. (iv) as (v).
  • (e)(3)(E)(vii) Pub. L. 109–58, § 1308(a), added cl. (vii).
  • (e)(3)(E) Pub. L. 109–58, § 1325(a), added cl. (viii).
  • (g)(3)(B) Pub. L. 109–58, § 1326(c), inserted table item relating to subpar. (C)(iv).
  • (g)(3)(B) Pub. L. 109–58, § 1325(b), inserted table item relating to subpar. (E)(viii).
  • (g)(3)(B) Pub. L. 109–58, § 1308(b), inserted table item relating to subpar. (E)(vii).
  • (i)(17) Pub. L. 109–58, § 1326(b), added par. (17).

§ 169 Amortization of pollution control facilities

  • (d) Pub. L. 109–58, § 1309(c), inserted “and special rules” after “Definitions” in heading.
  • (d)(3) Pub. L. 109–58, § 1309(d), substituted “Health and Human Services” for “Health, Education, and Welfare”.
  • (d)(4)(B) Pub. L. 109–58, § 1309(b), amended heading and text of subpar. (B) generally. Prior to amendment, text read as follows…
  • (d)(5) Pub. L. 109–58, § 1309(a), added par. (5).

§ 172 Net operating loss deduction

  • (b)(1) Pub. L. 109–58 added subpar. (I).

§ 179B Deduction for capital costs incurred in complying with Environmental Protection Agency sulfur regulations

  • (e) Pub. L. 109–58 added subsec. (e).

§ 179C Election to expense certain refineries

§ 179D Energy efficient commercial buildings deduction

§ 196 Deduction for certain unused business credits

  • (c)(13) Pub. L. 109–58 added par. (13).

§ 263 Capital expenditures

  • (a)(1)(J) Pub. L. 109–58, § 1323(b)(2), added subpar. (J).
  • (a)(1)(K) Pub. L. 109–58, § 1331(b)(4), added subpar. (K).

§ 263A Capitalization and inclusion in inventory costs of certain expenses

  • (c)(3) Pub. L. 109–58 inserted “167(h),” after “under section”.

§ 312 Effect on earnings and profits

  • (k)(3)(B) Pub. L. 109–58, § 1331(b)(5), substituted “179, 179A, 179B, 179C, or 179D” for “179, 179A, 179B, or 179C” in heading…
  • (k)(3)(B) Pub. L. 109–58, § 1323(b)(3), substituted “179, 179A, 179B, or 179C” for “179 179A, or 179B” in heading and two places…

§ 451 General rule for taxable year of inclusion

  • (i)(3) Pub. L. 109–58, § 1305(a), substituted “2008” for “2007” in introductory provisions.
  • (i)(4)(B) Pub. L. 109–58, § 1305(b), substituted “December 31, 2007” for “the close of the period applicable under subsection…

§ 468A Special rules for nuclear decommissioning costs

  • (b) Pub. L. 109–58, § 1310(a), reenacted heading without change and amended text of subsec. (b) generally. Prior to…
  • (d)(1) Pub. L. 109–58, § 1310(c), inserted at end “For purposes of the preceding sentence, the taxpayer shall request a…
  • (d)(2)(A) Pub. L. 109–58, § 1310(b)(2), amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: “fund…
  • (e)(2)(A) Pub. L. 109–58, § 1310(e)(1), substituted “rate of 20 percent” for “rate set forth in subparagraph (B)” in introductory…
  • (e)(2)(B) (e)(2)(C) (e)(2) Pub. L. 109–58, § 1310(e)(2), (3), redesignated subpars. (C) and (D) as (B) and (C), respectively, and struck out…
  • (e)(3) Pub. L. 109–58, § 1310(d), substituted “Except as provided in subsection (f), the Fund” for “The Fund”.
  • (f) (g) (h) Pub. L. 109–58, § 1310(b)(1), added subsec. (f) and redesignated former subsecs. (f) and (g) as (g) and (h)…

§ 501 Exemption from tax on corporations, certain trusts, etc.

  • (c)(12)(C) Pub. L. 109–58, § 1304(a), struck out concluding provisions which read as follows: “Clauses (ii) through (v) shall not…
  • (c)(12)(H) Pub. L. 109–58, § 1304(b), struck out cl. (x) which read as follows: “This subparagraph shall not apply to taxable…

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

  • (c)(6)(C) Pub. L. 109–58, § 1322(a)(3)(B), substituted “section 45K(d)(2)(C)” for “section 29(d)(2)(C)” in concluding provisions.
  • (d)(4) Pub. L. 109–58, § 1328(a), reenacted heading without change and amended text of par. (4) generally. Prior to amendment…

§ 1016 Adjustments to basis

  • (a)(32) Pub. L. 109–58, § 1331(b)(1), added par. (32).
  • (a)(33) Pub. L. 109–58, § 1332(c), added par. (33).
  • (a)(34) Pub. L. 109–58, § 1333(b)(1), added par. (34).
  • (a)(35) Pub. L. 109–58, § 1335(b)(4), added par. (35).
  • (a)(36) Pub. L. 109–58, § 1341(b)(2), added par. (36).
  • (a)(37) Pub. L. 109–58, § 1342(b)(2), added par. (37).

§ 1245 Gain from dispositions of certain depreciable property

  • (a)(2)(C) Pub. L. 109–58, § 1331(b)(2), inserted “179D,” after “179C,”.
  • (a)(2)(C) Pub. L. 109–58, § 1323(b)(1), inserted “179C,” after “179B,”.
  • (a)(3)(C) Pub. L. 109–58, § 1331(b)(2), inserted “179D,” after “179C,”.
  • (a)(3)(C) Pub. L. 109–58, § 1323(b)(1), inserted “179C,” after “179B,”.
  • (b) Pub. L. 109–58, § 1363(a), added par. (9).

§ 1250 Gain from dispositions of certain depreciable realty

  • (b)(3) Pub. L. 109–58, § 1331(b)(3), inserted “or by section 179D” after “190, or 193)”.

§ 4041 Imposition of tax

  • (a)(1)(B) Pub. L. 109–58, § 1362(b)(2)(A), inserted “(other than such tax at the Leaking Underground Storage Tank Trust Fund…
  • (a)(2)(A) Pub. L. 109–58, § 1362(b)(2)(A), inserted “(other than such tax at the Leaking Underground Storage Tank Trust Fund…
  • (b)(1)(A) Pub. L. 109–58, § 1362(b)(2)(B), which directed amendment of subpar. (A) by striking out “or (d)(1))”, was executed by…
  • (c)(2) Pub. L. 109–58, § 1362(b)(2)(A), inserted “(other than such tax at the Leaking Underground Storage Tank Trust Fund…
  • (d)(5) Pub. L. 109–58, § 1362(b)(2)(C), added par. (5).

§ 4072 Definitions

  • (e) Pub. L. 109–58 inserted at end “Such term shall not include any tire designed for steering.”

§ 4081 Imposition of tax

  • (a)(2)(D) Pub. L. 109–58, § 1343(a), added subpar. (D).
  • (c) Pub. L. 109–58, § 1343(b)(2), added subsec. (c).
  • (d)(3) Pub. L. 109–58, § 1362(a), substituted “2011” for “2005”.

§ 4082 Exemptions for diesel fuel and kerosene

  • (a) Pub. L. 109–58 inserted “(other than such tax at the Leaking Underground Storage Tank Trust Fund financing rate imposed…

§ 4611 Imposition of tax

  • (f) Pub. L. 109–58 reenacted heading without change and amended text generally. Prior to amendment, text read as follows:

§ 6049 Returns regarding payments of interest

  • (d)(8) Pub. L. 109–58 added par. (8).

§ 6401 Amounts treated as overpayments

  • (b)(1) Pub. L. 109–58 substituted “G, and H” for “and G”.

§ 6426 Credit for alcohol fuel, biodiesel, and alternative fuel mixtures

  • (c)(6) Pub. L. 109–58 substituted “2008” for “2006”.

§ 6427 Fuels not used for taxable purposes

  • (e)(4) Pub. L. 109–58, § 1344(a), which directed amendment of par. (4)(B) by substituting “2008” for “2006”, could not be…
  • (i)(1) (i)(2)(A) Pub. L. 109–58, § 1343(b)(3), inserted “(m),” after “(l),” in par. (1) and in par. (2)(A) in introductory provisions.
  • (m) (n) Pub. L. 109–58, § 1343(b)(1), added subsec. (m) and redesignated former subsec. (m) as (n). Former subsec. (n)…
  • (o) Pub. L. 109–58, § 1343(b)(1), redesignated subsec. (n) as (o). Former subsec. (o) redesignated (p).
  • (p) Pub. L. 109–58, § 1343(b)(1), redesignated subsec. (o) as (p). Former subsec. (p) redesignated (q).
  • § 6427 Pub. L. 109–58, § 1343(b)(1), redesignated subsec. (p) as (q).

§ 6430 Treatment of tax imposed at Leaking Underground Storage Tank Trust Fund financing rate

§ 6501 Limitations on assessment and collection

  • (m) Pub. L. 109–58, § 1342(b)(4), inserted “30C(e)(5),” after “30B(h)(9),”.
  • (m) Pub. L. 109–58, § 1341(b)(4), inserted “30B(h)(9),” after “30(d)(4),”.

§ 9508 Leaking Underground Storage Tank Trust Fund

  • (c) Pub. L. 109–58 reenacted heading without change and amended text of subsec. (c) generally. Prior to amendment, subsec.…