# Pub. L. 111-92: changes to the Internal Revenue Code 2009-11-06, 123 Stat. 2989. Source: . ## Legislative history - Bill: [H.R. 3548](https://www.congress.gov/bill/111th-congress/house-bill/3548) - Bluebook: [JCT general explanation (2011)](https://www.govinfo.gov/app/details/CPRT-112JPRT64669) ## § 36: First-time homebuyer credit - § 36(b)(1)(D): Pub. L. 111–92, § 11(c)(1), added subpar. (D). - § 36(b)(2)(A)(i)(II): Pub. L. 111–92, § 11(c)(2), substituted “$125,000 ($225,000” for “$75,000 ($150,000”. - § 36(b)(3): Pub. L. 111–92, § 11(d), added par. (3). - § 36(b)(4): Pub. L. 111–92, § 12(a)(1), added par. (4). - § 36(c)(3)(A)(i): Pub. L. 111–92, § 12(c), inserted “(or, if married, such individual’s spouse)” after “person acquiring such property”. - § 36(c)(6): Pub. L. 111–92, § 11(b), added par. (6). - § 36(d)(3): Pub. L. 111–92, § 11(g), added par. (3). - § 36(d)(4): Pub. L. 111–92, § 12(b), added par. (4). - § 36(f)(4)(D): Pub. L. 111–92, § 11(a)(2), inserted “and 2010” after “2009” in heading and struck out “, and before December 1, 2009” after “December 31, 2008” in introductory provisions. - § 36(f)(4)(E): Pub. L. 111–92, § 11(e), added subpar. (E). - § 36(g): Pub. L. 111–92, § 12(a)(2), inserted “(b)(4),” before “(c)”. - § 36(g): Pub. L. 111–92, § 11(a)(3), amended subsec. (g) generally. Prior to amendment, text read as follows: “In the case of a purchase of a principal residence after December 31, 2008, and before December 1, 2009, a taxpayer may elect to treat such purchase as made on December 31, 2008, for purposes of this section (other than subsections (c) and (f)(4)(D)).” - § 36(h): Pub. L. 111–92, § 11(a)(1), substituted “May 1, 2010” for “December 1, 2009”, designated existing provisions as par. (1), inserted heading, and added par. (2). - § 36(h)(3): Pub. L. 111–92, § 11(f), added par. (3). ## § 56: Adjustments in computing alternative minimum taxable income - § 56(d)(1)(A)(ii)(I): Pub. L. 111–92 amended subcl. (I) generally. Prior to amendment, subcl. (I) read as follows: “the amount of such deduction attributable to the sum of carrybacks of net operating losses from taxable years ending during 2001 or 2002 and carryovers of net operating losses to taxable years ending during 2001 and 2002, or”. ## § 132: Certain fringe benefits - § 132(n)(1): Pub. L. 111–92, § 14(a)(1), substituted “the American Recovery and Reinvestment Tax Act of 2009)” for “this subsection) to offset the adverse effects on housing values as a result of a military base realignment or closure”. - § 132(n)(2): Pub. L. 111–92, § 14(a)(2), struck out “clause (1) of” before “subsection (c)”. ## § 172: Net operating loss deduction - § 172(b)(1): Pub. L. 111–92 amended subpar. (H) generally. Prior to amendment, subpar. (H) provided for carryback for 2008 net operating losses of small businesses. ## § 864: Definitions and special rules - § 864(f): Pub. L. 111–92, § 15(a), substituted “December 31, 2017” for “December 31, 2010”. - § 864(f): Pub. L. 111–92, § 15(b), struck out par. (7). Text read as follows: “In the case of the first taxable year to which this subsection applies, the increase (if any) in the amount of the interest expense allocable to sources within the United States by reason of the application of this subsection shall be 30 percent of the amount of such increase determined without regard to this paragraph.” ## § 3301: Rate of tax - § 3301: Pub. L. 111–92 inserted “(or portion of the calendar year)” after “during the calendar year” in concluding provisions and substituted “through 2010 and the first 6 months of calendar year 2011” for “through 2009” in par. (1) and “the remainder of calendar year 2011” for “calendar year 2010” in par. (2). ## § 6011: General requirement of return, statement, or list - § 6011(e)(1): Pub. L. 111–92, § 17(b), substituted “Except as provided in paragraph (3), the Secretary may not” for “The Secretary may not” in second sentence. - § 6011(e)(3): Pub. L. 111–92, § 17(a), added par. (3). ## § 6213: Restrictions applicable to deficiencies; petition to Tax Court - § 6213(g)(2)(O): Pub. L. 111–92, § 11(h), added subpar. (O). - § 6213(g)(2)(P): Pub. L. 111–92, § 12(d), added subpar. (P). ## § 6698: Failure to file partnership return - § 6698(b)(1): Pub. L. 111–92 substituted “$195” for “$89”. ## § 6699: Failure to file S corporation return - § 6699(b)(1): Pub. L. 111–92 substituted “$195” for “$89”.