# Pub. L. 112-240: changes to the Internal Revenue Code 2013-01-02, 126 Stat. 2316. Source: . ## Legislative history - Bill: [H.R. 8](https://www.congress.gov/bill/112th-congress/house-bill/8) - Bluebook: [JCT general explanation (2013)](https://www.govinfo.gov/app/details/CPRT-113JPRT78693) ## § 1: Tax imposed - § 1(h)(1)(B): Pub. L. 112–240, § 102(c)(2), substituted “0 percent” for “5 percent (0 percent in the case of taxable years beginning after 2007)” in introductory provisions. - § 1(h)(1)(C), § 1(h)(1)(D), § 1(h)(1)(E), § 1(h)(1)(F): Pub. L. 112–240, § 102(b)(1), added subpars. (C) and (D), redesignated former subpars. (D) and (E) as (E) and (F), respectively, and struck out former subpar. (C) which read as follows: “15 percent of the adjusted net capital gain (or, if less, taxable income) in excess of the amount on which a tax is determined under subparagraph (B);”. - § 1(i)(2): Pub. L. 112–240, § 101(b)(1)(A), amended par. (2) generally. Prior to amendment, par. (2) related to reductions in rates after June 30, 2001. - § 1(i)(3), § 1(i)(4): Pub. L. 112–240, § 101(b)(1)(B), added par. (3) and redesignated former par. (3) as (4). ## § 23: Adoption expenses - § 23(b): Pub. L. 112–240, § 104(c)(2)(A)(i), struck out par. (4). Prior to amendment, text read as follows: “In the case of a taxable year to which section 26(a)(2) does not apply, the credit allowed under subsection (a) for any taxable year shall not exceed the excess of— - § 23(c): Pub. L. 112–240, § 104(c)(2)(A)(ii), (iii), added par. (1), redesignated par. (3) as (2), and struck out former pars. (1) and (2) which related to rule for years in which all personal credits allowed against regular and alternative minimum tax and rule for other years, respectively. ## § 24: Child tax credit - § 24(b): Pub. L. 112–240, § 104(c)(2)(B)(i), struck out par. (3). Prior to amendment, text read as follows: “In the case of a taxable year to which section 26(a)(2) does not apply, the credit allowed under subsection (a) for any taxable year shall not exceed the excess of— - § 24(d)(1): Pub. L. 112–240, § 104(c)(2)(B)(ii)(II), substituted “section 26(a)” for “section 26(a)(2) or subsection (b)(3), as the case may be” in concluding provisions. - § 24(d)(1)(A), § 24(d)(1)(B): Pub. L. 112–240, § 104(c)(2)(B)(ii)(I), substituted “section 26(a)” for “section 26(a)(2) or subsection (b)(3), as the case may be,” in subpar. (A) and in introductory provisions in subpar. (B). - § 24(d): Pub. L. 112–240, § 103(b), which directed substitution of “for certain years” for “2009, 2010, 2011, and 2012” in heading and “after 2008 and before 2018” for “in 2009, 2010, 2011, or 2012” in text, could not be executed because of the subsequent general amendment of subsec. (d)(4) by Pub. L. 113–295, which was effective as if included in the provisions of the American Recovery and Reinvestment Tax Act of 2009 (Pub. L. 111–5, div. B, title I) to which the amendment related. See 2014 Amendment note above and Effective Date of 2014 Amendment note below. ## § 25: Interest on certain home mortgages - § 25(e)(1)(C): Pub. L. 112–240 amended subpar. (C) generally. Prior to amendment, text read as follows: “For purposes of this paragraph, the term ‘applicable tax limit’ means— ## § 25A: American Opportunity and Lifetime Learning credits - § 25A(i): Pub. L. 112–240, § 103(a)(1), substituted “after 2008 and before 2018” for “in 2009, 2010, 2011, or 2012” in introductory provisions. - § 25A(i): Pub. L. 112–240, § 104(c)(2)(D), redesignated pars. (6) and (7) as (5) and (6), respectively, substituted “section 26(a)” for “section 26(a)(2) or paragraph (5), as the case may be” in par. (5), and struck out former par. (5) which related to credit allowed against alternative minimum tax. ## § 25B: Elective deferrals and IRA contributions by certain individuals - § 25B: Pub. L. 112–240 struck out subsec. (g). Text read as follows: “In the case of a taxable year to which section 26(a)(2) does not apply, the credit allowed under subsection (a) for the taxable year shall not exceed the excess of— ## § 25C: Energy efficient home improvement credit - § 25C(g): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 25D: Residential clean energy credit - § 25D(c): Pub. L. 112–240 amended subsec. (c) generally. Prior to amendment, subsec. (c) related to limitation based on amount of tax and carryforward of unused credit. ## § 26: Limitation based on tax liability; definition of tax liability - § 26(a): Pub. L. 112–240 amended subsec. (a) generally. Prior to amendment, subsec. (a) related to limitation based on amount of tax with a special rule for taxable years 2000 through 2011. ## § 30B: Alternative motor vehicle credit - § 30B(g)(2): Pub. L. 112–240 amended par. (2) generally. Prior to amendment, par. (2) related to personal credit with a limitation based on amount of tax. ## § 30C: Alternative fuel vehicle refueling property credit - § 30C(g)(2): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011.” ## § 30D: Clean vehicle credit - § 30D(c)(2): Pub. L. 112–240, § 104(c)(2)(I), amended par. (2) generally. Prior to amendment, par. (2) related to personal credit with a limitation based on amount of tax. - § 30D(f)(2): Pub. L. 112–240, § 403(b)(1), substituted “vehicle for which a credit is allowable under subsection (a)” for “new qualified plug-in electric drive motor vehicle” and “allowed under such subsection” for “allowed under subsection (a)”. - § 30D(f)(7): Pub. L. 112–240, § 403(b)(2), substituted “A vehicle” for “A motor vehicle” in introductory provisions. - § 30D(g): Pub. L. 112–240, § 403(a), added subsec. (g). ## § 32: Earned income - § 32(b): Pub. L. 112–240 substituted “for certain years” for “2009, 2010, 2011, and 2012” in heading and “after 2008 and before 2018” for “in 2009, 2010, 2011, or 2012” in introductory provisions. ## § 40: Alcohol, etc., used as fuel - § 40: Pub. L. 112–240, § 404(b)(3)(A)(i), substituted “second generation biofuel” for “cellulosic biofuel” wherever appearing in text in subsecs. (a)(4), (b)(4)(C), (6), and (d)(3)(D), (6). - § 40(b)(6): Pub. L. 112–240, § 404(b)(3)(A)(ii), substituted “Second generation” for “Cellulosic” in heading. - § 40(b)(6)(C), § 40(b)(6)(D): Pub. L. 112–240, § 404(b)(3)(A)(iii), substituted “second generation” for “cellulosic” in heading. - § 40(b)(6)(E): Pub. L. 112–240, § 404(b)(3)(A)(ii), substituted “Second generation” for “Cellulosic” in heading. - § 40(b)(6)(E)(i)(I): Pub. L. 112–240, § 404(b)(1), amended subcl. (I) generally. Prior to amendment, subcl. (I) read as follows: “is produced from any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis, and”. - § 40(b)(6)(E)(ii): Pub. L. 112–240, § 404(b)(3)(B), substituted “The term ‘second generation biofuel’ shall not” for “Such term shall not”. - § 40(b)(6)(F), § 40(b)(6)(G): Pub. L. 112–240, § 404(b)(2), added subpars. (F) and (G). Former subpars. (F) and (G) redesignated as (H) and (I), respectively. - § 40(b)(6)(H): Pub. L. 112–240, § 404(b)(3)(A)(iii), substituted “second generation” for “cellulosic” in heading. - § 40(b)(6)(H): Pub. L. 112–240, § 404(b)(2), redesignated subpar. (F) as (H). Former subpar. (H) redesignated (J). - § 40(b)(6)(H): Pub. L. 112–240, § 404(a)(1), amended subpar. (H) generally. Prior to amendment, text read as follows: “This paragraph shall apply with respect to qualified cellulosic biofuel production after December 31, 2008, and before January 1, 2013.” - § 40(b)(6)(I), § 40(b)(6)(J): Pub. L. 112–240, § 404(b)(2), redesignated subpars. (G) and (H) as (I) and (J), respectively. - § 40(d)(3)(D): Pub. L. 112–240, § 404(b)(3)(A)(ii), substituted “Second generation” for “Cellulosic” in heading. - § 40(d)(6): Pub. L. 112–240, § 404(b)(3)(A)(iii), substituted “second generation” for “cellulosic” in heading. - § 40(e)(2): Pub. L. 112–240, § 404(a)(2), struck out “or subsection (b)(6)(H)” after “paragraph (1)”. - § 40(e)(3): Pub. L. 112–240, § 404(b)(3)(A)(iii), substituted “second generation” for “cellulosic” in heading. ## § 40A: Biodiesel and renewable diesel used as fuel - § 40A(g): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 41: Credit for increasing research activities - § 41(f)(1)(A)(ii): Pub. L. 112–240, § 301(c)(1), substituted “shall be determined on a proportionate basis to its share of the aggregate of the qualified research expenses, basic research payments, and amounts paid or incurred to energy research consortiums, taken into account by such controlled group for purposes of this section” for “shall be its proportionate shares of the qualified research expenses, basic research payments, and amounts paid or incurred to energy research consortiums, giving rise to the credit”. - § 41(f)(1)(B)(ii): Pub. L. 112–240, § 301(c)(2), substituted “shall be determined on a proportionate basis to its share of the aggregate of the qualified research expenses, basic research payments, and amounts paid or incurred to energy research consortiums, taken into account by all such persons under common control for purposes of this section” for “shall be its proportionate shares of the qualified research expenses, basic research payments, and amounts paid or incurred to energy research consortiums, giving rise to the credit”. - § 41(f)(3)(A): Pub. L. 112–240, § 301(b)(1), amended subpar. (A) generally. Prior to amendment, text read as follows: “If, after December 31, 1983, a taxpayer acquires the major portion of a trade or business of another person (hereinafter in this paragraph referred to as the ‘predecessor’) or the major portion of a separate unit of a trade or business of a predecessor, then, for purposes of applying this section for any taxable year ending after such acquisition, the amount of qualified research expenses paid or incurred by the taxpayer during periods before such acquisition shall be increased by so much of such expenses paid or incurred by the predecessor with respect to the acquired trade or business as is attributable to the portion of such trade or business or separate unit acquired by the taxpayer, and the gross receipts of the taxpayer for such periods shall be increased by so much of the gross receipts of such predecessor with respect to the acquired trade or business as is attributable to such portion.” - § 41(f)(3)(B): Pub. L. 112–240, § 301(b)(2), amended subpar. (B) generally. Prior to amendment, text read as follows: “If, after December 31, 1983— - § 41(h)(1): Pub. L. 112–240, § 301(a)(1), substituted “December 31, 2013” for “December 31, 2011”. ## § 42: Low-income housing credit - § 42(b)(2)(A): Pub. L. 112–240 substituted “with respect to housing credit dollar amount allocations made before January 1, 2014” for “and before December 31, 2013”. ## § 45: Electricity produced from certain renewable resources, etc. - § 45(c)(6): Pub. L. 112–240, § 407(a)(2), inserted “, except that such term does not include paper which is commonly recycled and which has been segregated from other solid waste (as so defined)” after “(42 U.S.C. 6903)”. - § 45(d)(1): Pub. L. 112–240, § 407(a)(3)(A)(i), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(d)(1): Pub. L. 112–240, § 407(a)(1), substituted “January 1, 2014” for “January 1, 2013”. - § 45(d)(2)(A): Pub. L. 112–240, § 407(a)(3)(B), inserted concluding provisions. - § 45(d)(2)(A)(i): Pub. L. 112–240, § 407(a)(3)(A)(ii), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(d)(3)(A)(i)(I): Pub. L. 112–240, § 407(a)(3)(A)(iii), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(d)(3)(A)(ii): Pub. L. 112–240, § 407(a)(3)(C), substituted “the construction of which begins” for “is originally placed in service”. - § 45(d)(4): Pub. L. 112–240, § 407(a)(3)(D)(i), substituted “and which—”, subpars. (A) and (B), and concluding provisions for “and before January 1, 2014 (January 1, 2006, in the case of a facility using solar energy). Such term shall not include any property described in section 48(a)(3) the basis of which is taken into account by the taxpayer for purposes of determining the energy credit under section 48.” - § 45(d)(6): Pub. L. 112–240, § 407(a)(3)(A)(iv), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(d)(7): Pub. L. 112–240, § 407(a)(3)(A)(v), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(d)(9): Pub. L. 112–240, § 407(a)(3)(E), designated introductory provisions as subpar. (A) and inserted heading, redesignated former subpars. (A) and (B) as cls. (i) and (ii), respectively, of subpar. (A), realigned margins, added subpar. (C), and redesignated former subpar. (C) as (B). - § 45(d)(9)(B): Pub. L. 112–240, § 407(a)(3)(A)(vi), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(d)(11)(B): Pub. L. 112–240, § 407(a)(3)(A)(vii), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”. - § 45(e)(10)(A)(i), § 45(e)(10)(A)(ii)(II): Pub. L. 112–240, § 406(a), substituted “8-year period” for “7-year period”. ## § 45A: Indian employment credit - § 45A(f): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 45C: Clinical testing expenses for certain drugs for rare diseases or conditions - § 45C(b)(1): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 45D: New markets tax credit - § 45D(f)(1)(G): Pub. L. 112–240, § 305(a), substituted “2010, 2011, 2012, and 2013” for “2010 and 2011”. - § 45D(f)(3): Pub. L. 112–240, § 305(b), substituted “2018” for “2016”. ## § 45G: Railroad track maintenance credit - § 45G: Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2012”. ## § 45L: New energy efficient home credit - § 45L(c)(1)(A): Pub. L. 112–240, § 408(b), substituted “2006 International Energy Conservation Code, as such Code (including supplements) is in effect on January 1, 2006” for “2003 International Energy Conservation Code, as such Code (including supplements) is in effect on the date of the enactment of this section”. - § 45L(g): Pub. L. 112–240, § 408(a), substituted “December 31, 2013” for “December 31, 2011”. ## § 45N: Mine rescue team training credit - § 45N(e): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 45P: Employer wage credit for employees who are active duty members of the uniformed services - § 45P: Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 48: Energy credit - § 48(a)(5)(C): Pub. L. 112–240, § 407(b), amended subpar. (C) generally. Prior to amendment, text read as follows: “For purposes of this paragraph, the term ‘qualified investment credit facility’ means any of the following facilities if no credit has been allowed under section 45 with respect to such facility and the taxpayer makes an irrevocable election to have this paragraph apply to such facility: - § 48(a)(5)(D)(iii), § 48(a)(5)(D)(iv): Pub. L. 112–240, § 407(c)(1), added cls. (iii) and (iv). ## § 51: Amount of credit - § 51(c)(4): Pub. L. 112–240 substituted “after December 31, 2013” for “after— ## § 55: Alternative minimum tax imposed - § 55(b)(1)(A): Pub. L. 112–240, § 104(b)(2)(A), substituted “by substituting 50 percent of the dollar amount otherwise applicable under subclause (I) and subclause (II) thereof.” for “by substituting ‘$87,500’ for ‘$175,000’ each place it appears.” - § 55(b)(3)(B): Pub. L. 112–240, § 102(c)(2), substituted “0 percent” for “5 percent (0 percent in the case of taxable years beginning after 2007)”. - § 55(b)(3)(C), § 55(b)(3)(D), § 55(b)(3)(E): Pub. L. 112–240, § 102(b)(2), added subpars. (C) and (D), redesignated former subpar. (D) as (E), and struck out former subpar. (C) which read as follows: “15 percent of the adjusted net capital gain (or, if less, taxable excess) in excess of the amount on which tax is determined under subparagraph (B), plus”. - § 55(c)(3): Pub. L. 112–240, § 104(c)(2)(J), substituted “30C(d)(2)” for “26(a), 30C(d)(2),”. - § 55(d)(1)(A): Pub. L. 112–240, § 104(a)(1)(A), in introductory provisions, substituted “$78,750” for “$45,000 ($72,450 in the case of taxable years beginning in 2010 and $74,450 in the case of taxable years beginning in 2011)”. - § 55(d)(1)(B): Pub. L. 112–240, § 104(a)(1)(B), in introductory provisions, substituted “$50,600” for “$33,750 ($47,450 in the case of taxable years beginning in 2010 and $48,450 in the case of taxable years beginning in 2011)”. - § 55(d)(1)(C): Pub. L. 112–240, § 104(a)(1)(C), substituted “subparagraph (A)” for “paragraph (1)(A)”. - § 55(d)(3)(A): Pub. L. 112–240, § 104(b)(2)(B)(i), struck out “or (2)” after “paragraph (1)(A)”. - § 55(d)(3)(C), § 55(d)(3): Pub. L. 112–240, § 104(b)(2)(B)(ii), (iii), added subpars. (C) and (D) and struck out former subpar. (C) which read as follows: “$75,000 in the case of a taxpayer described in subparagraph (C) or (D) of paragraph (1).” - § 55(d)(4): Pub. L. 112–240, § 104(b)(1), added par. (4). ## § 62: Adjusted gross income defined - § 62(a)(2)(D): Pub. L. 112–240 substituted “2011, 2012, or 2013” for “or 2011”. ## § 68: Overall limitation on itemized deductions - § 68(b): Pub. L. 112–240, § 101(b)(2)(A)(i), added subsec. (b) and struck out former subsec. (b). Prior to amendment, text read as follows: - § 68: Pub. L. 112–240, § 101(b)(2)(A)(ii), struck out subsecs. (f) and (g), which related to phaseout of limitation and termination of applicability of section, respectively. ## § 108: Income from discharge of indebtedness - § 108(a)(1)(E): Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2013”. ## § 132: Certain fringe benefits - § 132(f)(2): Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2012” in concluding provisions. ## § 151: Allowance of deductions for personal exemptions - § 151(d)(3)(A), § 151(d)(3)(B): Pub. L. 112–240, § 101(b)(2)(B)(i)(I), substituted “the applicable amount in effect under section 68(b)” for “the threshold amount”. - § 151(d)(3)(C), § 151(d)(3): Pub. L. 112–240, § 101(b)(2)(B)(i)(II), redesignated subpar. (D) as (C) and struck out former subpar. (C) which related to threshold amount. - § 151(d)(3): Pub. L. 112–240, § 101(b)(2)(B)(i)(III), struck out subpars. (E) and (F) which related to reduction of phaseout and termination of applicability of subsec. (d)(3), respectively. - § 151(d)(4): Pub. L. 112–240, § 101(b)(2)(B)(ii), in par. heading, substituted “Inflation adjustment” for “Inflation adjustments”, in subpar. (A), struck out “(A) Adjustment to basic amount of exemption” before “In the case of”, redesignated cls. (i) and (ii) as subpars. (A) and (B), respectively, and realigned margins, and struck out former subpar. (B). Prior to amendment, text of former subpar. (B) read as follows: “In the case of any taxable year beginning in a calendar year after 1991, each dollar amount contained in paragraph (3)(C) shall be increased by an amount equal to— ## § 163: Interest - § 163(h)(3)(E)(iv)(I): Pub. L. 112–240, § 204(a), substituted “December 31, 2013” for “December 31, 2011”. - § 163(h)(4)(E)(i): Pub. L. 112–240, § 204(b), substituted “Department of Veterans Affairs” for “Veterans Administration” and “Rural Housing Service” for “Rural Housing Administration”. ## § 164: Taxes - § 164(b)(5): Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2012”. ## § 168: Accelerated cost recovery system - § 168(e)(3)(E)(iv), § 168(e)(3)(E)(v), § 168(e)(3)(E): Pub. L. 112–240, § 311(a), substituted “January 1, 2014” for “January 1, 2012”. - § 168(i)(9)(A)(ii): Pub. L. 112–240, § 331(d), inserted “(respecting all elections made by the taxpayer under this section)” after “such property”. - § 168(i)(15)(D): Pub. L. 112–240, § 312(a), substituted “December 31, 2013” for “December 31, 2011”. - § 168(j)(8): Pub. L. 112–240, § 313(a), substituted “December 31, 2013” for “December 31, 2011”. - § 168(k): Pub. L. 112–240, § 331(e)(1), substituted “January 1, 2014” for “January 1, 2013” in heading. - § 168(k)(2): Pub. L. 112–240, § 331(a)(2), substituted “January 1, 2014” for “January 1, 2013” wherever appearing. - § 168(k)(2)(A): Pub. L. 112–240, § 331(a)(1), substituted “January 1, 2015” for “January 1, 2014”. - § 168(k)(2)(B)(ii): Pub. L. 112–240, § 331(e)(2), substituted “pre-January 1, 2014” for “pre-January 1, 2013” in heading. - § 168(k)(4): Pub. L. 112–240, § 331(c)(1), substituted “2014” for “2013”. - § 168(k)(4): Pub. L. 112–240, § 331(c)(2), added subpar. (J). - § 168(l): Pub. L. 112–240, § 410(b)(2)(C), substituted “second generation” for “cellulosic” in heading. - § 168(l): Pub. L. 112–240, § 410(b)(2)(A), substituted “second generation biofuel” for “cellulosic biofuel” wherever appearing in text. - § 168(l)(2): Pub. L. 112–240, § 410(b)(2)(D), substituted “second generation” for “cellulosic” in heading. - § 168(l)(2)(A): Pub. L. 112–240, § 410(b)(1), substituted “solely to produce second generation biofuel (as defined in section 40(b)(6)(E))” for “solely to produce cellulosic biofuel”. - § 168(l)(2)(D): Pub. L. 112–240, § 410(a)(1), substituted “January 1, 2014” for “January 1, 2013”. - § 168(l)(3), § 168(l)(4), § 168(l)(5), § 168(l)(6), § 168(l)(7), § 168(l): Pub. L. 112–240, § 410(b)(2)(B), redesignated pars. (4) to (8) as (3) to (7), respectively, and struck out former par. (3). Text read as follows: “The term ‘cellulosic biofuel’ means any liquid fuel which is produced from any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis.” - § 168(n)(2)(C): Pub. L. 112–240, § 331(e)(3), substituted “January 1, 2014” for “January 1, 2013”. ## § 170: Charitable, etc., contributions and gifts - § 170(b)(1)(E): Pub. L. 112–240, § 206(a), substituted “December 31, 2013” for “December 31, 2011”. - § 170(b)(2)(B): Pub. L. 112–240, § 206(b), substituted “December 31, 2013” for “December 31, 2011”. - § 170(e)(3)(C)(iv): Pub. L. 112–240, § 314(a), substituted “December 31, 2013” for “December 31, 2011”. ## § 179: Election to expense certain depreciable business assets - § 179(b)(1): Pub. L. 112–240, § 315(a)(1)(A), substituted “2010, 2011, 2012, or 2013, and” for “2010 or 2011,”. - § 179(b)(1): Pub. L. 112–240, § 315(a)(1)(B)–(D), redesignated subpar. (D) as (C), substituted “2013” for “2012”, and struck out former subpar. (C) which read as follows: “$125,000 in the case of taxable years beginning in 2012, and”. - § 179(b)(2): Pub. L. 112–240, § 315(a)(2)(A), substituted “2010, 2011, 2012, or 2013, and” for “2010 or 2011,”. - § 179(b)(2): Pub. L. 112–240, § 315(a)(2)(B)–(D), redesignated subpar. (D) as (C), substituted “2013” for “2012”, and struck out former subpar. (C) which read as follows: “$500,000 in the case of taxable years beginning in 2012, and”. - § 179(b)(6): Pub. L. 112–240, § 315(a)(3), struck out par. (6) which related to inflation adjustment. - § 179(c)(2): Pub. L. 112–240, § 315(c), substituted “2014” for “2013”. - § 179(d)(1)(A)(ii): Pub. L. 112–240, § 315(b), substituted “2014” for “2013”. - § 179: Pub. L. 112–240, § 315(d)(1), substituted “2010, 2011, 2012, or 2013” for “2010 or 2011” in introductory provisions. - § 179: Pub. L. 112–240, § 315(d)(2)(A), substituted “2013” for “2011”. - § 179: Pub. L. 112–240, § 315(d)(2)(B), substituted “2010, 2011 and 2012” for “2010” in heading and inserted at end “For the last taxable year beginning in 2013, the amount determined under subsection (b)(3)(A) for such taxable year shall be determined without regard to this paragraph.” - § 179: Pub. L. 112–240, § 315(d)(2)(A), substituted “2013” for “2011” in two places. ## § 179E: Election to expense advanced mine safety equipment - § 179E(g): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 181: Treatment of certain qualified productions - § 181(f): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 402A: Optional treatment of elective deferrals as Roth contributions - § 402A(c)(4)(E): Pub. L. 112–240 added subpar. (E). ## § 408: Individual retirement accounts - § 408(d)(8)(F): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 451: General rule for taxable year of inclusion - § 451(i)(3): Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2012” in introductory provisions. ## § 460: Special rules for long-term contracts - § 460(c)(6)(B): Pub. L. 112–240 inserted “, or after December 31, 2012, and before January 1, 2014 (January 1, 2015, in the case of property described in section 168(k)(2)(B))” before period at end. ## § 512: Unrelated business taxable income - § 512(b)(13)(E): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 531: Imposition of accumulated earnings tax - § 531: Pub. L. 112–240 substituted “20 percent” for “15 percent”. ## § 541: Imposition of personal holding company tax - § 541: Pub. L. 112–240 substituted “20 percent” for “15 percent”. ## § 871: Tax on nonresident alien individuals - § 871(k)(1)(C), § 871(k)(2)(C): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 897: Disposition of investment in United States real property - § 897(h)(4)(A)(ii): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 904: Limitation on credit - § 904(i), § 904(j), § 904(k), § 904: Pub. L. 112–240 redesignated subsecs. (j) to (l) as (i) to (k), respectively, and struck out former subsec. (i). Text read as follows: “In the case of any taxable year of an individual to which section 26(a)(2) does not apply, for purposes of subsection (a), the tax against which the credit is taken is such tax reduced by the sum of the credits allowable under subpart A of part IV of subchapter A of this chapter (other than sections 23, 24, 25A(i), 25B, 30 30B,, and 30D).” ## § 953: Insurance income - § 953(e)(10): Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2012” and “December 31, 2013” for “December 31, 2011”. ## § 954: Foreign base company income - § 954(c)(6)(C): Pub. L. 112–240, § 323(a), substituted “January 1, 2014” for “January 1, 2012”. - § 954(h): Pub. L. 112–240, § 322(b), substituted “January 1, 2014” for “January 1, 2012”. ## § 1202: Partial exclusion for gain from certain small business stock - § 1202(a)(2)(C): Pub. L. 112–240, § 327(b), substituted “2018” for “2016” in heading and “December 31, 2018” for “December 31, 2016” in text. - § 1202(a)(3): Pub. L. 112–240, § 324(b)(1), inserted concluding provisions. - § 1202(a)(4): Pub. L. 112–240, § 324(b)(2), inserted concluding provisions. - § 1202(a)(4): Pub. L. 112–240, § 324(a), substituted “, 2011, 2012, and 2013” for “and 2011” in heading and “January 1, 2014” for “January 1, 2012” in introductory provisions. ## § 1367: Adjustments to basis of stock of shareholders, etc. - § 1367(a)(2): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011” in concluding provisions. ## § 1374: Tax imposed on certain built-in gains - § 1374(d)(2)(B): Pub. L. 112–240, § 326(b), inserted “described in subparagraph (A)” after “for any taxable year”. - § 1374(d)(7): Pub. L. 112–240, § 326(a)(1), (2), added subpar. (C) and redesignated former subpar. (C) as (D). - § 1374(d)(7): Pub. L. 112–240, § 326(a)(3), added subpar. (E). ## § 1391: Designation procedure - § 1391(d)(1)(A)(i): Pub. L. 112–240 substituted “December 31, 2013” for “December 31, 2011”. ## § 1445: Withholding of tax on dispositions of United States real property interests - § 1445(e)(1): Pub. L. 112–240, § 102(c)(1)(C), substituted “20 percent” for “15 percent” in introductory provisions. - § 1445(e)(6): Pub. L. 112–240, § 102(c)(3), substituted “20 percent” for “15 percent (20 percent in the case of taxable years beginning after December 31, 2010)”. ## § 2001: Imposition and rate of tax - § 2001(c): Pub. L. 112–240 substituted in table separate tentative tax rates for amounts over $500,000 but not over $750,000, over $750,000 but not over $1,000,000, and over $1,000,000, respectively, for single tentative tax rate for amounts over $500,000. ## § 2010: Unified credit against estate tax - § 2010(c)(4)(B)(i): Pub. L. 112–240 substituted “applicable exclusion amount” for “basic exclusion amount”. ## § 4101: Registration and bond - § 4101(a)(1): Pub. L. 112–240 substituted “second generation biofuel” for “cellulosic biofuel”. ## § 6103: Confidentiality and disclosure of returns and return information - § 6103(a)(3): Pub. L. 112–240, § 209(b)(1), inserted “subsection (k)(10),” after “subsection (e)(1)(D)(iii),”. - § 6103(k)(10): Pub. L. 112–240, § 209(a), amended par. (10) generally. Prior to amendment, par. (10) related to disclosure of certain return information to certain prison officials. - § 6103(p)(4): Pub. L. 112–240, § 209(b)(2)(A), (C), inserted “subsection (k)(10),” before “subsection (l)(10),” in introductory provisions and “subsection (k)(10) or” before “subsection (l)(10),” in two places in concluding provisions. - § 6103(p)(4)(F)(i): Pub. L. 112–240, § 209(b)(2)(B), inserted “subsection (k)(10) or” before “subsection (l)(10),”. ## § 6409: Refunds disregarded in the administration of Federal programs and federally assisted programs - § 6409: Pub. L. 112–240 amended section generally. Prior to amendment, section related to refunds disregarded in the administration of Federal programs and federally assisted programs and provided that the provisions were inapplicable to any amount received after Dec. 31, 2012. ## § 6426: Credit for alcohol fuel, biodiesel, and alternative fuel mixtures - § 6426(c)(6): Pub. L. 112–240, § 405(b)(1), substituted “December 31, 2013” for “December 31, 2011”. - § 6426(d)(5), § 6426(e)(3): Pub. L. 112–240, § 412(a), substituted “December 31, 2013” for “December 31, 2011”. ## § 6427: Fuels not used for taxable purposes - § 6427(e)(6)(B): Pub. L. 112–240, § 405(b)(2), substituted “December 31, 2013” for “December 31, 2011”. - § 6427(e)(6)(C): Pub. L. 112–240, § 412(b)(1), substituted “(as defined in section 6426(d)(2))” for “or alternative fuel mixture (as defined in subsection (d)(2) or (e)(3) of section 6426)” and “December 31, 2013,” for “December 31, 2011, and”. - § 6427(e)(6)(D): Pub. L. 112–240, § 412(b)(2)(A), struck out “or alternative fuel mixture” after “any alternative fuel”. - § 6427(e)(6)(E): Pub. L. 112–240, § 412(b)(2)(B), (3), added subpar. (E). ## § 7213: Unauthorized disclosure of information - § 7213(a)(2): Pub. L. 112–240 inserted “(k)(10),” before “(l)(6),”. ## § 7518: Tax incentives relating to merchant marine capital construction funds - § 7518(g)(6)(A): Pub. L. 112–240 substituted “20 percent” for “15 percent” in concluding provisions. ## § 7652: Shipments to the United States - § 7652(f)(1): Pub. L. 112–240 substituted “January 1, 2014” for “January 1, 2012”.