# Pub. L. 113-295: changes to the Internal Revenue Code 2014-12-19, 128 Stat. 4037. Source: . ## Legislative history - Bill: [H.R. 5771](https://www.congress.gov/bill/113th-congress/house-bill/5771) - Bluebook: [JCT general explanation (2017)](https://www.govinfo.gov/app/details/CPRT-114JPRT93497) ## § 1: Tax imposed - § 1(f)(7): Pub. L. 113–295 amended par. (7) generally. Prior to amendment, text read as follows: ## § 24: Child tax credit - § 24(d): Pub. L. 113–295 amended par. (4) generally. The amendment 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. As amended by Pub. L. 111–5, § 1003(a), par. (4) read as follows: “Special rule for 2009 and 2010.—Notwithstanding paragraph (3), in the case of any taxable year beginning in 2009 or 2010, the dollar amount in effect for such taxable year under paragraph (1)(B)(i) shall be $3,000.” See 2009 Amendment and Effective Date of 2014 Amendment notes below. ## § 25A: American Opportunity and Lifetime Learning credits - § 25A(i): Pub. L. 113–295 substituted “For purposes of determining the Hope Scholarship Credit, subsection (f)(1)(A) shall be applied” for “Subsection (f)(1)(A) shall be applied”. ## § 25C: Energy efficient home improvement credit - § 25C(g): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 26: Limitation based on tax liability; definition of tax liability - § 26(b)(2)(B): Pub. L. 113–295, § 221(a)(12)(B), struck out subpar. (B) which read as follows: “section 59A (relating to environmental tax),”. - § 26(b)(2)(Y): Pub. L. 113–295, § 102(e)(1), added subpar. (Y). ## § 30B: Alternative motor vehicle credit - § 30B(h)(5)(B): Pub. L. 113–295, § 218(a), inserted “(determined without regard to subsection (g))” before period at end. - § 30B(h)(8): Pub. L. 113–295, § 220(a), substituted “vehicle), except that” for “vehicle)., except that”. ## § 30C: Alternative fuel vehicle refueling property credit - § 30C(e)(1): Pub. L. 113–295, § 218(b), amended par. (1) generally. Prior to amendment, text read as follows: “The basis of any property shall be reduced by the portion of the cost of such property taken into account under subsection (a).” - § 30C(e): Pub. L. 113–295, § 221(a)(34)(B), added par. (7). - § 30C(g): Pub. L. 113–295, § 161(a), substituted “placed in service after December 31, 2014.” for “placed in service— ## § 30D: Clean vehicle credit - § 30D(f)(1), § 30D(f)(2): Pub. L. 113–295, § 209(e)(1)(A), (B), inserted “(determined without regard to subsection (c))” before period at end. - § 30D(f)(3): Pub. L. 113–295, § 209(e)(2), inserted at end “For purposes of subsection (c), property to which this paragraph applies shall be treated as of a character subject to an allowance for depreciation.” ## § 32: Earned income - § 32(b)(1): Pub. L. 113–295, § 221(a)(3)(A), struck out subpar. (A) designation, heading “In general”, and introductory provisions “In the case of taxable years beginning after 1995:” before the table and struck out subpars. (B) and (C) which related to transitional percentages for 1995 and transitional percentages for 1994, respectively, and realigned margins. - § 32(b)(2)(B): Pub. L. 113–295, § 221(a)(3)(B), substituted “increased by $3,000.” for “increased by— - § 32(b): Pub. L. 113–295, § 206(a), substituted “after 2009” for “in 2010” in introductory provisions. ## § 35: Health insurance costs of eligible individuals - § 35(g)(9), § 35(g)(10), § 35(g)(11): Pub. L. 113–295, § 209(j)(3), amended directory language of Pub. L. 111–5, § 3001(a)(14)(A). See 2009 Amendment notes below. ## § 38: General business credit - § 38(b)(35), § 38(b)(36), § 38(b)(37): Pub. L. 113–295, § 221(a)(2)(B), inserted “plus” at end of par. (35), redesignated par. (37) as (36), and struck out former par. (36) which read as follows: “the portion of the qualified plug-in electric vehicle credit to which section 30(c)(1) applies, plus”. - § 38(b)(35), § 38(b)(36), § 38(b)(37): Pub. L. 113–295, § 209(f)(1), struck out “plus” at end of par. (35), added par. (36), and redesignated former par. (36) as (37). Amendment was executed to subsec. (b) as it appeared after amendment by Pub. L. 111–148, § 1421(b), to reflect the probable intent of Congress, despite amendment being effective as if included in the enactment of Pub. L. 111–5. See 2010 Amendment and Effective Date of 2014 Amendment notes below. - § 38(c)(2)(A): Pub. L. 113–295, § 220(b), substituted “credit” for “credit credit” in introductory provisions. - § 38(d): Pub. L. 113–295, § 221(a)(6), struck out par. (3) which related to ordering of credits no longer listed. ## § 40: Alcohol, etc., used as fuel - § 40(b)(6)(J)(i): Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014”. ## § 40A: Biodiesel and renewable diesel used as fuel - § 40A(g): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 41: Credit for increasing research activities - § 41(h)(1): Pub. L. 113–295 substituted “paid or incurred after December 31, 2014.” for “paid or incurred— ## § 42: Low-income housing credit - § 42(b)(1): Pub. L. 113–295, § 212(a), substituted “For purposes of this section—” for “For purposes of this section, the term”, inserted subpar. (A) designation and heading, and inserted “The term” at beginning of subpar. (A). - § 42(b)(2)(A): Pub. L. 113–295, § 112(a), substituted “January 1, 2015” for “January 1, 2014”. - § 42(h)(3)(C)(ii)(I): Pub. L. 113–295, § 221(a)(7), struck out “($1.50 for 2001)” after “$1.75”. ## § 45: Electricity produced from certain renewable resources, etc. - § 45(b)(2): Pub. L. 113–295, § 210(g)(1), substituted “$2 amount” for “$3 amount”. - § 45(d): Pub. L. 113–295, § 155(a), substituted “January 1, 2015” for “January 1, 2014” wherever appearing. - § 45(e)(10)(A)(i), § 45(e)(10)(A)(ii)(II): Pub. L. 113–295, § 154(a), substituted “9-year period” for “8-year period”. ## § 45A: Indian employment credit - § 45A(b)(1)(B): Pub. L. 113–295, § 216(a), inserted at end “If any portion of wages are taken into account under subsection (e)(1)(A) of section 51, the preceding sentence shall be applied by substituting ‘2-year period’ for ‘1-year period’.” - § 45A(f): Pub. L. 113–295, § 114(a), substituted “December 31, 2014” for “December 31, 2013”. ## § 45C: Clinical testing expenses for certain drugs for rare diseases or conditions - § 45C(b)(1): Pub. L. 113–295 amended subpar. (D) generally. Prior to amendment, text read as follows: “For purposes of this paragraph, section 41 shall be deemed to remain in effect for periods after June 30, 1995, and before July 1, 1996, and periods after December 31, 2013.” ## § 45D: New markets tax credit - § 45D(f)(1)(G): Pub. L. 113–295, § 115(a), substituted “2013, and 2014” for “and 2013”. - § 45D(f)(3): Pub. L. 113–295, § 115(b), substituted “2019” for “2018”. ## § 45G: Railroad track maintenance credit - § 45G: Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014”. ## § 45K: Credit for producing fuel from a nonconventional source - § 45K(g)(2)(E): Pub. L. 113–295 amended subpar. (E) generally. Prior to amendment, text read as follows: “No credit shall be allowed with respect to any qualified fuel which is steel industry fuel (as defined in section 45(c)(7)) if a credit is allowed to the taxpayer for such fuel under section 45.” ## § 45L: New energy efficient home credit - § 45L(g): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 45N: Mine rescue team training credit - § 45N(e): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 45P: Employer wage credit for employees who are active duty members of the uniformed services - § 45P: Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 45Q: Credit for carbon oxide sequestration - § 45Q(d)(2): Pub. L. 113–295 substituted “Administrator of the Environmental Protection Agency, the Secretary of Energy, and the Secretary of the Interior, shall establish” for “Administrator of the Environmental Protection Agency the Secretary of Energy, and the Secretary of the Interior,, shall establish”. ## § 46: Amount of credit - § 46(4): Pub. L. 113–295 inserted a comma at end. ## § 48: Energy credit - § 48(a)(5)(C)(ii): Pub. L. 113–295, § 155(b), substituted “January 1, 2015” for “January 1, 2014”. - § 48(d)(3)(A): Pub. L. 113–295, § 209(d), inserted “or alternative minimum taxable income” after “includible in the gross income”. ## § 48C: Qualifying advanced energy project credit - § 48C(b)(3): Pub. L. 113–295, § 209(g), inserted “as the qualified investment” after “The amount which is treated”. - § 48C(c)(1)(A)(i)(VI): Pub. L. 113–295, § 221(a)(2)(C), struck out “, qualified plug-in electric vehicles (as defined by section 30(d)),” before “or components”. ## § 50: Other special rules - § 50(a)(2)(E): Pub. L. 113–295 inserted “, 48A(b)(3), 48B(b)(3), 48C(b)(2), or 48D(b)(4)” after “in section 48(b)”. ## § 51: Amount of credit - § 51(c)(4): Pub. L. 113–295 substituted “for the employer after December 31, 2014” for “for the employer— ## § 53: Credit for prior year minimum tax liability - § 53(e), § 53: Pub. L. 113–295 struck out subsecs. (e) and (f) which related to special rule for individuals with long-term unused credits and treatment of certain underpayments, interest, and penalties attributable to the treatment of incentive stock options, respectively. ## § 55: Alternative minimum tax imposed - § 55(d)(4)(B)(ii): Pub. L. 113–295, § 202(c)(1), inserted “subparagraphs (A), (B), and (D) of” before “paragraph (1)”. - § 55(d)(4): Pub. L. 113–295, § 202(c)(2), substituted “increased amount” for “increase”. ## § 56: Adjustments in computing alternative minimum taxable income - § 56(b)(1)(C): Pub. L. 113–295, § 221(a)(25)(B), redesignated cls. (iii) to (v) as (ii) to (iv), respectively, and struck out former cl. (ii) which read as follows: “sections 163(d)(6) and 163(h)(5) (relating to phase-ins) shall not apply,”. - § 56(d): Pub. L. 113–295, § 221(a)(30)(C), struck out par. (3). Text read as follows: “In the case of a taxpayer which has a qualified disaster loss (as defined by section 172(b)(1)(J)) for the taxable year, paragraph (1) shall be applied by increasing the amount determined under subparagraph (A)(ii)(I) thereof by the sum of the carrybacks and carryovers of such loss.” - § 56: Pub. L. 113–295, § 215(b), substituted “an organization to which part I of subchapter T (relating to tax treatment of cooperatives) applies which is engaged in the marketing of agricultural or horticultural products” for “a cooperative described in section 927(a)(4)”. See 2007 Amendment note below. - § 56: Pub. L. 113–295, § 221(a)(9), substituted “Clause (i)” for “In the case of any taxable year beginning after December 31, 1992, clause (i)”. ## § 57: Items of tax preference - § 57(a)(1): Pub. L. 113–295, § 221(a)(10), substituted “This paragraph” for “Effective with respect to taxable years beginning after December 31, 1992, this paragraph”. - § 57(a)(2)(E)(i): Pub. L. 113–295, § 221(a)(11)(A), substituted “This paragraph” for “In the case of any taxable year beginning after December 31, 1992, this paragraph”. - § 57(a)(2)(E)(ii): Pub. L. 113–295, § 221(a)(11)(B), struck out “(30 percent in case of taxable years beginning in 1993)” after “40 percent”. ## § 58: Denial of certain losses - § 58(a)(2)(A): Pub. L. 113–295, § 221(a)(58)(E), substituted “section 461(j)” for “section 464(c)”. - § 58(b): Pub. L. 113–295, § 221(a)(60)(B), inserted “and” at end of par. (1), redesignated par. (3) as (2) and struck out former par. (2) which read as follows: “the provisions of section 469(m) (relating to phase-in of disallowance) shall not apply, and”. ## § 62: Adjusted gross income defined - § 62(a)(2)(D): Pub. L. 113–295, § 101(a), substituted “2013, or 2014” for “or 2013”. - § 62(a)(14): Pub. L. 113–295, § 221(a)(34)(C), struck out par. (14). Text read as follows: “The deduction allowed by section 179A.” ## § 63: Taxable income defined - § 63(c)(1): Pub. L. 113–295, § 221(a)(13)(A), added subpars. (A) and (B) and struck out former subpars. (A) to (E) which read as follows: - § 63(c)(7), § 63(c): Pub. L. 113–295, § 221(a)(13)(B), struck out pars. (7) to (9) which related to real property tax deduction, disaster loss deduction, and motor vehicle sales tax deduction, respectively. ## § 72: Annuities; certain proceeds of endowment and life insurance contracts - § 72(c)(4): Pub. L. 113–295, § 221(a)(14)(A), struck out “; except that if such date was before January 1, 1954, then the annuity starting date is January 1, 1954” before period at end. - § 72(g)(3): Pub. L. 113–295, § 221(a)(14)(B), struck out “January 1, 1954, or” before “the first day”. - § 72(g)(3): Pub. L. 113–295, § 221(a)(14)(B), which directed striking out “, whichever is later”, was executed by striking out “, whichever is the later” after “as an annuity” to reflect the probable intent of Congress. ## § 85: Unemployment compensation - § 85(c): Pub. L. 113–295 struck out subsec. (c). Text read as follows: “In the case of any taxable year beginning in 2009, gross income shall not include so much of the unemployment compensation received by an individual as does not exceed $2,400.” ## § 105: Amounts received under accident and health plans - § 105(f): Pub. L. 113–295 struck out “or (d)” after “subsection (c)”. ## § 106: Contributions by employer to accident and health plans - § 106(c)(1): Pub. L. 113–295 substituted “Gross income” for “Effective on and after January 1, 1997, gross income”. ## § 108: Income from discharge of indebtedness - § 108(a)(1)(E): Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014”. ## § 112: Certain combat zone compensation of members of the Armed Forces - § 112(c)(2): Pub. L. 113–295, § 221(a)(18)(A), struck out “(after June 24, 1950)” after “are or have”. - § 112(c)(3): Pub. L. 113–295, § 221(a)(18)(B), substituted “such zone.” for “such zone; except that June 25, 1950, shall be considered the date of the commencing of combatant activities in the combat zone designated in Executive Order 10195.” ## § 121: Exclusion of gain from sale of principal residence - § 121(b)(3): Pub. L. 113–295, § 221(a)(20), struck out subpar. (A) designation and heading and subpar. (B) and realigned margins. Prior to amendment, text of subpar. (B) read as follows: “Subparagraph (A) shall be applied without regard to any sale or exchange before May 7, 1997.” - § 121(b)(4), § 121(b)(5): Pub. L. 113–295, § 212(c), redesignated par. (4), relating to exclusion of gain allocated to nonqualified use, as (5). - § 121(d)(12)(B): Pub. L. 113–295, § 213(c)(1), inserted “of paragraph (9)” after “and (D)”. ## § 122: Certain reduced uniformed services retirement pay - § 122(b)(1): Pub. L. 113–295 struck out “after December 31, 1965,” after “all amounts received”. ## § 125: Cafeteria plans - § 125(b)(2): Pub. L. 113–295, § 220(f), substituted “qualified benefits” for “statutory nontaxable benefits” in two places. - § 125(h)(1): Pub. L. 113–295, § 213(b), inserted “(and shall not fail to be treated as an accident or health plan)” before “merely”. - § 125(h)(2): Pub. L. 113–295, § 220(g), substituted “means any” for “means, any” in introductory provisions. ## § 126: Certain cost-sharing payments - § 126(a)(6), § 126(a)(7), § 126(a)(8), § 126(a): Pub. L. 113–295 redesignated pars. (7) to (10) as (6) to (9), respectively, and struck out former par. (6) which read as follows: “The great plains conservation program authorized by section 16 of the Soil Conservation and Domestic Policy Act (16 U.S.C. 590p(b)).” ## § 132: Certain fringe benefits - § 132(f)(2): Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014” in concluding provisions. ## § 143: Mortgage revenue bonds: qualified mortgage bond and qualified veterans’ mortgage bond - § 143(k)(12), § 143(k)(13): Pub. L. 113–295 redesignated par. (12), relating to special rules for residences destroyed in federally declared disasters, as (13). ## § 162: Trade or business expenses - § 162(g): Pub. L. 113–295, § 221(a)(23), struck out concluding provisions which read as follows: “The preceding sentence shall not apply with respect to any conviction or plea before January 1, 1970, or to any conviction or plea on or after such date in a new trial following an appeal of a conviction before such date.” - § 162(h)(4): Pub. L. 113–295, § 221(a)(24), substituted “This subsection” for “For taxable years beginning after December 31, 1980, this subsection”. ## § 163: Interest - § 163(d): Pub. L. 113–295, § 221(a)(25)(A)(i), struck out par. (6) which related to phase-in of disallowance. - § 163(h)(3)(E)(iv)(I): Pub. L. 113–295, § 104(a), substituted “December 31, 2014” for “December 31, 2013”. - § 163(h)(4): Pub. L. 113–295, § 220(h), substituted “Department of Veterans Affairs or the Rural Housing Service” for “Veterans Administration or the Rural Housing Administration”. - § 163(h)(5): Pub. L. 113–295, § 221(a)(25)(A)(ii), struck out par. (5). Text read as follows: “In the case of any taxable year beginning in calendar years 1987 through 1990, the amount of interest with respect to which a deduction is disallowed under this subsection shall be equal to the applicable percentage (within the meaning of subsection (d)(6)(B)) of the amount which (but for this paragraph) would have been so disallowed.” ## § 164: Taxes - § 164(a): Pub. L. 113–295, § 221(a)(12)(D), struck out par. (5) which read as follows: “The environmental tax imposed by section 59A.” - § 164(a): Pub. L. 113–295, § 221(a)(26), struck out par. (6) which read as follows: “Qualified motor vehicle taxes.” - § 164(b)(4)(A)(ii): Pub. L. 113–295, § 221(a)(95)(B)(ii), inserted “(as in effect before its repeal)” after “section 2604”. - § 164(b)(5): Pub. L. 113–295, § 105(a), substituted “January 1, 2015” for “January 1, 2014”. - § 164(b)(6): Pub. L. 113–295, § 221(a)(26), struck out par. (6) which related to qualified motor vehicle taxes. - § 164(b)(6): Pub. L. 113–295, § 209(c), redesignated subpars. (F) and (G) as (E) and (F), respectively, substituted “Subsection (a)(6)” for “This paragraph” in subpars. (E) and (F), and struck out former subpar. (E). Prior to amendment, text of former subpar. (E) read as follows: “The last sentence of subsection (a) shall not apply to any qualified motor vehicle taxes.” ## § 165: Losses - § 165(h)(1): Pub. L. 113–295, § 211(c)(1)(C), substituted “Dollar” for “$100” in heading. - § 165(h)(3): Pub. L. 113–295, § 221(a)(27)(A), redesignated par. (4) as (3) and struck out former par. (3) which related to special rule for losses in federally declared disasters. - § 165(h)(3)(B): Pub. L. 113–295, § 221(a)(27)(B), substituted “paragraph (2)” for “paragraphs (2) and (3)”. - § 165(h)(4), § 165(h)(5): Pub. L. 113–295, § 221(a)(27)(A), redesignated par. (5) as (4). Former par. (4) redesignated (3). - § 165(i)(1): Pub. L. 113–295, § 221(a)(27)(C)(i), struck out “(as defined by clause (ii) of subsection (h)(3)(C))” after “disaster area” and “(as defined by clause (i) of such subsection)” after “federally declared disaster”. - § 165(i)(4): Pub. L. 113–295, § 221(a)(27)(C)(ii), struck out “(as defined by subsection (h)(3)(C)(i)” after “federally declared disaster”. - § 165(i)(5): Pub. L. 113–295, § 221(a)(27)(C)(iii), added par. (5). ## § 168: Accelerated cost recovery system - § 168(b)(5): Pub. L. 113–295, § 210(g)(2)(A), substituted “paragraph (2)(D)” for “paragraph (2)(C)”. - § 168(e)(3)(A)(i)(I): Pub. L. 113–295, § 121(a)(1), substituted “January 1, 2015” for “January 1, 2014”. - § 168(e)(3)(A)(i)(II): Pub. L. 113–295, § 121(a)(2), substituted “December 31, 2014” for “December 31, 2013”. - § 168(e)(3)(E)(iv), § 168(e)(3)(E)(v), § 168(e)(3)(E): Pub. L. 113–295, § 122(a), substituted “January 1, 2015” for “January 1, 2014”. - § 168(e): Pub. L. 113–295, § 211(b), inserted “which is not qualified leasehold improvement property” after “Property described in this paragraph”. - § 168(i)(15)(D): Pub. L. 113–295, § 123(a), substituted “December 31, 2014” for “December 31, 2013”. - § 168(i)(18)(A)(ii), § 168(i)(19)(A)(ii): Pub. L. 113–295, § 210(c), substituted “16 years” for “10 years”. - § 168(j)(8): Pub. L. 113–295, § 124(a), substituted “December 31, 2014” for “December 31, 2013”. - § 168(k): Pub. L. 113–295, § 125(d)(1), substituted “January 1, 2015” for “January 1, 2014” in heading. - § 168(k)(2): Pub. L. 113–295, § 125(a)(2), substituted “January 1, 2015” for “January 1, 2014” wherever appearing. - § 168(k)(2)(A): Pub. L. 113–295, § 125(a)(1), substituted “January 1, 2016” for “January 1, 2015”. - § 168(k)(2)(B)(i)(IV): Pub. L. 113–295, § 214(b), substituted “clause also applies” for “clauses also apply”. - § 168(k)(2)(B)(ii): Pub. L. 113–295, § 125(d)(2), substituted “pre-January 1, 2015” for “pre-January 1, 2014” in heading. - § 168(k)(4): Pub. L. 113–295, § 210(g)(2)(B), substituted “subsection (b)(2)(D)” for “subsection (b)(2)(C)” in concluding provisions. - § 168(k)(4): Pub. L. 113–295, § 125(c)(1), substituted “January 1, 2015” for “January 1, 2014”. - § 168(k)(4): Pub. L. 113–295, § 212(b), substituted “adjusted net minimum tax” for “adjusted minimum tax”. - § 168(k)(4): Pub. L. 113–295, § 202(e), substituted “its first taxable year ending after December 31, 2010” for “any taxable year ending after December 31, 2010” in introductory provisions. - § 168(k)(4): Pub. L. 113–295, § 125(c)(2), added subpar. (K). - § 168(l)(2)(D): Pub. L. 113–295, § 157(a), substituted “January 1, 2015” for “January 1, 2014”. - § 168(m)(2)(B)(i): Pub. L. 113–295, § 210(d), substituted “subsection (k) (determined without regard to paragraph (4) thereof)” for “section 168(k)”. - § 168(n)(2)(C): Pub. L. 113–295, § 125(d)(3), substituted “January 1, 2015” for “January 1, 2014”. ## § 170: Charitable, etc., contributions and gifts - § 170(b)(1)(E): Pub. L. 113–295, § 106(a), substituted “December 31, 2014” for “December 31, 2013”. - § 170(b)(2)(B): Pub. L. 113–295, § 106(b), substituted “December 31, 2014” for “December 31, 2013”. - § 170(b): Pub. L. 113–295, § 221(a)(28)(A), struck out par. (3) which related to temporary suspension of limitations on charitable contributions. - § 170(e)(3)(C)(iv): Pub. L. 113–295, § 126(a), substituted “December 31, 2014” for “December 31, 2013”. - § 170(e)(6): Pub. L. 113–295, § 221(a)(28)(B), struck out par. (6) which related to special rule for contributions of computer technology and equipment for educational purposes. - § 170(k): Pub. L. 113–295, § 221(a)(28)(C), struck out subsec. (k). Text read as follows: “For disallowance of deductions for contributions to or for the use of communist controlled organizations, see section 11(a) of the Internal Security Act of 1950 (50 U.S.C. 790).” ## § 171: Amortizable bond premium - § 171(b)(1)(B): Pub. L. 113–295, § 221(a)(29)(A), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: - § 171(b)(2), § 171(b)(3)(B): Pub. L. 113–295, § 221(a)(29)(B), substituted “paragraph (1)(B)(i)” for “paragraph (1)(B)(ii)”. ## § 172: Net operating loss deduction - § 172(b)(1)(D): Pub. L. 113–295, § 221(a)(30)(A)(i), redesignated subpar. (E) as (D) and struck out former subpar. (D). Prior to amendment, text of subpar. (D) read as follows: “In the case of any bank (as defined in section 585(a)(2)), the portion of the net operating loss for any taxable year beginning after December 31, 1986, and before January 1, 1994, which is attributable to the deduction allowed under section 166(a) shall be a net operating loss carryback to each of the 10 taxable years preceding the taxable year of the loss and a net operating loss carryover to each of the 5 taxable years following the taxable year of such loss.” - § 172(b)(1)(D)(i)(II): Pub. L. 113–295, § 221(a)(30)(B)(i), struck out “ending after August 2, 1989” after “loss limitation year”. - § 172(b)(1)(D)(ii): Pub. L. 113–295, § 221(a)(30)(B)(ii), substituted “subsection (g)” for “subsection (h)”. - § 172(b)(1): Pub. L. 113–295, § 221(a)(30)(A)(i), redesignated subpar. (F) as (E). Former subpar. (E) redesignated (D). - § 172(b)(1): Pub. L. 113–295, § 221(a)(30)(B)(iv), substituted “subsection (h)).” for “subsection (i)) or qualified disaster loss (as defined in subsection (j)).” in concluding provisions. - § 172(b)(1): Pub. L. 113–295, § 221(a)(30)(B)(iii), substituted “section 165(i)(5)” for “section 165(h)(3)(C)(i)”. - § 172(b)(1): Pub. L. 113–295, § 221(a)(30)(B)(v), substituted “subsection (h)” for “subsection (i)”. - § 172(b)(1): Pub. L. 113–295, § 221(a)(30)(A)(i), redesignated subpar. (G) as (F). Former subpar. (F) redesignated (E). - § 172(b)(1): Pub. L. 113–295, § 211(c)(1)(B), substituted “section 165(h)(3)(C)(i)” for “subsection (h)(3)(C)(i)”. - § 172(b)(1): Pub. L. 113–295, § 221(a)(30)(A)(i), redesignated subpar. (G) as (F) and struck out subpars. (H) to (J) which related to carryback for 2008 or 2009 net operating losses, transmission property and pollution control investment, and certain losses attributable to federally declared disasters, respectively. - § 172(d)(5): Pub. L. 113–295, § 221(a)(41)(B), amended par. (5) generally. Prior to amendment, text read as follows: “The deductions allowed by sections 243 (relating to dividends received by corporations), 244 (relating to dividends received on certain preferred stock of public utilities), and 245 (relating to dividends received from certain foreign corporations) shall be computed without regard to section 246(b) (relating to limitation on aggregate amount of deductions); and the deduction allowed by section 247 (relating to dividends paid on certain preferred stock of public utilities) shall be computed without regard to subsection (a)(1)(B) of such section.” - § 172(g): Pub. L. 113–295, § 221(a)(30)(A)(ii), redesignated subsec. (h) as (g) and struck out former subsec. (g) which related to rules relating to bad debt losses of commercial banks. - § 172(g)(2): Pub. L. 113–295, § 221(a)(30)(B)(vi), struck out subpar. (F). Text read as follows: “If any of the 3 taxable years described in subparagraph (C)(ii) end on or before August 2, 1989, the taxpayer may substitute for the amount determined under such subparagraph an amount equal to the interest paid or accrued (determined on an annualized basis) during the taxpayer’s taxable year which includes August 3, 1989, on indebtedness of the taxpayer outstanding on August 2, 1989.” - § 172(g): Pub. L. 113–295, § 221(a)(30)(B)(vii), substituted “subsection (b)(1)(D)” for “subsection (b)(1)(E)”. - § 172: Pub. L. 113–295, § 221(a)(30)(A)(ii), redesignated subsec. (i) as (h). Former subsec. (h) redesignated (g). - § 172: Pub. L. 113–295, § 221(a)(30)(B)(viii), struck out concluding provisions which read as follows: “Such term shall not include any qualified disaster loss (as defined in subsection (j)).” - § 172: Pub. L. 113–295, § 221(a)(30)(B)(ix), substituted “subsection (b)(1)(F)” for “subsection (b)(1)(G)” in two places. - § 172: Pub. L. 113–295, § 221(a)(30)(A)(ii), redesignated subsecs. (i) and (k) as (h) and (i), respectively, and struck out subsec. (j) which related to rules relating to qualified disaster losses. ## § 174: Amortization of research and experimental expenditures - § 174(a)(2)(A): Pub. L. 113–295, § 221(a)(31), amended subpar. (A) generally. Prior to amendment, text read as follows: “A taxpayer may, without the consent of the Secretary, adopt the method provided in this subsection for his first taxable year— - § 174(b): Pub. L. 113–295, § 221(a)(32), struck out “beginning after December 31, 1953” after “for any taxable year”. ## § 175: Soil and water conservation expenditures; endangered species recovery expenditures - § 175(d)(1): Pub. L. 113–295 amended par. (1) generally. Prior to amendment, text read as follows: “A taxpayer may, without the consent of the Secretary, adopt the method provided in this section for his first taxable year— ## § 179: Election to expense certain depreciable business assets - § 179(b)(1): Pub. L. 113–295, § 127(a)(1)(A), substituted “beginning after 2009 and before 2015” for “beginning in 2010, 2011, 2012, or 2013”. - § 179(b)(1): Pub. L. 113–295, § 127(a)(1)(B), substituted “2014” for “2013”. - § 179(b)(2): Pub. L. 113–295, § 127(a)(2)(A), substituted “beginning after 2009 and before 2015” for “beginning in 2010, 2011, 2012, or 2013”. - § 179(b)(2): Pub. L. 113–295, § 127(a)(2)(B), substituted “2014” for “2013”. - § 179(c)(2): Pub. L. 113–295, § 127(c), substituted “2015” for “2014”. - § 179(d)(1)(A)(ii): Pub. L. 113–295, § 127(b), substituted “2015” for “2014”. - § 179: Pub. L. 113–295, § 127(d)(1), substituted “beginning after 2009 and before 2015” for “beginning in 2010, 2011, 2012, or 2013” in introductory provisions. - § 179: Pub. L. 113–295, § 127(d)(2)(A), substituted “2014” for “2013” wherever appearing. - § 179: Pub. L. 113–295, § 127(d)(2)(B), substituted “2011, 2012, and 2013” for “2011 and 2012” in heading. ## § 179D: Energy efficient commercial buildings deduction - § 179D(h): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 179E: Election to expense advanced mine safety equipment - § 179E(g): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 181: Treatment of certain qualified productions - § 181(f): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 183: Activities not engaged in for profit - § 183(e)(1): Pub. L. 113–295 struck out “For purposes of the preceding sentence, a taxpayer shall be treated as not having engaged in an activity during any taxable year beginning before January 1, 1970.” at end. ## § 219: Retirement savings - § 219(b)(5)(A): Pub. L. 113–295, § 221(a)(38)(A), amended subpar. (A) generally. Prior to amendment, subpar. (A) listed deductible amounts for taxable years 2002 to 2008 and thereafter. - § 219(b)(5)(B)(ii): Pub. L. 113–295, § 221(a)(38)(B), amended cl. (ii) generally. Prior to amendment, cl. (ii) listed applicable amounts for taxable years 2002 to 2006 and thereafter. - § 219(b)(5)(C), § 219(b)(5): Pub. L. 113–295, § 221(a)(38)(C), redesignated subpar. (D) as (C) and struck out former subpar. (C) which related to catchup contributions for certain individuals for taxable years beginning before Dec. 31, 2009. - § 219(f)(4): Pub. L. 113–295, § 221(a)(39)(A), struck out par. (4). Text read as follows: “The Secretary shall prescribe regulations which prescribe the time and the manner in which reports to the Secretary and plan participants shall be made by the plan administrator of a qualified employer or government plan receiving qualified voluntary employee contributions.” - § 219(g)(2)(A)(ii): Pub. L. 113–295, § 221(a)(38)(D), struck out “for a taxable year beginning after December 31, 2006” after “joint return”. - § 219(g)(3)(B)(i), § 219(g)(3)(B)(ii): Pub. L. 113–295, § 221(a)(38)(E), added cls. (i) and (ii) and struck out former cls. (i) and (ii) which related to applicable dollar amounts for a taxpayer filing a joint return for taxable years 1998 to 2007 and thereafter and for any other taxpayer (other than a married individual filing a separate return) for taxable years 1998 to 2005 and thereafter, respectively. - § 219(g)(8): Pub. L. 113–295, § 221(a)(38)(F), substituted “each of the dollar amounts in paragraphs (3)(B)(i), (3)(B)(ii), and (7)(A)” for “the dollar amount in the last row of the table contained in paragraph (3)(B)(i), the dollar amount in the last row of the table contained in paragraph (3)(B)(ii), and the dollar amount contained in paragraph (7)(A),” in introductory provisions. - § 219: Pub. L. 113–295, § 221(a)(39)(A), struck out subsec. (h) which read as follows: “For failure to provide required reports, see section 6652(g).” ## § 221: Interest on education loans - § 221(b)(1): Pub. L. 113–295 substituted “shall not exceed $2,500.” for “shall not exceed the amount determined in accordance with the following table:” and table of amounts for taxable years 1998 to 2001 and thereafter. ## § 243: Dividends received by corporations - § 243(c)(1): Pub. L. 113–295, § 221(a)(41)(C), amended par. (1) generally. Prior to amendment, par. (1) read as follows: “In the case of any dividend received from a 20-percent owned corporation— - § 243(d): Pub. L. 113–295, § 221(a)(41)(D), struck out par. (4) which read as follows: “Any dividend received which is described in section 244 (relating to dividends received on preferred stock of a public utility) shall not be treated as a dividend.” ## § 246: Rules applying to deductions for dividends received - § 246(a)(1): Pub. L. 113–295, § 221(a)(41)(E)(i), struck out “, 244,” after “sections 243”. - § 246(b)(1): Pub. L. 113–295, § 221(a)(41)(E)(ii), substituted “section 243(a)(1)” for “sections 243(a)(1), 244(a),” and “and subsection (a) or (b) of section 245,” for “244(a), subsection (a) or (b) of section 245, and 247,”. - § 246(c)(1): Pub. L. 113–295, § 221(a)(41)(E)(iii), struck out “, 244,” after “section 243” in introductory provisions. ## § 246A: Dividends received deduction reduced where portfolio stock is debt financed - § 246A(a), § 246A(e): Pub. L. 113–295 struck out “, 244,” after “section 243”. ## § 248: Organizational expenditures - § 248(c): Pub. L. 113–295 struck out “beginning after December 31, 1953,” after “any taxable year” and “The election shall apply only with respect to expenditures paid or incurred on or after August 16, 1954.” at end. ## § 249: Limitation on deduction of bond premium on repurchase - § 249(a): Pub. L. 113–295, § 220(i), substituted “1563(a)(1))” for “1563(a)(1)”. - § 249(b): Pub. L. 113–295, § 221(a)(43), which directed amendment of subsec. (b)(1) by striking out “, in the case of bonds or other evidences of indebtedness issued after February 28, 1913,” after “repurchase, or”, was executed by making the amendment in subsec. (b) to reflect the probable intent of Congress and the prior amendment by Pub. L. 112–95, § 1108(b). See 2012 Amendment note below. ## § 263: Capital expenditures - § 263(a)(1)(H): Pub. L. 113–295, § 221(a)(34)(D), struck out subpar. (H) which read as follows: “expenditures for which a deduction is allowed under section 179A,”. - § 263(g)(2)(B)(iii): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,” after “section 243”. ## § 267: Losses, expenses, and interest with respect to transactions between related taxpayers - § 267(d): Pub. L. 113–295, in concluding provisions, struck out “This subsection applies with respect to taxable years ending after December 31, 1953. ” after “by the taxpayer.” and “or by reason of section 118 of the Internal Revenue Code of 1939” after “sales)”. - § 267(d)(1): Pub. L. 113–295 struck out “(or by reason of section 24(b) of the Internal Revenue Code of 1939)” after “subsection (a)(1)”. - § 267(d)(2): Pub. L. 113–295 struck out “after December 31, 1953,” before “the taxpayer”. ## § 269: Acquisitions made to evade or avoid income tax - § 269(a): Pub. L. 113–295 struck out “or acquired on or after October 8, 1940,” after “persons acquire,” in par. (1) and after “corporation acquires,” in par. (2). ## § 274: Disallowance of certain entertainment, etc., expenses - § 274(n)(3): Pub. L. 113–295 struck out subpar. (A) designation and heading, substituted “substituting ‘80 percent’ for” for “substituting ‘the applicable percentage’ for”, and struck out subpar. (B) which listed the applicable percentage for taxable years 1998 to 2008 or thereafter. ## § 275: Certain taxes - § 275(a): Pub. L. 113–295 struck out “Paragraph (1) shall not apply to the tax imposed by section 59A.” at end of concluding provisions. ## § 277: Deductions incurred by certain membership organizations in transactions with members - § 277(a): Pub. L. 113–295 struck out “, 244,” after “sections 243”. ## § 279: Interest on indebtedness incurred by corporation to acquire stock or assets of another corporation - § 279(a)(2): Pub. L. 113–295, § 221(a)(47)(A)(i), struck out “after December 31, 1967,” after “(A) issued”. - § 279(b): Pub. L. 113–295, § 221(a)(47)(A)(ii), struck out “after October 9, 1969,” after “evidence of indebtedness issued” in introductory provisions. - § 279(d)(5): Pub. L. 113–295, § 221(a)(47)(A)(iii), struck out “after October 9, 1969, and” after “some time”. - § 279(i), § 279: Pub. L. 113–295, § 221(a)(47)(A)(iv), redesignated subsec. (j) as (i) and struck out former subsec. (i). Prior to amendment, text of subsec. (i) read as follows: “For purposes of this section, an obligation shall not be corporate acquisition indebtedness if issued after October 9, 1969, to provide consideration for the acquisition of— ## § 280F: Limitation on depreciation for luxury automobiles; limitation where certain property used for personal purposes - § 280F(a)(1): Pub. L. 113–295, § 221(a)(34)(E), struck out subpar. (C) which related to special rules for certain automobiles modified to be propelled by a clean burning fuel and for purpose built passenger vehicles that were placed in service between Aug. 5, 1997, and Jan. 1, 2007. - § 280F(d)(8), § 280F(d)(10): Pub. L. 113–295, § 220(j), substituted “subsection (a)(1)” for “subsection (a)(2)”. ## § 301: Distributions of property - § 301(e)(2): Pub. L. 113–295 struck out “, 244,” after “section 243” in concluding provisions. ## § 304: Redemption through use of related corporations - § 304(b)(3)(D): Pub. L. 113–295, § 221(a)(48)(B), struck out “and special rule” after “Definitions” in heading. - § 304(b)(3)(D): Pub. L. 113–295, § 221(a)(48)(A), struck out cl. (iii). Text read as follows: “In the case of a BHC which is formed before 1985, clause (i) of subparagraph (C) shall not apply.” ## § 312: Effect on earnings and profits - § 312(d)(2), § 312(d): Pub. L. 113–295, § 221(a)(49), redesignated par. (3) as (2) and struck out former par. (2) which read as follows: “In the case of a distribution of stock or securities, or property, to which section 115(h) of the Internal Revenue Code of 1939 (or the corresponding provision of prior law) applied, the effect on earnings and profits of such distribution shall be determined under such section 115(h), or the corresponding provision of prior law, as the case may be.” - § 312(k)(3)(B): Pub. L. 113–295, § 221(a)(34)(F), struck out “179A,” after “section 179,” in heading and in two places in text. ## § 355: Distribution of stock and securities of a controlled corporation - § 355(d)(3)(A), § 355(d)(3)(B)(i), § 355(d)(3)(B)(ii)(II): Pub. L. 113–295 struck out “after October 9, 1990, and” after “acquired by purchase”. ## § 362: Basis to corporations - § 362(a): Pub. L. 113–295 struck out “on or after June 22, 1954” after “If property was acquired” in introductory provisions. - § 362(c)(1)(A), § 362(c)(2)(A): Pub. L. 113–295 struck out “, on or after June 22, 1954,” after “by a corporation”. ## § 382: Limitation on net operating loss carryforwards and certain built-in losses following ownership change - § 382(l)(5)(F), § 382(l)(5)(G), § 382(l)(5): Pub. L. 113–295 redesignated subpars. (G) and (H) as (F) and (G), respectively, and struck out former subpar. (F) which related to a special rule for certain financial institutions for certain equity structure shifts and transactions occurring before May 10, 1989. ## § 401: Qualified pension, profit-sharing, and stock bonus plans - § 401(a)(9)(H): Pub. L. 113–295 struck out subpar. (H) which related to a waiver from the minimum distribution requirements of subsec. (a)(9) during calendar year 2009 for certain defined contribution and individual retirement plans. ## § 402: Taxability of beneficiary of employees’ trust - § 402(g)(1)(B): Pub. L. 113–295 substituted “is $15,000.” for “shall be the amount determined in accordance with the following table:” and struck out table at end listing applicable dollar amounts for fiscal years 2002 to 2006 and thereafter. ## § 402A: Optional treatment of elective deferrals as Roth contributions - § 402A(c)(4)(E)(iii): Pub. L. 113–295 substituted “403(b)(7)(A)(ii)” for “403(b)(7)(A)(i)”. ## § 408: Individual retirement accounts - § 408(d)(8)(F): Pub. L. 113–295, § 108(a), substituted “December 31, 2014” for “December 31, 2013”. - § 408(p)(2)(E)(i): Pub. L. 113–295, § 221(a)(53), amended cl. (i) generally. Prior to amendment, cl. (i) listed applicable dollar amounts for subsec. (p)(2)(A)(ii) for calendar years 2002 to 2005 and thereafter. ## § 409: Qualifications for tax credit employee stock ownership plans - § 409: Pub. L. 113–295 struck out subsec. (q) which related to cross-references. ## § 414: Definitions and special rules - § 414(n)(3)(C): Pub. L. 113–295, § 221(a)(19)(B)(i), struck out “120,” after “117(d),”. - § 414(t)(2): Pub. L. 113–295, § 221(a)(19)(B)(ii), struck out “120,” after “117(d),”. - § 414(v)(2)(B)(i), § 414(v)(2)(B)(ii): Pub. L. 113–295, § 221(a)(55), amended cls. (i) and (ii) generally. Prior to amendment, cls. (i) and (ii) listed applicable dollar amounts for taxable years 2002 to 2006 and thereafter for an applicable employer plan other than a plan described in section 401(k)(11) or 408(p) and an applicable employer plan described in section 401(k)(11) or 408(p), respectively. ## § 417: Definitions and special rules for purposes of minimum survivor annuity requirements - § 417(e)(3)(D): Pub. L. 113–295 substituted “if section 430(h)(2)(D)” for “if— ## § 423: Employee stock purchase plans - § 423(a): Pub. L. 113–295 struck out “after December 31, 1963,” after “option granted” in introductory provisions. ## § 430: Minimum funding standards for single-employer defined benefit pension plans - § 430(c)(5): Pub. L. 113–295, § 221(a)(57)(C)(i), struck out subpar. (A) designation and heading and subpar. (B) which related to a transition rule for plan years beginning after 2007 and before 2011. - § 430(h)(2): Pub. L. 113–295, § 221(a)(57)(D)(i), struck out subpar. (G) which related to a transition rule for plan years beginning in 2008 or 2009. ## § 431: Minimum funding standards for multiemployer plans - § 431(d)(1): Pub. L. 113–295, which directed amendment of subpar. (C) by substituting “December 31, 2015” for “December 31, 2014”, could not be executed because of previous repeal of subpar. (C) by Pub. L. 113–235, § 101(b)(2). See below. ## § 436: Funding-based limits on benefits and benefit accruals under single-employer plans - § 436(j)(3): Pub. L. 113–295, § 221(a)(57)(F)(i), struck out par. (3) which related to a special rule for plan years beginning on or after Oct. 1, 2008, and before Oct. 1, 2010. - § 436(j)(3): Pub. L. 113–295, § 221(a)(57)(E)(i), in par. (3) relating to application to plans which are fully funded without regard to reductions for funding balances, struck out subpar. (A) designation and heading and struck out subpars. (B) and (C) which related to a transition rule for plan years beginning after 2007 and before 2011 and a limitation for plan years beginning after 2008, respectively. - § 436: Pub. L. 113–295, § 221(a)(57)(G)(i), struck out subsec. (m). Text read as follows: “For purposes of this section, in the case of plan years beginning in 2008, the funding target attainment percentage for the preceding plan year may be determined using such methods of estimation as the Secretary may provide.” ## § 451: General rule for taxable year of inclusion - § 451(i)(3): Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014” in introductory provisions. ## § 457: Deferred compensation plans of State and local governments and tax-exempt organizations - § 457(e)(15)(A): Pub. L. 113–295 substituted “is $15,000.” for “shall be the amount determined in accordance with the following table:” and struck out table at end listing applicable dollar amounts for taxable years beginning in 2002. ## § 460: Special rules for long-term contracts - § 460(c)(6)(B): Pub. L. 113–295 substituted “January 1, 2015 (January 1, 2016” for “January 1, 2014 (January 1, 2015”. ## § 461: General rule for taxable year of deduction - § 461(i)(4): Pub. L. 113–295, § 221(a)(58)(B)(iii), substituted “subsection (j)” for “section 464(c)”. - § 461(j): Pub. L. 113–295, § 221(a)(58)(B)(i), transferred subsec. (c) of section 464 of this title, relating to farming syndicate defined, to the end of this section and redesignated it as subsec. (j). - § 461(j)(1): Pub. L. 113–295, § 221(a)(58)(B)(ii)(I), substituted “For purposes of subsection (i)(4)” for “For purposes of this section” in introductory provisions. - § 461(j)(3), § 461(j)(4): Pub. L. 113–295, § 221(a)(58)(B)(ii)(II), added pars. (3) and (4). ## § 464: Limitations on deductions for certain farming expenses - § 464(a), § 464(b): Pub. L. 113–295, § 221(a)(58)(A), substituted “any taxpayer to whom subsection (d) applies” for “any farming syndicate (as defined in subsection (c))” in subsec. (a) and in introductory provisions of subsec. (b). - § 464(c): Pub. L. 113–295, § 221(a)(58)(C)(i), redesignated subsec. (d) as (c). Former subsec. (c) transferred to section 461 of this title. - § 464(c): Pub. L. 113–295, § 221(a)(58)(B)(i), transferred subsec. (c) defining the term “farming syndicate” to section 461 of this title and redesignated it as subsec. (j) of that section. - § 464(d): Pub. L. 113–295, § 221(a)(58)(D), struck out “Subsections (a) and (b) to apply to” before “Certain persons” in heading, redesignated pars. (2) to (4) as (1) to (3), respectively, and struck out former par. (1). Prior to amendment, text of par. (1) read as follows: “In the case of a taxpayer to whom this subsection applies, subsections (a) and (b) shall apply to the excess prepaid farm supplies of such taxpayer in the same manner as if such taxpayer were a farming syndicate.” - § 464(d): Pub. L. 113–295, § 221(a)(58)(C)(i), redesignated subsec. (f) as (d). Former subsec. (d) redesignated (c). - § 464(e): Pub. L. 113–295, § 221(a)(58)(C), added subsec. (e) and struck out former subsec. (e) which defined the terms “farming” and “limited entrepreneur” for purposes of this section. - § 464: Pub. L. 113–295, § 221(a)(58)(C)(i), redesignated subsec. (f) as (d). - § 464: Pub. L. 113–295, § 221(a)(58)(C)(i), struck out subsec. (g). Text read as follows: “Except as provided in subsection (f), subsections (a) and (b) shall not apply to any taxable year beginning after December 31, 1986.” ## § 465: Deductions limited to amount at risk - § 465(c)(3)(A): Pub. L. 113–295 substituted “This” for “In the case of taxable years beginning after December 31, 1978, this”. ## § 469: Passive activity losses and credits limited - § 469(e)(4): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,” after “section 243”. - § 469: Pub. L. 113–295, § 221(a)(60)(A), struck out subsec. (m) which related to a phase-in of disallowance of losses and credits for interest held before the date of enactment of the Tax Reform Act of 1986. ## § 481: Adjustments required by changes in method of accounting - § 481(b)(3): Pub. L. 113–295 struck out subpar. (C) which read as follows: “In applying section 7807(b)(1), the provisions of chapter 1 (other than subchapter E, relating to self-employment income) and chapter 2 of the Internal Revenue Code of 1939 shall be treated as the corresponding provisions of the Internal Revenue Code of 1939.” ## § 501: Exemption from tax on corporations, certain trusts, etc. - § 501(c)(20): Pub. L. 113–295, § 221(a)(19)(B)(iii), struck out par. (20) which read as follows: “an organization or trust created or organized in the United States, the exclusive function of which is to form part of a qualified group legal services plan or plans, within the meaning of section 120. An organization or trust which receives contributions because of section 120(c)(5)(C) shall not be prevented from qualifying as an organization described in this paragraph merely because it provides legal services or indemnification against the cost of legal services unassociated with a qualified group legal services plan.” - § 501: Pub. L. 113–295, § 221(a)(62), struck out subsec. (s). Text read as follows: “For nonexemption of Communist-controlled organizations, see section 11(b) of the Internal Security Act of 1950 (64 Stat. 997; 50 U.S.C. 790(b)).” ## § 503: Requirements for exemption - § 503(a)(1): Pub. L. 113–295, § 221(a)(63)(A), amended par. (1) generally. Prior to amendment, text read as follows: - § 503(a)(2): Pub. L. 113–295, § 221(a)(63)(B), which directed amendment of par. (2) by substituting “described in paragraph (1)” for “described in section 501(c)(17) or (18) or paragraph (a)(1)(B)”, was executed by making the substitution for “described in section 501(c)(17) or (18) or paragraph (1)(B)” to reflect the probable intent of Congress. - § 503(c): Pub. L. 113–295, § 221(a)(63)(C), substituted “described in subsection (a)(1)” for “described in section 501(c)(17) or (18) or subsection (a)(1)(B)”. ## § 512: Unrelated business taxable income - § 512(a)(3)(A): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,” after “sections 243”. - § 512(b)(13)(E): Pub. L. 113–295, § 131(a), substituted “December 31, 2014” for “December 31, 2013”. ## § 527: Political organizations - § 527(h)(2)(A)(i): Pub. L. 113–295, § 220(l)(1), substituted “(52 U.S.C. 30102(e))” for “(2 U.S.C. 432(e))”. - § 527(i)(6), § 527(j)(5)(A): Pub. L. 113–295, § 220(l)(2), substituted “(52 U.S.C. 30101 et seq.)” for “(2 U.S.C. 431 et seq.)”. ## § 529: Qualified tuition programs - § 529(b)(4): Pub. L. 113–295 substituted “Limited” for “No” in heading and “may, directly or indirectly, direct the investment of any contributions to the program (or any earnings thereon) no more than 2 times in any calendar year.” for “may not directly or indirectly direct the investment of any contributions to the program (or any earnings thereon).” in text. ## § 529A: Qualified ABLE programs - Enacted 26 U.S.C. § 529A. ## § 535: Accumulated taxable income - § 535(b)(1): Pub. L. 113–295 substituted “section 531 or the personal holding company tax imposed by section 541.” for “section 531, the personal holding company tax imposed by section 541, or the taxes imposed by corresponding sections of a prior income tax law.” ## § 543: Personal holding company income - § 543(a)(1)(C), § 543(a)(1)(D), § 543(a)(1)(E): Pub. L. 113–295 added subpar. (C) and redesignated former subpars. (C) and (D) as (D) and (E), respectively. ## § 545: Undistributed personal holding company income - § 545(b)(1): Pub. L. 113–295 substituted “section 531 or the personal holding company tax imposed by section 541.” for “section 531, the personal holding company tax imposed by section 541, or the taxes imposed by corresponding sections of a prior income tax law.” ## § 614: Definition of property - § 614(b)(3): Pub. L. 113–295, § 221(a)(65)(A), struck out subpar. (C) which related to a special rule for voluntary or compulsory unitization or pooling arrangements entered into in taxable years beginning before Jan. 1, 1964. - § 614(b)(4)(A): Pub. L. 113–295, § 221(a)(65)(B), which directed amendment of par. (4) by striking out “whichever of the following years is later: The first taxable year beginning after December 31, 1963, or”, was executed by striking out “whichever of the following taxable years is the later: The first taxable year beginning after December 31, 1963, or” before “the first taxable year” in subpar. (A), to reflect the probable intent of Congress. - § 614(b): Pub. L. 113–295, § 221(a)(65)(A), struck out par. (5). Text read as follows: “If, on the day preceding the first day of the first taxable year beginning after December 31, 1963, the taxpayer has any operating mineral interests which he treats under subsection (d) of this section (as in effect before the amendments made by the Revenue Act of 1964), such treatment shall be continued and shall be deemed to have been adopted pursuant to paragraphs (1) and (2) of this subsection (as amended by such Act).” ## § 642: Special rules for credits and deductions - § 642(b)(2)(C)(i)(I): Pub. L. 113–295 substituted “section 68(b)(1)(C)” for “section 151(d)(3)(C)(iii)”. ## § 691: Recipients of income in respect of decedents - § 691(d)(1)(A): Pub. L. 113–295 struck out “after December 31, 1953, and” after “annuitant died”. ## § 692: Income taxes of members of Armed Forces, astronauts, and victims of certain terrorist attacks on death - § 692(a)(1): Pub. L. 113–295 struck out “after June 24, 1950” after “combat zone”. ## § 805: General deductions - § 805(a)(4)(A): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,” after “sections 243” in introductory provisions. - § 805(a)(4)(B): Pub. L. 113–295, § 221(a)(41)(I), struck out “, 244(a),” after “sections 243(a)(1)” in introductory provisions and in cl. (iii). - § 805(a)(4)(C)(i): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,” after “section 243”. - § 805(b): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,” after “sections 243”. ## § 807: Rules for certain reserves - § 807(e): Pub. L. 113–295 redesignated subpar. (C) as (B) and struck out former subpar. (B) which related to transitional rule. ## § 812: Definition of company’s share and policyholder’s share - § 812: Pub. L. 113–295 struck out “, 244,” after “section 243”. ## § 832: Insurance company taxable income - § 832(b)(5)(B)(ii), § 832(b)(5)(B)(ii)(I): Pub. L. 113–295, § 221(a)(41)(G), struck out “, 244,”after “sections 243” in subpar. (B)(ii) and after “section 243” in subpar. (D)(i), (ii)(I). - § 832(e): Pub. L. 113–295, § 221(a)(69)(A), struck out “of taxable years beginning after December 31, 1966,” after “In the case” in introductory provisions. - § 832(e)(6): Pub. L. 113–295, § 221(a)(69)(B), substituted “The” for “In the case of any taxable year beginning after December 31, 1970, the”. ## § 833: Treatment of Blue Cross and Blue Shield organizations, etc. - § 833(b)(3)(E): Pub. L. 113–295 struck out “, 244,” after “sections 243” in cl. (ii) and in concluding provisions. ## § 848: Capitalization of certain policy acquisition expenses - § 848: Pub. L. 113–295 struck out subsec. (j). Text read as follows: “In the case of any taxable year which includes September 30, 1990, the amount taken into account as the net premiums (or negative capitalization amount) with respect to any category of specified insurance contracts shall be the amount which bears the same ratio to the amount which (but for this subsection) would be so taken into account as the number of days in such taxable year on or after September 30, 1990, bears to the total number of days in such taxable year.” ## § 851: Definition of regulated investment company - § 851(d)(2)(A): Pub. L. 113–295 inserted “of this paragraph” after “subparagraph (B)(i)” in introductory provisions. ## § 852: Taxation of regulated investment companies and their shareholders - § 852(b)(8)(C), § 852(b)(8)(D), § 852(b)(8)(E), § 852(b)(8)(F), § 852(b)(8)(G): Pub. L. 113–295, § 205(c)(1), added subpars. (C) to (F), redesignated former subpar. (E) as (G), and struck out former subpars. (C) and (D) which related to post-October capital loss and late-year ordinary loss, respectively. - § 852(b)(8)(G)(i): Pub. L. 113–295, § 205(c)(2), substituted “and (E)” for “, (D)(i)(I), and (D)(ii)(I)”. - § 852(c)(2): Pub. L. 113–295, § 205(c)(3), in introductory provisions, substituted “, without regard to any capital loss” for “, and without regard to any capital loss” and inserted “, and with such other adjustments as the Secretary may prescribe” after “section 1212(a)(3)(A)”. - § 852(c)(2): Pub. L. 113–295, § 205(a)(2), in introductory provisions, substituted “October 31, without regard to” for “October 31 and without regard to” and inserted “, and without regard to any capital loss arising on the first day of the taxable year by reason of clauses (ii) and (iii) of section 1212(a)(3)(A)” after “subsection (b)(8)(D))”. ## § 853A: Credits from tax credit bonds allowed to shareholders - § 853A(a): Pub. L. 113–295, § 209(h)(2), in concluding provisions, substituted “with respect to some or all of the credits” for “with respect to credits” and inserted “(determined without regard to this section and sections 54(c), 54A(c)(1), 54AA(c)(1), and 1397E(c))” after “credits allowable”. - § 853A(a)(2): Pub. L. 113–295, § 209(h)(1), inserted “(determined after the application of this section)” before comma at end. - § 853A(b): Pub. L. 113–295, § 209(h)(3), amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) to (3) relating to effects of elections under subsec. (a). - § 853A(c): Pub. L. 113–295, § 209(h)(4), amended subsec. (c) generally. The amendment 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 it relates. As enacted by Pub. L. 111–5, § 1541(a), subsec. (c) read as follows: “Notice to Shareholders.—For purposes of subsection (b)(3), the shareholder’s proportionate share of— - § 853A(e)(1)(A)(ii): Pub. L. 113–295, § 209(h)(5), inserted “other than a qualified bond described in section 54AA(g)” after “as defined in section 54AA(d))”. ## § 855: Dividends paid by regulated investment company after close of taxable year - § 855(a)(1): Pub. L. 113–295 inserted “on or” before “before” in introductory provisions. ## § 858: Dividends paid by real estate investment trust after close of taxable year - § 858(b): Pub. L. 113–295 substituted “857(b)(9)” for “857(b)(8)”. ## § 871: Tax on nonresident alien individuals - § 871(a)(1)(B): Pub. L. 113–295, § 221(a)(71), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: “gains described in section 631(b) or (c), and gains on transfers described in section 1235 made on or before October 4, 1966,”. - § 871(k)(1)(C), § 871(k)(2)(C): Pub. L. 113–295, § 132(a), substituted “December 31, 2014” for “December 31, 2013”. ## § 877: Expatriation to avoid tax - § 877(e)(2): Pub. L. 113–295 struck out “subparagraph (A) or (B) of” after “event described in”. ## § 877A: Tax responsibilities of expatriation - § 877A(e)(2): Pub. L. 113–295, § 102(e)(2)(A), inserted “a qualified ABLE program (as defined in section 529A),” after “529),”. - § 877A(g)(6): Pub. L. 113–295, § 102(e)(2)(B), inserted “529A(c)(3),” after “529(c)(6),”. ## § 882: Tax on income of foreign corporations connected with United States business - § 882(a)(1): Pub. L. 113–295 struck out “, 59A” after “section 11, 55”. ## § 897: Disposition of investment in United States real property - § 897(h)(4)(A)(ii): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 904: Limitation on credit - § 904(d)(2)(J): Pub. L. 113–295, § 221(a)(72), struck out subpar. (J) which related to a transition rule for taxes paid or accrued in a taxable year beginning before Jan. 1, 1987. - § 904(h)(7): Pub. L. 113–295, § 219(c), struck out “as ordinary income under section 1246 or” after “gain treated”. ## § 907: Special rules in case of foreign oil and gas income - § 907(f)(4)(A): Pub. L. 113–295 substituted “this subsection, as in effect on the day before the date of the enactment of the Energy Improvement and Extension Act of 2008, shall apply to unused oil and gas extraction taxes carried from such unused credit year to a taxable year beginning after December 31, 2008.” for “this subsection shall be applied to any unused oil and gas extraction taxes carried from such unused credit year to a year beginning after December 31, 2008— ## § 911: Citizens or residents of the United States living abroad - § 911(b)(2)(D)(i): Pub. L. 113–295, § 221(a)(73), amended cl. (i) generally. Prior to amendment, cl. (i) listed exclusion amounts for calendar years beginning from 1998 to 2002 and thereafter. - § 911(f)(1): Pub. L. 113–295, § 215(a), inserted concluding provisions. - § 911(f)(2)(B)(ii): Pub. L. 113–295, § 202(b), substituted “described in section 1(h)(1)(B), and the reference in section 55(b)(3)(C)(ii) to the excess described in section 1(h)(1)(C)(ii), shall each be treated as a reference to each such excess as determined” for “described in section 1(h)(1)(B) shall be treated as a reference to such excess as determined”. ## § 953: Insurance income - § 953(e)(10): Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014” and “December 31, 2014” for “December 31, 2013”. ## § 954: Foreign base company income - § 954(c)(6)(C): Pub. L. 113–295, § 135(a), substituted “January 1, 2015” for “January 1, 2014”. - § 954(h): Pub. L. 113–295, § 134(b), substituted “January 1, 2015” for “January 1, 2014”. ## § 1012: Basis of property—cost - § 1012(c)(2): Pub. L. 113–295, § 210(f)(1)(A), substituted “regulated investment companies” for “funds” in heading. - § 1012(c)(2)(A): Pub. L. 113–295, § 220(n), substituted “this section” for “section 1012”. - § 1012(c)(2)(B): Pub. L. 113–295, § 210(f)(1)(C), substituted “regulated investment company” for “fund” wherever appearing. - § 1012(c)(2)(B): Pub. L. 113–295, § 210(f)(1)(B), struck out “fund” after “Election” in heading. - § 1012(d)(1): Pub. L. 113–295, § 210(f)(2), substituted “December 31, 2011” for “December 31, 2010” and “a regulated investment company” for “an open-end fund”. - § 1012(d)(3): Pub. L. 113–295, § 210(f)(3), amended par. (3) generally. Prior to amendment, text read as follows: “Rules similar to the rules of subsection (c)(2) shall apply for purposes of this subsection.” ## § 1014: Basis of property acquired from a decedent - § 1014(a)(2): Pub. L. 113–295, § 221(a)(74)(A), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “in the case of an election under either section 2032 or section 811(j) of the Internal Revenue Code of 1939 where the decedent died after October 21, 1942, its value at the applicable valuation date prescribed by those sections,”. - § 1014(b)(7), § 1014(b): Pub. L. 113–295, § 221(a)(74)(B), struck out pars. (7) and (8). Prior to repeal, par. (7) related to property representing a surviving spouse’s one-half share of community property held by the surviving spouse and a decedent dying after Oct. 21, 1942, and on or before Dec. 31, 1947, and par. (8) related to property representing certain interests of the survivor in a joint and survivor’s annuity in the case of a decedent dying after Dec. 31, 1950, and before Jan. 1, 1954. ## § 1016: Adjustments to basis - § 1016(a)(12): Pub. L. 113–295, § 221(a)(75), struck out par. (12) which read as follows: “to the extent provided in section 28(h) of the Internal Revenue Code of 1939 in the case of amounts specified in a shareholder’s consent made under section 28 of such code;”. - § 1016(a)(24): Pub. L. 113–295, § 221(a)(34)(G), struck out par. (24) which read as follows: “to the extent provided in section 179A(e)(6)(A),”. - § 1016(a)(25): Pub. L. 113–295, § 221(a)(2)(D), struck out par. (25) which read as follows: “to the extent provided in section 30(e)(1),”. - § 1016(a)(37): Pub. L. 113–295, § 209(j)(2), substituted “section 30D(f)(1)” for “section 30D(e)(4)”. ## § 1019: Property on which lessee has made improvements - § 1019: Pub. L. 113–295 struck out last sentence which read as follows: “If an amount representing any part of the value of real property attributable to buildings erected or other improvements made by a lessee in respect of such property was included in gross income of the lessor for any taxable year beginning before January 1, 1942, the basis of each portion of such property shall be properly adjusted for the amount so included in gross income.” ## § 1033: Involuntary conversions - § 1033(h)(2): Pub. L. 113–295, § 211(c)(1)(A), inserted “is” before “compulsorily”. - § 1033(h)(3): Pub. L. 113–295, § 221(a)(27)(D), substituted “section 165(i)(5)” for “section 165(h)(3)(C)”. - § 1033(j), § 1033(k), § 1033: Pub. L. 113–295, § 221(a)(77), redesignated subsecs. (k) and (l) as (j) and (k), respectively, and struck out former subsec. (j) which related to sales or exchanges to implement microwave relocation policy. ## § 1059: Corporate shareholder’s basis in stock reduced by nontaxed portion of extraordinary dividends - § 1059(b)(2)(B): Pub. L. 113–295 struck out “, 244,” after “243”. ## § 1202: Partial exclusion for gain from certain small business stock - § 1202(a)(4): Pub. L. 113–295 substituted “2013, and 2014” for “and 2013” in heading and “January 1, 2015” for “January 1, 2014” in introductory provisions. ## § 1222: Other terms relating to capital gains and losses - § 1222: Pub. L. 113–295 struck out concluding provisions which read as follows: “For purposes of this subtitle, in the case of futures transactions in any commodity subject to the rules of a board of trade or commodity exchange, the length of the holding period taken into account under this section or under any other section amended by section 1402 of the Tax Reform Act of 1976 shall be determined without regard to the amendments made by subsections (a) and (b) of such section 1402.” ## § 1223: Holding period of property - § 1223(1): Pub. L. 113–295, § 221(a)(80)(A), struck out “after March 1, 1954,” after “such exchanges” in introductory provisions. - § 1223(4): Pub. L. 113–295, § 221(a)(80)(B), struck out “(or under so much of section 1052(c) as refers to section 113(a)(23) of the Internal Revenue Code of 1939)” after “section 307”. Amendment was executed to reflect the probable intent of Congress notwithstanding a second set of quotation marks around the text directed to be stricken. - § 1223(6): Pub. L. 113–295, § 221(a)(80)(C), struck out par. (6) which read as follows: “In determining the period for which the taxpayer has held a residence, the acquisition of which resulted under section 1034 (as in effect on the day before the date of the enactment of the Taxpayer Relief Act of 1997) in the nonrecognition of any part of the gain realized on the sale or exchange of another residence, there shall be included the period for which such other residence had been held as of the date of such sale or exchange. For purposes of this paragraph, the term ‘sale or exchange’ includes an involuntary conversion occurring after December 31, 1950, and before January 1, 1954.” - § 1223(8): Pub. L. 113–295, § 221(a)(80)(C), struck out par. (8) which read as follows: “Any reference in this section to a provision of this title shall, where applicable, be deemed a reference to the corresponding provision of the Internal Revenue Code of 1939, or prior internal revenue laws.” ## § 1231: Property used in the trade or business and involuntary conversions - § 1231(c)(2)(A): Pub. L. 113–295 struck out “beginning after December 31, 1981” after “years”. ## § 1235: Sale or exchange of patents - § 1235(b)(2)(B): Pub. L. 113–295, § 221(a)(82)(B), substituted “subsection (c)” for “subsection (d)”. - § 1235(c), § 1235(d), § 1235: Pub. L. 113–295, § 221(a)(82)(A), redesignated subsecs. (d) and (e) as (c) and (d), respectively, and struck out former subsec. (c). Prior to amendment, text of subsec. (c) read as follows: “This section shall be applicable with regard to any amounts received, or payments made, pursuant to a transfer described in subsection (a) in any taxable year to which this subtitle applies, regardless of the taxable year in which such transfer occurred.” ## § 1236: Dealers in securities - § 1236(b): Pub. L. 113–295 struck out “after November 19, 1951,” after “time”. ## § 1244: Losses on small business stock - § 1244(c)(2)(C): Pub. L. 113–295 struck out “244,” after “243,”. ## § 1245: Gain from dispositions of certain depreciable property - § 1245(a)(2)(C), § 1245(a)(3)(C): Pub. L. 113–295 struck out “179A,” after “179,”. ## § 1249: Gain from certain sales or exchanges of patents, etc., to foreign corporations - § 1249(a): Pub. L. 113–295 struck out “after December 31, 1962,” before “of a patent”. ## § 1252: Gain from disposition of farm land - § 1252(a)(1): Pub. L. 113–295, § 221(a)(85)(A), struck out “after December 31, 1969” after “beginning” in introductory provisions. - § 1252(a)(1)(A): Pub. L. 113–295, § 221(a)(85)(B), struck out “after December 31, 1969,” after “taxpayer”. ## § 1271: Treatment of amounts received on retirement or sale or exchange of debt instruments - § 1271(c): Pub. L. 113–295 amended subsec. (c) generally. Prior to amendment, subsec. (c) related to transition rules, including special rules for certain obligations issued before Jan. 1, 1955, and for certain obligations with respect to which original issue discount was not currently includible. ## § 1314: Amount and method of adjustment - § 1314(d), § 1314: Pub. L. 113–295 redesignated subsec. (e) as (d) and struck out former subsec. (d). Prior to amendment, text of subsec. (d) read as follows: “No adjustment shall be made under this part in respect of any taxable year beginning prior to January 1, 1932.” ## § 1362: Election; revocation; termination - § 1362(d)(3)(A)(iii): Pub. L. 113–295 substituted “unless the corporation was an S corporation for such taxable year.” for “unless— ## § 1367: Adjustments to basis of stock of shareholders, etc. - § 1367(a)(2): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013” in concluding provisions. ## § 1374: Tax imposed on certain built-in gains - § 1374(d)(7): Pub. L. 113–295 substituted “2012, 2013, and 2014” for “2012 and 2013” in heading and “2012, 2013, or 2014” for “2012 or 2013” in text. ## § 1391: Designation procedure - § 1391(d)(1)(A)(i): Pub. L. 113–295 substituted “December 31, 2014” for “December 31, 2013”. ## § 1394: Tax-exempt enterprise zone facility bonds - § 1394(f): Pub. L. 113–295, § 220(o), struck out “designated under section 1391(g)” after “empowerment zones” in heading. - § 1394(f)(1), § 1394(f)(2)(A): Pub. L. 113–295, § 220(p), substituted “an empowerment zone facility bond” for “a new empowerment zone facility bond”. ## § 1397B: Nonrecognition of gain on rollover of empowerment zone investments - § 1397B(b)(1)(A)(iv): Pub. L. 113–295 added cl. (iv). ## § 1401: Rate of tax - § 1401(a): Pub. L. 113–295, § 221(a)(89), substituted “12.4 percent of the amount of the self-employment income for such taxable year.” for “the following percent of the amount of the self-employment income for such taxable year: - § 1401(b)(1): Pub. L. 113–295, § 221(a)(90), substituted “2.9 percent of the amount of the self-employment income for such taxable year.” for “the following percent of the amount of the self-employment income for such taxable year: ## § 1402: Definitions - § 1402(e)(3): Pub. L. 113–295 struck out “whichever of the following dates is later: (A)” after “before” and “; or (B) the due date of the return (including any extension thereof) for his second taxable year ending after 1967” after “or (c)(5)”. Amendment was executed to reflect the probable intent of Congress notwithstanding an extra closing quotation mark in the directory language. ## § 1441: Withholding of tax on nonresident aliens - § 1441(b), § 1441(c)(5): Pub. L. 113–295 substituted “and gains subject to tax under section 871(a)(1)(D)” for “gains subject to tax under section 871(a)(1)(D), and gains on transfers described in section 1235 made on or before October 4, 1966”. ## § 1504: Definitions - § 1504(a)(3)(A): Pub. L. 113–295 struck out “for a taxable year which includes any period after December 31, 1984” after “affiliated group” in cl. (i) and struck out “in a taxable year beginning after December 31, 1984” after “such group” in cl. (ii). ## § 1561: Limitation on accumulated earnings credit in the case of certain controlled corporations - § 1561(a): Pub. L. 113–295, § 221(a)(12)(H)(ii), substituted “and the amount specified in paragraph (3)” for “, the amount specified in paragraph (3), and the amount specified in paragraph (4)” in concluding provisions. - § 1561(a): Pub. L. 113–295, § 221(a)(12)(H)(i), inserted “and” at end of par. (2), substituted a period for “, and” at end of par. (3), and struck out par. (4) which read as follows: “one $2,000,000 amount for purposes of computing the tax imposed by section 59A.” ## § 2031: Definition of gross estate - § 2031(c)(1): Pub. L. 113–295, § 221(a)(96), substituted “(II) $500,000.” for “(B) the exclusion limitation.” - § 2031(c)(3): Pub. L. 113–295, § 221(a)(96), struck out par. (3), which set out table of exclusion limitations. - § 2031(c)(10): Pub. L. 113–295, § 221(a)(97)(B), inserted “(as in effect before its repeal)” before period at end. ## § 2104: Property within the United States - § 2104(c): Pub. L. 113–295 substituted “Deposits” for “With respect to estates of decedents dying after December 31, 1969, deposits” in concluding provisions. ## § 2106: Taxable estate - § 2106(a)(4): Pub. L. 113–295 substituted “2058(a)” for “section 2011(a)”. ## § 2654: Special rules - § 2654(a)(1): Pub. L. 113–295 struck out “(computed without regard to section 2604)” after “section 2601”. ## § 2801: Imposition of tax - § 2801(a)(1): Pub. L. 113–295 struck out “(or, if greater, the highest rate of tax specified in the table applicable under section 2502(a) as in effect on the date)” after “such receipt”. ## § 3101: Rate of tax - § 3101(a): Pub. L. 113–295 substituted “6.2 percent of the wages (as defined in section 3121(a)) received by the individual with respect to employment (as defined in section 3121(b))” for “the following percentages of the wages (as defined in section 3121(a)) received by him with respect to employment (as defined in section 3121(b))—” and table of rates. ## § 3111: Rate of tax - § 3111(a): Pub. L. 113–295, § 221(a)(99)(B)(i), substituted “6.2 percent of the wages (as defined in section 3121(a)) paid by the employer with respect to employment (as defined in section 3121(b)).” for “the following percentages of the wages (as defined in section 3121(a)) paid by him with respect to employment (as defined in section 3121(b))—” and table of rates. - § 3111(b): Pub. L. 113–295, § 221(a)(99)(B)(ii), substituted “1.45 percent of the wages (as defined in section 3121(a)) paid by the employer with respect to employment (as defined in section 3121(b)).” for “the following percentages of the wages (as defined in section 3121(a)) paid by him with respect to employment (as defined in section 3121(b))— ## § 3121: Definitions - § 3121(a)(17): Pub. L. 113–295, § 221(a)(19)(B)(iv), struck out par. (17) which read as follows: “any contribution, payment, or service provided by an employer which may be excluded from the gross income of an employee, his spouse, or his dependents, under the provisions of section 120 (relating to amounts received under qualified group legal services plans);”. - § 3121(b)(17): Pub. L. 113–295, § 221(a)(99)(C)(i), struck out par. (17) which read as follows: “service in the employ of any organization which is performed (A) in any year during any part of which such organization is registered, or there is in effect a final order of the Subversive Activities Control Board requiring such organization to register, under the Internal Security Act of 1950, as amended, as a Communist-action organization, a Communist-front organization, or a Communist-infiltrated organization, and (B) after June 30, 1956;”. ## § 3201: Rate of tax - § 3201(b): Pub. L. 113–295 amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) and (2) establishing the tier 2 tax and its applicable percentage. ## § 3211: Rate of tax - § 3211(b): Pub. L. 113–295 amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) and (2) establishing the tier 2 tax and its applicable percentage. ## § 3221: Rate of tax - § 3221(b): Pub. L. 113–295 amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) and (2) establishing the tier 2 tax and its applicable percentage. ## § 3231: Definitions - § 3231(b): Pub. L. 113–295, § 221(a)(100)(D), in first sentence substituted “compensation.” for “compensation; except that the term ‘employee’ shall include an employee of a local lodge or division defined as an employer in subsection (a) only if he was in the service of or in the employment relation to a carrier on or after August 29, 1935.” and struck out second sentence, which included pars. (1) to (4) and concluding provisions relating to an individual deemed to have been in the employment relation to a carrier on Aug. 29, 1935. - § 3231(e)(7): Pub. L. 113–295, § 221(a)(19)(B)(v), struck out par. (7) which read as follows: “The term ‘compensation’ shall not include any contribution, payment, or service provided by an employer which may be excluded from the gross income of an employee, his spouse, or his dependents, under the provisions of section 120 (relating to amounts received under qualified group legal services plans).” ## § 3302: Credits against tax - § 3302(f)(4): Pub. L. 113–295, § 221(a)(101)(A), substituted “subsection, the” for “subsection—”, subpar. (A) designation and heading “In general”, and “The”; redesignated cls. (i) and (ii) as subpars. (A) and (B), respectively, and realigned margins; and struck out former subpar. (B) which related to treatment of additional tax under this chapter for taxable years 1983 and 1984. - § 3302(f)(5)(D), § 3302(f)(5): Pub. L. 113–295, § 221(a)(101)(B), redesignated subpar. (E) as (D) and struck out former subpar. (D) which related to special rules for years before 1985. - § 3302(h): Pub. L. 113–295, § 206(c)(1), added subsec. (h). ## § 3303: Conditions of additional credit allowance - § 3303(a): Pub. L. 113–295, § 206(c)(2)(B), substituted “paragraphs (1), (2), (3), and (4)” for “paragraphs (1), (2), and (3)” and “paragraph (1), (2), (3), or (4)” for “paragraph (1), (2), or (3)” in concluding provisions. - § 3303(a)(4): Pub. L. 113–295, § 206(c)(2)(A), added par. (4). ## § 3306: Definitions - § 3306(b)(12): Pub. L. 113–295 struck out par. (12) which read as follows: “any contribution, payment, or service, provided by an employer which may be excluded from the gross income of an employee, his spouse, or his dependents, under the provisions of section 120 (relating to amounts received under qualified group legal services plans);”. ## § 3510: Coordination of collection of domestic service employment taxes with collection of income taxes - § 3510(b): Pub. L. 113–295 struck out par. (4). Text read as follows: “In the case of any taxable year beginning before January 1, 1998, no addition to tax shall be made under section 6654 with respect to any underpayment to the extent such underpayment was created or increased by this section.” ## § 3511: Certified professional employer organizations - Enacted 26 U.S.C. § 3511. ## § 4042: Tax on fuel used in commercial transportation on inland waterways - § 4042(b)(2)(A): Pub. L. 113–295 amended subpar. (A) generally, substituting “The Inland Waterways Trust Fund financing rate is 29 cents per gallon.” for “The Inland Waterways Trust Fund financing rate is the rate determined in accordance with the following table:” and accompanying table of rates. ## § 4221: Certain tax-free sales - § 4221(a): Pub. L. 113–295, § 221(a)(103)(B)(i)(II), struck out “In the case of taxes imposed by subchapter A of chapter 31, paragraphs (1), (3), (4), and (5) shall not apply.” after “regulations prescribe.” in concluding provisions. - § 4221(a): Pub. L. 113–295, § 221(a)(103)(B)(i)(I), substituted “subchapter” for “subchapter A or” in introductory provisions. - § 4221(c): Pub. L. 113–295, § 221(a)(103)(B)(i)(III), struck out “4001(c), 4001(d), or” after “tax under section”. - § 4221(d)(1): Pub. L. 113–295, § 221(a)(103)(B)(i)(I), substituted “subchapter” for “subchapter A or”. ## § 4222: Registration - § 4222(d): Pub. L. 113–295 struck out “4001(c), 4001(d),” after “provided by sections”. ## § 4261: Imposition of tax - § 4261(e)(1): Pub. L. 113–295, § 221(a)(104)(A), struck out subpar. (C) which provided for no phasein of reduced ticket tax for certain transportation. - § 4261(e)(5): Pub. L. 113–295, § 221(a)(104)(B), struck out par. (5) which related to rates of ticket tax for transportation beginning before Oct. 1, 1999. ## § 4281: Small aircraft on nonestablished lines - § 4281: Pub. L. 113–295 amended section generally. Prior to amendment, text read as follows: “The taxes imposed by sections 4261 and 4271 shall not apply to transportation by an aircraft having a maximum certificated takeoff weight of 6,000 pounds or less, except when such aircraft is operated on an established line or when such aircraft is a jet aircraft. For purposes of the preceding sentence, the term ‘maximum certificated takeoff weight’ means the maximum such weight contained in the type certificate or airworthiness certificate. For purposes of this section, an aircraft shall not be considered as operated on an established line at any time during which such aircraft is being operated on a flight the sole purpose of which is sightseeing.” ## § 4293: Exemption for United States and possessions - § 4293: Pub. L. 113–295 struck out “subchapter A of chapter 31,” after “imposed by”. ## § 4611: Imposition of tax - § 4611(e): Pub. L. 113–295, § 221(a)(12)(I)(i), substituted “this section” for “section 59A, this section,”. - § 4611(e): Pub. L. 113–295, § 221(a)(12)(I)(ii), struck out “section 59A,” after “collected under” and comma after “rate)”. ## § 4682: Definitions and special rules - § 4682(h): Pub. L. 113–295 redesignated pars. (2) to (4) as (1) to (3), respectively, in par. (1), as so redesignated, substituted “In general” for “Other tax-increase dates” in heading and struck out “after 1991” after “calendar year” in subpar. (C), and struck out former par. (1), which read as follows: “On any ozone-depleting chemical which on January 1, 1990, is held by any person (other than the manufacturer, producer, or importer thereof) for sale or for use in further manufacture, there is hereby imposed a floor stocks tax in an amount equal to the tax which would be imposed by section 4681 on such chemical if the sale of such chemical by the manufacturer, producer, or importer thereof had occurred during 1990.” ## § 4942: Taxes on failure to distribute income - § 4942(g)(2)(A): Pub. L. 113–295, § 221(a)(105)(A), substituted “Subject” for “For all taxable years beginning on or after January 1, 1975, subject”. - § 4942(i)(2): Pub. L. 113–295, § 221(a)(105)(B), struck out “beginning after December 31, 1969, and” after “(not exceeding 5)”. ## § 4943: Taxes on excess business holdings - § 4943(e)(3)(B), § 4943(f)(7)(B): Pub. L. 113–295 substituted “January 1, 1971” for “January 1, 1970”. ## § 4945: Taxes on taxable expenditures - § 4945(f): Pub. L. 113–295 struck out “(excluding therefrom any preceding taxable year which begins before January 1, 1970)” after “taxable years of such organization” in concluding provisions. ## § 4965: Excise tax on certain tax-exempt entities entering into prohibited tax shelter transactions - § 4965(c)(8): Pub. L. 113–295 added par. (8). ## § 4973: Tax on excess contributions to certain tax-favored accounts and annuities - § 4973(a)(6): Pub. L. 113–295, § 102(b)(1), added par. (6). - § 4973(h): Pub. L. 113–295, § 102(b)(2), added subsec. (h). ## § 4982: Excise tax on undistributed income of regulated investment companies - § 4982(e)(6)(B): Pub. L. 113–295, § 205(d)(1), inserted “or which determines income by reference to the value of an item on the last day of the taxable year” before period at end. - § 4982(e)(7)(A): Pub. L. 113–295, § 205(d)(2), substituted “such company may elect to determine its ordinary income and net ordinary loss (as defined in paragraph (2)(C)(ii)) for the calendar year without regard to any portion of any net ordinary loss” for “such company may elect to determine its ordinary income for the calendar year without regard to any net ordinary loss”. - § 4982(f)(2): Pub. L. 113–295, § 220(s), inserted comma at end. ## § 6011: General requirement of return, statement, or list - § 6011(e)(3)(A): Pub. L. 113–295 substituted “shall require that” for “shall require than” in introductory provisions. ## § 6039D: Returns and records with respect to certain fringe benefit plans - § 6039D(a): Pub. L. 113–295, § 221(a)(108), struck out “beginning after December 31, 1984,” after “during any year” in introductory provisions. - § 6039D(d)(1): Pub. L. 113–295, § 221(a)(19)(B)(vii), struck out “120,” after “106,”. ## § 6045: Returns of brokers - § 6045(g)(6): Pub. L. 113–295 added par. (6). ## § 6053: Reporting of tips - § 6053(c)(8): Pub. L. 113–295 added par. (8). ## § 6060: Information returns of tax return preparers - § 6060(c): Pub. L. 113–295, which directed substitution of “year.” for “ ‘year’ ” and all that followed, was executed by substituting “year.” for “year, except that the first return period shall be the 6-month period beginning on January 1, 1977, and ending on June 30, 1977.”, to reflect the probable intent of Congress. ## § 6072: Time for filing income tax returns - § 6072(b): Pub. L. 113–295 substituted “section 6011(c)(2)” for “section 6011(e)(2)”. ## § 6104: Publicity of information required from certain exempt organizations and certain trusts - § 6104(d)(6), § 6104(d)(7), § 6104(d)(8): Pub. L. 113–295 redesignated par. (6) relating to disclosure of reports by Internal Revenue Service and par. (6) relating to application to nonexempt charitable trusts and nonexempt private foundations as (7) and (8), respectively. ## § 6211: Definition of a deficiency - § 6211(b)(4)(A): Pub. L. 113–295, § 221(a)(112)(B), struck out “6428,” after “168(k)(4),”. - § 6211(b)(4)(A): Pub. L. 113–295, § 221(a)(8)(B), struck out “, 53(e)” after “36B”. - § 6211(b)(4)(A): Pub. L. 113–295, § 221(a)(5)(B), struck out “, 36A” after “36”. ## § 6213: Restrictions applicable to deficiencies; petition to Tax Court - § 6213(g)(2)(L): Pub. L. 113–295, § 214(a)(1), substituted “or 32” for “32, or 6428” in introductory provisions. - § 6213(g)(2)(M): Pub. L. 113–295, § 221(a)(112)(C), inserted “and” at end. - § 6213(g)(2)(N): Pub. L. 113–295, § 221(a)(112)(C), redesignated subpar. (O) as (N) and substituted period for comma at end. - § 6213(g)(2)(N): Pub. L. 113–295, § 221(a)(5)(C), struck out subpar. (N) which read as follows: “an omission of the reduction required under section 36A(c) with respect to the credit allowed under section 36A or an omission of the correct social security account number required under section 36A(d)(1)(B),”. - § 6213(g)(2)(O): Pub. L. 113–295, § 214(a)(2), struck out “and” at end. See Codification note above. - § 6213(g)(2)(P): Pub. L. 113–295, § 221(a)(4), struck out subpar. (P) which read as follows: “an entry on a return claiming the credit under section 36 if— - § 6213(g)(2)(P): Pub. L. 113–295, § 214(a)(2), substituted “, and” for period at end. See Codification note above. - § 6213(g)(2)(Q): Pub. L. 113–295, § 221(a)(112)(C), struck out subpar. (Q) which read as follows: “an omission of a correct valid identification number required under section 6428(h) (relating to 2008 recovery rebates for individuals) to be included on a return.” - § 6213(g)(2)(Q): Pub. L. 113–295, § 214(a)(2), added subpar. (Q). See Codification note above. ## § 6302: Mode or time of collection - § 6302(e)(2): Pub. L. 113–295, § 221(a)(110)(A), substituted “imposed by sections 4251, 4261, or 4271 with respect to” for “imposed by— - § 6302(f)(1): Pub. L. 113–295, § 221(a)(110)(B), struck out last sentence which read as follows: “In the case of taxes imposed by sections 4261 and 4271, this paragraph shall not apply to periods before January 1, 1997.” - § 6302(h)(2): Pub. L. 113–295, § 221(a)(110)(C)(i), redesignated par. (3) as (2) and struck out former par. (2) which related to phase-in of the electronic fund transfer system. - § 6302(h)(3), § 6302(h): Pub. L. 113–295, § 221(a)(110)(C), redesignated par. (4) as (3) and amended it generally. Prior to amendment, text read as follows: ## § 6331: Levy and distraint - § 6331(h)(3): Pub. L. 113–295 inserted “and by substituting ‘30 percent’ for ‘15 percent’ in the case of any specified payment due to a Medicare provider or supplier under title XVIII of the Social Security Act” before period at end. ## § 6404: Abatements - § 6404(f): Pub. L. 113–295 struck out par. (3). Text read as follows: “Within 180 days after the date of the enactment of this subsection, the Secretary shall prescribe such initial regulations as may be necessary to carry out this subsection.” ## § 6405: Reports of refunds and credits - § 6405(a), § 6405(b): Pub. L. 113–295 inserted “($5,000,000 in the case of a C corporation)” after “$2,000,000”. ## § 6425: Adjustment of overpayment of estimated income tax by corporation - § 6425(c)(1)(A): Pub. L. 113–295 inserted “plus” at end of cl. (i), substituted “over” for “plus” at end of cl. (ii), and struck out cl. (iii) which read as follows: “the tax imposed by section 59A, over”. ## § 6426: Credit for alcohol fuel, biodiesel, and alternative fuel mixtures - § 6426(c)(6): Pub. L. 113–295, § 160(a)(1), substituted “December 31, 2014” for “December 31, 2013”. - § 6426(d)(5), § 6426(e)(3): Pub. L. 113–295, § 160(c)(1), which directed striking out “(September 30, 2014 in the case of any sale or use involving liquefied hydrogen)”, was executed by striking out “(September 30, 2014, in the case of any sale or use involving liquefied hydrogen)” before period at end, to reflect the probable intent of Congress. - § 6426(d)(5), § 6426(e)(3): Pub. L. 113–295, § 160(b)(1), substituted “December 31, 2014” for “December 31, 2013”. ## § 6427: Fuels not used for taxable purposes - § 6427(e)(6)(B): Pub. L. 113–295, § 160(a)(2), substituted “December 31, 2014” for “December 31, 2013”. - § 6427(e)(6)(C): Pub. L. 113–295, § 160(c)(2)(A), (B), substituted “any” for “except as provided in subparagraph (D), any” and inserted “and” at end. - § 6427(e)(6)(C): Pub. L. 113–295, § 160(b)(2), substituted “December 31, 2014” for “December 31, 2013”. - § 6427(e)(6)(D), § 6427(e)(6)(E): Pub. L. 113–295, § 160(c)(2)(C), redesignated subpar. (E) as (D) and struck out former subpar. (D) which read as follows: “any alternative fuel (as so defined) involving liquefied hydrogen sold or used after September 30, 2014, and”. ## § 6501: Limitations on assessment and collection - § 6501(m): Pub. L. 113–295 struck out “section 30(e)(6),” before “30B(h)(9),”. ## § 6651: Failure to file tax return or to pay tax - § 6651(i): Pub. L. 113–295 added subsec. (i). ## § 6652: Failure to file certain information returns, registration statements, etc. - § 6652(c)(1)(A): Pub. L. 113–295, § 208(b)(2)(A), substituted “in applying the first sentence of this subparagraph, the amount of the penalty for each day during which a failure continues shall be $100 in lieu of the amount otherwise specified, and” for “the first sentence of this subparagraph shall be applied by substituting ‘$100’ for ‘$20’ and”. - § 6652(c)(2)(C)(ii): Pub. L. 113–295, § 208(b)(2)(B), substituted “in applying the first sentence of paragraph (1)(A), the amount of the penalty for each day during which a failure continues shall be $100 in lieu of the amount otherwise specified, and in lieu of applying the second sentence of paragraph (1)(A), the maximum penalty under paragraph (1)(A) shall not exceed $50,000, and” for “the first sentence of paragraph (1)(A) shall be applied by substituting ‘$100’ for ‘$20’, and the second sentence thereof shall be applied by substituting ‘$50,000’ for ‘$10,000’, and”. - § 6652(c)(6): Pub. L. 113–295, § 208(b)(1), added par. (6). - § 6652(g): Pub. L. 113–295, § 221(a)(39)(B), struck out subsec. (g). Text read as follows: “In the case of failure to make a report required by section 219(f)(4) which contains the information required by such section on the date prescribed therefor (determined with regard to any extension of time for filing), there shall be paid (on notice and demand by the Secretary and in the same manner as tax) by the person failing so to file, an amount equal to $25 for each participant with respect to whom there was a failure to file such information, multiplied by the number of years during which such failure continues, but the total amount imposed under this subsection on any person for failure to file shall not exceed $10,000. No penalty shall be imposed under this subsection on any failure which is shown to be due to reasonable cause and not willful neglect.” - § 6652(n): Pub. L. 113–295, § 206(c)(4), added subsec. (n). ## § 6655: Failure by corporation to pay estimated income tax - § 6655(e)(2)(A)(i): Pub. L. 113–295, § 221(a)(12)(K)(i), substituted “taxable income and alternative minimum taxable income” for “taxable income, alternative minimum taxable income, and modified alternative minimum taxable income”. - § 6655(e)(2)(B)(iii): Pub. L. 113–295, § 221(a)(12)(K)(ii), struck out cl. (iii). Text read as follows: “The term ‘modified alternative minimum taxable income’ has the meaning given to such term by section 59A(b).” - § 6655(g)(1)(A)(ii), § 6655(g)(1)(A)(iii), § 6655(g)(1)(A)(iv): Pub. L. 113–295, § 221(a)(12)(K)(iii), inserted “plus” at end of cl. (ii), redesignated cl. (iv) as (iii), and struck out former cl. (iii) which read as follows: “the tax imposed by section 59A, plus”. - § 6655(g)(4)(A)(i): Pub. L. 113–295, § 221(a)(114), struck out “(or the corresponding provisions of prior law)” before period at end. ## § 6662: Imposition of accuracy-related penalty on underpayments - § 6662(b)(7): Pub. L. 113–295, § 208(a), amended directory language of Pub. L. 111–147, § 512(a)(1). See 2010 Amendment note below. ## § 6662A: Imposition of accuracy-related penalty on understatements with respect to reportable transactions - § 6662A(c): Pub. L. 113–295 substituted “section 6664(d)(3)(A)” for “section 6664(d)(2)(A)”. ## § 6693: Failure to provide reports on certain tax-favored accounts or annuities; penalties relating to designated nondeductible contributions - § 6693(a)(2)(E), § 6693(a)(2)(F): Pub. L. 113–295 added subpar. (E) and redesignated former subpar. (E) as (F). ## § 6695: Other assessable penalties with respect to the preparation of tax returns for other persons - § 6695(h): Pub. L. 113–295 added subsec. (h). ## § 6698: Failure to file partnership return - § 6698(e): Pub. L. 113–295 added subsec. (e). ## § 6699: Failure to file S corporation return - § 6699(e): Pub. L. 113–295 added subsec. (e). ## § 6721: Failure to file correct information returns - § 6721(f)(1): Pub. L. 113–295 substituted “In the case of any failure relating to a return required to be filed in a calendar year beginning after 2014” for “For each fifth calendar year beginning after 2012”. ## § 6722: Failure to furnish correct payee statements - § 6722(b)(1), § 6722(b)(2), § 6722(c)(1)(C): Pub. L. 113–295, § 207(a)(2), substituted “the date prescribed for furnishing such statement” for “the required filing date”. - § 6722(c)(2)(B): Pub. L. 113–295, § 207(a)(3), substituted “furnished” for “filed”. - § 6722(f)(1): Pub. L. 113–295, § 208(g), substituted “In the case of any failure relating to a statement required to be furnished in a calendar year beginning after 2014” for “For each fifth calendar year beginning after 2012”. ## § 6724: Waiver; definitions and special rules - § 6724(d)(2)(FF): Pub. L. 113–295 substituted “section 6050W(f)” for “section 6050W(c)”. ## § 7122: Compromises - § 7122(f), § 7122(g): Pub. L. 113–295 redesignated subsec. (f) relating to frivolous submissions as (g). ## § 7447: Retirement - § 7447(i)(3)(B)(ii): Pub. L. 113–295 substituted “at 3 percent per annum” for “at 4 percent per annum to December 31, 1947, and 3 percent per annum thereafter”. ## § 7448: Annuities to surviving spouses and dependent children of judges and special trial judges - § 7448(a)(2): Pub. L. 113–295, § 221(a)(116)(A), struck out “or under section 1106 of the Internal Revenue Code of 1939” after “under section 7447” and “or pursuant to section 1106(d) of the Internal Revenue Code of 1939” after “pursuant to section 7447(c)”. - § 7448(g): Pub. L. 113–295, § 221(a)(116)(B), (C), struck out “or other than pursuant to section 1106 of the Internal Revenue Code of 1939” after “other than pursuant to the provisions of section 7447” and substituted “at 3 percent per annum” for “at 4 percent per annum to December 31, 1947, and 3 percent per annum thereafter”. - § 7448(j)(1), § 7448(j)(2): Pub. L. 113–295, § 221(a)(116)(C), substituted “at 3 percent per annum” for “at 4 percent per annum to December 31, 1947, and 3 percent per annum thereafter”. ## § 7518: Tax incentives relating to merchant marine capital construction funds - § 7518(g)(4): Pub. L. 113–295, which directed substitution of “any nonqualified withdrawal shall be determined” for “any nonqualified withdrawal” and all that followed through “ ‘shall be determined”, was executed by substituting “any nonqualified withdrawal shall be determined” for “any nonqualified withdrawal— ## § 7520: Valuation tables - § 7520(c)(2), § 7520(c): Pub. L. 113–295 redesignated par. (3) as (2), substituted “The Secretary” for “Not later than December 31, 1989, the Secretary” and struck out “thereafter” after “once each 10 years”, and struck out former par. (2). Prior to amendment, text of par. (2) read as follows: “Not later than the day 3 months after the date of the enactment of this section, the Secretary shall prescribe initial tables for purposes of subsection (a). Such tables may be based on the same mortality experience as used for purposes of section 2031 on the date of the enactment of this section.” ## § 7528: Internal Revenue Service user fees - § 7528(b)(4): Pub. L. 113–295 added par. (4). ## § 7652: Shipments to the United States - § 7652(f)(1): Pub. L. 113–295 substituted “January 1, 2015” for “January 1, 2014”. ## § 7701: Definitions - § 7701(a)(20): Pub. L. 113–295 substituted “chapter 21.” for “chapter 21, or in the case of services performed before January 1, 1951, who would be considered an employee if his services were performed during 1951.” ## § 7705: Certified professional employer organizations - Enacted 26 U.S.C. § 7705. ## § 9035: Qualified campaign expense limitations - § 9035(a): Pub. L. 113–295 substituted “section 315(b)(1)(A)” for “section 320(b)(1)(A)”. ## § 9503: Highway Trust Fund - § 9503(b)(1): Pub. L. 113–295 inserted “and taxes received under section 4081 shall be determined without regard to tax receipts attributable to the rate specified in section 4081(a)(2)(C)” before period at end of concluding provisions. ## § 9507: Hazardous Substance Superfund - § 9507(b)(1): Pub. L. 113–295 struck out “59A,” before “4611,”. ## § 9802: Prohibiting discrimination against individual participants and beneficiaries based on health status - § 9802(f), § 9802(g): Pub. L. 113–295 redesignated subsec. (f) relating to genetic information of a fetus or embryo as (g).