# Pub. L. 116-136: changes to the Internal Revenue Code 2020-03-27, 134 Stat. 357. Source: . ## Legislative history - Bill: [H.R. 748](https://www.congress.gov/bill/116th-congress/house-bill/748) - Bluebook: [JCT general explanation (2022)](https://www.govinfo.gov/app/details/CPRT-116JPRT45906) ## § 53: Credit for prior year minimum tax liability - § 53(e)(1): Pub. L. 116–136, § 2305(a)(1), substituted “2018 or 2019” for “2018, 2019, 2020, or 2021”. - § 53(e)(2): Pub. L. 116–136, § 2305(a)(2), substituted “2019” for “2021” in introductory provisions. - § 53(e): Pub. L. 116–136, § 2305(b)(1), added par. (5). ## § 62: Adjusted gross income defined - § 62(a): Pub. L. 116–136, § 2204(a), added par. (22). - § 62: Pub. L. 116–136, § 2204(b), added subsec. (f). ## § 106: Contributions by employer to accident and health plans - § 106(f): Pub. L. 116–136 added subsec. (f) and struck out former subsec. (f). Prior to amendment, text read as follows: “For purposes of this section and section 105, reimbursement for expenses incurred for a medicine or a drug shall be treated as a reimbursement for medical expenses only if such medicine or drug is a prescribed drug (determined without regard to whether such drug is available without a prescription) or is insulin.” ## § 127: Educational assistance programs - § 127(c)(1)(B): Pub. L. 116–136 added subpar. (B). Former subpar. (B) redesignated (C). - § 127(c)(1)(C): Pub. L. 116–136 redesignated subpar. (B) as (C). ## § 163: Interest - § 163(j)(10), § 163(j)(11): Pub. L. 116–136 added par. (10) and redesignated former par. (10) as (11). ## § 168: Accelerated cost recovery system - § 168(e)(3)(E)(vii): Pub. L. 116–136, § 2307(a)(1)(A), added cl. (vii). - § 168(e)(6)(A): Pub. L. 116–136, § 2307(a)(1)(B), inserted “made by the taxpayer” after “any improvement”. - § 168(g)(3)(B): Pub. L. 116–136, § 2307(a)(2), struck out table item relating to subpar. (D)(v) and inserted table item relating to subpar. (E)(vii). ## § 172: Net operating loss deduction - § 172(a): Pub. L. 116–136, § 2303(a)(1), substituted “an amount equal to—” and pars. (1) and (2) for “an amount equal to the lesser of— - § 172(b)(1)(A): Pub. L. 116–136, § 2303(c)(2), amended subpar. (A) generally. Prior to amendment, text read as follows: “Except as otherwise provided in this paragraph, a net operating loss for any taxable year— - § 172(b)(1)(A)(i): Pub. L. 116–136, § 2303(b)(2), substituted “, (C)(i), and (D)” for “and (C)(i)”. - § 172(b)(1)(D): Pub. L. 116–136, § 2303(b)(1), added subpar. (D). - § 172(b)(2)(C): Pub. L. 116–136, § 2303(a)(2)(A), amended subpar. (C) generally. Prior to amendment, subpar. (C) read as follows: “not exceed the amount determined under subsection (a)(2) for such prior taxable year.” - § 172(d)(6)(C): Pub. L. 116–136, § 2303(a)(2)(B), substituted “subsection (a)(2)(B)(ii)(I)” for “subsection (a)(2)”. ## § 220: Archer MSAs - § 220(d)(2)(A): Pub. L. 116–136 substituted “For purposes of this subparagraph, amounts paid for menstrual care products (as defined in section 223(d)(2)(D)) shall be treated as paid for medical care.” for “Such term shall include an amount paid for medicine or a drug only if such medicine or drug is a prescribed drug (determined without regard to whether such drug is available without a prescription) or is insulin.” ## § 221: Interest on education loans - § 221(e)(1): Pub. L. 116–136 inserted “, or for which an exclusion is allowable under section 127 to the taxpayer by reason of the payment by the taxpayer’s employer of any indebtedness on a qualified education loan of the taxpayer” after “provision of this chapter”. ## § 223: Health savings accounts - § 223(c)(1)(B)(ii): Pub. L. 116–136, § 3701(b), substituted “long-term care, or (in the case of plan years beginning on or before December 31, 2021) telehealth and other remote care” for “or long-term care”. - § 223(c)(2)(E): Pub. L. 116–136, § 3701(a), added subpar. (E). - § 223(d)(2)(A): Pub. L. 116–136, § 3702(a)(1), substituted “For purposes of this subparagraph, amounts paid for menstrual care products shall be treated as paid for medical care.” for “Such term shall include an amount paid for medicine or a drug only if such medicine or drug is a prescribed drug (determined without regard to whether such drug is available without a prescription) or is insulin.” - § 223(d)(2)(D): Pub. L. 116–136, § 3702(a)(2), added subpar. (D). ## § 401: Qualified pension, profit-sharing, and stock bonus plans - § 401(a)(9)(I): Pub. L. 116–136 added subpar. (I). ## § 402: Taxability of beneficiary of employees’ trust - § 402(c)(4): Pub. L. 116–136 substituted “2020” for “2009” in two places in concluding provisions. ## § 414: Definitions and special rules - § 414(y)(1)(D): Pub. L. 116–136 added subpar. (D). ## § 461: General rule for taxable year of deduction - § 461(l)(1): Pub. L. 116–136, § 2304(a), amended par. (1) generally. Prior to amendment, text read as follows: “In the case of taxable year of a taxpayer other than a corporation beginning after December 31, 2017, and before January 1, 2026— - § 461(l)(2): Pub. L. 116–136, § 2304(b)(1), substituted “a net operating loss for the taxable year for purposes of determining any net operating loss carryover under section 172(b) for subsequent taxable years” for “a net operating loss carryover to the following taxable year under section 172”. - § 461(l)(3)(A): Pub. L. 116–136, § 2304(b)(2)(B), inserted concluding provisions. - § 461(l)(3)(A)(i): Pub. L. 116–136, § 2304(b)(2)(A), inserted “and without regard to any deduction allowable under section 172 or 199A” after “under paragraph (1)”. - § 461(l)(3)(B), § 461(l)(3)(C): Pub. L. 116–136, § 2304(b)(3), added subpar. (B) and redesignated former subpar. (B) as (C). ## § 860E: Treatment of income in excess of daily accruals on residual interests - § 860E(a)(3)(B): Pub. L. 116–136 substituted “subsection (a)(2)(B)(ii)(I) and the second sentence of subsection (b)(2) of section 172.” for “the 2nd sentence of section 172(b)(2).” ## § 3306: Definitions - § 3306(v)(6): Pub. L. 116–136 substituted “Workforce Innovation and Opportunity Act” for “Workforce Investment Act of 1998”. ## § 5214: Withdrawal of distilled spirits from bonded premises free of tax or without payment of tax - § 5214(a)(14): Pub. L. 116–136 added par. (14). ## § 6103: Confidentiality and disclosure of returns and return information - § 6103(a)(3): Pub. L. 116–136, § 3516(a)(1), substituted “(13)(A), (13)(B), (13)(C), (13)(D)(i), (16)” for “(13), (16)”. - § 6103(l)(13)(C)(ii): Pub. L. 116–136, § 3516(a)(5), substituted “section 263A(e)(4)” for “section 236A(e)(4)”. - § 6103(p)(3)(A): Pub. L. 116–136, § 3516(a)(2), substituted “(12), (13)(A), (13)(B), (13)(C), (13)(D)(i)” for “(12),”. - § 6103(p)(4): Pub. L. 116–136, § 3516(a)(4), substituted “(13)(A), (13)(B), (13)(C), (13)(D)(i)” for “(13)” wherever appearing. - § 6103(p)(4): Pub. L. 116–136, § 3516(a)(3), substituted “(13), or (16)” for “(13) or (16)” in two places in concluding provisions. ## § 6211: Definition of a deficiency - § 6211(b)(4)(A): Pub. L. 116–136 substituted “36B, and 6428” for “and 36B, 168(k)(4)”. ## § 6213: Restrictions applicable to deficiencies; petition to Tax Court - § 6213(g)(2)(L): Pub. L. 116–136 substituted “32, or 6428” for “or 32” in introductory provisions. ## § 6428: 2020 recovery rebates for individuals - Enacted 26 U.S.C. § 6428.