Pub. L. 117-58: Nov. 15, 2021

Bill H.R. 3684 · House report H. Rept. 117-70 · Bluebook JCT general explanation (2023)

§ 45Q Credit for carbon oxide sequestration

(f)(3) Pub. L. 117–58 added par. (3) relating to credit reduced for certain tax-exempt bonds at end of subsec. (f).

§ 118 Contributions to the capital of a corporation

(b) Pub. L. 117–58, § 80601(a)(1), inserted “except as provided in subsection (c),” after “For purposes of subsection (a),”…
(c) (d) (e) Pub. L. 117–58, § 80601(a)(2), (3), added subsecs. (c) and (d), redesignated former subsec. (d) as (e), and struck out…

§ 141 Private activity bond; qualified bond

(b)(6)(C) Pub. L. 117–58 added subpar. (C).

§ 142 Exempt facility bond

(a)(16) Pub. L. 117–58, § 80401(a), added par. (16).
(a)(17) Pub. L. 117–58, § 80402(a), added par. (17).
(m)(2)(A) Pub. L. 117–58, § 80403(a), substituted “$30,000,000,000” for “$15,000,000,000”.
(n) Pub. L. 117–58, § 80401(b), added subsec. (n).
(o) Pub. L. 117–58, § 80402(b), added subsec. (o).

§ 146 Volume cap

(g) Pub. L. 117–58, § 80401(c)(2), substituted “Paragraphs (4) and (5)” for “Paragraph (4)” in concluding provisions.
(g)(5) Pub. L. 117–58, § 80401(c)(1), added par. (5).
(g)(6) Pub. L. 117–58, § 80402(c), added par. (6).

§ 430 Minimum funding standards for single-employer defined benefit pension plans

(h)(2)(C)(iv)(II) Pub. L. 117–58 amended table generally. Prior to amendment, table related to applicable minimum and maximum percentages…

§ 3134 Employee retention credit for employers subject to closure due to COVID–19

(c)(5) Pub. L. 117–58, § 80604(a)(1), struck out subpar. (C) which read as follows: “which, with respect to such calendar…
(n) Pub. L. 117–58, § 80604(a)(2), substituted “October 1, 2021 (or, in the case of wages paid by an eligible employer…

§ 4041 Imposition of tax

(a)(1)(C)(iii)(I) Pub. L. 117–58, § 80102(a)(1)(A), substituted “September 30, 2028” for “September 30, 2022”.
(m)(1)(A) Pub. L. 117–58, § 80102(a)(2)(A), substituted “October 1, 2028” for “October 1, 2022” in introductory provisions.
(m)(1)(B) Pub. L. 117–58, § 80102(a)(1)(B), substituted “September 30, 2028” for “September 30, 2022” in introductory provisions.

§ 4051 Imposition of tax on heavy trucks and trailers sold at retail

(c) Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022”.

§ 4071 Imposition of tax

(d) Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022”.

§ 4081 Imposition of tax

(d)(1) Pub. L. 117–58, § 80102(a)(1)(C), substituted “September 30, 2028” for “September 30, 2022”.
(d)(3) Pub. L. 117–58, § 80102(a)(2)(D), substituted “October 1, 2028” for “October 1, 2022”.

§ 4221 Certain tax-free sales

(a) Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022” in concluding provisions.

§ 4481 Imposition of tax

(f) Pub. L. 117–58 substituted “2029” for “2023”.

§ 4482 Definitions

(c)(4) (d) Pub. L. 117–58 substituted “2029” for “2023” wherever appearing.

§ 4483 Exemptions

(i) Pub. L. 117–58 substituted “October 1, 2029” for “October 1, 2023”.

§ 4661 Imposition of tax

(b) Pub. L. 117–58, § 80201(b)(1), amended subsec. (b) generally. Prior to amendment, subsec. (b) set out the amount of tax…
(c) Pub. L. 117–58, § 80201(a)(1), amended subsec. (c) generally. Prior to amendment, text read as follows: “No tax shall…

§ 4671 Imposition of tax

(b)(2) Pub. L. 117–58, § 80201(b)(2), substituted “10 percent” for “5 percent”.
(e) Pub. L. 117–58, § 80201(a)(2), amended subsec. (e) generally. Prior to amendment, text read as follows: “No tax shall…

§ 4672 Definitions and special rules

(a)(2)(B) Pub. L. 117–58 substituted “20 percent” for “50 percent” in two places.

§ 6045 Returns of brokers

(c)(1)(C) Pub. L. 117–58, § 80603(a)(2), substituted “any person who (for consideration)” for “any other person who (for a…
(c)(1)(D) Pub. L. 117–58, § 80603(a)(1), (3), added subpar. (D).
(g)(3)(B)(iv) (g)(3)(B)(v) Pub. L. 117–58, § 80603(b)(1)(A), added cl. (iv) and redesignated former cl. (iv) as (v).
(g)(3)(C)(iii) (g)(3)(C)(iv) Pub. L. 117–58, § 80603(b)(1)(C), added cl. (iii) and redesignated former cl. (iii) as (iv).
(g)(3)(D) Pub. L. 117–58, § 80603(b)(1)(B), added subpar. (D).

§ 6045A Information required in connection with transfers of covered securities to brokers

(a) Pub. L. 117–58, § 80603(b)(2)(A)(i), struck out “a security which is” after “section 6045(c)(1))”.
(d) Pub. L. 117–58, § 80603(b)(2)(A)(ii), added subsec. (d).

§ 6050I Returns relating to cash received in trade or business, etc.

(d)(3) Pub. L. 117–58 added par. (3).

§ 6412 Floor stocks refunds

(a)(1) Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022” in two places and “March 31, 2029” for “March 31…

§ 6724 Waiver; definitions and special rules

(d)(1)(B)(xxv) (d)(1)(B)(xxvi) Pub. L. 117–58 struck out “or” at end of cl. (xxv) and “and” at end of cl. (xxvi).
(d)(1)(B)(xxvii) Pub. L. 117–58 added cl. (xxvii).

§ 7451 Petitions

§ 7451 Pub. L. 117–58, § 80503(b)(1), substituted “Petitions” for “Fee for filing petition” in section catchline.
§ 7451 Pub. L. 117–58, § 80503(a), designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).

§ 7508 Time for performing certain acts postponed by reason of service in combat zone or contingency operation

(a)(1)(C) Pub. L. 117–58, § 80502(a)(1), added subpar. (C) and struck out former subpar. (C) which read as follows: “Filing a…
(a)(1)(J) Pub. L. 117–58, § 80502(a)(2), inserted “or in respect of any erroneous refund” after “any tax”.

§ 7508A Authority to postpone certain deadlines by reason of Federally declared disaster, significant fire, or terroristic or military actions

§ 7508A Pub. L. 117–58, § 80504(b)(1), substituted “Federally declared disaster, significant fire,” for “Presidentially…
(a) Pub. L. 117–58, § 80504(a)(1), which directed insertion of “, a significant fire,” after “federally declared disaster…
(a)(1) Pub. L. 117–58, § 80504(a)(2), inserted “, fire,” after “disaster”.
(b) Pub. L. 117–58, § 80504(a)(2), inserted “, fire,” after “disaster”.
(d) Pub. L. 117–58, § 80501(a)(1)(B), in concluding provisions, substituted “in determining, under the internal revenue…
(d) Pub. L. 117–58, § 80501(a)(1)(A), substituted “the later of such earliest incident date described in subparagraph (A)…
(d) Pub. L. 117–58, § 80501(a)(2), added par. (3) and struck out former par. (3) which defined the term “disaster area”.
(d) Pub. L. 117–58, § 80501(a)(3), added par. (6).
(e) Pub. L. 117–58, § 80504(a)(3), added subsec. (e).

§ 9503 Highway Trust Fund

(b)(1) Pub. L. 117–58, § 80102(e)(1)(A)(i), substituted “October 1, 2028” for “October 1, 2022” in introductory provisions.
(b)(2) Pub. L. 117–58, § 80102(e)(1)(A), in heading, substituted “October 1, 2028” for “October 1, 2022”, and, in text…
(b)(6)(B) Pub. L. 117–58, § 80101(a)(1), substituted “October 1, 2026” for “October 1, 2021”.
(c)(1) Pub. L. 117–58, § 80101(a), substituted “October 1, 2026” for “October 1, 2021” and “Infrastructure Investment and Jobs…
(c)(2) Pub. L. 117–58, § 80102(e)(1)(B), substituted “July 1, 2029” for “July 1, 2023”.
(c)(3)(A)(i) Pub. L. 117–58, § 80102(e)(2)(A), substituted “October 1, 2028” for “October 1, 2022”.
(c)(4)(A) Pub. L. 117–58, § 80102(e)(2)(A), substituted “October 1, 2028” for “October 1, 2022”.
(e)(3) Pub. L. 117–58, § 80101(a), substituted “October 1, 2026” for “October 1, 2021” and “Infrastructure Investment and Jobs…
(f)(11) (f)(12) Pub. L. 117–58, § 80103, added par. (11) and redesignated former par. (11) as (12).

§ 9504 Sport Fish Restoration and Boating Trust Fund

(b)(2)(A) (b)(2)(B) (b)(2)(C) Pub. L. 117–58, § 80101(b)(1), substituted “Infrastructure Investment and Jobs Act” for “Continuing Appropriations Act…
(d)(2) Pub. L. 117–58, § 80101(b)(2), substituted “October 1, 2026” for “October 1, 2021”.

§ 9508 Leaking Underground Storage Tank Trust Fund

(e)(2) Pub. L. 117–58 substituted “October 1, 2026” for “October 1, 2021”.