# Pub. L. 117-58: changes to the Internal Revenue Code 2021-11-15, 135 Stat. 1334. Source: . ## Legislative history - Bill: [H.R. 3684](https://www.congress.gov/bill/117th-congress/house-bill/3684) - House report: [H. Rept. 117-70](https://www.govinfo.gov/content/pkg/CRPT-117hrpt70/html/CRPT-117hrpt70.htm) - Bluebook: [JCT general explanation (2023)](https://www.govinfo.gov/app/details/CPRT-117JPRT53965) ## § 45Q: Credit for carbon oxide sequestration - § 45Q(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 - § 118(b): Pub. L. 117–58, § 80601(a)(1), inserted “except as provided in subsection (c),” after “For purposes of subsection (a),” in introductory provisions. - § 118(c), § 118(d), § 118(e): Pub. L. 117–58, § 80601(a)(2), (3), added subsecs. (c) and (d), redesignated former subsec. (d) as (e), and struck out former subsec. (c) which related to regulations. ## § 141: Private activity bond; qualified bond - § 141(b)(6)(C): Pub. L. 117–58 added subpar. (C). ## § 142: Exempt facility bond - § 142(a)(16): Pub. L. 117–58, § 80401(a), added par. (16). - § 142(a)(17): Pub. L. 117–58, § 80402(a), added par. (17). - § 142(m)(2)(A): Pub. L. 117–58, § 80403(a), substituted “$30,000,000,000” for “$15,000,000,000”. - § 142(n): Pub. L. 117–58, § 80401(b), added subsec. (n). - § 142(o): Pub. L. 117–58, § 80402(b), added subsec. (o). ## § 146: Volume cap - § 146(g): Pub. L. 117–58, § 80401(c)(2), substituted “Paragraphs (4) and (5)” for “Paragraph (4)” in concluding provisions. - § 146(g)(5): Pub. L. 117–58, § 80401(c)(1), added par. (5). - § 146(g)(6): Pub. L. 117–58, § 80402(c), added par. (6). ## § 430: Minimum funding standards for single-employer defined benefit pension plans - § 430(h)(2)(C)(iv)(II): Pub. L. 117–58 amended table generally. Prior to amendment, table related to applicable minimum and maximum percentages for calendar years 2012 to 2029 and after. ## § 3134: Employee retention credit for employers subject to closure due to COVID–19 - § 3134(c)(5): Pub. L. 117–58, § 80604(a)(1), struck out subpar. (C) which read as follows: “which, with respect to such calendar quarter, is not described in subclause (I) or (II) of paragraph (2)(A)(ii).”. - § 3134(n): Pub. L. 117–58, § 80604(a)(2), substituted “October 1, 2021 (or, in the case of wages paid by an eligible employer which is a recovery startup business, January 1, 2022)” for “January 1, 2022”. ## § 4041: Imposition of tax - § 4041(a)(1)(C)(iii)(I): Pub. L. 117–58, § 80102(a)(1)(A), substituted “September 30, 2028” for “September 30, 2022”. - § 4041(m)(1)(A): Pub. L. 117–58, § 80102(a)(2)(A), substituted “October 1, 2028” for “October 1, 2022” in introductory provisions. - § 4041(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 - § 4051(c): Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022”. ## § 4071: Imposition of tax - § 4071(d): Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022”. ## § 4081: Imposition of tax - § 4081(d)(1): Pub. L. 117–58, § 80102(a)(1)(C), substituted “September 30, 2028” for “September 30, 2022”. - § 4081(d)(3): Pub. L. 117–58, § 80102(a)(2)(D), substituted “October 1, 2028” for “October 1, 2022”. ## § 4221: Certain tax-free sales - § 4221(a): Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022” in concluding provisions. ## § 4481: Imposition of tax - § 4481(f): Pub. L. 117–58 substituted “2029” for “2023”. ## § 4482: Definitions - § 4482(c)(4), § 4482(d): Pub. L. 117–58 substituted “2029” for “2023” wherever appearing. ## § 4483: Exemptions - § 4483(i): Pub. L. 117–58 substituted “October 1, 2029” for “October 1, 2023”. ## § 4661: Imposition of tax - § 4661(b): Pub. L. 117–58, § 80201(b)(1), amended subsec. (b) generally. Prior to amendment, subsec. (b) set out the amount of tax on certain taxable chemicals. - § 4661(c): Pub. L. 117–58, § 80201(a)(1), amended subsec. (c) generally. Prior to amendment, text read as follows: “No tax shall be imposed under this section during any period during which the Hazardous Substance Superfund financing rate under section 4611 does not apply.” ## § 4671: Imposition of tax - § 4671(b)(2): Pub. L. 117–58, § 80201(b)(2), substituted “10 percent” for “5 percent”. - § 4671(e): Pub. L. 117–58, § 80201(a)(2), amended subsec. (e) generally. Prior to amendment, text read as follows: “No tax shall be imposed under this section during any period during which the Hazardous Substance Superfund financing rate under section 4611 does not apply.” ## § 4672: Definitions and special rules - § 4672(a)(2)(B): Pub. L. 117–58 substituted “20 percent” for “50 percent” in two places. ## § 6045: Returns of brokers - § 6045(c)(1)(C): Pub. L. 117–58, § 80603(a)(2), substituted “any person who (for consideration)” for “any other person who (for a consideration)” and “, and” for period at end. - § 6045(c)(1)(D): Pub. L. 117–58, § 80603(a)(1), (3), added subpar. (D). - § 6045(g)(3)(B)(iv), § 6045(g)(3)(B)(v): Pub. L. 117–58, § 80603(b)(1)(A), added cl. (iv) and redesignated former cl. (iv) as (v). - § 6045(g)(3)(C)(iii), § 6045(g)(3)(C)(iv): Pub. L. 117–58, § 80603(b)(1)(C), added cl. (iii) and redesignated former cl. (iii) as (iv). - § 6045(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 - § 6045A(a): Pub. L. 117–58, § 80603(b)(2)(A)(i), struck out “a security which is” after “section 6045(c)(1))”. - § 6045A(d): Pub. L. 117–58, § 80603(b)(2)(A)(ii), added subsec. (d). ## § 6050I: Returns relating to cash received in trade or business, etc. - § 6050I(d)(3): Pub. L. 117–58 added par. (3). ## § 6412: Floor stocks refunds - § 6412(a)(1): Pub. L. 117–58 substituted “October 1, 2028” for “October 1, 2022” in two places and “March 31, 2029” for “March 31, 2023” in two places and substituted “January 1, 2029” for “January 1, 2023”. ## § 6724: Waiver; definitions and special rules - § 6724(d)(1)(B)(xxv), § 6724(d)(1)(B)(xxvi): Pub. L. 117–58 struck out “or” at end of cl. (xxv) and “and” at end of cl. (xxvi). - § 6724(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 - § 7508(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 petition with the Tax Court for redetermination of a deficiency, or for review of a decision rendered by the Tax Court;”. - § 7508(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 declared disaster” in section catchline. - § 7508A(a): Pub. L. 117–58, § 80504(a)(1), which directed insertion of “, a significant fire,” after “federally declared disaster (as defined in section 165(i)(5)(A))”, was executed by making the insertion after “federally declared disaster (as defined by section 165(i)(5)(A))” in introductory provisions, to reflect the probable intent of Congress. - § 7508A(a)(1): Pub. L. 117–58, § 80504(a)(2), inserted “, fire,” after “disaster”. - § 7508A(b): Pub. L. 117–58, § 80504(a)(2), inserted “, fire,” after “disaster”. - § 7508A(d): Pub. L. 117–58, § 80501(a)(1)(B), in concluding provisions, substituted “in determining, under the internal revenue laws, in respect of any tax liability of such qualified taxpayer, whether any of the acts described in subparagraphs (A) through (F) of section 7508(a)(1) were performed within the time prescribed therefor (determined without regard to extension under any other provision of this subtitle for periods after the date determined under subparagraph (B))” for “in the same manner as a period specified under subsection (a)”. - § 7508A(d): Pub. L. 117–58, § 80501(a)(1)(A), substituted “the later of such earliest incident date described in subparagraph (A) or the date such declaration was issued” for “the latest incident date so specified”. - § 7508A(d): Pub. L. 117–58, § 80501(a)(2), added par. (3) and struck out former par. (3) which defined the term “disaster area”. - § 7508A(d): Pub. L. 117–58, § 80501(a)(3), added par. (6). - § 7508A(e): Pub. L. 117–58, § 80504(a)(3), added subsec. (e). ## § 9503: Highway Trust Fund - § 9503(b)(1): Pub. L. 117–58, § 80102(e)(1)(A)(i), substituted “October 1, 2028” for “October 1, 2022” in introductory provisions. - § 9503(b)(2): Pub. L. 117–58, § 80102(e)(1)(A), in heading, substituted “October 1, 2028” for “October 1, 2022”, and, in text, substituted “October 1, 2028” for “October 1, 2022”, “September 30, 2028” for “September 30, 2022”, and “July 1, 2029” for “July 1, 2023”. - § 9503(b)(6)(B): Pub. L. 117–58, § 80101(a)(1), substituted “October 1, 2026” for “October 1, 2021”. - § 9503(c)(1): Pub. L. 117–58, § 80101(a), substituted “October 1, 2026” for “October 1, 2021” and “Infrastructure Investment and Jobs Act” for “Continuing Appropriations Act, 2021 and Other Extensions Act”. - § 9503(c)(2): Pub. L. 117–58, § 80102(e)(1)(B), substituted “July 1, 2029” for “July 1, 2023”. - § 9503(c)(3)(A)(i): Pub. L. 117–58, § 80102(e)(2)(A), substituted “October 1, 2028” for “October 1, 2022”. - § 9503(c)(4)(A): Pub. L. 117–58, § 80102(e)(2)(A), substituted “October 1, 2028” for “October 1, 2022”. - § 9503(e)(3): Pub. L. 117–58, § 80101(a), substituted “October 1, 2026” for “October 1, 2021” and “Infrastructure Investment and Jobs Act” for “Continuing Appropriations Act, 2021 and Other Extensions Act”. - § 9503(f)(11), § 9503(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 - § 9504(b)(2)(A), § 9504(b)(2)(B), § 9504(b)(2)(C): Pub. L. 117–58, § 80101(b)(1), substituted “Infrastructure Investment and Jobs Act” for “Continuing Appropriations Act, 2021 and Other Extensions Act”. - § 9504(d)(2): Pub. L. 117–58, § 80101(b)(2), substituted “October 1, 2026” for “October 1, 2021”. ## § 9508: Leaking Underground Storage Tank Trust Fund - § 9508(e)(2): Pub. L. 117–58 substituted “October 1, 2026” for “October 1, 2021”.