Pub. L. 96-222 Apr. 1, 1980

94 Stat. 225 · Changed 78 sections of the Code

Bill H.R. 2797

§ 3 Tax tables for individuals

  • (b)(1) Pub. L. 96–222, § 108(a)(1)(E), redesignated subpars. (B) and (C) as (A) and (B), respectively.

§ 5 Cross references relating to tax on individuals

  • (a)(4) Pub. L. 96–222 substituted “sections 55 and 56” for “section 55”.

§ 22 Credit for the elderly and the permanently and totally disabled

    § 32 Earned income

    • (c)(1)(C) Pub. L. 96–222, § 101(a)(1), in heading substituted “who claims benefit of section 911, 913, or 931” for “entitled to…
    • (g) (h) Pub. L. 96–222, § 101(a)(2)(E), redesignated subsec. (h) as (g).

    § 46 Amount of credit

    • § 46 Pub. L. 96–222, § 101(a)(7)(L)(iii)(I), substituted “employee plan” for “ESOP”.
    • § 46 Pub. L. 96–222, § 101(a)(7)(L)(v)(I), (M)(i), substituted in heading “employee plan” for “ESOP” and in cls. (i) and…
    • § 46 Pub. L. 96–222, § 103(a)(2)(B)(i), redesignated par. (10) as (9). A former par. (9) was previously repealed by section…
    • § 46 Pub. L. 96–222, § 103(a)(2)(B)(ii), (iii), substituted “paragraph (3)(B) shall be applied by substituting ‘100 percent’…
    • § 46 Pub. L. 96–222, § 103(a)(2)(B)(i), redesignated par. (10) as (9).
    • § 46 Pub. L. 96–222, § 103(a)(3), inserted provisions requiring that this subparagraph not apply for purposes of applying…
    • § 46 Pub. L. 96–222, § 103(a)(4)(A), inserted provisions requiring that this paragraph not apply with respect to any…
    • § 46 Pub. L. 96–222, § 107(a)(3)(A), substituted “subsection (a)(7)(C)” for “subsection (a)(7)(D)”.
    • § 46 Pub. L. 96–222, § 101(a)(7)(A), substituted in provisions preceding subpar. (A) “subparagraph (E) of subsection (a)(2)”…

    § 48 Energy credit

    • (a)(10)(B) Pub. L. 96–222, § 108(c)(6), substituted “5” for “51”.
    • § 48 Pub. L. 96–222, § 103(a)(4)(B), substituted “subsections (a)(1)(E) and (l)” for “subsection (a)(1)(E)”.
    • § 48 Pub. L. 96–222, § 101(a)(7)(G), (H), (L)(i)(I)–(IV), (ii)(III)–(VI), (iii)(II), (v)(II)–(IV), (M)(ii), amended subsec.…
    • § 48 Pub. L. 96–222, § 101(a)(7)(L)(iii)(III), (v)(IV), (V), (M)(iii), substituted “employee plan” for “ESOP” wherever…

    § 51 Amount of credit

    • (c)(1) Pub. L. 96–222, § 103(a)(6)(E)(ii), substituted “, subsection (d)(8)(D), and subsection (h)(2)” for “subsection (h)(2)”.
    • (c)(2) Pub. L. 96–222, § 103(a)(6)(G)(iii), inserted “or incurred” after “amounts paid”.
    • (c)(4) Pub. L. 96–222, § 103(a)(6)(A), substituted “December 31, 1981” for “December 31, 1980”.
    • (d)(1)(E) Pub. L. 96–222, § 103(a)(6)(G)(iv), struck out “or” after “recipient,”.
    • (d)(4)(A) Pub. L. 96–222, § 103(a)(6)(G)(v), substituted “active duty” for “active day”.
    • (d)(4)(B) Pub. L. 96–222, § 103(a)(6)(G)(vi), substituted “preemployment” for “premployment”.
    • (d)(5) Pub. L. 96–222, § 103(a)(6)(G)(vii), substituted “preemployment” for “pre-employment”.
    • (d)(8)(A) Pub. L. 96–222, § 103(a)(6)(F), substituted “age 20” for “age 19”.
    • (d)(8) Pub. L. 96–222, § 103(a)(6)(E)(i), in heading substituted “Wages” for “Individual must be currently pursuing program”…
    • (d)(12) Pub. L. 96–222, § 103(a)(6)(G)(viii), substituted “employers” for “employer”.
    • (e) Pub. L. 96–222, § 103(a)(6)(G)(ix), inserted “except as provided in subsection (h)(1)” after “the preceding sentence,”.

    § 52 Special rules

    • § 52 Pub. L. 96–222 substituted “subsections (e) and (h) of section 46” for “section 46(e)”.

    § 103 Interest on State and local bonds

    • (c) Pub. L. 96–222, § 107(a)(3)(C), amended the directory language of Pub. L. 96–500, § 703(q)(1). See 1978 Amendment note…

    § 105 Amounts received under accident and health plans

    • (h)(3)(A) Pub. L. 96–222, § 103(a)(13)(B), substituted “highly compensated individuals” for “highly compensated participants”.
    • (h)(7)(A) Pub. L. 96–222, § 103(a)(13)(C), substituted “highly compensated individuals but not to all other participants (or…

    § 119 Meals or lodging furnished for the convenience of the employer

    • (a) Pub. L. 96–222 struck out “General rule” in subsec. (a) as in effect on the day before the date of enactment of the…

    § 125 Cafeteria plans

    • (g)(3)(B) Pub. L. 96–222 substituted “employment requirement” for “service requirement” in cls. (i) and (ii).

    § 126 Certain cost-sharing payments

    • (a) Pub. L. 96–222, § 105(a)(7)(C), (E), inserted in par. (9) “or his delegate” after “Secretary of the Treasury” and…
    • (b) Pub. L. 96–222, § 105(a)(7)(A), inserted provisions relating to payments not chargeable to capital account.
    • (c) Pub. L. 96–222, § 105(a)(7)(A), substituted provisions allowing the taxpayer to elect not to have this section apply to…
    • (d) (e) Pub. L. 96–222, § 105(a)(7)(A), added subsecs. (d) and (e).

    § 140 Cross references to other Acts

    • (a) Pub. L. 96–222 substituted “benefits which are not includible in gross income under section 85,” for “benefits, see”.

    § 172 Net operating loss deduction

    • (b)(1)(A) Pub. L. 96–222, § 106(a)(6), substituted “, (H), and (I)” for “and (H)”.
    • (b)(1)(A) Pub. L. 96–222, § 103(a)(15), amended directory language of Pub. L. 95–600, § 371(a)(2), to correct an error, and did…
    • (b)(1)(B) Pub. L. 96–222, § 106(a)(7), substituted “(G), and (I)” for “and (G)”.
    • (b)(1) Pub. L. 96–222, § 106(a)(1), redesignated former subpar. (H), added by section 601(b) of Pub. L. 95–600 relating to an…

    § 192 Contributions to black lung benefit trust

    • (e) Pub. L. 96–222 substituted “Federal Mine Safety and Health Act of 1977” for “Federal Coal Mine Health and Safety Act of…

    § 216 Deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder

    • (b)(6) Pub. L. 96–222, § 105(a)(6)(A), added subpar. (A). Former subpar. (A), which required the original seller who acquired…
    • (b)(6) Pub. L. 96–222, § 105(a)(6)(A), (B), added subpar. (B), redesignated former subpars. (B) and (C) as (C) and (D), and…

    § 219 Retirement savings

    • (b)(4) Pub. L. 96–222, § 101(a)(14)(B), inserted “402(a)(7),” after “section 402(a)(5)”.
    • (b) Pub. L. 96–222, § 101(a)(10)(D), amended par. (7) generally, including provision requiring that paragraph (3) not apply…

    § 274 Disallowance of certain entertainment, etc., expenses

    • (a)(2) Pub. L. 96–222, § 103(a)(10)(A), struck out “country” after “the case of a”.

    § 280C Certain expenses for which credits are allowable

      § 357 Assumption of liability

      • (c)(3)(A) Pub. L. 96–222 struck out requirement that only taxpayers who compute taxable income under the cash receipts and…

      § 383 Special limitations on certain excess credits, etc.

      • § 383 Pub. L. 96–222, in sections 383, as related to section 382(a) of this title, before and after amendment by Pub. L.…

      § 401 Qualified pension, profit-sharing, and stock bonus plans

      • (a)(20) Pub. L. 96–222, § 101(a)(14)(E)(iii), substituted “makes a qualifying rollover distribution (determined as if section…
      • (a)(21) Pub. L. 96–222, § 101(a)(7)(L)(i)(V), substituted “a tax credit employee stock ownership plan” for “an ESOP”.
      • (a)(22)(B) Pub. L. 96–222, § 101(a)(9), substituted “are securities” for “as securities”.

      § 402 Taxability of beneficiary of employees’ trust

      • (a) Pub. L. 96–222, § 101(a)(14)(E)(i), substituted “may designate” for “many designate”.
      • (a) Pub. L. 96–222, § 101(a)(14)(C), substituted “qualifying rollover distribution attributable to an employee is paid to…

      § 403 Taxation of employee annuities

      • (b) Pub. L. 96–222 substituted in par. (1) “409(b)(3)(C)” for “409(d)(3)(C)”, and in par. (7)(A) “which satisfies” for…

      § 404 Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan

      • (h) Pub. L. 96–222 inserted “or shareholder employees” after “individuals” in heading, and in par. (4) “or described in…

      § 408 Individual retirement accounts

      • (a)(1) Pub. L. 96–222, § 101(a)(14)(B), inserted reference to section 402(a)(7).
      • (d)(5) Pub. L. 96–222, § 101(a)(10)(C), (14)(E)(ii), in subpar. (A) inserted provisions requiring that if employer…
      • (j) Pub. L. 96–222, § 101(a)(10)(J)(i), struck out par. (3) which made reference to paragraph (5) of subsection (b).
      • (k) Pub. L. 96–222, § 101(a)(10)(A), (F), (G), substituted in par. (1) “(5), and (6)” for “and (5)” and in par. (3)(D) “If…

      § 409 Qualifications for tax credit employee stock ownership plans

      • § 409 Pub. L. 96–222, § 101(a)(7)(L)(v)(VII), substituted “tax credit employee stock ownership plans” for “ESOPS” in section…
      • (a) Pub. L. 96–222, § 101(a)(7)(L)(ii)(I), (v)(VI), substituted in heading and in text “tax credit employee stock ownership…
      • (b)(4) Pub. L. 96–222, § 101(a)(7)(L)(iii)(V), substituted “employee plan credit” for “ESOP credit”.
      • (d) Pub. L. 96–222, § 101(a)(7)(F), inserted “(or allocated to a participant’s account in connection with matched employer…
      • (f)(1) Pub. L. 96–222, § 101(a)(7)(I)(i), substituted “only if it is established on or before the due date (including any…
      • (f)(2) Pub. L. 96–222, § 101(a)(7)(I)(ii), (L)(v)(VII), substituted “employee plan” for “ESOP” and inserted “with respect to…
      • (g) Pub. L. 96–222, § 101(a)(7)(L)(iii)(V), substituted “employee plan credit” for “ESOP credit”.
      • (h)(2) Pub. L. 96–222, § 101(a)(7)(E), inserted “or of section 4975(e)(7)” after “the requirements of this section”.
      • (j)(2) (k)(1) Pub. L. 96–222, § 101(a)(7)(L)(iii)(V), substituted “employee plan credit” for “ESOP credit”.
      • (l)(2)(B) Pub. L. 96–222, § 101(a)(7)(J)(i), substituted “class of common stock” for “class of stock”.
      • (l)(3) Pub. L. 96–222, § 101(a)(7)(J)(ii), (L)(ii)(II), substituted “as employer securities” for “as meeting the requirements…
      • (m) Pub. L. 96–222, § 101(a)(7)(D), (L)(i), substituted provisions relating to nonrecognition of gain or loss on…
      • (n) Pub. L. 96–222, § 101(a)(7)(L)(iii)(V), substituted “employee plan credit” for “ESOP credit” in pars. (1) and (2).

      § 415 Limitations on benefits and contribution under qualified plans

      • (b)(7) Pub. L. 96–222, § 101(a)(11), substituted in subpar. (C) “under which benefits are determined solely by reference to…
      • (c)(6)(B) Pub. L. 96–222, § 101(a)(7)(L)(i)(VII), (iv)(I), substituted “a tax credit employee stock ownership plan” for “an ESOP”…
      • (e) Pub. L. 96–222, § 101(a)(10)(I), inserted provisions requiring that for purposes of this section, any contribution by…

      § 443 Returns for a period of less than 12 months

      • (d)(2) Pub. L. 96–222 struck out “in the case of a corporation,” before “the $10,000 amount”.

      § 457 Deferred compensation plans of State and local governments and tax-exempt organizations

      • (d) Pub. L. 96–222 in cl. (i) struck out “described in section 501(c)(12)” after “any organization” and substituted…

      § 465 Deductions limited to amount at risk

      • (a)(1) (a)(3) Pub. L. 96–222, § 102(a)(1)(A), struck out in par. (1)(C) “(determined by reference to the rules contained in section…
      • (b)(5) Pub. L. 96–222, § 102(a)(1)(D)(iii), substituted “to which subsection (a) applies” for “to which this section applies”.
      • (c)(3)(D) Pub. L. 96–222, § 102(a)(1)(D)(ii), struck out provisions relating to equipment leasing by closely-held corporations.
      • (c)(4) (c)(5) (c)(6) Pub. L. 96–222, § 102(a)(1)(D)(i), added pars. (4) to (6).
      • (d) Pub. L. 96–222, § 102(a)(1)(B), inserted “(determined without regard to subsection (e)(1)(A)” after “from such…
      • (e)(2)(A) Pub. L. 96–222, § 102(a)(1)(C), inserted “by reason of losses” after “with respect to the activity”.

      § 501 Exemption from tax on corporations, certain trusts, etc.

      • (c)(21) Pub. L. 96–222 substituted “Federal Mine Safety and Health Act of 1977” for “Federal Coal Mine Health and Safety Act of…

      § 593 Reserves for losses on loans

      • (b)(2) Pub. L. 96–222 substituted “18⁄46” for “⅜” in two places.

      § 666 Accumulation distribution allocated to preceding years

      • (c) Pub. L. 96–222 inserted “(other than the tax imposed by section 55)” after “equal to the taxes”.

      § 691 Recipients of income in respect of decedents

      • (c) Pub. L. 96–222 added par. (5).

      § 761 Terms defined

      • (a)(3) Pub. L. 96–222 added par. (3).

      § 852 Taxation of regulated investment companies and their shareholders

      • (b)(3)(D)(iii) Pub. L. 96–222 substituted “72 percent” for “70 percent”.

      § 857 Taxation of real estate investment trusts and their beneficiaries

      • (b)(4)(A) Pub. L. 96–222 substituted provisions computing the tax on the net income from foreclosure property of every real…

      § 860 Deduction for deficiency dividends

      • (f) Pub. L. 96–222 substituted in heading “Deficiency” for “Efficiency” and in par. (2)(A)(i) “(computed without regard”…

      § 871 Tax on nonresident alien individuals

      • (b)(1) Pub. L. 96–222 substituted “55” for “section 55”.

      § 877 Expatriation to avoid tax

      • (b) Pub. L. 96–222 substituted “55, or 402(e)(1)” for “section 55, 402(e)(1), or section 1201(b)”.

      § 904 Limitation on credit

      • (b)(3) Pub. L. 96–222, § 104(a)(3)(D)(i), redesignated subpar. (E) “Rate differential portion”, added by Pub. L. 95–600, as…

      § 911 Citizens or residents of the United States living abroad

      • (a) Pub. L. 96–222, § 108(a)(1)(C), (D), substituted “a foreign country or” for “qualified foreign” in par. (2) and, in…

      § 1014 Basis of property acquired from a decedent

      • (a)(3) Pub. L. 96–222 substituted “section 2032A” for “section 2032.1”.

      § 1016 Adjustments to basis

      • (a)(22) Pub. L. 96–222, § 106(a)(2), redesignated par. (21), relating to the extent provided in section 1395 in the case of…

      § 1040 Transfer of certain farm, etc., real property

        § 1250 Gain from dispositions of certain depreciable realty

        • (a)(1)(B) Pub. L. 96–222 inserted “which was allowed under section 167(k)” at end of last sentence.

        § 1255 Gain from disposition of section 126 property

        • (a)(1)(B) Pub. L. 96–222, § 105(a)(7)(B), inserted following cl. (ii) provisions requiring that such gain be recognized…
        • (b)(2) Pub. L. 96–222, § 105(a)(7)(D), inserted “for purposes of sections 163(d), 170(e), 341(e)(12), 453(d)(4)(B), and…

        § 1402 Definitions

          § 1504 Definitions

          • (a) Pub. L. 96–222 substituted “a tax credit employee stock ownership plan” for “an ESOP” and “employee” for “leveraged…

          § 2039 Annuities

          • § 2039 Pub. L. 96–222 substituted “(without the application of paragraph (2) thereof), except to the extent that section…

          § 2040 Joint interests

          • § 2040 Pub. L. 96–222, § 105(a)(3)(B), substituted “subsection (a)” for “subsections (a)”.
          • § 2040 Pub. L. 96–222, § 105(a)(3)(A), added subpar. (C).

          § 2055 Transfers for public, charitable, and religious uses

          • (e)(3) Pub. L. 96–222 substituted “such subparagraph (A) or (B)” for “such subparagraph (a) or (B)” and “so that the interest”…

          § 2613 Skip person and non-skip person defined

          • § 2613 Pub. L. 96–222, § 107(a)(2)(B)(i), inserted “(other than as a potential appointee under a power of appointment held by…
          • § 2613 Pub. L. 96–222, § 107(a)(2)(B)(ii), redesignated cls. (iii) to (v) as (iv) to (vi), added cl. (iii), and struck out cl.…

          § 3121 Definitions

          • (a)(5)(D) Pub. L. 96–222 added subpar. (D).

          § 3306 Definitions

          • (b)(5)(D) Pub. L. 96–222 added subpar. (D).

          § 3401 Definitions

          • (a)(18) (a)(19) (a)(20) Pub. L. 96–222 redesignated par. (18), added by Pub. L. 95–600, as (19), in par. (19) as so redesignated, substituted…

          § 4071 Imposition of tax

          • § 4071 Pub. L. 96–222 inserted references to an automobile bus chassis or body.

          § 4221 Certain tax-free sales

          • (e) Pub. L. 96–222 inserted provisions respecting selling by a purchaser or a second purchaser.

          § 4973 Tax on excess contributions to certain tax-favored accounts and annuities

          • (b)(1)(A) Pub. L. 96–222, § 101(a)(14)(B), inserted reference to section 402(a)(7).
          • (c)(1) Pub. L. 96–222, § 101(a)(13)(C), substituted “409(b)(3)(C)” for “409(d)(3)(C)”.

          § 4975 Tax on prohibited transactions

          • (e)(7) Pub. L. 96–222, § 101(a)(7)(K), (L)(iv)(III), (v)(XI), substituted references to an employee stock ownership plan, for…
          • (e)(8) Pub. L. 96–222, § 101(a)(7)(C), substituted provisions defining “qualifying employer security” within the meaning of…

          § 6012 Persons required to make returns of income

            § 6091 Place for filing returns or other documents

              § 6324B Special lien for additional estate tax attributable to farm, etc., valuation

              • (c) Pub. L. 96–222 designated existing provisions as par. (1), substituted “The rule” for “The rules”, and added par. (2).

              § 6401 Amounts treated as overpayments

              • § 6401 Pub. L. 96–222 substituted “46(a)(9)(C)” for “46(a)(10)(C)”.

              § 6411 Tentative carryback and refund adjustments

              • (a) Pub. L. 96–222, § 103(a)(6)(G)(xiii), substituted “section 53(b)” for “section 53(c)”.
              • (d)(2) Pub. L. 96–222, § 105(a)(2), substituted “the date of the overpayment (determined under section 1341(b)(1))” for “the…

              § 6416 Certain taxes on sales and services

              • (b)(2) Pub. L. 96–222, § 108(c)(3), added subpar. (N) and provision following subpar. (N) relating to amount of credit or…
              • (b)(3)(A) Pub. L. 96–222, § 108(c)(4), inserted reference to an automobile bus chassis or an automobile bus body.
              • (b)(3) Pub. L. 96–222, § 108(c)(2)(A), inserted reference to an automobile bus chassis or an automobile bus body.
              • (b)(4)(B) Pub. L. 96–222, § 108(c)(2)(B), inserted reference to automobile bus chassis or an automobile bus body.

              § 6421 Gasoline used for certain nonhighway purposes, used by local transit systems, or sold for certain exempt purposes

              • (d)(2) Pub. L. 96–222 inserted provisions requiring that the preceding sentence not apply to use in a vessel employed in the…

              § 6501 Limitations on assessment and collection

              • (o) Pub. L. 96–222, § 102(a)(2)(A), redesignated subsec. (q), as added by section 212(a) of Pub. L. 95–600, relating to…
              • (p) Pub. L. 96–222, § 103(a)(6)(G)(X), redesignated subsec. (q), as added by section 321(b)(2) of Pub. L. 95–600, relating…

              § 6503 Suspension of running of period of limitation

              • (g) Pub. L. 96–222 substituted “4951, 4952, 4971, or 4975” for “4971, 4975, 4985, or 4986” and “4951(e)(4), 4952(e)(2)…

              § 6511 Limitations on credit or refund

              • (f) Pub. L. 96–222, § 108(b)(1)(B), inserted in heading “and certain chapter 43” after “chapter 42”, and in text “or…
              • (g) Pub. L. 96–222, § 102(a)(2)(B), substituted “section 6501(o)” for “section 6501(q)”.

              § 6693 Failure to provide reports on certain tax-favored accounts or annuities; penalties relating to designated nondeductible contributions

              • (a) Pub. L. 96–222 substituted “subsection (i) or (l) of section 408 to file” for “section 408(i) to file”, and “such…

              § 6862 Jeopardy assessment of taxes other than income, estate, gift, and certain excise taxes

              • (a) Pub. L. 96–222 substituted “the taxes imposed by chapters 41, 42, 43, and 44” for “certain excise taxes”.

              § 7422 Civil actions for refund

              • (g) Pub. L. 96–222 substituted in pars. (1) to (3) “4944, 4945, 4951, 4952” for “4944, 4945” and in par. (1) “section…

              § 7454 Burden of proof in fraud, foundation man­ager, and transferee cases

              • (b) Pub. L. 96–222 substituted “section 501(c)(21)” for “section 502(c)(21)”.

              § 7456 Administration of oaths and procurement of testimony

              • (c) Pub. L. 96–222 substituted “sections 7428, 7463” for “sections 7428”.

              § 7463 Disputes involving $50,000 or less

              • § 7463 Pub. L. 96–222 struck out subsec. (g) which authorized the chief judge of the Tax Court to assign proceedings conducted…