# Pub. L. 96-605: changes to the Internal Revenue Code 1980-12-28, 94 Stat. 3525. Source: . ## Legislative history - Bill: [H.R. 7956](https://www.congress.gov/bill/96th-congress/house-bill/7956) ## § 48: Energy credit - § 48(a)(5): Pub. L. 96–605, § 109(a), included the International Maritime Satellite Organization or any successor organization within organizations not to be treated as international organizations. - § 48: Pub. L. 96–605, § 223(a), substituted “the date on which the securities are contributed to the plan” for “the due date for filing the return for the taxable year (determined with regard to extensions)”. ## § 66: Treatment of community income - Enacted 26 U.S.C. § 66. ## § 105: Amounts received under accident and health plans ## § 125: Cafeteria plans - § 125(d)(2): Pub. L. 96–605, § 226(a), inserted provision that the sentence excluding deferred compensation plans not apply in the case of a profit-sharing or stock bonus plan which includes a qualified cash or deferred arrangement, as defined in section 401(k)(2) to the extent of amounts which a covered employee may elect to have the employer pay as contributions to a trust under such plan on behalf of the employee. ## § 195: Start-up expenditures - Enacted 26 U.S.C. § 195. ## § 274: Disallowance of certain entertainment, etc., expenses - § 274(e): Pub. L. 96–605 and Pub. L. 96–598 made identical amendments by adding par. (10). ## § 401: Qualified pension, profit-sharing, and stock bonus plans - § 401(a)(4): Pub. L. 96–605, § 225(b)(1), substituted “section 410(b)(3)(A)” for “section 410(b)(2)(A)”. - § 401(a)(23): Pub. L. 96–605, § 221(a), added par. (23). - § 401(d): Pub. L. 96–605, § 225(b)(2), substituted in cl. (i) “section 410(b)(3)(A)” for “section 410(b)(2)(A)” and in cl. (ii) “section 410(b)(3)(C)” for “section 410(b)(2)(C)”. ## § 408: Individual retirement accounts - § 408(k)(2), § 408(k)(3)(B): Pub. L. 96–605, § 225(b)(3), (4), substituted “section 410(b)(3)” for “section 410(b)(2)”. ## § 409: Qualifications for tax credit employee stock ownership plans - § 409(l)(4): Pub. L. 96–605 substituted in heading “Application to controlled group of corporations” for “Controlled group of corporations defined” and in subpar. (B) heading “Where common parent owns at least” for “Common parent may own only” and added subpar. (C). ## § 410: Minimum participation standards - § 410(b)(2), § 410(b)(3): Pub. L. 96–605 added par. (2), redesignated former par. (2) as (3) and substituted “paragraphs (1) and (2)” for “paragraph (1)”. ## § 414: Definitions and special rules - § 414(m): Pub. L. 96–605 and Pub. L. 96–613 added an identical subsec. (m). ## § 415: Limitations on benefits and contribution under qualified plans - § 415(c)(6)(A): Pub. L. 96–605 inserted “, or purchased with cash contributed,” after “securities contributed”. ## § 501: Exemption from tax on corporations, certain trusts, etc. - § 501(c)(12): Pub. L. 96–605 designated existing provision as subpar. (A), struck out provision that, in the case of any mutual or cooperative telephone company, the 85 per cent or more income requirement be applied without taking into account any income received or accrued from a nonmember telephone company for the performance of communication services which involve members of such mutual or cooperative telephone company, and added subpars. (B) to (D). ## § 513: Unrelated trade or business - § 513(g): Pub. L. 96–605 added subsec. (g). ## § 514: Unrelated debt-financed income - § 514(c)(9): Pub. L. 96–605 added par. (9). ## § 528: Certain homeowners associations - § 528(b): Pub. L. 96–605 substituted provision that all income of a homeowners association be taxed at a rate of 30 per cent for provision that all income of a homeowners association be taxed a sum computed by multiplying the homeowners association taxable income by the highest rate of tax specified in section 11(b) of this title and struck out provision providing for alternative tax in case of capital gains. ## § 861: Income from sources within the United States - § 861(e): Pub. L. 96–605 substituted provision directing that income from certain leased aircraft, vessels, and spacecraft be treated as income from sources within the United States for provision permitting the taxpayer to elect to treat income from certain aircraft and vessels as income from sources within the United States and prescribing the manner of revocating such an election. ## § 871: Tax on nonresident alien individuals - § 871(f): Pub. L. 96–605 designated existing provision as par. (1), inserted heading “In general” and redesignated par. (1) as subpar. (A), cls. (A) and (B) of subpar. (A) as so redesignated as cls. (i) and (ii), and par. (2) as subpar. (B), and added par. (2). ## § 2055: Transfers for public, charitable, and religious uses - § 2055(e)(3): Pub. L. 96–605 substituted “December 31, 1978” for “December 31, 1977” and “December 31, 1981” for “December 31, 1978” in two places.