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Code · BILL · 113th Congress · H.R. 1 (Introduced in House) — To amend the Internal Revenue Code of 1986 to provide for comprehensive tax reform. · Sec. 8056

Sec. 8056. Certain rules with respect to debt instruments issued before July 2, 1982

95 words·~1 min read·/bill/113/hr/1/ih/section-8056

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Section 1272 is amended by striking subsection (b). Section 163(j)(2)(C)(ii) is amended by striking or (b)(4) . Section 1271(a)(2)(A)(ii) is amended by striking subsection (a)(7) or (b)(4) of section 1272 and inserting section 1272(a)(7) . Section 1271(b)(1) is amended to read as follows: This section shall not apply to any obligation issued by a natural person before June 9, 1997. . Section 1279(a)(4)(A)(ii), as amended by the preceding provisions of this Act, is amended by striking or (b)(4) . The amendments made by this section shall apply to debt instruments issued after July 1, 1982.
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