Sec. 401. Clerical corrections and deadwood-related provisions

9,253 words·~42 min read·/bill/114/hr/6439/ih/section-401

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The table of subchapters for chapter 1 is amended by moving the item relating to subchapter R before the item relating to subchapter S. Sections 22(c)(3)(A)(i)(III), 104(b)(2)(D), 140(a)(3), and 149(b)(3)(A)(i) are each amended by striking Veterans’ Administration and inserting Department of Veterans Affairs . The heading of section 4980H(c)(2)(F) is amended by striking and inserting Veterans Administration . Department of Veterans Affairs Section 6050H(h)(3)(B)(i) is amended by striking Veterans Administration and inserting Department of Veterans Affairs . Section 24(d) is amended by redesignating paragraph

(5)as paragraph (3). Section 25C(b)(2) is amended by striking subsection (c)(2)(B) and inserting subsection (c)(3)(B) . Section 25C(d)(3) is amended— by striking the period at the end of subparagraph

(B)and inserting a comma, and by striking the period at the end of subparagraph

(D)and inserting , and . Section 25C(g)(2) is amended by striking 2016.. and inserting 2016. . The table of sections for subpart D of part IV of subchapter A of chapter 1 is amended— by striking the item relating to section 41 which relates to the employee stock ownership credit, and by moving the item relating to section 45K after the item relating to section 45J. Section 38(b)(34) is amended by adding a comma at the end. The heading of section 40(g)(2) is amended by striking and inserting Aggregration . Aggregation The heading of section 42(e)(2)(B) is amended by striking and inserting etc, . etc., Section 42(d)(4)(C)(i) is amended by striking as defined in paragraph (5)(C) and inserting as defined in paragraph (5)(B)(ii) . Section 42(f)(5)(B)(ii)(I) is amended by striking (d)(6)(C) and inserting (d)(6)(B) . Section 42(k)(2)(B) is amended— by striking (d)(6)(B) and inserting (d)(6)(C) , and by striking building.. in clause

(ii)and inserting building. . Section 42(m)(1)(B)(ii)(III) is amended by striking as defined in subsection (d)(5)(C) and inserting as defined in subsection (d)(5)(B)(ii) . Section 42(h)(5)(C)(ii) is amended by striking ; and and inserting , and . Section 42(i)(3)(D)(ii)(I) is amended by striking the period at the end. Section 45(c)(6) is amended by striking section 2(27) and inserting section 1004(27) . Section 45(c)(7)(A)(i)(II) is amended by striking for purpose and inserting for the purpose . Section 45(c)(7)(A)(i)(III) is amended by striking the period at the end and inserting , or . Section 45C(b)(2)(A)(ii)(II) is amended by striking ; and and inserting , and . Section 45D(f)(1)(F) is amended by adding , and at the end. Section 45H(d) is amended by striking purposes this and inserting purposes of this . Section 48(a)(1) is amended by striking (3)(B), and (4)(B) and inserting and (3)(B) . Section 48(a)(6)(B) is amended by striking property energy property and inserting energy property . Section 48(c)(2)(B) is amended by striking equal $200 and inserting equal to $200 . Section 48(d)(3) is amended— by striking shall in the matter that precedes subparagraph (A), and by inserting shall before not in subparagraph (A). Section 49(a)(1)(D)(iii) is amended by striking share-holder in the last sentence and inserting shareholder . Section 50(b)(2)(A) is amended by striking the period at the end and inserting a semicolon. Section 51(c)(4) is amended by adding a period at the end. Section 51(d)(3)(A)(ii)(II) is amended by adding a comma at the end. Section 51(d)(8) is amended by striking in the heading thereof and inserting food stamp recipient . supplemental nutrition assistance program benefits recipient Section 51(i)(1)(A) is amended by striking entity, and inserting entity . The item relating to section 54C in the table of sections for subpart I of part IV of subchapter A of chapter 1 is amended to read as follows: Sec. 54C. New clean renewable energy bonds. . Section 58(a)(2)(A) is amended by striking 461(j) and inserting 461(k) . Section 62(a)(20) is amended by inserting a comma after United States Code . Section 62(e)(1) is amended by striking ( and inserting 2 U.S.C. 1202 ) ( . 42 U.S.C. 2000e–16b ) Section 68(b)(2) is amended by striking shall be shall be and inserting shall be . The heading of section 82 is amended by striking and inserting for expenses of moving . of moving expenses The heading of section 84 is amended by striking and inserting political organization . political organizations Section 105(h)(7)(B) is amended by striking subparagraph

(A)and inserting subparagraph (A)) . Section 125(e)(2) is amended by striking subparagraphs and inserting subparagraph . Section 132(c)(4) is amended by striking peforming and inserting performing . Section 134(b)(6) is amended by striking an combat and inserting a combat . Section 139(c)(2) is amended by striking federally and inserting a federally . Section 139E(c)(1) is amended by striking ( and inserting 43 U.S.C. 1601 , et seq.) ( . 43 U.S.C. 1601 et seq. ) Section 139E(c)(3) is amended by striking 2013 and inserting 2014 . The item relating to section 143 in the table of sections for subpart A of part IV of subchapter B of chapter 1 is amended to read as follows: Sec. 143. Mortgage revenue bonds; qualified mortgage bond and qualified veterans’ mortgage bond. . Section 141(e)(2) is amended by striking , and and inserting a period. Section 142(d)(2)(C) is amended by inserting section before 42(i)(3)(D) . Section 148(f)(4)(C)(xiv) is amended by striking subpargraph and inserting subparagraph . Section 163(e)(5)(C)(ii) is amended by inserting in before subsection (i)(1)(B) . Section 168(d)(3)(B)(i) is amended by inserting a comma after real property . Section 168(e)(3)(C)(i) is amended by striking and . Section 169(d)(5)(B) is amended by inserting a before facility . Section 170(b)(1)(A)(ix) is amended by inserting National before Agricultural . Section 172(d)(5) is amended by striking section 243 and inserting sections 243 . Section 179D(d)(1)(B) is amended by striking which and inserting such that . Section 199 is amended by striking so much of subsection

(a)as precedes There shall be allowed and inserting

(a). Allowance of deduction. — Section 219(f)(1) is amended by striking term compensation includes in the last sentence and inserting term . compensation includes Section 219(g)(8) is amended by striking shall each be and inserting shall be . Section 223(d)(2)(A) is amended by striking section 213(d) and inserting section 213(d)) . The item relating to section 280H in the table of sections for part IX of subchapter B of chapter 1 is amended to read as follows: Sec. 280H. Limitation on certain amounts paid to employee-owners by personal service corporations electing alternative taxable years. . Subparagraphs

(F)and

(G)of section 263(a)(1) are each amended by striking the semicolon at the end and inserting a comma. Section 263(a)(1) is amended by redesignating subparagraphs

(I)through

(L)as subparagraphs

(H)through (K), respectively. Section 280C(a) is amended by striking and 1396(a), and inserting 1396(a), . Section 280F(d)(4)(A)(iv) is amended by striking at the end and inserting and and . The heading of section 331 is amended by striking and inserting shareholders . shareholder Section 338(h)(3)(A)(iii) is amended by striking paragaraph and inserting paragraph . The second sentence of section 355(h)(2)(B) is amended by striking of assets . The heading of subpart C of part III of subchapter C of chapter 1 is amended by striking and inserting corporation . corporations Section 362(a) is amended by striking the comma after acquired . Section 368(a)(2)(F)(vii) is amended by striking ( and inserting 15 U.S.C. 80a-2(36) ) ( . 15 U.S.C. 80a–2(a)(36) ) Section 401(a)(2) is amended by striking determination).; and inserting determination)); . Section 401(a)(15) is amended by striking a trust and inserting A trust . Section 401(a)(32)(A) is amended by striking section section both places it appears and inserting section . Section 401(c)(2)(A)(iii) is amended by striking sections 3121(d)(3)(A), (C), or (D), without regard to paragraph

(2)of section 1402(c) and inserting subparagraph (A), (C), or

(D)of section 3121(d)(3), without regard to section 1402(c)(2) . Section 402(i) is amended by striking subparagraph

(A)of subsection (d)(4) and inserting subsection (e)(4)(D)(i) . Section 404A(c)(4)(B) is amended by striking and at the end. Section 408(a)(1) is amended by inserting or after subsection (d)(3) . Section 408(m)(3)(B) is amended by striking section 7 and inserting section 5 . Section 408A(d)(3)(B) is amended by adding a period at the end. Section 408A(e)(2)(B) is amended by striking the subparagraph

(A)and inserting subparagraph

(A). Section 409(n)(1)(A)(i) is amended by striking securities,,, and inserting securities, . Section 409A(b)(3)(B)(i) is amended by striking the semicolon at the end and inserting a comma. The item relating to section 413 in the table of sections for subpart B of part I of subchapter D of chapter 1 is amended to read as follows: Sec. 413. Collectively bargained plans, etc. . Section 411(a)(4)(A) is amended by striking the comma at the end and inserting a semicolon. Section 411(b)(5)(B)(iv) is amended by striking similar amount and inserting similar account . Section 412(c)(1)(A) is amended by adding a period at the end. Section 412(c)(4)(B) is amended by inserting section before 433(d) . Section 412(c)(7)(B)(iii) is amended by striking the comma after subchapter D . Section 414(l)(2)(G) is amended by striking in the heading thereof and inserting banks . depository institutions Section 414(u)(6) is amended by striking section 403(b) and inserting section 403(b)) . Section 414(x)(1) is amended by striking are and inserting is . Section 414(y)(1)(C)(i) is amended by striking of such Code . Section 414(y)(2) is amended by striking subparagraph and inserting subparagraphs . Section 418E is amended by striking subsection 432(b)(2) each place it appears and inserting section 432(b)(2) . Section 418E(d)(1), as amended by the preceding paragraph, is amended— by striking section 432(b)(2),, and inserting section 432(b)(2), , and by striking section 432(b)(2),) and inserting section 432(b)(2)) . Section 418E(e)(1)(A) is amended to read as follows: notify the Secretary and the parties described in section 101(f)(1) of the Employee Retirement Income Security Act of 1974 of that determination, and . Section 419A(c)(6)(B) is amended by striking ( and inserting 42 U.S.C. 300gg-91(d)(3) ) ( . 42 U.S.C. 300gg–91(d)(3) )) Section 420(c)(1)(A) is amended by striking subsection (e)(1)(D) and inserting subsection (e)(1)(E) . Section 424(g) is amended by striking section 422(a)(2) and inserting sections 422(a)(2) . Section 430(c)(7)(E)(v)(II) is amended by inserting the after title I of . Section 430(h)(2)(F) is amended by striking section 417(e)(3)(D)(i) and inserting section 417(e)(3)(D) . Section 431(d)(2)(B)(i) is amended by striking this Act and inserting the Pension Protection Act of 2006 . Section 432(b)(3)(A)(i) is amended by striking paragraph (5),, and inserting paragraph (5), . Section 432(b)(3)(B) is amended by redesignating the clause

(iv)relating to projections of critical and declining status as clause (v). Section 432(b)(3)(D)(iv) is amended by inserting a comma after Labor . Section 432(e)(8)(C)(iii) is amended by striking the Secretary shall and inserting The Secretary shall . Section 432(g)(1) is amended by striking subsection (e)(9)) and inserting subsection (e)(9) . Section 433(c)(5)(C)(ii)(II) is amended by inserting of such Act after title IV . The item relating to section 436 in the table of sections for subpart B of part III of subchapter D of chapter 1 is amended to read as follows: Sec. 436. Funding-based limits on benefits and benefit accruals under single-employer plans. . Section 447(h)(2)(A) is amended by striking employes and inserting employees . Section 447(i)(5)(B) is amended by redesignating clause

(iv)as clause (iii). The heading of section 453B is amended by striking and inserting loss disposition . loss on disposition Section 457(f)(4)(C)(i) is amended— by striking section 9101 and inserting section 8101 , and by striking 7801), and inserting 7801)), . Section 457A(d)(4) is amended— by striking case a foreign and inserting case of a foreign , and by striking had been and inserting been . Section 458(b)(9) is amended by striking in the heading thereof and inserting Repurchased . Repurchase Section 458(c)(1) is amended by striking regulations prescribed and inserting regulations prescribe . Section 460(b)(2)(A) is amended by inserting a comma after first . Section 461 is amended by redesignating the second subsection

(j)(relating to farming syndicate defined) as subsection (k). Section 461(i)(4) is amended by striking subsection

(j)and inserting subsection

(k). The heading of section 464 is amended by inserting after expenses . farming Section 464(d)(2)(B)(iii) is amended by striking subsection (c)(2)(E) and inserting section 461(k)(2)(E) . Section 470(d)(2)(B) is amended by striking clause

(ii)and inserting subparagraph (A)(ii) . The item relating to part VIII in the table of parts for subchapter F of chapter 1 is amended to read as follows: Part VIII. Certain savings entities . Section 501(c)(14)(B)(iv) is amended by adding a period at the end. Section 501(c)(19)(B) is amended by striking widows,, and inserting widows, . Section 501(f)(3)(B) is amended by striking section 115(a) and inserting section 115 . The item relating to section 511 in the table of sections for part III of subchapter F of chapter 1 is amended to read as follows: Sec. 511. Imposition of tax on unrelated business income of charitable, etc., organizations. . Section 512(b)(19)(H)(iii) is amended by striking clause (i)(II) and inserting clause

(i). Section 529(c)(6) is amended by striking an Coverdell and inserting a Coverdell . Section 529(e)(3)(A) is amended— by striking the semicolon at the end of clause

(i)and inserting a comma, and by adding , and at the end of clause (ii). Section 529A(d)(4) is amended by striking Achieving a Better Life Experience Act of 2014 and inserting Stephen Beck, Jr., ABLE Act of 2014 . Section 529A(e)(4) is amended by striking subparagraph section and inserting section . Section 530(d)(9)(B) is amended by striking by the and inserting by . Section 542(c)(5) is amended by striking the comma at the end and inserting a semicolon. Section 542(c)(7) is amended by striking A small and inserting a small . Section 543(a)(2)(B)(ii) is amended by striking section 563(d) and inserting section 563(c) . Section 543(d)(5)(A)(ii) is amended by striking section 563(d) and inserting section 563(c) . Section 613A(c)(7)(B) is amended by striking taxpayers and inserting taxpayer’s . Section 642(c)(1) is amended by striking other then and inserting other than . The item relating to section 661 in the table of sections for subpart C of part I of subchapter J of chapter 1 is amended to read as follows: Sec. 661. Deduction for estates and trusts accumulating income or distributing corpus. . Section 706(b)(5) is amended by striking section 584(h) and inserting section 584(i) . Section 751(c) is amended by striking and, sections both places it appears and inserting and sections . Section 807(e)(7)(A)(i) is amended by striking subparagraph

(C)and inserting subparagraph

(B). Section 810(c)(2)(B) is amended by striking corporations), and inserting corporations) . Section 810(d)(1) is amended by striking paragraphs

(2)and

(3)of section 804) or and inserting paragraph

(2)of section 804) for . Section 810(f) is amended by striking section 805(b)(5) and inserting section 805(b)(4) . Section 831(c) is amended by striking section 816(a)). and inserting section 816(a). . Section 832(b)(7)(E)(ii)(II) is amended by striking the comma at the end and inserting a period. Section 852(a)(1)(B) is amended by striking 265, and inserting 265 and . Section 852(b)(2)(D) is amended by striking the deduction and inserting The deduction . Subparagraphs

(A)and

(B)of section 856(c)(7) are each amended by striking paragraph (4)(B)(iii) and inserting paragraph (4)(B)(iv) . Paragraphs (1), (3), (4), and

(5)of section 856(m) are each amended by striking subsection (c)(4)(B)(iii) and inserting subsection (c)(4)(B)(iv) . Section 857(b)(6)(J) is amended by striking section 856(c)(8) and inserting section 856(c)(10) . Section 860(f)(2)(A)(ii) is amended by striking decreased and inserting decrease . Section 860(i) is amended by striking willfull and inserting willful . Section 860G(a)(3)(A)(iii)(III) is amended by striking the period at the end and inserting a comma. Section 864(d)(8) is amended by striking section 956(b)(3) and inserting section 956(c)(3) . Section 877(d)(4)(B)(i) is amended by striking in 957 and inserting in section 957 . Section 877A(g)(6) is amended by striking 220(e)(4) and inserting 220(f)(4) . Section 897(a)(1)(A) is amended by striking section 871(B)(1) and inserting section 871(b)(1) . The heading of section 897(k)(2) is amended by striking and inserting usrpi . united states real property interest Section 904(d)(2)(B)(ii) is amended by striking subparagraph (E)(iii) or paragraph (3)(I) and inserting subparagraph (E)(ii) or paragraph (3)(H) . Section 907(c)(3)(C) is amended by striking the period after partnerships and inserting a comma. Section 907(f)(1) is amended by striking year, and inserting years, . Section 911(d)(8)(B)(i) is amended by striking (50 U.S.C. App. 1 et seq.) and inserting ( . 50 U.S.C. 4301 et seq. ) Section 912(1)(B) is amended by striking (50 U.S.C., sec. 403e) and inserting ( . 50 U.S.C. 3505 ) Section 936(h)(5)(C)(i)(III)(a) is amended by striking corporations and inserting corporation’s . Section 954(b)(5) is amended by striking income,, and inserting income, . Section 954(b)(6) is amended by striking the comma after paragraph

(2). Section 956(c)(2)(E) is amended by striking section 953(a)(1) and inserting section 953(e)(2) . Section 956(e) is amended by striking provisons and inserting provisions . Section 957(b) is amended by striking section 953(a)(1) and inserting section 953(e)(2) . Section 960(b)(3) is amended by striking Reconcilation and inserting Reconciliation . The heading of section 993 is amended by inserting after and special rules . Definitions Section 1016(a)(3)(D) is amended by inserting as in effect prior to its repeal by the Tax Reform Act of 1986 before (or the corresponding provisions of prior income tax laws) . Section 1033(h)(2) is amended by inserting is before located . Section 1035(a)(1) is amended by striking ; or and inserting a semicolon. Section 1059(d)(3) is amended by striking ; except that and all that follows and inserting and there shall not be taken into account any day which is more than 2 years after the date on which such share becomes ex-dividend. . Section 1092(a)(2)(B) is amended by striking with respect other in the last sentence and inserting with respect to other . Section 1092(c)(4)(E) is amended by striking (other than subparagraph

(B)thereof) . The item relating to section 1222 in the table of sections for part III of subchapter P of chapter 1 is amended to read as follows: Sec. 1222. Other terms relating to capital gains and losses. . The item relating to section 1252 in the table of sections for part IV of subchapter P of chapter 1 is amended to read as follows: Sec. 1252. Gain from disposition of farm land. . Section 1250(d)(3) is amended by striking paragraph

(9)and inserting paragraph

(6). Section 1255(b)(2) is amended by striking 170(e), and inserting 170(e) . Subparagraphs

(B)and

(C)of section 1256(e)(3) are each amended by striking section 464(e)(2) and inserting section 461(k)(4) . Section 1258(d)(5)(C) is amended by striking section 464(e)(2) and inserting section 461(k)(4) . Section 1257(c)(1) is amended— by striking section 1201(4) and inserting section 1201(a)(7) , and by striking 16 U.S.C. 3801(4) and inserting 16 U.S.C. 3801(7) . Section 1257(c)(2) is amended— by striking section 1201(6) and inserting section 1201(a)(10) , and by striking 16 U.S.C. 3801(6) and inserting 16 U.S.C. 3801(10) . Section 1274(b)(3)(B)(i) is amended by striking section 6662(d)(2)(C)(iii) and inserting section 6662(d)(2)(C)(ii) . Section 1276(a)(4) is amended by striking 871(a),, and inserting 871(a), . Section 1278(b)(1) is amended by striking 871(a),, and inserting 871(a), . Section 1286(f) is amended by striking and 305(e), and inserting and section 305(e), . Section 1291(e) is amended by striking subsections

(c)and

(d)(e), and inserting subsections (c), (d), and

(e). Section 1298(b)(5)(B) is amended by striking section 951(f) and inserting section 951(c) . Section 1298(d)(2)(A) is amended by striking section 1296(a)(2) and inserting section 1297(a)(2) . Section 1298(e)(2)(B)(ii) is amended by striking provisons and inserting provisions . Section 1355(f)(3) is amended by striking of which and inserting on which . Section 1358(b)(1) is amended by striking section 1352(a)(2) and inserting section 1352(2) . Section 1358(c)(2) is amended by striking an person’s and inserting a person’s . Sections 1361(f)(2), 1362(d)(3)(C)(v), and 4975(d)(16)(A) are each amended by striking 1813(w)(1)), and inserting 1813(w)(1))), . Section 1362(f) is amended by striking may be during and inserting may be, during . Section 1366(e) is amended by striking section 704(e)(3) and inserting section 704(e)(2) . Section 1368(f)(2) is amended by striking in included and inserting is included . Section 1391(g)(3)(E)(ii) is amended by striking Interior and inserting the Interior . Section 1394(b)(3)(B)(i)(II) is amended by striking subsection and inserting subsections . Section 1397C(d)(5)(B) is amended by striking subparagraphs

(A)or

(B)and inserting subparagraph

(A)or

(B). Section 1402(a)(1) is amended— by striking section 1233(2) and inserting section 1233(a)(2) , and by striking 16 U.S.C. 3833(2) and inserting 16 U.S.C. 3833(a)(2) . Section 1402(b) is amended by striking 3211,. and inserting 3211. . The heading of section 1446 is amended by striking in the heading and inserting Withholding tax . Withholding of tax Section 2031(c)(1) is amended by striking all that follows subparagraph

(A)and inserting the following: $500,000. . Section 2031(c)(2) is amended by striking paragraph (5)). and inserting paragraph (5))). . Section 2055(e)(3)(G) is amended by striking subparagraph

(J)and inserting subparagraph (J)) . Section 2106(a)(4) is amended by inserting section before 2058(a) . Section 2522(c)(1) is amended by striking to of for and inserting to or for . Section 2523(g)(1) is amended by striking noncharitable beneficiary and inserting beneficiary who is not a charitable beneficiary . Section 2523(g)(2) is amended by striking noncharitable and inserting charitable . Section 3101(a) is amended by adding a period at the end. Section 3111(e)(5)(B) is amended by inserting the before meaning . Section 3121(b)(5)(B)(i)(V) is amended by striking section 105(e)(2) and inserting section 104(e)(2) . Section 3121(b)(5)(H)(i) is amended by striking 1997 and inserting 1997, . Section 3304(a)(4)(G)(ii) is amended by striking section 6402(f)(4)(B) and inserting section 6402(f)(4)(C) . Section 3306(b)(5)(F) is amended by striking the semicolon at the end and inserting a comma. Section 3306(c)(19) is amended by striking Service and inserting service . Section 3306(u) is amended by striking 25 U.S.C. 450b(e) and inserting 25 U.S.C. 5304(e) . Section 3306(v) is amended by striking this part and inserting this section . Section 3309(d) is amended by striking 25 U.S.C. 450b(e) and inserting 25 U.S.C. 5304(e) . Paragraphs (1), (2), (3), (4)(B), (5), (6), (8)(A)(ii), (8)(B), (8)(D), (9), (10)(B), (11), (12)(A), (12)(B), (12)(C), (13), (14), and

(15)of section 3401(a) are each amended by striking ; or at the end and inserting a comma. Paragraphs (4)(A), (8)(A)(i), (8)(C), (10)(A), (12)(D), and

(22)of section 3401(a) are each amended by striking ; or at the end and inserting , or . Section 3401(a)(12)(E) is amended by striking , or at the end and inserting a comma. Paragraphs (16)(A), (16)(B), (17), (18), (19), (20), and

(21)of section 3401(a) are each amended by striking the semicolon at the end and inserting a comma. Section 3509(d)(1)(C) is amended by striking sections and inserting section . Section 4051(a)(3) is amended by striking Secretary. and inserting Secretary). . Section 4104(a)(1) is amended by striking section and inserting sections . Section 4221(a) is amended by striking section 4051, and inserting section 4051 . The item relating to part III in the table of parts for subchapter C of chapter 33 is amended by striking relating and inserting applicable . Section 4612(e)(2)(B)(ii)(I) is amended by striking tranferred and inserting transferred . Section 4958(f)(1)(D) is amended by striking the period at the end and inserting a comma. Section 4971(c)(3) is amended by striking applicable and and inserting applicable, and . Section 4971(f) is amended by striking applicable for and inserting applicable, for . Section 4971(g)(4)(C)(ii) is amended by striking section 432(i)(9) and inserting section 432(j)(9) . Section 4975(d)(3) is amended by striking an leveraged and inserting a leveraged . Section 4975(d)(17) is amended by striking Any and inserting any . Section 4975(d)(21) is amended by striking person person and inserting person . Section 4975(f)(8)(C)(iv)(II) is amended by inserting subsection before (d)(17)(A)(ii) . Section 4975(f)(8)(F)(i)(I) is amended by striking adviser, and inserting adviser . Section 4975(f)(8)(F)(i)(V) is amended by inserting of before the manner . Section 4980B(f)(1) is amended by striking section 2162 of the Public Health Service Act and inserting section 1928(h)(6) of the Social Security Act ( . 42 U.S.C. 1396s(h)(6) ) Section 4980B(f)(5)(C)(iii) is amended by striking section 2701(c)(2) and inserting section 2704(c)(2) . Section 4980I(b)(3)(C)(iv) is amended by striking the comma at the end and inserting a period. Section 4980I(b)(3)(C)(v) is amended by striking for for and inserting for . Section 5054(a)(3)(B) is amended by striking sections and inserting section . Section 5066(d) is amended by striking section 5001(a)(5) and inserting section 5001(a)(4) . The item relating to subpart C in the table of subparts for part II of subchapter A of chapter 51 is amended to read as follows: Subpart C. Recordkeeping and registration by dealers . The item relating to section 5178 in the table of sections for subchapter B of chapter 51 is amended to read as follows: Sec. 5178. Premises of distilled spirits plants. . Section 5182 is amended by striking section 5112 and inserting section 5121 . Section 5273(e)(2) is amended by striking section 5001(a)(6) and inserting section 5001(a)(5) . Section 5314(a)(2) is amended by striking section 5001(a)(10) and inserting section 5001(a)(9) . Section 5392(f) is amended by striking section 17(a)(5) and inserting section 117(a)(5) . Section 5512 is amended by striking section 5001(a)(7) and inserting section 5001(a)(6) . Section 5601(a)(15) is amended by striking Withdraws, and inserting withdraws, . The heading of section 5603 is amended by inserting a comma after . returns Section 5701(e) is amended by striking manufacturered and inserting manufactured . The item relating to section 5847 in the table of sections for part I of subchapter B of chapter 53 is amended to read as follows: Sec. 5847. Effect on other laws. . Section 5847 is amended by striking section 414 of the Mutual Security Act of 1954 and inserting section 38 of the Arms Export Control Act ( . 22 U.S.C. 2778 ) The item relating to section 5852 in the table of sections for part II of subchapter B of chapter 53 is amended to read as follows: Sec. 5852. General transfer and making tax exemption. . The item relating to section 5853 in the table of sections for part II of subchapter B of chapter 53 is amended to read as follows: Sec. 5853. Transfer and making tax exemption available to certain governmental entities. . Section 6012(a)(6) is amended by striking and at the end. Section 6012(a)(7) is amended by striking the period at the end and inserting ; and . Section 6012(a)(8) is amended by striking section 63(c)(2)(D). and inserting section 63(c)(2)(C); . Section 6033(b)(15) is amended by striking the period at the end and inserting , and . Section 6039(d)(2) is amended to read as follows: the term employee stock purchase plan , see section 423(b). . The table of sections for subpart B of part III of subchapter A of chapter 61 is amended by inserting after the item relating to section 6041 the following new item: Sec. 6041A. Returns regarding payments of remuneration for services and direct sales. . The item relating to section 6050I in the table of sections for subpart B of part III of subchapter A of chapter 61 is amended to read as follows: Sec. 6050I. Returns relating to cash received in trade or business, etc. . The item relating to section 6050W in the table of sections for subpart B of part III of subchapter A of chapter 61 is amended to read as follows: Sec. 6050W. Returns relating to payments made in settlement of payment card and third party network transactions. . Section 6050H(h)(3)(B)(i) is amended by striking Rural Housing Administration and inserting Rural Housing Service . Section 6058(e) is amended by striking paragraph

(1)and by redesignating paragraphs

(2)and

(3)as paragraphs

(1)and (2), respectively. Section 6059(b)(3)(B) is amended— by striking the requirements and inserting that the requirements , and by striking the period at the end and inserting a comma. Section 6091(b)(2)(B)(ii) is amended by striking and at the end. Section 6103(l)(7) is amended by striking in the heading thereof. of 1977 Section 6103(l)(10)(A) is amended by striking request made under subsection (f)(5) and inserting notice submitted under subsection (f)(5)(C) . Section 6103(l)(10) is amended by striking so much of subparagraph

(B)as precedes Any and inserting the following: . Section 6103(l)(16)(A) is amended by striking subsection 6103(b)(6) and inserting section 6103(b)(6) . Section 6103(p)(3)(A) is amended by striking subsections and inserting subsection . Section 6103(p)(3)(C)(ii) is amended by striking the comma at the end and inserting a period. Section 6103(p)(4) is amended by striking 7(a)(ii) in the flush matter before subparagraph

(A)and inserting (7)(A)(ii) . Section 6103(p)(4)(F)(ii) is amended— by striking subsections and inserting subsection , and by striking subsection (l)(21),,, and inserting subsection (l)(21), . Section 6103(p)(4) is amended by striking subsection (l)(21),, both places it appears in the flush matter at the end and inserting subsection (l)(21), . Section 6109(f) is amended by striking in the heading thereof. of 1977 Section 6213(g)(2)(O) is amended by adding a comma at the end. Section 6213(g)(2)(P) is amended— by striking section 24(h)(2) and inserting section 24(g)(2) , and by striking subsection (h)(1) and inserting subsection (g)(1) . Section 6302(e)(2)(A) is amended by striking sections and inserting section . Section 6311(d)(3)(D) is amended— by striking section 103(f) and inserting section 103(g) , and by striking 1602(f) and inserting 1602(g) . Section 6330(d)(2) is amended by striking , and at the end and inserting a period. Section 6334(a)(10)(A) is amended by striking V,, and inserting V, . Section 6342(a) is amended by striking subsection (c)(2) and inserting subsection (d)(2) . Section 6402(a) is amended by striking

(f)refund and inserting (f), refund . Section 6402(c) is amended by striking of of and inserting of . Section 6402(d)(2) is amended by striking section 402(a)(26) of the Social Security Act and inserting section 408(a)(3) of the Social Security Act ( . 42 U.S.C. 608(a)(3) ) Section 6404(g)(2)(E) is amended by striking section 6664(d)(2)(A) and inserting section 6664(d)(3)(A) . Section 6420(i)(4) is amended by striking State and and inserting State (and . Section 6421(c) is amended by striking

(5)and inserting (4),

(5). Section 6421(j)(3) is amended by striking State and and inserting State (and . Section 6422 is amended— by striking paragraph (7), by redesignating paragraphs

(8)through

(12)as paragraphs

(7)through (11), respectively, and by striking for credit in paragraph

(10)as so redesignated and inserting For credit . Section 6425(c)(1)(A) is amended by striking The sum and inserting the sum . Section 6426(b)(2)(A)(ii) is amended by striking cents.. and inserting cents. . Section 6501(m) is amended by striking any election and all that follows through (or any and inserting the following: any election under section 30B(h)(9), 30C(e)(4), 30D(e)(4), 35(g)(11), 40(f), 43, 45B, 45C(d)(4), 45H(g), or 51(j) (or any . Section 6503(a)(1) is amended by striking section 6230(a)). and inserting section 6230(a)) . Section 6612(c) is amended— by inserting sections before 2014(e) , and by striking and 6420 and inserting 6420 . The item relating to section 6651 in the table of sections for part I of subchapter A of chapter 68 is amended to read as follows: Sec. 6651. Failure to file tax return or to pay tax. . Each of the following sections are amended by inserting an amount equal to after increased by and by inserting for the calendar year after section 1(f)(3) : Section 6651(i). Section 6652(c)(7)(A). Section 6695(h)(1). Section 6698(e)(1). Section 6699(e)(1). Section 6721(f)(1). Section 6722(f)(1). Section 6654(a) is amended by striking chapter 1 the tax and inserting chapter 1, the tax . Section 6654(f)(3) is amended by striking taxes and inserting tax . Section 6662(d)(3) is amended by striking section 6664(d)(2) and inserting section 6664(d)(3) . Section 6662 is amended by moving subsection

(i)before subsection (j). The heading of section 6676(c) is amended by striking and inserting reasonable basis . reasonable cause The item relating to section 6684 in the table of sections for part I of subchapter B of chapter 68 is amended to read as follows: Sec. 6684. Assessable penalties with respect to liability for tax under chapter 42. . The item relating to section 6686 in the table of sections for part I of subchapter B of chapter 68 is amended to read as follows: Sec. 6686. Failure to file returns or supply information by DISC or former FSC. . Section 6679(a)(1) is amended by striking section 6046 and 6046A and inserting section 6046 or 6046A . Section 6695(h)(2) is amended by striking subparagraph

(A)and inserting paragraph

(1). Section 6695(h)(2)(B) is amended by striking clause

(i)and inserting subparagraph

(A). Section 6696(a) is amended by striking section 6694, and inserting sections 6694, . Section 6696(d)(1) is amended by striking section 6695, and inserting 6695, . Section 6698(b)(2) is amended by adding a period at the end. Section 6700(a) is amended by striking the $1,000 and inserting $1,000 . Section 6724(d)(1)(B)(xx) is amended by striking or at the end. Section 6724(d)(1)(B)(xxi) is amended by striking and at the end. Section 6724(d)(1) is amended by striking Such term also includes and inserting the following: Such term also includes . Section 6724(d)(2)(F) is amended by striking the period at the end and inserting a comma. Section 6724(d)(2)(M) is amended by striking (h)(2) relating and inserting (h)(2) (relating . Section 6724(d)(2)(DD) is amended by adding a comma at the end. Section 6863(a) is amended by striking 6852,, and inserting 6852, . Section 6901(a)(1)(B) is amended by striking Code in and inserting Code, in . Section 7275(b)(2) is amended by striking taxes, shall and inserting taxes, . Section 7421(b)(2) is amended by striking Code in and inserting Code, in . Subsections

(e)and

(i)of section 7422 and sections 3121(b)(5)(E), 6110(j)(1)(B), 7428(a), and 7430(c)(6) are each amended by striking United States Claims Court and inserting United States Court of Federal Claims . Subsections (a), (b), and (c)(1)(C)(iii) of section 7428 are each amended by striking Claims Court and inserting Court of Federal Claims . The heading of section 4961(c)(1) is amended by striking and inserting united states claims court . united states court of federal claims Section 6672(c)(2) is amended by striking Court of Claims and inserting Court of Federal Claims . The item relating to section 7448 in the table of sections for part I of subchapter C of chapter 76 is amended to read as follows: Sec. 7448. Annuities to surviving spouses and dependent children of judges and special trial judges. . Section 7448(j)(1)(A) is amended by striking Code,), and inserting Code), . Section 7448(m) is amended by striking Code, and inserting Code), . Section 7454(b) is amended by striking 4955),, and inserting 4955), . Section 7654(d)(1) is amended by striking 50 App. U.S.C. 501 et seq. and inserting 50 U.S.C. 3901 et seq. . Section 7701(a)(36)(B) is amended by striking an ‘tax and inserting a ‘tax . Section 7701(e)(5)(B) is amended by striking Reconcilation and inserting Reconciliation . Section 7801(a)(2)(B) is amended— by striking this Act and inserting the Homeland Security Act of 2002 , and by striking effective date of the Homeland Security Act of 2002 and inserting effective date of such Act . Section 7809(c)(1) is amended by striking Work and inserting work . Section 7851(a)(1)(A) is amended by striking , 4 . Section 7851(a)(1)(B) is amended by striking Chapters 3 and 5 and inserting Chapter 3 . Section 7871(c)(3)(D)(ii)(II) is amended by striking calender and inserting calendar . Section 9003(b)(2) is amended by striking section 9006(d) and inserting section 9006(c) . Section 9011(b)(1) is amended by striking contrue and inserting construe . Section 9502(d)(2) is amended by striking farms, and inserting farms), . Section 9503(c)(5) is amended by striking and before October 1, 2011, . Section 9508(c)(1) is amended by striking the Public and inserting Public . Section 9701(a)(4) is amended by striking section 9713A and inserting section 9712 . Section 9704(d)(2)(B) is amended by striking 1232)), and inserting 1232), . Section 9704(h) is amended by striking Secretary and inserting Commissioner . Section 9705(b)(1) is amended by striking 1232(h) and inserting 1232 . Section 9705(b)(2) is amended by striking Acts and inserting Act . Section 9711(c)(4)(B) is amended by striking paragraph (4)(C) and inserting paragraph (3)(C) . Section 9712(a)(4)(A) is amended by inserting section 402 of after subsections

(h)and

(i)of . Section 9812(a)(3)(B)(i) is amended by striking the comma at the end and inserting a period. Section 302 of division P of the Consolidated Appropriations Act, 2016 is amended— in subsection (a), by inserting of the Internal Revenue Code of 1986 after section 48(a)(5)(C) , and in subsection (b), by inserting of such Code after section 48(a) . Section 32103(a) of the Fixing America’s Surface Transportation Act is amended by striking section 52106 and inserting section 32102 . Section 25A(c)(1) is amended by striking ($5,000 in the case of taxable years beginning before January 1, 2003) . Section 26(b)(2) is amended by striking subparagraph (P). Section 32(l) is amended by striking , and any payment made to such individual (or such spouse) by an employer under section 3507, . Section 38(c)(5) is amended— by striking all that precedes subparagraph

(C)thereof and inserting the following: , by redesignating subparagraphs

(C)and

(D)as subparagraphs

(A)and (B), respectively, and by amending subparagraph

(B)(as so redesignated) to read as follows: For purposes of paragraph (4)(B)(ii), any credit determined under section 41 with respect to a partnership or S corporation shall not be treated as a specified credit by any partner or shareholder unless such partner or shareholder meets the gross receipts test under subparagraph

(A)for the taxable year in which such credit is treated as a current year business credit. . Section 38(c)(2)(A)(ii)(II) is amended by striking the eligible small business credits, . Section 38(c)(4)(A)(ii)(II) is amended by striking the eligible small business credits and . Section 38(c)(4)(B)(ii) is amended by striking (as defined in paragraph (5)(C), after application of rules similar to the rules of paragraph (5)(D)) and inserting (as defined in paragraph (5)(A) after application of the rules of paragraph (5)(B)) . Section 56(d)(1)(A)(ii)(I) is amended by inserting (as in effect before its repeal by the Tax Increase Prevention Act of 2014) after section 172(b)(1)(H) . Section 139(c)(2) is amended by striking section 165(h)(3)(C)(i) and inserting section 165(i)(5)(A) . Section 7508A(a) is amended by striking section 165(h)(3)(C)(i) and inserting section 165(i)(5)(A) . Section 140(a) is amended by striking paragraph

(2)and by redesignating paragraphs

(3)through

(6)as paragraphs

(2)through (5), respectively. Section 163(d)(4) is amended by striking subparagraph (E). Section 168 is amended by striking subsection (n). Section 172(b)(1)(D)(iv) is amended by striking subsection

(h)and inserting subsection

(g). Section 246A(b)(1) is amended by striking without regard to section 243(d)(4) . Section 409 is amended by striking subsection (m). Section 411(a)(3)(F)(i) is amended by striking under section 418D or . Section 413(b)(6) is amended by striking and the last sentence of section 4971(a) in the last sentence. Section 415(g) is amended by striking subsection (f)(3) and inserting subsection (f)(2) . Section 419(e)(3)(A) is amended by striking (17), or

(20)and inserting or

(17). Section 419A(g)(1) is amended by striking (17), or

(20)and inserting or

(17). Section 419A(g)(2) is amended by striking (17), or

(20)and inserting or

(17). Section 505 is amended— in the heading thereof, by striking and inserting paragraph (9), (17), or

(20), paragraph

(9)or

(17)in the heading of subsection (a), by striking and inserting paragraph

(9)or

(20)of section 501(c) , section 501(c)(9) in subsection (a)(1), by striking paragraph

(9)or

(20)of subsection

(c)of section 501 and inserting section 501(c)(9) , and in subsection (c)(1), by striking paragraph (9), (17), or

(20)and inserting paragraph

(9)or

(17). Subparagraphs (A), (C), and

(D)of section 512(a)(3) are each amended in the text thereof by striking (17), or

(20)and inserting or

(17). Subparagraphs (B)(ii) and

(E)of section 512(a)(3) are each amended in the text thereof by striking , (17), or

(20)and inserting or

(17). The heading of section 512(a)(3) is amended by striking and inserting (17), or

(20). or

(17)The heading of section 512(a)(3)(E) is amended by striking and inserting , (17), or

(20). or

(17)The item relating to section 505 in the table of sections for part I of subchapter F of chapter 1 is amended to read as follows: Sec. 505. Additional requirements for organizations described in paragraph

(9)or

(17)of section 501(c). . Section 501(p)(4) is amended by striking , 556(b)(2) . Section 530(b)(3) is amended— by striking (as defined in section 170(e)(6)(F)(i)) in subparagraph (A)(iii), and by adding at the end the following new subparagraph: The term computer technology or equipment means computer software (as defined by section 197(e)(3)(B)), computer or peripheral equipment (as defined by section 168(i)(2)(B)), and fiber optic cable related to computer use. . Section 593(b)(2)(D)(iv) is amended by striking (determined without regard to section 596) . Section 597(c)(1) is amended by striking or section 21A of the Federal Home Loan Bank Act . Section 664(g)(3)(E) is amended by striking limitations under sections 415(c) and

(e)and inserting limitation under section 415(c) . Section 810(b) is amended by striking paragraph (4). Section 856(m) is amended by striking paragraph (6). Section 871(a)(3) is amended by striking the last sentence thereof. Section 992(d) is amended by striking paragraph

(6)and by redesignating paragraph

(7)as paragraph (6). Section 1245(a)(3)(C) is amended by striking , 185 . Section 1252(a)(1) is amended by striking during a taxable year beginning . Section 1252(a)(1)(A) is amended— by striking sections and inserting section , and by striking and 182 and all that follows through for expenditures and inserting for expenditures . Section 1252(a)(2) is amended— by striking sections and inserting section , and by striking or 182 and all that follows and inserting a period. Section 3111 is amended by striking subsection (d). Section 3127(b)(3) is amended by striking or 222(b) . Section 3221 is amended by striking subsection

(c)and by redesignating subsection

(d)as subsection (c). Section 4481(d) is amended to read as follows: To the extent that the tax imposed by this section is paid with respect to any highway motor vehicle for any taxable period, no further tax shall be imposed by this section for such taxable period with respect to such vehicle. . Section 4971(d) is amended by striking the last sentence. Section 6050G(a)(2) is amended by striking (to the extent not previously taken into account under section 72(d)(1)) . Section 6215(b) is amended by striking paragraph

(5)and by redesignating paragraphs

(6)and

(7)as paragraphs

(5)and (6), respectively. Section 6601(b) is amended by striking paragraph

(2)and by redesignating paragraphs

(3)through

(5)as paragraphs

(2)through (4), respectively. Section 6654(d)(1)(C)(i) is amended by striking by substituting and all that follows and inserting by substituting . 110 percent for 100 percent . Section 6654(d)(1) is amended by striking subparagraph (D). Part II of subchapter C of chapter 75 is amended by striking section 7326 (and by striking the item relating to such section in the table of sections for such part). Section 7448(a)(5) is amended by striking , whether or not performing judicial duties under section 7443B . Section 7448(a)(6) is amended by striking , and compensation received under section 7443B . Section 7448(d) is amended by striking at 4 percent per annum to December 31, 1947, and 3 percent per annum thereafter and inserting at 3 percent per annum . Section 7701(a)(19)(A) is amended by striking either

(i)and all that follows through

(ii). Section 7701(a)(32)(A) is amended to read as follows: is subject by law to supervision and examination by State or Federal authority having supervision over such institutions, and . Section 1271 is amended— by striking subsection

(c)and by redesignating subsection

(d)as subsection (c), and by striking (and paragraph

(2)of subsection (c)) in subsection (a)(2)(B). Section 1272 is amended by striking subsection

(b)and by redesignating subsections

(c)and

(d)as subsections

(b)and (c), respectively. Section 163(e)(1) is amended by striking In the case of any debt instrument issued after July 1, 1982, the portion of the original issue discount with respect to such debt instrument which is and inserting The portion of the original issue discount with respect to any debt instrument which is . 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 1272(a) is amended— by striking in the heading, and on debt instruments issued after July 1, 1982, by striking issued after July 1, 1982 in paragraph (1). Section 1278(a)(4)(B) is amended by striking or (b)(4) . The amendments made by this paragraph shall apply to debt instruments issued on or after July 2, 1982. Section 1286 is amended by striking subsection (c). Subsections

(a)and

(b)of section 1286 are each amended by striking after July 1, 1982, . Section 1286(e)(5) is amended by striking the last sentence. The amendments made by this paragraph shall apply to bonds purchased on or after July 2, 1982. Section 1272(a)(2) is amended by striking subparagraph

(D)and by redesignating subparagraph

(E)as subparagraph (D). Section 163(e)(4) is amended to read as follows: This subsection shall not apply to any debt instrument described in section 1272(a)(2)(D) (relating to loans between natural persons). . The amendments made by this paragraph shall apply to obligations issued on or after March 2, 1984. Subpart D of part IV of subchapter A of chapter 1 is amended by striking section 45M (and by striking the item relating to such section in the table of sections for such subpart). Section 38(b), as amended by the preceding provisions of this Act, is amended by striking paragraph

(24)and by redesignating paragraphs

(25)through

(36)as paragraphs

(24)through (35), respectively. Subpart E of part IV of subchapter A of chapter 1 is amended by striking section 48D (and by striking the item relating to such section in the table of sections for such subpart). Section 49(a)(1)(C) is amended by adding and at the end of clause (iv), by striking , and at the end of clause

(v)and inserting a period, and by striking clause (vi). Section 50(a)(2)(E) is amended by striking 48C(b)(2), or 48D(b)(4) and inserting or 48C(b)(2) . Section 280C is amended by striking the subsection

(g)which relates to the qualifying therapeutic discovery project credit. In the case of the repeal of section 48D(e)(1) of the Internal Revenue Code of 1986, the amendments made by this paragraph shall not apply to expenditures made in taxable years beginning before January 1, 2011. Chapter 1 is amended by striking subchapter W (and by striking the item relating to such subchapter in the table of subchapters for such chapter). Section 23(c)(1) is amended by striking sections 25D and 1400C and inserting section 25D . Section 25(e)(1)(C) is amended by striking sections 23, 25D, and 1400C and inserting sections 23 and 25D . Section 45D(h) is amended by striking sections 1202, 1400B, and 1400F and inserting section 1202 . Section 1016(a) is amended by striking paragraph (27). Section 1202(a)(2)(B) is amended by inserting (as in effect before its repeal) after 1400B(b) . Section 1223(13) is amended by striking sections 1202(a)(2), 1202(c)(2)(A), 1400B(b), and 1400F(b) and inserting subsections (a)(2) and (c)(2)(A) of section 1202 . Section 1397B(b)(1) is amended by striking subparagraph (B). The amendments made by this paragraph shall not apply to— in the case of the repeal of section 1400A of the Internal Revenue Code of 1986, obligations described in section 1394 of such Code (as in effect before its repeal) which were issued before January 1, 2012, in the case of the repeal of section 1400B of such Code, DC Zone assets (as defined in such section, as in effect before its repeal) which were acquired by the taxpayer before January 1, 2012, and in the case of the repeal of section 1400C of such Code, principal residences acquired before January 1, 2012. Chapter 1 is amended by striking subchapter X (and by striking the item relating to such subchapter in the table of subchapters for such chapter). Section 469(i)(3) is amended by striking subparagraph

(C)and by redesignating subparagraphs (D), (E), and

(F)as subparagraphs (C), (D), and (E), respectively. Section 469(i)(3)(D), as so redesignated, is amended to read as follows: Paragraph

(1)shall be applied for any taxable year— first, to the passive activity loss, second, to the portion of the passive activity credit to which subparagraph

(B)and

(C)does not apply, third, to the portion of such credit to which subparagraph

(B)applies, and then, to the portion of such credit to which subparagraph

(C)applies. . Section 469(i)(6)(B) is amended— by striking in the heading and inserting , rehabilitation credit, or commercial revitalization deduction , or rehabilitation credit by adding or at the end of clause (i), by striking , or at the end of clause

(ii)and inserting a comma, and by striking clause (iii). Section 1397B(b)(1), as amended by the preceding provisions of this Act, is amended by adding at the end the following new subparagraph: Any reference in this paragraph to section 1400F shall be treated as reference to such section before its repeal. . The amendments made by this paragraph shall not apply to— in the case of the repeal of section 1400F of the Internal Revenue Code of 1986, qualified community assets (as defined in such section, as in effect before its repeal) which were acquired by the taxpayer before January 1, 2010, in the case of the repeal section 1400H of such Code, wages paid or incurred before January 1, 2010, in the case of the repeal of section 1400I of such Code, qualified revitalization buildings (as defined in such section, as in effect before its repeal) which were placed in service before January 1, 2010, and in the case of the repeal of section 1400J of such Code, property acquired before January 1, 2010. Chapter 1 is amended by striking subchapter Y (and by striking the item relating to such subchapter in the table of subchapters for such chapter). Section 38(b), as amended by the preceding provisions of this Act, is amended by striking paragraphs (26), (27), (28), and

(29)and by redesignating paragraphs

(30)through

(35)as paragraphs

(26)through (31), respectively. Section 38(c)(2)(A)(ii)(II), as amended by the preceding provisions of this Act, is amended by striking , the New York Liberty Zone business employee credit, . Section 38(c) is amended by striking paragraph (3). Section 54(c)(2) is amended by striking section 1400N(l), . Section 280C(a), as amended by the preceding provisions of this Act, is amended by striking 1396(a), 1400P(b), and 1400R and inserting and 1396(a) . Section 6033(b)(14) is amended by striking including the amount and use of qualified contributions to which section 1400S(a) applies, . Section 6049(d)(8)(A) is amended— by striking or 1400N(l)(6) , and by striking or 1400N(l)(2)(D), as the case may be . The amendments made by this paragraph shall not apply to— in the case of the repeal of section 1400L(a) of the Internal Revenue Code of 1986, qualified wages (as defined in such section, as in effect before its repeal) which were paid or incurred before January 1, 2004, in the case of the repeal of subsections

(b)and

(f)of section 1400L of such Code, qualified New York Liberty Zone property (as defined in section 1400L(b) of such Code, as in effect before its repeal) placed in service before January 1, 2010, in the case of the repeal of section 1400L(c) of such Code, qualified New York Liberty Zone leasehold improvement property (as defined in such section, as in effect before its repeal) placed in service before January 1, 2007, in the case of the repeal of section 1400L(d) of such Code, qualified New York Liberty bonds (as defined in such section, as in effect before its repeal) issued before January 1, 2014, in the case of the repeal of section 1400L(e) of such Code, advanced refundings before January 1, 2006, in the case of the repeal of section 1400L(g) of such Code, property which is compulsorily or involuntarily converted as a result of the terrorist attacks on September 11, 2001, in the case of the repeal of section 1400N(a) of such Code, obligations issued before January 1, 2012, in the case of the repeal of section 1400N(b) of such Code, advanced refundings before January 1, 2011, in the case of the repeal of section 1400N(d) of such Code, property placed in service before January 1, 2012, in the case of the repeal of section 1400N(e) of such Code, property placed in service before January 1, 2009, in the case of the repeal of subsections

(f)and

(g)of section 1400N of such Code, amounts paid or incurred before January 1, 2008, in the case of the repeal of section 1400N(h) of such Code, amounts paid or incurred before January 1, 2012, in the case of the repeal of section 1400N(k)(1)(B) of such Code, losses arising in taxable years beginning before January 1, 2008, in the case of the repeal of section 1400N(l) of such Code, bonds issued before January 1, 2007, in the case of the repeal of section 1400Q(a) of such Code, distributions before January 1, 2007, in the case of the repeal of section 1400Q(b) of such Code, contributions before March 1, 2006, in the case of the repeal of section 1400Q(c) of such Code, loans made before January 1, 2007, in the case of the repeal of section 1400R of such Code, wages paid or incurred before January 1, 2006, in the case of the repeal of section 1400S(a) of such Code, contributions paid before January 1, 2006, in the case of the repeal of section 1400T of such Code, financing provided before January 1, 2011, and in the case of the repeal of part III of subchapter Y of chapter 1 of such Code, obligations issued before January 1, 2011. Subchapter B of chapter 65 is amended by striking section 6432 (and by striking the item relating to such section in the table of sections for such subchapter). Part I of subchapter B of chapter 68 is amended by striking section 6720C (and by striking the item relating to such section in the table of sections for such part). Part III of subchapter B of chapter 1 is amended by striking section 139C (and by striking the item relating to such section in the table of sections for such part). If— any provision amended or repealed by the amendments made by subsection

(b)or

(d)applied to— any transaction occurring before the date of the enactment of this Act, any property acquired before such date of enactment, or any item of income, loss, deduction, or credit taken into account before such date of enactment, and the treatment of such transaction, property, or item under such provision would (without regard to the amendments or repeals made by such subsection) affect the liability for tax for periods ending after such date of enactment, nothing in the amendments or repeals made by this section shall be construed to affect the treatment of such transaction, property, or item for purposes of determining liability for tax for periods ending after such date of enactment.

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