26 U.S.C. 168: Accelerated cost recovery system

2022

• Pub. L. 117–169 added cl. (viii). Law text · (e)

2020

• Pub. L. 116–260, §137(a)(1), substituted "January 1, 2022" for "January 1, 2021". (Consolidated Appropriations Act, 2021) Law text · (e)
• Pub. L. 116–260, §137(a)(2), substituted "December 31, 2021" for "December 31, 2020". (Consolidated Appropriations Act, 2021) Law text · (e)
• Pub. L. 116–136, §2307(a)(1)(A), added cl. (vii). (Coronavirus Aid, Relief, and Economic Security Act" or the "CARES Act) Law text · (e)
• Pub. L. 116–136, §2307(a)(1)(B), inserted "made by the taxpayer" after "any improvement". (Coronavirus Aid, Relief, and Economic Security Act" or the "CARES Act) Law text · (e)
• Pub. L. 116–136, §2307(a)(2), struck out table item relating to subpar. (D)(v) and inserted table item relating to subpar. (E)(vii). (Coronavirus Aid, Relief, and Economic Security Act" or the "CARES Act) Law text · (g)
• Pub. L. 116–260, §115(a), substituted "December 31, 2025" for "December 31, 2020". (Consolidated Appropriations Act, 2021) Law text · (i)
• Pub. L. 116–260, §138(a), substituted "December 31, 2021" for "December 31, 2020". (Consolidated Appropriations Act, 2021) Law text · (j)

2019

• Pub. L. 116–94, §114(a)(1), substituted "January 1, 2021" for "January 1, 2018". (Further Consolidated Appropriations Act, 2020) Law text · (e)
• Pub. L. 116–94, §114(a)(2), substituted "December 31, 2020" for "December 31, 2017". (Further Consolidated Appropriations Act, 2020) Law text · (e)
• Pub. L. 116–94, §115(a), substituted "December 31, 2020" for "December 31, 2017". (Further Consolidated Appropriations Act, 2020) Law text · (i)
• Pub. L. 116–94, §116(a), substituted "December 31, 2020" for "December 31, 2017". (Further Consolidated Appropriations Act, 2020) Law text · (j)
• Pub. L. 116–94, §130(a), substituted "January 1, 2021" for "January 1, 2018". (Further Consolidated Appropriations Act, 2020) Law text · (l)

2018

• Pub. L. 115–141, §401(a)(49), inserted comma after "real property". (Consolidated Appropriations Act, 2018) Law text · (d)
• Pub. L. 115–123, §40304(a)(1), substituted "January 1, 2018" for "January 1, 2017". (Bipartisan Budget Act of 2018) Law text · (e)
• Pub. L. 115–123, §40304(a)(2), substituted "December 31, 2017" for "December 31, 2016". (Bipartisan Budget Act of 2018) Law text · (e)
• Pub. L. 115–141, §302(a)(2), substituted "subclause (I) or (II) of clause (vi) by reason of being public utility property." for "clause (vi)(I) (or the corresponding provisions of prior law) by reason of being public utility property (within the meaning of section 48(a)(3))." in … (Consolidated Appropriations Act, 2018) Law text · (e)
• Pub. L. 115–141, §302(a)(1), substituted "has a power production capacity of not greater than 80 megawatts, or" for "is a qualifying small power production facility within the meaning of section 3(17)(C) of the Federal Power Act (16 U.S.C. 796(17)(C)), as in effect on Sep… (Consolidated Appropriations Act, 2018) Law text · (e)
• Pub. L. 115–141, §401(a)(50), struck out "and" at end. (Consolidated Appropriations Act, 2018) Law text · (e)
• Pub. L. 115–141, §401(d)(1)(D)(iv), struck out "(other than a corporation which has an election in effect under section 936)" after "domestic corporation". (Consolidated Appropriations Act, 2018) Law text · (g)
• Pub. L. 115–123, §40305(a), substituted "December 31, 2017" for "December 31, 2016". (Bipartisan Budget Act of 2018) Law text · (i)
• Pub. L. 115–141, §101(e)(1), substituted "qualified Indian reservation property" for "property to which paragraph (1) applies". (Consolidated Appropriations Act, 2018) Law text · (j)
• Pub. L. 115–141, §101(e)(2), substituted "paragraph (1)" for "this subsection". (Consolidated Appropriations Act, 2018) Law text · (j)
• Pub. L. 115–123, §40306(a), substituted "December 31, 2017" for "December 31, 2016". (Bipartisan Budget Act of 2018) Law text · (j)
• Pub. L. 115–141, §101(d)(1), inserted "binding" before "contract". (Consolidated Appropriations Act, 2018) Law text · (k)
• Pub. L. 115–141, §101(d)(2), inserted "crop or" after "more than one" and "a marketable crop or yield of" after "begins bearing". (Consolidated Appropriations Act, 2018) Law text · (k)
• Pub. L. 115–123, §40412(a), substituted "January 1, 2018" for "January 1, 2017". (Bipartisan Budget Act of 2018) Law text · (l)
• Pub. L. 115–141, §401(b)(13)(A), struck out subsec. (n) which related to special allowance for qualified disaster assistance property. (Consolidated Appropriations Act, 2018) Law text · (n)

2017

• Pub. L. 115–97, §13203(b), redesignated subpars. (C) and (D) as (B) and (C), respectively, and struck out former subpar. (B) which read as follows: "any property used in a farming business (within the meaning of section 263A(e)(4)),". Law text · (b)
• Pub. L. 115–97, §13204(a)(2), added subpar. (G) and struck out former subpars. (G) to (I) which read as follows: Law text · (b)
• Pub. L. 115–97, §13203(a), substituted "after December 31, 2017" for "after December 31, 2008, and which is placed in service before January 1, 2010". Law text · (e)
• Pub. L. 115–97, §13204(a)(1)(A), redesignated cls. (vi) to (viii) as (iv) to (vi), respectively, and struck out former cls. (iv), (v), and (ix) which read as follows: Law text · (e)
• Pub. L. 115–97, §13204(a)(1)(B), (4)(B)(i), added par. (6) and struck out former par. (6) which defined "qualified leasehold improvement property". Law text · (e)
• Pub. L. 115–97, §13204(a)(1)(B), struck out pars. (7) and (8) which defined "qualified restaurant property" and "qualified retail improvement property", respectively. Law text · (e), (8)
• Pub. L. 115–97, §13204(a)(3)(A)(i), added subpar. (F). Law text · (g)
• Pub. L. 115–97, §13205(a), added subpar. (G). Law text · (g)
• Pub. L. 115–97, §13204(a)(3)(C), added items (iii) to (v) in table and struck out former items (iii) and (iv) which related to nonresidential real and residential rental property and any railroad grading or tunnel bore or water utility property, respectively. Law text · (g), (h), (i), (j), (k), (l), (m), (n), (o), (p), (q), (r), (s), (t), (u), (v)
• Pub. L. 115–97, §13204(a)(3)(B), inserted table items relating to subpars. (D)(v) and (E)(iv) to (vi) and struck out table items relating to subpar. (E)(iv) to (ix). Law text · (g)
• Pub. L. 115–97, §13204(a)(3)(A)(ii), added par. (8). Law text · (g)
• Pub. L. 115–97, §13504(b)(1), struck out concluding provisions which read as follows: "Subparagraph (A) shall not apply in the case of a termination of a partnership under section 708(b)(1)(B)." Law text · (i)
• Pub. L. 115–97, §13201(b)(2)(B), struck out "acquired after December 31, 2007, and before January 1, 2020" after "property" in heading. Law text · (k)
• Pub. L. 115–97, §13201(a)(1)(A), substituted "the applicable percentage" for "50 percent". Law text · (k)
• Pub. L. 115–97, §13201(g)(1), added subcl. (IV). Subcl. (IV) was added to cl. (i) after former subcl. (IV) was struck out by Pub. L. 115–97, §13204(a)(4)(A), in view of directory language amending cl. (i) "as amended by section 13204". See below. Law text · (k)
• Pub. L. 115–97, §13204(a)(4)(A), struck out subcl. (IV) which read as follows: "which is qualified improvement property,". Law text · (k)
• Pub. L. 115–97, §13201(g)(1), added subcl. (V). Law text · (k)
• Pub. L. 115–97, §13201(c)(1), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows: "the original use of which commences with the taxpayer, and". Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020". Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(A)(ii)(I), substituted "January 1, 2028" for "January 1, 2021". Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020". Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(A)(ii)(II), substituted "pre-January 1, 2027" for "pre-January 1, 2020" in heading. Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020". Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020". Law text · (k)
• Pub. L. 115–97, §13201(c)(2), amended cl. (ii) generally. Prior to amendment, text read as follows: "For purposes of clause (iii) and subparagraph (A)(ii), if property is— Law text · (k)
• Pub. L. 115–97, §13201(c)(3), amended subcl. (I) generally. Prior to amendment subcl. (I) read as follows: "property is originally placed in service by the lessor of such property,". Law text · (k)
• Pub. L. 115–97, §13201(f), substituted "acquired by the taxpayer before September 28, 2017, and placed in service by the taxpayer after September 27, 2017" for "placed in service by the taxpayer after December 31, 2017" in introductory provisions. Law text · (k)
• Pub. L. 115–97, §13201(g)(2), added subpar. (H). Law text · (k)
• Pub. L. 115–97, §13204(a)(4)(B)(ii), struck out par. (3) which defined "qualified improvement property". Law text · (k)
• Pub. L. 115–97, §12001(b)(13), struck out par. (4) which related to election to accelerate AMT credits in lieu of bonus depreciation. Law text · (k)
• Pub. L. 115–97, §13201(b)(1)(B), substituted "January 1, 2027" for "January 1, 2020" in introductory provisions. Law text · (k)
• Pub. L. 115–97, §13201(a)(1)(B), substituted "the applicable percentage" for "50 percent". Law text · (k)
• Pub. L. 115–97, §13201(a)(3)(A), struck out subpar. (F). Text read as follows: "In the case of a specified plant which is planted after December 31, 2017 (or is grafted to a plant that has already been planted before such date), subparagraph (A)(i) shall be applied by substitutin… Law text · (k)
• Pub. L. 115–97, §13201(a)(2), amended par. (6) generally. Prior to amendment, text read as follows: "In the case of qualified property placed in service by the taxpayer after December 31, 2017, paragraph (1)(A) shall be applied by substituting for '50 percent'— Law text · (k)
• Pub. L. 115–97, §13201(a)(3)(B), added par. (8). Law text · (k)
• Pub. L. 115–97, §13201(d), added par. (9). Law text · (k)
• Pub. L. 115–97, §13201(e), added par. (10). Law text · (k)

2015

• Pub. L. 114–113, §165(a)(1), substituted "January 1, 2017" for "January 1, 2015". (Consolidated Appropriations Act, 2016) Law text · (e)
• Pub. L. 114–113, §165(a)(2), substituted "December 31, 2016" for "December 31, 2014". (Consolidated Appropriations Act, 2016) Law text · (e)
• Pub. L. 114–113, §123(a), struck out "placed in service before January 1, 2015" after "property". (Consolidated Appropriations Act, 2016) Law text · (e), (v)
• Pub. L. 114–113, §123(b), struck out "placed in service after December 31, 2008, and before January 1, 2015" after "property". (Consolidated Appropriations Act, 2016) Law text · (e)
• Pub. L. 114–113, §143(b)(6)(A), in introductory provisions, substituted "For purposes of this subsection—" for "The term 'qualified leasehold improvement property' has the meaning given such term in section 168(k)(3) except that the following special rules shall apply:"; added subpa… (Consolidated Appropriations Act, 2016) Law text · (e)
• Pub. L. 114–113, §143(b)(6)(B), substituted "qualified improvement property" for "qualified leasehold improvement property". (Consolidated Appropriations Act, 2016) Law text · (e)
• Pub. L. 114–113, §143(b)(6)(C), struck out subpar. (D). Text read as follows: "Property described in this paragraph which is not qualified leasehold improvement property shall not be considered qualified property for purposes of subsection (k)." (Consolidated Appropriations Act, 2016) Law text · (e)
• Pub. L. 114–113, §166(a), substituted "December 31, 2016" for "December 31, 2014". (Consolidated Appropriations Act, 2016) Law text · (i)
• Pub. L. 114–113, §167(b), added par. (8). Former par. (8) redesignated (9). (Consolidated Appropriations Act, 2016) Law text · (j)
• Pub. L. 114–113, §167(a), substituted "December 31, 2016" for "December 31, 2014". (Consolidated Appropriations Act, 2016) Law text · (j)
• Pub. L. 114–113, §167(b), redesignated par. (8) as (9). (Consolidated Appropriations Act, 2016) Law text · (j)
• Pub. L. 114–113, §143(b)(6)(J), substituted "and before January 1, 2020" for "and before January 1, 2016" in heading. (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(a)(4)(A), substituted "January 1, 2016" for "January 1, 2015" in heading. (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(1), amended par. (2) generally. Prior to amendment, par. (2) related to meaning of qualified property for purposes of subsec. (k). (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(a)(1)(B), substituted "January 1, 2016" for "January 1, 2015" wherever appearing. (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(a)(1)(A), substituted "January 1, 2017" for "January 1, 2016". (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(a)(4)(B), substituted "pre-January 1, 2016" for "pre-January 1, 2015" in heading. (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(2), amended par. (3) generally. Prior to amendment, par. (3) related to meaning of qualified leasehold improvement property for purposes of subsec. (k). (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(3), amended par. (4) generally. Prior to amendment, par. (4) related to election to accelerate the AMT and research credits in lieu of bonus depreciation. (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(a)(3)(A), substituted "January 1, 2016" for "January 1, 2015". (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(a)(3)(B), added subpar. (L). (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(4)(B), added par. (5). (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(4)(A), struck out par. (5). Text read as follows: "In the case of qualified property acquired by the taxpayer (under rules similar to the rules of clauses (ii) and (iii) of paragraph (2)(A)) after September 8, 2010, and before January 1, 2012, and which is placed in service… (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(5), added par. (6). (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §143(b)(6)(D), added par. (7). (Consolidated Appropriations Act, 2016) Law text · (k)
• Pub. L. 114–113, §189(a), substituted "January 1, 2017" for "January 1, 2015". (Consolidated Appropriations Act, 2016) Law text · (l)
• Pub. L. 114–113, §143(b)(6)(E)(i), substituted "subsection (k)" for "section 168(k)". (Consolidated Appropriations Act, 2016) Law text · (l)
• Pub. L. 114–113, §143(b)(6)(E)(ii), substituted "subsection (k)(2)(D)" for "section 168(k)(2)(D)(i)". (Consolidated Appropriations Act, 2016) Law text · (l)
• Pub. L. 114–113, §143(b)(6)(F), substituted "subsection (k)(2)(E) shall apply." for "subparagraph (E) of section 168(k)(2) shall apply, except that such subparagraph shall be applied— (Consolidated Appropriations Act, 2016) Law text · (l)
• Pub. L. 114–113, §143(b)(6)(G), substituted "subsection (k)(2)(G)" for "section 168(k)(2)(G)". (Consolidated Appropriations Act, 2016) Law text · (l)

2014

• Pub. L. 113–295, §210(g)(2)(A), substituted "paragraph (2)(D)" for "paragraph (2)(C)". Law text · (b)
• Pub. L. 113–295, §121(a)(1), substituted "January 1, 2015" for "January 1, 2014". Law text · (e)
• Pub. L. 113–295, §121(a)(2), substituted "December 31, 2014" for "December 31, 2013". Law text · (e)
• Pub. L. 113–295, §122(a), substituted "January 1, 2015" for "January 1, 2014". Law text · (e), (v), (ix)
• Pub. L. 113–295, §211(b), inserted "which is not qualified leasehold improvement property" after "Property described in this paragraph". Law text · (e), (8)
• Pub. L. 113–295, §123(a), substituted "December 31, 2014" for "December 31, 2013". Law text · (i)
• Pub. L. 113–295, §210(c), substituted "16 years" for "10 years". Law text · (i), (19)
• Pub. L. 113–295, §124(a), substituted "December 31, 2014" for "December 31, 2013". Law text · (j)
• Pub. L. 113–295, §125(d)(1), substituted "January 1, 2015" for "January 1, 2014" in heading. Law text · (k)
• Pub. L. 113–295, §125(a)(2), substituted "January 1, 2015" for "January 1, 2014" wherever appearing. Law text · (k)
• Pub. L. 113–295, §125(a)(1), substituted "January 1, 2016" for "January 1, 2015". Law text · (k)
• Pub. L. 113–295, §214(b), substituted "clause also applies" for "clauses also apply". Law text · (k)
• Pub. L. 113–295, §125(d)(2), substituted "pre-January 1, 2015" for "pre-January 1, 2014" in heading. Law text · (k)
• Pub. L. 113–295, §210(g)(2)(B), substituted "subsection (b)(2)(D)" for "subsection (b)(2)(C)" in concluding provisions. Law text · (k)
• Pub. L. 113–295, §125(c)(1), substituted "January 1, 2015" for "January 1, 2014". Law text · (k)
• Pub. L. 113–295, §212(b), substituted "adjusted net minimum tax" for "adjusted minimum tax". Law text · (k)
• Pub. L. 113–295, §202(e), substituted "its first taxable year ending after December 31, 2010" for "any taxable year ending after December 31, 2010" in introductory provisions. Law text · (k)
• Pub. L. 113–295, §125(c)(2), added subpar. (K). Law text · (k)
• Pub. L. 113–295, §157(a), substituted "January 1, 2015" for "January 1, 2014". Law text · (l)
• Pub. L. 113–295, §210(d), substituted "subsection (k) (determined without regard to paragraph (4) thereof)" for "section 168(k)". Law text · (m)
• Pub. L. 113–295, §125(d)(3), substituted "January 1, 2015" for "January 1, 2014". Law text · (n)

2013

• Pub. L. 112–240, §311(a), substituted "January 1, 2014" for "January 1, 2012". (American Taxpayer Relief Act of 2012) Law text · (e), (v), (ix)
• Pub. L. 112–240, §331(d), inserted "(respecting all elections made by the taxpayer under this section)" after "such property". (American Taxpayer Relief Act of 2012) Law text · (i)
• Pub. L. 112–240, §312(a), substituted "December 31, 2013" for "December 31, 2011". (American Taxpayer Relief Act of 2012) Law text · (i)
• Pub. L. 112–240, §313(a), substituted "December 31, 2013" for "December 31, 2011". (American Taxpayer Relief Act of 2012) Law text · (j)
• Pub. L. 112–240, §331(e)(1), substituted "January 1, 2014" for "January 1, 2013" in heading. (American Taxpayer Relief Act of 2012) Law text · (k)
• Pub. L. 112–240, §331(a)(2), substituted "January 1, 2014" for "January 1, 2013" wherever appearing. (American Taxpayer Relief Act of 2012) Law text · (k)
• Pub. L. 112–240, §331(a)(1), substituted "January 1, 2015" for "January 1, 2014". (American Taxpayer Relief Act of 2012) Law text · (k)
• Pub. L. 112–240, §331(e)(2), substituted "pre-January 1, 2014" for "pre-January 1, 2013" in heading. (American Taxpayer Relief Act of 2012) Law text · (k)
• Pub. L. 112–240, §331(c)(1), substituted "2014" for "2013". (American Taxpayer Relief Act of 2012) Law text · (k)
• Pub. L. 112–240, §331(c)(2), added subpar. (J). (American Taxpayer Relief Act of 2012) Law text · (k)
• Pub. L. 112–240, §410(b)(2)(C), substituted "second generation" for "cellulosic" in heading. (American Taxpayer Relief Act of 2012) Law text · (l)
• Pub. L. 112–240, §410(b)(2)(A), substituted "second generation biofuel" for "cellulosic biofuel" wherever appearing in text. (American Taxpayer Relief Act of 2012) Law text · (l)
• Pub. L. 112–240, §410(b)(2)(D), substituted "second generation" for "cellulosic" in heading. (American Taxpayer Relief Act of 2012) Law text · (l)
• Pub. L. 112–240, §410(b)(1), substituted "solely to produce second generation biofuel (as defined in section 40(b)(6)(E))" for "solely to produce cellulosic biofuel". (American Taxpayer Relief Act of 2012) Law text · (l)
• Pub. L. 112–240, §410(a)(1), substituted "January 1, 2014" for "January 1, 2013". (American Taxpayer Relief Act of 2012) Law text · (l)
• Pub. L. 112–240, §410(b)(2)(B), redesignated pars. (4) to (8) as (3) to (7), respectively, and struck out former par. (3). Text read as follows: "The term 'cellulosic biofuel' means any liquid fuel which is produced from any lignocellulosic or hemicellulosic matter that is av… (American Taxpayer Relief Act of 2012) Law text · (l)
• Pub. L. 112–240, §331(e)(3), substituted "January 1, 2014" for "January 1, 2013". (American Taxpayer Relief Act of 2012) Law text · (n)

2010

• Pub. L. 111–312, §737(a), substituted "January 1, 2012" for "January 1, 2010". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (e), (v), (ix)
• Pub. L. 111–312, §737(b)(1), struck out "if such building is placed in service after December 31, 2008, and before January 1, 2010," after "building,". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (e)
• Pub. L. 111–312, §737(b)(2), struck out subpar. (E). Text read as follows: "Such term shall not include any improvement placed in service after December 31, 2009." (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (e)
• Pub. L. 111–312, §738(a), substituted "December 31, 2011" for "December 31, 2009". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (i)
• Pub. L. 111–312, §739(a), substituted "December 31, 2011" for "December 31, 2009". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (j)
• Pub. L. 111–312, §401(d)(1), substituted "January 1, 2013" for "January 1, 2011" in heading. (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–240, §2022(b)(1), substituted "January 1, 2011" for "January 1, 2010" in heading. (Small Business Jobs Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(a)(2), substituted "January 1, 2013" for "January 1, 2011" in subcls. (I) and (II). (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–240, §2022(a)(2), substituted "January 1, 2011" for "January 1, 2010" in subcls. (I) and (II). (Small Business Jobs Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(a), substituted "January 1, 2013" for "January 1, 2011" and "January 1, 2014" for "January 1, 2012". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–240, §2022(a), substituted "January 1, 2011" for "January 1, 2010" and "January 1, 2012" for "January 1, 2011". (Small Business Jobs Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(a)(2), (d)(2), substituted "pre-January 1, 2013" for "pre-January 1, 2011" in heading and "January 1, 2013" for "January 1, 2011" in text. (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–240, §2022(a)(2), (b)(2), substituted "pre-January 1, 2011" for "pre-January 1, 2010" in heading and "January 1, 2011" for "January 1, 2010" in text. (Small Business Jobs Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(a)(2), substituted "January 1, 2013" for "January 1, 2011". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–240, §2022(a)(2), substituted "January 1, 2011" for "January 1, 2010". (Small Business Jobs Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(d)(3)(B), inserted "and" at the end. (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(d)(3)(C), substituted period for comma at the end. (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(c)(1), substituted "or production—" for "or production after March 31, 2008, and before January 1, 2010, shall be taken into account under subparagraph (B)(ii) thereof," and added subcls. (I) and (II) and concluding provisions. (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(d)(3)(A), struck out cls. (iv) and (v) which read as follows: (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k), (v)
• Pub. L. 111–240, §2022(b)(3), added cls. (iv) and (v). (Small Business Jobs Act of 2010) Law text · (k), (v)
• Pub. L. 111–312, §401(c)(2), added subpar. (I). (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(b), added par. (5). (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (k)
• Pub. L. 111–312, §401(d)(4)(A), inserted "and" at the end. (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (l)
• Pub. L. 111–312, §401(d)(4)(B), (C), redesignated subpar. (C) as (B) and struck out former subpar. (B) which read as follows: "by substituting 'January 1, 2013' for 'January 1, 2011' in clause (i) thereof, and". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (l)
• Pub. L. 111–240, §2022(b)(4), substituted "January 1, 2011" for "January 1, 2010". (Small Business Jobs Act of 2010) Law text · (l)
• Pub. L. 111–312, §401(d)(4)(C), redesignated subpar. (C) as (B). (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (l)
• Pub. L. 111–312, §401(d)(5), substituted "January 1, 2013" for "January 1, 2011". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (n)
• Pub. L. 111–240, §2022(b)(5), substituted "January 1, 2011" for "January 1, 2010". (Small Business Jobs Act of 2010) Law text · (n)

2009

• Pub. L. 111–5, §1201(a)(2)(A), substituted "January 1, 2010" for "January 1, 2009" in heading. (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(a)(1)(B), substituted "January 1, 2010" for "January 1, 2009". (American Recovery and Reinvestment Act of 2009) Law text · (k), (II)
• Pub. L. 111–5, §1201(a)(1), substituted "January 1, 2010," for "January 1, 2009," and "January 1, 2011." for "January 1, 2010." (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(a)(1)(B), (2)(B), substituted "pre-January 1, 2010" for "pre-January 1, 2009" in heading and "January 1, 2010" for "January 1, 2009" in text. (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(a)(1)(B), substituted "January 1, 2010" for "January 1, 2009". (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(a)(3)(A)(i), (iii), added cl. (ii). Former cl. (ii) redesignated (iii). (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(b)(1)(A), substituted "2010" for "2009". (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(a)(3)(A)(ii), redesignated cl. (ii) as (iii). (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(b)(1)(B), added subpar. (H). (American Recovery and Reinvestment Act of 2009) Law text · (k)
• Pub. L. 111–5, §1201(a)(2)(C), substituted "January 1, 2010" for "January 1, 2009". (American Recovery and Reinvestment Act of 2009) Law text · (l)
• Pub. L. 111–5, §1201(a)(2)(D), substituted "January 1, 2010" for "January 1, 2009". (American Recovery and Reinvestment Act of 2009) Law text · (n)

2008

• Pub. L. 110–343, §306(c), added subpar. (C) and redesignated former subpar. (C) as (D). (Emergency Economic Stabilization Act of 2008) Law text · (b), (D)
• Pub. L. 110–343, §305(c)(3), added subpar. (I). (Emergency Economic Stabilization Act of 2008) Law text · (b)
• Pub. L. 110–246, §15344(a), amended cl. (i) generally. Prior to amendment, cl. (i) read as follows: "any race horse which is more than 2 years old at the time it is placed in service,". (Food, Conservation, and Energy Act of 2008) Law text · (e)
• Pub. L. 110–343, §505(a), added cl. (vii). (Emergency Economic Stabilization Act of 2008) Law text · (e)
• Pub. L. 110–343, §306(a), added cls. (iii) and (iv). (Emergency Economic Stabilization Act of 2008) Law text · (e), (iv)
• Pub. L. 110–343, §305(a)(1), substituted "January 1, 2010" for "January 1, 2008". (Emergency Economic Stabilization Act of 2008) Law text · (e), (v)
• Pub. L. 110–343, §305(c)(1), added cl. (ix). (Emergency Economic Stabilization Act of 2008) Law text · (e)
• Pub. L. 110–343, §305(b)(1), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: "The term 'qualified restaurant property' means any section 1250 property which is an improvement to a building if— (Emergency Economic Stabilization Act of 2008) Law text · (e)
• Pub. L. 110–343, §305(c)(2), added par. (8). (Emergency Economic Stabilization Act of 2008) Law text · (e)
• Pub. L. 110–343, §505(b), inserted table item relating to subpar. (B)(vii). (Emergency Economic Stabilization Act of 2008) Law text · (g)
• Pub. L. 110–343, §305(c)(4), inserted table item relating to subpar. (E)(ix). (Emergency Economic Stabilization Act of 2008) Law text · (g)
• Pub. L. 110–343, §317(a), substituted "December 31, 2009" for "December 31, 2007". (Emergency Economic Stabilization Act of 2008) Law text · (i)
• Pub. L. 110–343, §306(b), added pars. (18) and (19). (Emergency Economic Stabilization Act of 2008) Law text · (i), (19)
• Pub. L. 110–343, §315(a), substituted "December 31, 2009" for "December 31, 2007". (Emergency Economic Stabilization Act of 2008) Law text · (j)
• Pub. L. 110–185, §103(c)(11), substituted "December 31, 2007" for "September 10, 2001" and "January 1, 2009" for "January 1, 2005" in heading. (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(a)(1), (3), substituted "December 31, 2007" for "September 10, 2001" and "January 1, 2009" for "January 1, 2005" wherever appearing in text. (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(b), substituted "50 percent" for "30 percent". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(a)(2), substituted "January 1, 2008" for "September 11, 2001". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(a)(4), substituted "January 1, 2010" for "January 1, 2006". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(1), substituted "(iii), and (iv)" for "and (iii)". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(2), which directed substitution of "clause (iii)" for "clauses (ii) and (iii)", was executed by substituting "clause (iii)" for "clause (ii) or (iii)" to reflect the probable intent of Congress. (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(12), substituted "pre-January 1, 2009" for "pre-January 1, 2005" in heading. (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(3), substituted ", (iii), and (iv)" for "and (iii)". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(5)(B), struck out last sentence which read as follows: "The preceding sentence shall be applied separately with respect to property treated as qualified property by paragraph (4) and other qualified property." (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(4), substituted "$8,000" for "$4,600". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–289 added par. (4). (Housing and Economic Recovery Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(c)(5)(A), struck out par. (4) which related to treatment of 50-percent bonus depreciation for certain property. (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–185, §103(a)(4), substituted "January 1, 2010" for "January 1, 2006". (Economic Stimulus Act of 2008) Law text · (k)
• Pub. L. 110–343, §201(b)(1), (2), substituted "cellulosic biofuel" for "cellulosic biomass ethanol" in heading and wherever appearing in text. (Emergency Economic Stabilization Act of 2008) Law text · (l)
• Pub. L. 110–343, §201(b)(3), substituted "cellulosic biofuel" for "cellulosic biomass ethanol" in heading. (Emergency Economic Stabilization Act of 2008) Law text · (l)
• Pub. L. 110–343, §201(a), amended heading and text of par. (3) generally. Prior to amendment, text read as follows: "For purposes of this subsection, the term 'cellulosic biomass ethanol' means ethanol produced by hydrolysis of any lignocellulosic or hemicellulosic matter that is av… (Emergency Economic Stabilization Act of 2008) Law text · (l)
• Pub. L. 110–185, §103(c)(6), added subpar. (A) and redesignated former subpars. (A) to (C) as (B) to (D), respectively. (Economic Stimulus Act of 2008) Law text · (l)
• Pub. L. 110–185, §103(c)(7)(A), substituted "December 31, 2007" for "September 10, 2001". (Economic Stimulus Act of 2008) Law text · (l)
• Pub. L. 110–185, §103(c)(7)(B), substituted "January 1, 2009" for "January 1, 2005". (Economic Stimulus Act of 2008) Law text · (l)
• Pub. L. 110–343, §308(a), added subsec. (m). (Emergency Economic Stabilization Act of 2008) Law text · (m)
• Pub. L. 110–343, §710(a), added subsec. (n). (Emergency Economic Stabilization Act of 2008) Law text · (n)

2007

• Pub. L. 110–172 struck out "enzymatic" before "hydrolysis". (Tax Technical Corrections Act of 2007) Law text · (l)

2006

• Pub. L. 109–432, §113(a), substituted "2008" for "2006". (Tax Relief and Health Care Act of 2006) Law text · (e), (v)
• Pub. L. 109–432, §112(a), substituted "2007" for "2005". (Tax Relief and Health Care Act of 2006) Law text · (j)
• Pub. L. 109–432, §209(a), added subsec. (l). (Tax Relief and Health Care Act of 2006) Law text · (l)

2005

• Pub. L. 109–135, §410(a), substituted "if 'solar or wind energy' were substituted for 'solar energy' in clause (i) thereof" for "if 'solar and wind' were substituted for 'solar' in clause (i) thereof". (Gulf Opportunity Zone Act of 2005) Law text · (e)
• Pub. L. 109–58, §1301(f)(5), amended subcl. (I) generally. Prior to amendment, subcl. (I) read as follows: "is described in subparagraph (A) of section 48(a)(3) (or would be so described if 'solar and wind' were substituted for 'solar' in clause (i) thereof),". (Energy Policy Act of 2005) Law text · (e)
• Pub. L. 109–58, §1326(a), added cl. (iv) and redesignated former cl. (iv) as (v). (Energy Policy Act of 2005) Law text · (e), (v)
• Pub. L. 109–58, §1308(a), added cl. (vii). (Energy Policy Act of 2005) Law text · (e)
• Pub. L. 109–58, §1325(a), added cl. (viii). (Energy Policy Act of 2005) Law text · (e)
• Pub. L. 109–58, §1326(c), inserted table item relating to subpar. (C)(iv). (Energy Policy Act of 2005) Law text · (g)
• Pub. L. 109–58, §1325(b), inserted table item relating to subpar. (E)(viii). (Energy Policy Act of 2005) Law text · (g)
• Pub. L. 109–58, §1308(b), inserted table item relating to subpar. (E)(vii). (Energy Policy Act of 2005) Law text · (g)
• Pub. L. 109–135, §412(s), substituted "Such term shall not include" for "This paragraph shall not apply to". (Gulf Opportunity Zone Act of 2005) Law text · (i)
• Pub. L. 109–58, §1326(b), added par. (17). (Energy Policy Act of 2005) Law text · (i)
• Pub. L. 109–135, §403(j)(1), substituted "subparagraph (B) or (C)" for "subparagraphs (B) and (C)". (Gulf Opportunity Zone Act of 2005) Law text · (k)
• Pub. L. 109–135, §405(a)(1), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows: "which is acquired by the taxpayer after May 5, 2003, and before January 1, 2005, but only if no written binding contract for the acquisition was in effect before May 6, 200… (Gulf Opportunity Zone Act of 2005) Law text · (k)
• Pub. L. 109–135, §403(j)(2), substituted "or paragraph (2)(C) (as so modified)" for "and paragraph (2)(C)". (Gulf Opportunity Zone Act of 2005) Law text · (k)

2004

• Pub. L. 108–357, §211(d)(2), inserted "not referred to in paragraph (3)" before comma at end. (American Jobs Creation Act of 2004) Law text · (b)
• Pub. L. 108–357, §211(d)(1), added subpars. (G) and (H). (American Jobs Creation Act of 2004) Law text · (b), (H)
• Pub. L. 108–357, §704(a), added cl. (ii). Former cl. (ii) redesignated (iii). (American Jobs Creation Act of 2004) Law text · (e)
• Pub. L. 108–357, §706(a), added cl. (iii). Former cl. (iii) redesignated (iv). (American Jobs Creation Act of 2004) Law text · (e)
• Pub. L. 108–357, §704(a), redesignated cl. (ii) as (iii). (American Jobs Creation Act of 2004) Law text · (e)
• Pub. L. 108–357, §706(a), redesignated cl. (iii) as (iv). (American Jobs Creation Act of 2004) Law text · (e)
• Pub. L. 108–357, §211(a), added cls. (iv) and (v). (American Jobs Creation Act of 2004) Law text · (e), (v)
• Pub. L. 108–357, §901(a), added cl. (vi). (American Jobs Creation Act of 2004) Law text · (e)
• Pub. L. 108–357, §901(b), added subpar. (F). (American Jobs Creation Act of 2004) Law text · (e)
• Pub. L. 108–357, §211(b), (c), added pars. (6) and (7). (American Jobs Creation Act of 2004) Law text · (e), (7)
• Pub. L. 108–357, §847(a), inserted "(notwithstanding any other subparagraph of this paragraph)" after "shall". (American Jobs Creation Act of 2004) Law text · (g)
• Pub. L. 108–357, §901(c), inserted table items relating to subpars. (E)(vi) and (F). (American Jobs Creation Act of 2004) Law text · (g)
• Pub. L. 108–357, §706(c), which directed amendment of table by inserting item relating to subpar. (C)(iii) after item relating to subpar. (C)(ii), was executed by making the insertion after item relating to subpar. (C)(i) to reflect the probable intent of Congress. (American Jobs Creation Act of 2004) Law text · (g)
• Pub. L. 108–357, §211(e), inserted table items relating to subpars. (E)(iv) and (E)(v). (American Jobs Creation Act of 2004) Law text · (g)
• Pub. L. 108–357, §847(e), added cl. (iv) and concluding provisions. (American Jobs Creation Act of 2004) Law text · (h)
• Pub. L. 108–357, §847(d), inserted at end "Notwithstanding subsection (i)(3)(A)(i), in determining a lease term for purposes of the preceding sentence, there shall not be taken into account any option of the lessee to renew at the fair market value rent determined at the time of … (American Jobs Creation Act of 2004) Law text · (h)
• Pub. L. 108–357, §847(c), added cl. (ii) and redesignated former cl. (ii) as (iii). (American Jobs Creation Act of 2004) Law text · (i), (iii)
• Pub. L. 108–357, §704(b), added par. (15). (American Jobs Creation Act of 2004) Law text · (i)
• Pub. L. 108–357, §706(b), added par. (16). (American Jobs Creation Act of 2004) Law text · (i)
• Pub. L. 108–311, §316, substituted "2005" for "2004". (Working Families Tax Relief Act of 2004) Law text · (j)
• Pub. L. 108–357, §336(a)(2), substituted "subparagraphs (B) and (C)" for "subparagraph (B)". (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–311, §403(a)(1), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: "The term 'qualified property' includes property— (Working Families Tax Relief Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(b)(1), added cl. (iv). (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(a)(1), added subpar. (C). Former subpar. (C) redesignated (D). (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(a)(1), redesignated subpar. (C) as (D). Former subpar. (D) redesignated (E). (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–311, §408(a)(6)(A), inserted "is" after "if property" in introductory provisions. (Working Families Tax Relief Act of 2004) Law text · (k)
• Pub. L. 108–311, §403(a)(2)(B), inserted "clause (iii) and" before "subparagraph (A)(ii)" in introductory provisions. (Working Families Tax Relief Act of 2004) Law text · (k)
• Pub. L. 108–311, §408(a)(6)(B), struck out "is" before "originally". (Working Families Tax Relief Act of 2004) Law text · (k)
• Pub. L. 108–311, §403(a)(2)(A), added cls. (iii) and (iv). (Working Families Tax Relief Act of 2004) Law text · (k), (iv)
• Pub. L. 108–357, §336(a)(1), redesignated subpar. (D) as (E). Former subpar. (E) redesignated (F). (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §337(a), which directed amendment of subcl. (II) by inserting before comma at end "(or, in the case of multiple units of property subject to the same lease, within 3 months after the date the final unit is placed in service, so long as the period between… (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(a)(1), redesignated subpar. (E) as (F). Former subpar. (F) redesignated (G). (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–311, §408(a)(8), substituted "minimum" for "miniumum" in heading. (Working Families Tax Relief Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(a)(1), redesignated subpar. (F) as (G). (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(b)(2), substituted "paragraph (2)(D)" for "paragraph (2)(C)". (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(b)(3), inserted "and paragraph (2)(C)" after "of this paragraph)". (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(b)(4), substituted "subparagraphs (B), (C), and (E)" for "subparagraphs (B) and (D)". (American Jobs Creation Act of 2004) Law text · (k)
• Pub. L. 108–357, §336(b)(5), substituted "Paragraph (2)(F)" for "Paragraph (2)(E)". (American Jobs Creation Act of 2004) Law text · (k)

2003

• Pub. L. 108–27, §201(c)(1), substituted "January 1, 2005" for "September 11, 2004" in heading. (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (k)
• Pub. L. 108–27, §201(b)(2), substituted "January 1, 2005" for "September 11, 2004" in subcls. (I) and (II). (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (k)
• Pub. L. 108–27, §201(b)(1), substituted "pre-January 1, 2005" for "pre-September 11, 2004" in heading and "January 1, 2005" for "September 11, 2004" in text. (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (k)
• Pub. L. 108–27, §201(b)(3), inserted at end "The preceding sentence shall be applied separately with respect to property treated as qualified property by paragraph (4) and other qualified property." (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (k)
• Pub. L. 108–27, §201(b)(1)(A), substituted "January 1, 2005" for "September 11, 2004". (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (k)
• Pub. L. 108–27, §201(a), added par. (4). (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (k)

2002

• Pub. L. 107–147, §613(b), substituted "December 31, 2004" for "December 31, 2003". (Job Creation and Worker Assistance Act of 2002) Law text · (j)
• Pub. L. 107–147, §101(a), added subsec. (k). (Job Creation and Worker Assistance Act of 2002) Law text · (k)

1998

• Pub. L. 105–206, §6006(b)(2), reenacted subsec. heading without change and substituted "For purposes of this section, the applicable recovery period shall be determined in accordance with the following table:" for "For purposes of this section— (Internal Revenue Service Restructuring and Reform Act of 1998) Law text · (c)
• Pub. L. 105–206, §6006(b)(1), struck out heading and text of par. (2). Text read as follows: "In the case of property to which an election under subsection (b)(2)(C) applies, the applicable recovery period shall be determined under the table contained in subsection (g)(2)(C)." (Internal Revenue Service Restructuring and Reform Act of 1998) Law text · (c)

1997

• Pub. L. 105–34, §1086(b)(1), added cl. (iii). (Taxpayer Relief Act of 1997) Law text · (e)
• Pub. L. 105–34, §1086(b)(2), inserted table item relating to subpar. (A)(iii). (Taxpayer Relief Act of 1997) Law text · (g)
• Pub. L. 105–34, §1213(c), added subpar. (C). (Taxpayer Relief Act of 1997) Law text · (i)
• Pub. L. 105–34, §1086(b)(3), added par. (14). (Taxpayer Relief Act of 1997) Law text · (i)
• Pub. L. 105–34, §1604(c)(1), inserted concluding provisions "For purposes of the preceding sentence, such section 3(d) shall be applied by treating the term 'former Indian reservations in Oklahoma' as including only lands which are within the jurisdictional area of an Oklahoma India… (Taxpayer Relief Act of 1997) Law text · (j)

1996

• Pub. L. 104–188, §1613(b)(1), added subpar. (F). (Small Business Job Protection Act of 1996) Law text · (b)
• Pub. L. 104–188, §1613(b)(2), inserted table item relating to water utility property. (Small Business Job Protection Act of 1996) Law text · (c)
• Pub. L. 104–188, §1702(h)(1)(B), inserted closing provisions. (Small Business Job Protection Act of 1996) Law text · (e)
• Pub. L. 104–188, §1704(t)(54), provided that section 11813(b)(9)(A)(i) of Pub. L. 101–508 shall be applied as if a comma appeared after "(3)(A)(ix)" in the material proposed to be stricken. See 1990 Amendment note below. (Small Business Job Protection Act of 1996) Law text · (e)
• Pub. L. 104–188, §1702(h)(1)(A), added subcl. (III). (Small Business Job Protection Act of 1996) Law text · (e)
• Pub. L. 104–188, §1120(a), added cl. (iii). (Small Business Job Protection Act of 1996) Law text · (e)
• Pub. L. 104–188, §1613(b)(3)(B)(i), struck out subpar. (F) which read as follows: "20-year property.—The term '20-year property' includes any municipal sewers." (Small Business Job Protection Act of 1996) Law text · (e)
• Pub. L. 104–188, §1613(b)(3)(A), added par. (5). (Small Business Job Protection Act of 1996) Law text · (e)
• Pub. L. 104–188, §1613(b)(4), inserted "or water utility property" after "tunnel bore". (Small Business Job Protection Act of 1996) Law text · (g)
• Pub. L. 104–188, §1120(b), inserted table item relating to subpar. (E)(iii). (Small Business Job Protection Act of 1996) Law text · (g)
• Pub. L. 104–188, §1613(b)(3)(B)(ii), struck out table item relating to subpar. (F) for which the class life was 50. (Small Business Job Protection Act of 1996) Law text · (g)
• Pub. L. 104–188, §1702(h)(1)(C), substituted "section 48(l)(3)(A)(ix) (as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990)" for "section 48(a)(3)(A)(iii)". (Small Business Job Protection Act of 1996) Law text · (g)
• Pub. L. 104–188, §1121(a), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: "In the case of any building erected (or improvements made) on leased property, if such building or improvement is property to which this section applies… (Small Business Job Protection Act of 1996) Law text · (i)

1995

• Pub. L. 104–88 substituted "rail carrier subject to part A of subtitle IV" for "domestic railroad corporation providing transportation subject to subchapter I of chapter 105". (ICC Termination Act of 1995) Law text · (g)

1993

• Pub. L. 103–66, §13151(a), substituted "39 years" for "31.5 years" in table item relating to nonresidential real property. · (c)
• Pub. L. 103–66, §13321(a), added subsec. (j). · (j)

1990

• Pub. L. 101–508, §11812(b)(2)(A), amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: "The term 'residential rental property' has the meaning given such term by section 167(j)(2)(B)." · (e)
• Pub. L. 101–508, §11813(b)(9)(A)(i), which directed the substitution of "subparagraph (A) of section 48(a)(3) (or would be so described if 'solar and wind' were substituted for 'solar' in clause (i) thereof)" for "paragraph (3)(A)(viii), (3)(A)(ix) or (4) of section 48(l)"… · (e)
• Pub. L. 101–508, §11813(b)(9)(A)(ii), inserted "(as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990)" after "48(l)". · (e)
• Pub. L. 101–508, §11813(b)(9)(B)(i), substituted "subsection (i)(13)" for "section 48(p)". · (e)
• Pub. L. 101–508, §11812(b)(2)(C), substituted "subsection (i)(10)" for "section 167(l)(3)(A)." · (f)
• Pub. L. 101–508, §11813(b)(9)(C), substituted heading for one which read: "Property used predominantly outside the United States" and amended text generally. Prior to amendment, text read as follows: "For purposes of this subsection, rules similar to the rules under section 48(a)(2)… · (g)
• Pub. L. 101–508, §11812(b)(2)(D), inserted at end "The reference in this paragraph to subsection (m) of section 167 shall be treated as a reference to such subsection as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990." · (i)
• Pub. L. 101–508, §11801(c)(8)(B), struck out, "371(a), 374(a)," after "361,". · (i)
• Pub. L. 101–508, §11812(b)(2)(E), struck out "(determined without regard to section 167(l))" after "section 167". · (i)
• Pub. L. 101–508, §11812(b)(2)(B), amended par. (10) generally. Prior to amendment, par. (10) read as follows: "The term 'public utility property' has the meaning given such term by section 167(l)(3)(A)." · (i)
• Pub. L. 101–508, §11813(b)(9)(B)(ii), added par. (13). · (i)

1989

• Pub. L. 101–239, §7816(f), redesignated subpar. (D), relating to property described in subsec. (e)(3)(D)(ii), as (E). · (b), (E)
• Pub. L. 101–239, §7816(e)(1), substituted "paragraph (2)(C)" for "paragraph (2)(B)". · (b)
• Pub. L. 101–239, §7816(e)(2), substituted "subsection (b)(2)(C)" for "subsection (b)(2)(B)". · (c)
• Pub. L. 101–239, §7816(w), made clarifying amendment to directory language of Pub. L. 100–647, §6253, see 1988 Amendment note below. · (i)

1988

• Pub. L. 100–647, §1002(a)(11)(A), substituted "150 percent declining balance method in certain cases" for "15-year and 20-year property" in heading and amended text generally. Prior to amendment, text read as follows: "In the case of 15-year and 20-year property, paragraph (1) shall… · (b)
• Pub. L. 100–647, §6028(a), added subpar. (B) and redesignated former subpar. (B) as (C). · (b), (C)
• Pub. L. 100–647, §1002(i)(2)(B)(i), added subpar. (C). Former subpar. (C) redesignated (D). · (b)
• Pub. L. 100–647, §6029(b), added subpar. (D) relating to property described in subsec. (e)(3)(D)(ii). · (b)
• Pub. L. 100–647, §1002(i)(2)(B)(i), redesignated subpar. (C), relating to property with respect to which the taxpayer elects under par. (5), as (D). · (b)
• Pub. L. 100–647, §1002(i)(2)(B)(ii), substituted "paragraph (3)(D)" for "paragraph (3)(C)". · (b)
• Pub. L. 100–647, §1002(a)(11)(B), substituted "paragraph (2)(B) or (3)(C)" for "paragraph (3)(C)". · (b)
• Pub. L. 100–647, §1002(a)(11)(C), amended subsec. (c) generally, designating existing provisions as par. (1) and adding par. (2). · (c)
• Pub. L. 100–647, §1002(i)(2)(A), inserted table item relating to any railroad grading or tunnel bore. · (c)
• Pub. L. 100–647, §1002(i)(2)(D), added subpar. (C). · (d)
• Pub. L. 100–647, §1002(a)(5), struck out "and which are" after "this section applies". · (d)
• Pub. L. 100–647, §1002(a)(23)(A), struck out "real" after "Certain" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of subparagraph (A), nonresidential real property and residential rental property shall not be taken into account." · (d)
• Pub. L. 100–647, §1002(i)(2)(E), substituted "residential rental property, and railroad grading or tunnel bore" for "and residential rental property". · (d)
• Pub. L. 100–647, §1002(a)(21), substituted "any section 1245 property" for "any property". · (e)
• Pub. L. 100–647, §6027(b)(1)(C), redesignated cl. (iii) as (ii), and struck out former cl. (ii) which read as follows: "any single-purpose agricultural or horticultural structure (within the meaning of section 48(p)), and". · (e)
• Pub. L. 100–647, §6029(a), amended subpar. (D) generally. Prior to amendment, subpar. (D) read as follows: "The term '10-year property' includes any single purpose agricultural or horticultural structure (within the meaning of section 48(p))." · (e)
• Pub. L. 100–647, §6027(a), added subpar. (D). Former subpar. (D) redesignated (E). · (e)
• Pub. L. 100–647, §6027(a), redesignated former subpars. (D) and (E) as (E) and (F), respectively. · (e), (F)
• Pub. L. 100–647, §1002(i)(2)(C), added par. (4). · (e)
• Pub. L. 100–647, §1002(a)(16)(B), amended par. (4) generally. Prior to amendment, par. (4) read as follows: "Any sound recording described in section 48(r)(5)." · (f)
• Pub. L. 100–647, §1002(a)(6)(A)(i), substituted "1st taxable year" for "1st full taxable year". · (f)
• Pub. L. 100–647, §1002(a)(6)(A)(ii), added cl. (iii). · (f)
• Pub. L. 100–647, §100–647, §1002(a)(6)(B), added subpar. (C). · (f)
• Pub. L. 100–647, §1002(i)(2)(F), added item (iv) in table. · (g)
• Pub. L. 100–647, §6029(c), substituted "(D)(i)" for "(D)" and added item for "(D)(ii)" in table. · (g)
• Pub. L. 100–647, §6027(b)(2), substituted "(D)" for "(C)(ii)", "(E)(i)" for "(D)(i)", "(E)(ii)" for "(D)(ii)", and "(F)" for "(E)" in table. · (g)
• Pub. L. 100–647, §1002(a)(8), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: · (h)
• Pub. L. 100–647, §6253, as amended by Pub. L. 101–239, §7816(w), amended par. (1) generally, substituting a single par. relating to class life for former subpar. (A) relating to class life generally, (B) relating to Secretarial authority, (C) relating to effect of modification, (D) … · (i)
• Pub. L. 100–647, §1002(i)(2)(G), added cl. (iii), which provided: "Special rule for railroad grading or tunnel bores.—In the case of any property which is a railroad grading or tunnel bore— · (i)
• Pub. L. 100–647, §1002(a)(7)(A), inserted at end "In any case where this section as in effect before the amendments made by section 201 of the Tax Reform Act of 1986 applied to the property in the hands of the transferor, the reference in the preceding sentence to this section sh… · (i)
• Pub. L. 100–647, §1002(a)(7)(B), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: "The transactions described in this subparagraph are any transaction described in section 332, 351, 361, 371(a), 374(a), 721, or 731. Subparagraph (A) shall not apply … · (i)
• Pub. L. 100–647, §1002(a)(7)(C), struck out subpar. (D) which read as follows: "This paragraph shall not apply to any transaction to which subsection (f)(5) applies (relating to churning transactions)." · (i)
• Pub. L. 100–647, §1018(b)(2), amended subpar. (E), as amended by section 1802(a)(2) of Pub. L. 99–514 and as in effect before the general amendment by section 201(a) of Pub. L. 99–514, by substituting "this paragraph and paragraph (8)" for "this paragraph" in cls. (i) and (ii)(I)… · (j)

1986

• Pub. L. 99–514, §201(a), amended section generally, applicable, with exceptions enumerated in sections 203, 204, and 251(d) of Pub. L. 99–514 [set out as notes below and under section 46 of this title], to property placed in service after Dec. 31, 1986, modifying existing accelerated cost recovery …
• Pub. L. 99–514, §1809(a)(2)(A)(i)(I), struck out closing provisions relating to determination, in the case of 19-year real property, of applicable percentage in taxable year in which the property is placed in service. · (b)
• Pub. L. 99–514, §1809(a)(2)(A)(i)(II), substituted "Mid-month convention for 19-year real property" for "Special rule for year of disposition" in heading and amended text generally, substituting "In the case of 19-year real property, the amount of the deduction determined under a… · (b)
• Pub. L. 99–514, §1809(a)(1)(A), which directed that the table be amended by striking "and low-income housing" in last item, was executed by striking "and low-income housing" after "19-year real property" in next-to-the-last item, to reflect the probable intent of Congress, becaus… · (b)
• Pub. L. 99–514, §1809(a)(1)(B), inserted at the end item for low-income housing with recovery periods of 15, 35, or 45 years. · (b)
• Pub. L. 99–514, §1809(a)(2)(B), substituted "Monthly convention" for "Special rule for year of disposition" in heading and amended text generally, substituting "In the case of low-income housing, the amount of the deduction determined under any provision of this section (or for p… · (b)
• Pub. L. 99–514, §1809(a)(2)(A)(ii), redesignated existing provisions as entire subpar. (B), struck out "(i) In general", redesignated subcls. (I) and (II) as cls. (i) and (ii), and in cl. (ii) struck out "(taking into account the next to the last sentence of subsection (b)(2)(A))… · (f)
• Pub. L. 99–514, §1809(b)(1), amended subpar. (A) generally, substituting "In the case of recovery property transferred in a transaction described in subparagraph (B), for purposes of computing the deduction allowable under subsection (a) with respect to so much of the basis in t… · (f)
• Pub. L. 99–514, §1809(b)(2), inserted at end "Clause (i) shall not apply in the case of the termination of a partnership under section 708(b)(1)(B)." · (f)
• Pub. L. 99–514, §1809(a)(4)(A), amended cl. (ii) generally, substituting "In the case of 19-year real property, the amount of the deduction allowed shall be determined by using the straight-line method (without regard to salvage value) and a recovery period of 19 years." for… · (f)
• Pub. L. 99–514, §1809(a)(4)(B), substituted "Exception for low- and moderate-income housing" for "Exception for projects for residential rental property" in heading and amended text generally, substituting "Subparagraph (A) shall not apply to— · (f)
• Pub. L. 99–514, §1802(b)(1), redesignated the par. (13) relating to motor vehicle operating leases as (14) and redesignated former par. (14) as (15). · (f), (15)
• Pub. L. 99–514, §1809(a)(2)(C)(i), substituted "Cross reference" for "19-year real property" in heading and amended text generally, substituting "For other applicable conventions, see paragraphs (2)(B) and (4)(B) of subsection (b)." for prior provisions. · (j)
• Pub. L. 99–514, §1802(a)(1), inserted at end "For purposes of subparagraph (B)(iii), any portion of a property so used shall not be treated as leased to a tax-exempt entity in a disqualified lease." · (j)
• Pub. L. 99–514, §1802(a)(2)(A), (G), substituted "any property (other than property held by such organization)" for "any property of which such organization is the lessee", "first used by" for "first leased to", and "preceding sentence and subparagraph (D)(ii)" for "preceding … · (j)
• Pub. L. 99–514, §1802(a)(2)(B), (C), struck out "of which such organization is the lessee" after "respect to any property" in subcl. (I) and substituted "is first used by the organization" for "is placed in service under the lease" in subcl. (II). · (j)
• Pub. L. 99–514, §1802(a)(2)(D), added cl. (iv), first used, which read as follows: "For purposes of this subparagraph, property shall be treated as first used by the organization— · (j)
• Pub. L. 99–514, §1802(a)(3), struck out cl. (iv), relating to exclusion of property not subject to rapid obsolescence. · (j)
• Pub. L. 99–514, §1802(a)(4)(A), (B)(i), struck out "and paragraphs (4) and (5) of section 48(a)" after "For purposes of this subsection" in introductory provisions. · (j), (9)
• Pub. L. 99–514, §1802(a)(4)(B)(ii), inserted a comma between "loss" and "deduction". · (j)
• Pub. L. 99–514, §1802(a)(7)(A), added subpar. (D), determination of whether property used in unrelated trade or business, which read as follows: "For purposes of this subsection, in the case of any property which is owned by a partnership which has both a tax-exempt entity and a … · (j)
• Pub. L. 99–514, §1802(a)(7), redesignated subpar. (D) as (E) and substituted "(C), and (D)" for "and (C)". Former subpar. (E) redesignated (F). · (j)
• Pub. L. 99–514, §1802(a)(2)(E)(i), added subpar. (E), treatment of certain taxable entities, consisting of cl. (i), in general, which read: "For purposes of this paragraph, except as otherwise provided in this subparagraph, any tax-exempt controlled entity shall be treated as a tax-exempt entity.",… · (j)
• Pub. L. 99–514, §1802(a)(7)(A), redesignated subpar. (E) as (F). Former subpar. (F) redesignated (G). · (j)
• Pub. L. 99–514, §1802(a)(2)(E)(i), redesignated former subpar. (E) as (F). · (j)
• Pub. L. 99–514, §1802(a)(7)(A), redesignated subpar. (F) as (G). · (j)

1985

• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property" in heading and wherever appearing in text. · (b)
• Pub. L. 99–121, §103(a), substituted "19-year recovery period" for "18-year recovery period". · (b)
• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property" in table. · (b)
• Pub. L. 99–121, §103(b)(2), substituted "19, 35, or 45 years" for "18, 35, or 45" in table. · (b)
• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property" wherever appearing. · (b), (iii)
• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property" in heading and in text. · (c)
• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property". · (d)
• Pub. L. 99–121, §103(b)(3)(B), substituted "March 15, 1984, and before May, 9, 1985, the" for "March 15, 1984, the". · (f)
• Pub. L. 99–121, §103(b)(3)(A), (C), added cl. (iii), redesignated former cl. (iii) as (iv), and in cl. (iv) substituted ", (ii), or (iii)" for "or (ii)". · (f), (iv)
• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property" wherever appearing. · (f), (5)
• Pub. L. 99–121, §103(b)(4), substituted "19-year real property" for "15-year real property" in heading and wherever appearing in text, and substituted "19 years" for "15 years". · (f)
• Pub. L. 99–121, §103(b)(1)(A), substituted "19-year real property" for "18-year real property" wherever appearing in headings, table, and text. · (j)

1984

• Pub. L. 98–369, §111(a)(1), substituted "18-year real property" for "15-year real property" in heading and wherever appearing in text. · (b)
• Pub. L. 98–369, §111(d), inserted in provision following cl. (ii) "(using a mid-month convention)". · (b)
• Pub. L. 98–369, §111(b)(3)(A), struck out in text following cl. (ii) provision that for purposes of this subparagraph "low-income housing" means property described in section 1250(a)(1)(B)(i), (ii), (iii), or (iv). · (b)
• Pub. L. 98–369, §111(a)(2), substituted "18-year recovery period" for "15-year recovery period". · (b)
• Pub. L. 98–369, §111(a)(3), struck out "(200 percent declining balance method in the case of low-income housing)" after "declining balance method". · (b)
• Pub. L. 98–369, §111(d), inserted "(using a mid-month convention)". · (b)
• Pub. L. 98–369, §111(e)(9)(A), substituted "under paragraph (1), (2), or (4)" for "under paragraphs (1) and (2)". · (b)
• Pub. L. 98–369, §111(e)(9)(B), substituted in table "18-year real property and low-income housing" for "15-year real property" and "18" for "15" and struck out "years" after "45". · (b)
• Pub. L. 98–369, §111(e)(2), substituted "18-year real property or low-income housing," for "15-year real property". · (b)
• Pub. L. 98–369, §111(e)(1), substituted "18-year real property or low-income housing" for "15-year real property". · (b)
• Pub. L. 98–369, §111(b)(1), added par. (4). · (b)
• Pub. L. 98–369, §111(b)(3)(B), amended subpar. (D) generally, substituting "18-year real property" for "15-year real property" in heading and text and including within such definition section 1250 property which is not low-income housing. · (c)
• Pub. L. 98–369, §111(b)(2), added subpar. (F) and redesignated former subpar. (F) as (G). · (c), (G)
• Pub. L. 98–369, §111(e)(3), substituted "18-year real property or low-income housing" for "15-year real property". · (d)
• Pub. L. 98–369, §113(b)(2)(A), substituted "title" for "section" in provision preceding par. (1). · (e)
• Pub. L. 98–369, §113(b)(1), added par. (5). · (e)
• Pub. L. 98–369, §111(c), designated existing provision as cl. (i), inserted heading, inserted ", and before March 16, 1984," and struck out provision that for the purposes of the preceding sentence, the method of computing the deduction allowable with respect to such first compon… · (f)
• Pub. L. 98–369, §111(e)(1), substituted "18-year real property or low-income housing" for "15-year real property" wherever appearing. · (f)
• Pub. L. 98–369, §111(e)(4), substituted in table "18-year real property or low-income housing" for "15-year real property". · (f)
• Pub. L. 98–369, §111(e)(1), substituted "18-year real property or low-income housing" for "15-year real property". · (f), (E), (5)
• Pub. L. 98–369, §12(a)(3)(A), in par. (8) as amended by section 209(a) of Pub. L. 97–248, substituted "1990" for "1986". · (f)
• Pub. L. 98–369, §628(b)(1), designated provisions preceding cl. (i) and cl. (i) as subpar. (C), and struck out cls. (ii), (iii), and (iv) which dealt with the application of subpar. (A) to a sewage or solid waste disposal facility, an air or water pollution control facility or a… · (f)
• Pub. L. 98–369, §628(b)(2), redesignated subpar. (E) as (D) and struck out former subpar. (D) which read as follows: "For purposes of this paragraph, the term 'existing facility' means a plant or property in operation before July 1, 1982." · (f), (E)
• Pub. L. 98–369, §32(a), added second par. (13) relating to motor vehicle operating leases. · (f)
• Pub. L. 98–369, §113(a)(2), added par. (14). · (f)
• Pub. L. 98–369, §31(d), inserted "If any property (other than section 1250 class property) does not have a present class life within the meaning of the preceding sentence, the Secretary may prescribe a present class life for such property which reasonably reflects the anticipated us… · (g)
• Pub. L. 98–369, §474(r)(7)(D), in subsec. (i) as amended by section 209(b) of Pub. L. 97–248, substituted "subparts A, B, and D of part IV" for "subpart A of part IV". · (i)
• Pub. L. 98–369, §474(r)(7)(A), in subsec. (i) as added by section 208(a)(1) of Pub. L. 97–248, substituted "subparts A, B, and D of part IV" for "subpart A of part IV". · (i)
• Pub. L. 98–369, §612(e)(5), in subsec. (i) as amended by section 209(b) of Pub. L. 97–248, substituted "section 26(b)(2)" for "section 25(b)(2)". · (i)
• Pub. L. 98–369, §612(e)(4), in subsec. (i) as added by section 208(a)(1) of Pub. L. 97–248, substituted "section 26(b)(2)" for "section 25(b)(2)". · (i)
• Pub. L. 98–369, §474(r)(7)(E), in subsec. (i) as amended by section 209(b) of Pub. L. 97–248, substituted "section 25(b)(2)" for "the last sentence of section 53(a)". · (i)
• Pub. L. 98–369, §474(r)(7)(B), in subsec. (i) as added by section 208(a)(1) of Pub. L. 97–248, substituted "section 25(b)(2)" for "the last sentence of section 53(a)". · (i)
• Pub. L. 98–369, §12(a)(3)(B), in subsec. (i) as amended by section 209(b) of Pub. L. 97–248, substituted "1989" for "1985" in cls. (i) and (ii). · (i)
• Pub. L. 98–369, §474(r)(7)(C), in subsec. (i) as added by section 208(a)(1) of Pub. L. 97–248, substituted "section 38" for "subpart A of part IV of subchapter A of this chapter". · (i)
• Pub. L. 98–369, §31(a), added subsec. (j) and redesignated former subsec. (j) as (k). · (j), (k)

1983

• Pub. L. 97–448, §102(a)(5), substituted "In the case of 15-year real property" for "For purposes of this subparagraph" in third sentence. · (b)
• Pub. L. 97–448, §102(a)(8), added subpar. (F). · (c)
• Pub. L. 97–448, §102(a)(2), substituted "paragraph (7) or (10) of subsection (f)" for "subsection (f)(7)". · (d)
• Pub. L. 97–424, §541(a)(1), added subpar. (C). Former subpar. (C) redesignated (D). · (e), (D)
• Pub. L. 97–448, §102(a)(9)(A), inserted provision that, in the case of the acquisition of property by any partnership which results from the termination of another partnership under section 708(b)(1)(B), the determination of whether the acquiring partnership is related to the oth… · (e)
• Pub. L. 97–448, §102(a)(9)(B), added subpars. (H) and (I). · (e), (I)
• Pub. L. 97–448, §102(f)(4), substituted "Election made on return" for "Made on return" as the subpar. (B) heading, designated existing provisions as cl. (i), added heading for cl. (i), substituted "Except as provided in clause (ii), any election" for "Any election", in cl. (i) as… · (f)
• Pub. L. 97–448, §102(a)(1), inserted provision that, in the case of 15-year real property, the first sentence of this paragraph shall not apply to the taxable year in which the property is placed in service or disposed of. · (f)
• Pub. L. 97–448, §102(a)(10)(A), amended subpar. (D), as in effect before the amendments made by the Tax Equity and Fiscal Responsibility Act of 1982 [Pub. L. 97–248], by inserting at end thereof the following new sentence: "Under regulations prescribed by the Secretary, public ut… · (f)
• Pub. L. 97–448, §102(a)(3), added par. (13). · (f)
• Pub. L. 97–448, §102(a)(4)(B), substituted "Qualified coal utilization property" for "In general" in heading. · (g)
• Pub. L. 97–448, §102(a)(4)(C), substituted "Coal utilization property" for "In general" in heading. · (g)
• Pub. L. 97–448, §102(a)(4)(A), substituted "coal utilization property which would otherwise be 15-year public utility property" for "coal utilization property which is not 3-year property, 5-year property, or 10-year property (determined without regard to this paragraph)". · (h)

1982

• Pub. L. 97–248, §206(a), substituted "table" for "tables" in introductory provisions, struck out designation "(A)" preceding the table and struck out subpar. (A) heading which had limited the application of the table to property placed in service after Dec. 31, 1980, and before Jan.… · (b)
• Pub. L. 97–248, §§206(b), 224(c)(1), substituted "1981" for "1986" in heading, in subpar. (E) inserted provision that a similar rule shall apply in the case of a deemed liquidation under section 338, and struck out former subpar. (H) which had provided for special rules for property… · (e)
• Pub. L. 97–248, §209(a), amended par. (8) generally, substituting provisions relating to special rules for finance leases for provisions relating to special rule for leases. · (f)
• Pub. L. 97–248, §208(a)(2)(A), inserted "except as provided in subsection (i)," before "for purposes of this subtitle". · (f)
• Pub. L. 97–354, §5(a)(19), substituted "an S corporation" for "an electing small business corporation (within the meaning of section 1371(b))" in subsec. (f)(8)(B)(i)(I) as in effect before the enactment of the Tax Equity and Fiscal Responsibility Act of 1982 [Pub. L. 97–24… · (f)
• Pub. L. 97–248, §208(b)(1), inserted "which is not a related person with respect to the lessee". · (f)
• Pub. L. 97–248, §208(b)(2), in subcl. (I) substituted "120 percent of the present class life of the property, or" for "90 percent of the useful life of such property for purposes of section 167, or", and in subcl. II substituted "the period equal to the recovery period deter… · (f)
• Pub. L. 97–354, §5(a)(20), in par. (8) as amended by section 209(a) of Pub. L. 97–248, substituted "an S corporation" for "an electing small business corporation within the meaning of section 1371(b)". · (f)
• Pub. L. 97–248, §208(b)(3), amended subpar. (D) generally. Prior to amendment, subpar. (D) read as follows: · (f)
• Pub. L. 97–248, §208(b)(4), added subpars. (H) to (J) and redesignated former subpar. (H) as (K). · (f)
• Pub. L. 97–248, §224(c)(2), struck out "(other than a transaction with respect to which the basis is determined under section 334(b)(2))" after "section 332". · (f)
• Pub. L. 97–248, §216(a), added par. (12). · (f)
• Pub. L. 97–248, §209(b), amended subsec. (i) generally, substituting provisions concerning limitations relating to leases of finance lease property for provisions concerning limitations relating to lease of qualified leased property. · (i)
• Pub. L. 97–248, §208(a)(1), added subsec. (i). Former subsec. (i) redesignated (j). · (i)
• Pub. L. 97–248, §208(a)(1), redesignated former subsec. (i) as (j). · (j)