26 U.S.C. 263: Capital expenditures

2018

• Pub. L. 115–141, §401(a)(60), substituted comma for semicolon at end. (Consolidated Appropriations Act, 2018) Law text · (a), (G)
• Pub. L. 115–141, §401(a)(61), redesignated subpars. (I) to (L) as (H) to (K), respectively. (Consolidated Appropriations Act, 2018) Law text · (a)

2014

• Pub. L. 113–295, §221(a)(34)(D), struck out subpar. (H) which read as follows: "expenditures for which a deduction is allowed under section 179A,". Law text · (a)
• Pub. L. 113–295, §221(a)(41)(G), struck out ", 244," after "section 243". Law text · (g)

2006

• Pub. L. 109–432 added subpar. (L). (Tax Relief and Health Care Act of 2006) Law text · (a)

2005

• Pub. L. 109–58, §1323(b)(2), added subpar. (J). (Energy Policy Act of 2005) Law text · (a)
• Pub. L. 109–58, §1331(b)(4), added subpar. (K). (Energy Policy Act of 2005) Law text · (a)

2004

• Pub. L. 108–357 added subpar. (I). (American Jobs Creation Act of 2004) Law text · (a)
• Pub. L. 108–311 substituted "1276" for "1278". (Working Families Tax Relief Act of 2004) Law text · (g)

1997

• Pub. L. 105–34 added subpar. (H). (Taxpayer Relief Act of 1997) Law text · (a)

1990

• Pub. L. 101–508, §11801(a)(16), struck out subsec. (b) "Expenditures for advertising and good will" which read as follows: "If a corporation has, for the purpose of computing its excess profits tax credit under chapter 2E or subchapter D of chapter 1 of the Internal Revenue Code of 193… · (b)
• Pub. L. 101–508, §11815(b)(3), substituted "section 613(e)(2)" for "section 613(e)(3)". · (c)

1988

• Pub. L. 100–647 substituted "section 59(e)" for "section 59(d)". · (c)

1986

• Pub. L. 99–514, §402(b)(1), struck out subpar. (E) relating to nonapplication of par. (1) to expenditures by farmers for clearing land deductible under section 182, and redesignated subpars. (F) to (H) as (E) to (G), respectively. · (a)
• Pub. L. 99–514, §701(e)(4)(D), substituted "59(d)" for "58(i)". · (c)
• Pub. L. 99–514, §411(b)(1)(B), inserted "and except as provided in subsection (i),". · (c)
• Pub. L. 99–541, §1808(b), added cl. (iv). · (g)
• Pub. L. 99–514, §411(b)(1)(A), added subsec. (i). · (i)

1984

• Pub. L. 98–369, §102(e)(7), amended par. (2) generally, striking out "charges for temporary use of the personal property in a short sale, or" after "(including" in subpar. (A)(ii), substituting "any amount treated as ordinary income under section 1271(a)(3)(A), 1278, or 1281(a) with… · (g)
• Pub. L. 98–369, §102(e)(8), added par. (4). · (g)
• Pub. L. 98–369, §56(a), added subsec. (h). · (h)

1983

• Pub. L. 97–448, §105(b)(1), substituted "all other amounts (including charges for temporary use of the personal property in a short sale, or to insure, store, or transport the personal property) paid or incurred to carry the personal property, over" for "amounts paid or incur… · (g)
• Pub. L. 97–448, §306(a)(9)(A), substituted "section 1232(a)(3)(A)" for "section 1232(a)(4)(A)". · (g)

1982

• Pub. L. 97–248, §204(c)(1), inserted provision that this subsection not apply with respect to any costs to which any deduction is allowed under section 58(i) or 291. · (c)

1981

• Pub. L. 97–34, §202(d)(1), added subpar. (H). · (a)
• Pub. L. 97–34, §201(c), struck out subsec. (e) which related to the allowance of repair expenses or specified repair, rehabilitation, or improvement expenditures. · (e)
• Pub. L. 97–34, §502, added subsec. (g). · (g)

1980

• Pub. L. 96–223 added subpar. (G). · (a)

1978

• Pub. L. 95–618 inserted "and geothermal wells" after "gas wells" in heading and in text inserted provision that such regulations also grant the option to deduct as expenses intangible drilling and development costs in the case of wells drilled for any geothermal deposit (as defined in … · (c)

1976

• Pub. L. 94–455, §2122(b)(2), added subpar. (F). · (a)
• Pub. L. 94–455, §1904(b)(10)(A)(i)(I), struck out par. (3) which provided that no deduction be allowed for amounts paid as tax under section 4911 (relating to imposition of interest equalization tax) except as provided in subsec. (d). · (a)
• Pub. L. 94–455, §§1904(b)(10)(A)(i)(I), (II), 1906(b)(13)(A), redesignated subsec. (e) as (d) and struck out "or his delegate" after "Secretary" and substituted "subsection (e)" for "subsection (f)". Former subsec. (d) was struck out. · (d)
• Pub. L. 94–455, §§1904(b)(10)(A)(i)(I), 1906(b)(13)(A), redesignated subsec. (f) as (e) and struck out "or his delegate" after "Secretary". Former subsec. (e) redesignated (d). · (e)
• Pub. L. 94–455, §§1701(a), 1904(b)(10)(A)(i)(I), added subsec. (f). Former subsec. (f) redesignated (e). · (f)

1971

• Pub. L. 92–178, §109(c), substituted "shall, at the election of the taxpayer, be treated" for "shall be treated" and inserted provisions respecting making of election under this subsection for any taxable year at such time and in such manner as Secretary or his delegate prescribed by r… · (e)
• Pub. L. 92–178, §109(b), added subsec. (f). · (f)

1969

• Pub. L. 91–172 added subsec. (e). · (e)

1965

• Pub. L. 89–243, §4(p)(1), inserted "Except as provided in subsection (d)", and struck out "except to the extent that any amount attributable to the amount paid as tax is included in gross income for the taxable year" after parenthetical provision. · (a)
• Pub. L. 89–243, §4(p)(2), added subsec. (d). · (d)

1964

• Pub. L. 88–563 added par. (3). · (a)

1962

• Pub. L. 87–834 added subpar. (E). · (a)

1960

• Pub. L. 86–779 added subpar. (D). · (a)