,,ii ,calendar ,no4 #bhg #aacth ,,congress #ast ,session ,s4 #ahei ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,december #ai1 #bjac,mr4 ,reid introduced the following bill ,december #bj 7legislative day1 ,december #ai71 #bjac ,read the first time ,december #bj1 #bjac,read the second time and placed on the calendar ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to extend certain expiring provisions1 and for other purposes4 #a4 ,short title1 etc 7a7 ,short title ,this ,act may be cited as the ,tax ,extenders ,act of #bjac4 7b7 ,amendment of #aihf ,code ,except as otherwise expressly provided1 whenever in this ,act an amendment or repeal is expressed in terms of an amendment to1 or repeal of1 a section or other provision1 the reference shall be considered to be made to a section or other provision of the ,internal ,revenue ,code of #aihf4 7c7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title1 etc4,,title ,i--,individual tax extenders,subtitle ,a--,extensions relating to certain health coverage,sec4 #aja4 ,health care tax credit4,sec4 #ajb4 ,,taa pre-certification rule for purposes of determining whether there is a #fc-;day lapse in creditable coverage4,sec4 #ajc4 ,extension of ,,cobra benefits for certain ,,taa-eligible individuals and ,,pbgc recipients4,subtitle ,b--,general extensions,sec4 #aaa4 ,extension of deduction for certain expenses of elementary and secondary school teachers4,sec4 #aab4 ,extension of exclusion from gross income of discharge of qualified principal residence indebtedness4,sec4 #aac4 ,extension of parity for exclusion from income for employer-provided mass transit and parking benefits4,sec4 #aad4 ,extension of mortgage insurance premiums treated as qualified residence interest4,sec4 #aae4 ,extension of deduction of ,state and local general sales taxes4,sec4 #aaf4 ,extension of special rule for contributions of capital gain real property made for conservation purposes4,sec4 #aag4 ,extension of above-the-line deduction for qualified tuition and related expenses4,sec4 #aah4 ,extension of tax-free distributions from individual retirement plans for charitable purposes4,,title ,,ii--,business tax extenders,sec4 #bja4 ,extension of research credit4,sec4 #bjb4 ,extension of temporary minimum low-income tax credit rate for non-federally subsidized new buildings4,sec4 #bjc4 ,extension of housing allowance exclusion for determining area median gross income for qualified residential rental project exempt facility bonds4,sec4 #bjd4 ,extension of ,indian employment tax credit4,sec4 #bje4 ,extension of new markets tax credit4,sec4 #bjf4 ,extension of railroad track maintenance credit4,sec4 #bjg4 ,extension of mine rescue team training credit4,sec4 #bjh4 ,extension of employer wage credit for employees who are active duty members of the uniformed services4,sec4 #bji4 ,extension of work opportunity tax credit4,sec4 #baj4 ,extension of qualified zone academy bonds4,sec4 #baa4 ,extension of classification of certain race horses as #c-year property4,sec4 #bab4 ,extension of #ae-year straight-line cost recovery for qualified leasehold improvements1 qualified restaurant buildings and improvements1 and qualified retail improvements4,sec4 #bac4 ,extension of #g-year recovery period for motorsports entertainment complexes4,sec4 #bad4 ,extension of accelerated depreciation for business property on an ,indian reservation4,sec4 #bae4 ,extension of bonus depreciation4,sec4 #baf4 ,extension of enhanced charitable deduction for contributions of food inventory4,sec4 #bag4 ,extension of increased expensing limitations and treatment of certain real property as section #agi property4,sec4 #bah4 ,extension of election to expense mine safety equipment4,sec4 #bai4 ,extension of special expensing rules for certain film and television productions4,sec4 #bbj4 ,extension of deduction allowable with respect to income attributable to domestic production activities in ,puerto ,rico4,sec4 #bba4 ,extension of modification of tax treatment of certain payments to controlling exempt organizations4,sec4 #bbb4 ,extension of treatment of certain dividends of regulated investment companies4,sec4 #bbc4 ,extension of ,,ric qualified investment entity treatment under ,,firpta4,sec4 #bbd4 ,extension of subpart ,f exception for active financing income4,sec4 #bbe4 ,extension of look-thru treatment of payments between related controlled foreign corporations under foreign personal holding company rules4,sec4 #bbf4 ,extension of temporary exclusion of #ajj percent of gain on certain small business stock4,sec4 #bbg4 ,extension of basis adjustment to stock of ,s corporations making charitable contributions of property4,sec4 #bbh4 ,extension of reduction in ,s-corporation recognition period for built-in gains tax4,sec4 #bbi4 ,extension of empowerment zone tax incentives4,sec4 #bcj4 ,extension of temporary increase in limit on cover over of rum excise taxes to ,puerto ,rico and the ,virgin ,islands4,sec4 #bca4 ,extension of ,american ,samoa economic development credit4,,title ,,iii--,energy tax extenders,sec4 #cja4 ,extension of credit for energy-efficient existing homes4,sec4 #cjb4 ,extension of credit for alternative fuel vehicle refueling property4,sec4 #cjc4 ,extension of credit for #b- or #c-wheeled plug-in electric vehicles4,sec4 #cjd4 ,extension of second generation biofuel producer credit4,sec4 #cje4 ,extension of incentives for biodiesel and renewable diesel4,sec4 #cjf4 ,extension of production credit for ,indian coal facilities placed in service before #bjji4,sec4 #cjg4 ,extension of credits with respect to facilities producing energy from certain renewable resources4,sec4 #cjh4 ,extension of credit for energy-efficient new homes4,sec4 #cji4 ,extension of credits for energy-efficient appliances4,sec4 #caj4 ,extension of special allowance for second generation biofuel plant property4,sec4 #caa4 ,extension of placed in service date for election to expense certain refineries4,sec4 #cab4 ,extension of energy efficient commercial buildings deduction4,sec4 #cac4 ,extension of special rule for sales or dispositions to implement ,,ferc or ,state electric restructuring policy for qualified electric utilities4,sec4 #cad4 ,extension of alternative fuels excise tax credits4,sec4 #cae4 ,extension of alternative fuels excise tax credits relating to liquefied hydrogen4 ,i ,individual tax extenders ,a ,extensions relating to certain health coverage #aja4 ,health care tax credit 7a7 ,in general ,subparagraph 7,b7 of section #ce7;b77#a7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to coverage months beginning after ,december #ca1 #bjac4 #ajb4 ,,taa pre-certification rule for purposes of determining whether there is a #fc-;day lapse in creditable coverage 7a7 ,in general ,the following provisions are each amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae3 7#a7 ,section #ihja7;c77#b77;,d74 7#b7 ,section #gja7;c77#b77;,c7 of the ,employee ,retirement ,income ,security ,act of #aigd4 7#c7 ,section #bgja7;c77#b77;,c7 of the ,public ,health ,service ,act 7as in effect for plan years beginning before ,january #a1 #bjad74 7#d7 ,section #bgjd7;c77#b77;,c7 of the ,public ,health ,service ,act 7as in effect for plan years beginning on or after ,january #a1 #bjad74 7b7 ,effective date ,the amendments made by this section shall apply to plan years beginning after ,december #ca1 #bjac4 #ajc4 ,extension of ,,cobra benefits for certain ,,taa-eligible individuals and ,,pbgc recipients 7a7 ,in general ,the following provisions are each amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae3 7#a7 ,section #dihj;,b7f77#b77;,b77i77,v74 7#b7 ,section #dihj;,b7f77#b77;,b77i77,,vi74 7#c7 ,section #fjb7b77;,a77v7 of the ,employee ,retirement ,income ,security ,act of #aigd4 7#d7 ,section #fjb7b77;,a77vi7 of such ,act4 7#e7 ,section #bbjb7b77;,a77iv7 of the ,public ,health ,service ,act4 7b7 ,effective date ,the amendments made by this section shall apply to periods of coverage which would 7without regard to the amendments made by this section7 end on or after ,december #ca1 #bjac4 ,b ,general extensions #aaa4 ,extension of deduction for certain expenses of elementary and secondary school teachers 7a7 ,in general ,subparagraph 7,d7 of section #fb7;a77#b7 is amended by striking or #bjac and inserting #bjac1 or #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #aab4 ,extension of exclusion from gross income of discharge of qualified principal residence indebtedness 7a7 ,in general ,subparagraph 7,e7 of section #ajh7;a77#a7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to indebtedness discharged after ,december #ca1 #bjac4 #aac4 ,extension of parity for exclusion from income for employer-provided mass transit and parking benefits 7a7 ,in general ,paragraph 7#b7 of section #acb7;f7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to months after ,december #ca1 #bjac4 #aad4 ,extension of mortgage insurance premiums treated as qualified residence interest 7a7 ,in general ,subclause 7,i7 of section #afc7;h77#c77;,e77iv7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to amounts paid or accrued after ,december #ca1 #bjac4 #aae4 ,extension of deduction of ,state and local general sales taxes 7a7 ,in general ,subparagraph 7,i7 of section #afd7;b77#e7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #aaf4 ,extension of special rule for contributions of capital gain real property made for conservation purposes 7a7 ,in general ,clause 7vi7 of section #agj7;b77#a77;,e7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,contributions by certain corporate farmers and ranchers ,clause 7iii7 of section #agj7;b77#b77;,b7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7c7 ,effective date ,the amendments made by this section shall apply to contributions made in taxable years beginning after ,december #ca1 #bjac4 #aag4 ,extension of above-the-line deduction for qualified tuition and related expenses 7a7 ,in general ,subsection 7e7 of section #bbb is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #aah4 ,extension of tax-free distributions from individual retirement plans for charitable purposes 7a7 ,in general ,subparagraph 7,f7 of section #djh7;d77#h7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to distributions made in taxable years beginning after ,december #ca1 #bjac4 ,,ii ,business tax extenders #bja4 ,extension of research credit 7a7 ,in general ,subparagraph 7,b7 of section #da7;h77#a7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,conforming amendment ,subparagraph 7,d7 of section #de;,c7b77#a7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7c7 ,effective date ,the amendments made by this section shall apply to amounts paid or incurred after ,december #ca1 #bjac4 #bjb4 ,extension of temporary minimum low-income tax credit rate for non-federally subsidized new buildings 7a7 ,in general ,subparagraph 7,a7 of section #db7;b77#b7 is amended by striking before ,january #a1 #bjad and inserting before ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall take effect on ,january #a1 #bjad4 #bjc4 ,extension of housing allowance exclusion for determining area median gross income for qualified residential rental project exempt facility bonds 7a7 ,in general ,subsection 7b7 of section #cjje of the ,housing ,assistance ,tax ,act of #bjjh is amended by striking ,january #a1 #bjad each place it appears and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall take effect as if included in the enactment of section #cjje of the ,housing ,assistance ,tax ,act of #bjjh4 #bjd4 ,extension of ,indian employment tax credit 7a7 ,in general ,subsection 7f7 of section #de;,a is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #bje4 ,extension of new markets tax credit 7a7 ,in general ,subparagraph 7,g7 of section #de;,d7f77#a7 is amended by striking and #bjac and inserting #bjac1 and #bjad4 7b7 ,carryover of unused limitation ,paragraph 7#c7 of section #de;,d7f7 is amended by striking #bjah and inserting #bjai4 7c7 ,effective date ,the amendments made by this section shall apply to calendar years beginning after ,december #ca1 #bjac4 #bjf4 ,extension of railroad track maintenance credit 7a7 ,in general ,subsection 7f7 of section #de;,g is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to expenditures paid or incurred in taxable years beginning after ,december #ca1 #bjac4 #bjg4 ,extension of mine rescue team training credit 7a7 ,in general ,subsection 7e7 of section #de,n is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #bjh4 ,extension of employer wage credit for employees who are active duty members of the uniformed services 7a7 ,in general ,subsection 7f7 of section #de,p is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to payments made after ,december #ca1 #bjac4 #bji4 ,extension of work opportunity tax credit 7a7 ,in general ,subparagraph 7,b7 of section #ea7;c77#d7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to individuals who begin work for the employer after ,december #ca1 #bjac4 #baj4 ,extension of qualified zone academy bonds 7a7 ,extension 7#a7 ,in general ,paragraph 7#a7 of section #ed;,e7c7 is amended by striking and #bjac and inserting #bjac1 and #bjad4 7#b7 ,effective date ,the amendment made by this subsection shall apply to obligations issued after ,december #ca1 #bjac4 7b7 ,technical correction and conforming amendment 7#a7 ,in general ,clause 7iii7 of section #fdca7;f77#c77;,a7 is amended-- 7,a7 by striking #bjaa and inserting years after #bjaj1 and 7,b7 by striking of such allocation and inserting of any such allocation4 7#b7 ,effective date ,the amendments made by this subsection shall take effect as if included in section #caj of the ,american ,taxpayer ,relief ,act of #bjab4 #baa4 ,extension of classification of certain race horses as #c-year property 7a7 ,in general ,clause 7i7 of section #afh7;e77#c77;,a7 is amended-- 7#a7 by striking ,january #a1 #bjad in subclause 7,i7 and inserting ,january #a1 #bjae1 and 7#b7 by striking ,december #ca1 #bjac in subclause 7,,ii7 and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #bab4 ,extension of #ae-year straight-line cost recovery for qualified leasehold improvements1 qualified restaurant buildings and improvements1 and qualified retail improvements 7a7 ,in general ,clauses 7iv71 7v71 and 7ix7 of section #afh7;e77#c77;,e7 are each amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendments made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #bac4 ,extension of #g-year recovery period for motorsports entertainment complexes 7a7 ,in general ,subparagraph 7,d7 of section #afh7;i77#ae7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #bad4 ,extension of accelerated depreciation for business property on an ,indian reservation 7a7 ,in general ,paragraph 7#h7 of section #afh7;j7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #bae4 ,extension of bonus depreciation 7a7 ,in general ,paragraph 7#b7 of section #afh7k7 is amended-- 7#a7 by striking ,january #a1 #bjae in subparagraph 7,a77iv7 and inserting ,january #a1 #bjaf1 and 7#b7 by striking ,january #a1 #bjad each place it appears and inserting ,january #a1 #bjae4 7b7 ,special rule for ,federal long-,term contracts ,clause 7ii7 of section #dfj7;c77#f77;,b7 is amended by striking ,january #a1 #bjad 7,january #a1 #bjae and inserting ,january #a1 #bjae 7,january #a1 #bjaf4 7c7 ,extension of election ,to accelerate the ,,amt credit in lieu of bonus depreciation 7#a7 ,in general ,subclause 7,,ii7 of section #afh7k77#d77;,d77iii7 is amended by striking #bjad and inserting #bjae4 7#b7 ,round #d extension property ,paragraph 7#d7 of section #afh7k7 is amended by adding at the end the following new subparagraph3 7,k7 ,special rules for round #d extension property 7i7 ,in general ,in the case of round #d extension property1 this paragraph shall be applied without regard to-- 7,i7 the limitation described in subparagraph 7,b77i7 thereof1 and 7,,ii7 the business credit increase amount under subparagraph 7,e77iii7 thereof4 7ii7 ,taxpayers previously electing acceleration ,in the case of a taxpayer who made the election under subparagraph 7,a7 for its first taxable year ending after ,march #ca1 #bjjh1 a taxpayer who made the election under subparagraph 7,h77ii7 for its first taxable year ending after ,december #ca1 #bjjh1 a taxpayer who made the election under subparagraph 7,i77iii7 for its first taxable year ending after ,december #ca1 #bjaj1 or a taxpayer who made the election under subparagraph 7,j77iii7 for its first taxable year ending after ,december #ca1 #bjab-- 7,i7 the taxpayer may elect not to have this paragraph apply to round #d extension property1 but 7,,ii7 if the taxpayer does not make the election under subclause 7,i71 in applying this paragraph to the taxpayer the bonus depreciation amount1 maximum amount1 and maximum increase amount shall be computed and applied to eligible qualified property which is round #d extension property4 ,the amounts described in subclause 7,,ii7 shall be computed separately from any amounts computed with respect to eligible qualified property which is not round #d extension property4 7iii7 ,taxpayers not previously electing acceleration ,in the case of a taxpayer who neither made the election under subparagraph 7,a7 for its first taxable year ending after ,march #ca1 #bjjh1 nor made the election under subparagraph 7,h77ii7 for its first taxable year ending after ,december #ca1 #bjjh1 nor made the election under subparagraph 7,i77iii7 for its first taxable year ending after ,december #ca1 #bjaj1 nor made the election under subparagraph 7,j77iii7 for its first taxable year ending after ,december #ca1 #bjab-- 7,i7 the taxpayer may elect to have this paragraph apply to its first taxable year ending after ,december #ca1 #bjac1 and each subsequent taxable year1 and 7,,ii7 if the taxpayer makes the election under subclause 7,i71 this paragraph shall only apply to eligible qualified property which is round #d extension property4 7iv7 ,round #d extension property ,for purposes of this subparagraph1 the term round #d extension property means property which is eligible qualified property solely by reason of the extension of the application of the special allowance under paragraph 7#a7 pursuant to the amendments made by section #bae7;a7 of the ,tax ,extenders ,act of #bjac 7and the application of such extension to this paragraph pursuant to the amendment made by section #bae7;c7 of such ,act74 4 7d7 ,conforming amendments 7#a7 ,the heading for subsection 7k7 of section #afh is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7#b7 ,the heading for clause 7ii7 of section #afh7k77#b77;,b7 is amended by striking pre-,january #a1 #bjad and inserting pre-,january #a1 #bjae4 7#c7 ,subparagraph 7,c7 of section #afh7n77#b7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7#d7 ,subparagraph 7,d7 of section #adjj,l7b77#b7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7#e7 ,subparagraph 7,b7 of section #adjj,n7d77#c7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7e7 ,effective date ,the amendments made by this section shall apply to property placed in service after ,december #ca1 #bjac1 in taxable years ending after such date4 #baf4 ,extension of enhanced charitable deduction for contributions of food inventory 7a7 ,in general ,clause 7iv7 of section #agj7;e77#c77;,c7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to contributions made after ,december #ca1 #bjac4 #bag4 ,extension of increased expensing limitations and treatment of certain real property as section #agi property 7a7 ,in general 7#a7 ,dollar limitation ,section #agi7;b77#a7 is amended-- 7,a7 by striking or #bjac in subparagraph 7,b7 and inserting #bjac1 or #bjad1 and 7,b7 by striking #bjac in subparagraph 7,c7 and inserting #bjad4 7#b7 ,reduction in limitation ,section #agi7;b77#b7 is amended-- 7,a7 by striking or #bjac in subparagraph 7,b7 and inserting #bjac1 or #bjad1 and 7,b7 by striking #bjac in subparagraph 7,c7 and inserting #bjad4 7b7 ,computer software ,section #agi7;d77#a77;,a77ii7 is amended by striking #bjad and inserting #bjae4 7c7 ,election ,section #agi7;c77#b7 is amended by striking #bjad and inserting #bjae4 7d7 ,special rules for treatment of qualified real property 7#a7 ,in general ,section #agi7;f77#a7 is amended by striking or #bjac and inserting #bjac1 or #bjad4 7#b7 ,carryover limitation 7,a7 ,in general ,section #agi7;f77#d7 is amended by striking #bjac each place it appears and inserting #bjad4 7,b7 ,conforming amendment ,the heading of subparagraph 7,c7 of section #agi7;f77#d7 is amended by striking #bjaa and #bjab and inserting #bjaa1 #bjab1 and #bjac4 7e7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #bah4 ,extension of election to expense mine safety equipment 7a7 ,in general ,subsection 7g7 of section #agi;,e is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #bai4 ,extension of special expensing rules for certain film and television productions 7a7 ,in general ,subsection 7f7 of section #aha is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to productions commencing after ,december #ca1 #bjac4 #bbj4 ,extension of deduction allowable with respect to income attributable to domestic production activities in ,puerto ,rico 7a7 ,in general ,subparagraph 7,c7 of section #aii7;d77#h7 is amended-- 7#a7 by striking first #h taxable years and inserting first #i taxable years1 and 7#b7 by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #bba4 ,extension of modification of tax treatment of certain payments to controlling exempt organizations 7a7 ,in general ,clause 7iv7 of section #eab7;b77#ac77;,e7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to payments received or accrued after ,december #ca1 #bjac4 #bbb4 ,extension of treatment of certain dividends of regulated investment companies 7a7 ,in general ,paragraphs 7#a77;,c77v7 and 7#b77;,c77v7 of section #hga7k7 are each amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #bbc4 ,extension of ,,ric qualified investment entity treatment under ,,firpta 7a7 ,in general ,clause 7ii7 of section #hig7;h77#d77;,a7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall take effect on ,january #a1 #bjad4 #bbd4 ,extension of subpart ,f exception for active financing income 7a7 ,exempt insurance income ,paragraph 7#aj7 of section #iec7;e7 is amended-- 7#a7 by striking ,january #a1 #bjad and inserting ,january #a1 #bjae1 and 7#b7 by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,special rule for income derived in the active conduct of banking1 financing1 or similar businesses ,paragraph 7#i7 of section #ied7;h7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years of foreign corporations beginning after ,december #ca1 #bjac1 and to taxable years of ,united ,states shareholders with or within which any such taxable year of such foreign corporation ends4 #bbe4 ,extension of look-thru treatment of payments between related controlled foreign corporations under foreign personal holding company rules 7a7 ,in general ,subparagraph 7,c7 of section #ied7;c77#f7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years of foreign corporations beginning after ,december #ca1 #bjac1 and to taxable years of ,united ,states shareholders with or within which such taxable years of foreign corporations end4 #bbf4 ,extension of temporary exclusion of #ajj percent of gain on certain small business stock 7a7 ,in general ,paragraph 7#d7 of section #abjb7;a7 is amended-- 7#a7 by striking ,january #a1 #bjad and inserting ,january #a1 #bjae1 and 7#b7 by striking and #bjac in the heading and inserting #bjac1 and #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to stock acquired after ,december #ca1 #bjac4 #bbg4 ,extension of basis adjustment to stock of ,s corporations making charitable contributions of property 7a7 ,in general ,paragraph 7#b7 of section #acfg7;a7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to contributions made in taxable years beginning after ,december #ca1 #bjac4 #bbh4 ,extension of reduction in ,s-corporation recognition period for built-in gains tax 7a7 ,in general ,subparagraph 7,c7 of section #acgd7;d77#g7 is amended-- 7#a7 by striking #bjab or #bjac and inserting #bjab1 #bjac1 or #bjad1 and 7#b7 by striking #bjab and #bjac in the heading and inserting #bjab1 #bjac1 and #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 #bbi4 ,extension of empowerment zone tax incentives 7a7 ,in general ,clause 7i7 of section #acia7;d77#a77;,a7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,treatment of certain termination dates specified in nominations ,in the case of a designation of an empowerment zone the nomination for which included a termination date which is contemporaneous with the date specified in subparagraph 7,a77i7 of section #acia7;d77#a7 of the ,internal ,revenue ,code of #aihf 7as in effect before the enactment of this ,act71 subparagraph 7,b7 of such section shall not apply with respect to such designation if1 after the date of the enactment of this section1 the entity which made such nomination amends the nomination to provide for a new termination date in such manner as the ,secretary of the ,treasury 7or the ,secretary's designee7 may provide4 7c7 ,effective date ,the amendment made by this section shall apply to periods after ,december #ca1 #bjac4 #bcj4 ,extension of temporary increase in limit on cover over of rum excise taxes to ,puerto ,rico and the ,virgin ,islands 7a7 ,in general ,paragraph 7#a7 of section #gfeb7;f7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to distilled spirits brought into the ,united ,states after ,december #ca1 #bjac4 #bca4 ,extension of ,american ,samoa economic development credit 7a7 ,in general ,subsection 7d7 of section #aai of division ,a of the ,tax ,relief and ,health ,care ,act of #bjjf is amended-- 7#a7 by striking ,january #a1 #bjad each place it appears and inserting ,january #a1 #bjae1 7#b7 by striking first #h taxable years in paragraph 7#a7 and inserting first #i taxable years1 and 7#c7 by striking first #b taxable years in paragraph 7#b7 and inserting first #c taxable years4 7b7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjac4 ,,iii ,energy tax extenders #cja4 ,extension of credit for energy-efficient existing homes 7a7 ,in general ,paragraph 7#b7 of section #be;,c7g7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #cjb4 ,extension of credit for alternative fuel vehicle refueling property 7a7 ,in general ,subsection 7g7 of section #cj;,c is amended by striking placed in service and all that follows and inserting placed in service after ,december #ca1 #bjad44 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #cjc4 ,extension of credit for #b- or #c-wheeled plug-in electric vehicles 7a7 ,in general ,subparagraph 7,e7 of section #cj;,d7g77#c7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendments made by this section shall apply to vehicles acquired after ,december #ca1 #bjac4 #cjd4 ,extension of second generation biofuel producer credit 7a7 ,in general ,clause 7i7 of section #dj7;b77#f77;,j7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this subsection shall apply to fuel sold or used after ,december #ca1 #bjac4 #cje4 ,extension of incentives for biodiesel and renewable diesel 7a7 ,credits for biodiesel and renewable diesel used as fuel ,subsection 7g7 of section #dj;,a is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,excise tax credits and outlay payments for biodiesel and renewable diesel fuel mixtures 7#a7 ,paragraph 7#f7 of section #fdbf7;c7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7#b7 ,subparagraph 7,b7 of section #fdbg7;e77#f7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7c7 ,effective date ,the amendments made by this section shall apply to fuel sold or used after ,december #ca1 #bjac4 #cjf4 ,extension of production credit for ,indian coal facilities placed in service before #bjji 7a7 ,in general ,subparagraph 7,a7 of section #de7;e77#aj7 is amended by striking #h-year period each place it appears and inserting #i-year period4 7b7 ,effective date ,the amendment made by this section shall apply to coal produced after ,december #ca1 #bjac4 #cjg4 ,extension of credits with respect to facilities producing energy from certain renewable resources 7a7 ,in general ,the following provisions of section #de7;d7 are each amended by striking ,january #a1 #bjad each place it appears and inserting ,january #a1 #bjae3 7#a7 ,paragraph 7#a74 7#b7 ,paragraph 7#b77;,a74 7#c7 ,paragraph 7#c77;,a74 7#d7 ,paragraph 7#d77;,b74 7#e7 ,paragraph 7#f74 7#f7 ,paragraph 7#g74 7#g7 ,paragraph 7#i74 7#h7 ,paragraph 7#aa77;,b74 7b7 ,extension of election to treat qualified facilities as energy property ,clause 7ii7 of section #dh7;a77#e77;,c7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7c7 ,effective dates ,the amendments made by this section shall take effect on ,january #a1 #bjad4 #cjh4 ,extension of credit for energy-efficient new homes 7a7 ,in general ,subsection 7g7 of section #de,l is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to homes acquired after ,december #ca1 #bjac4 #cji4 ,extension of credits for energy-efficient appliances 7a7 ,in general ,subsection 7b7 of section #de,m is amended by striking or #bjac each place it appears in paragraphs 7#a77;,e71 7#b77;,f71 and 7#c77;,f7 and inserting #bjac1 or #bjad4 7b7 ,effective date ,the amendments made by this section shall apply to appliances produced after ,december #ca1 #bjac4 #caj4 ,extension of special allowance for second generation biofuel plant property 7a7 ,in general ,subparagraph 7,d7 of section #afh7l77#b7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #caa4 ,extension of placed in service date for election to expense certain refineries 7a7 ,in general ,subparagraph 7,b7 of section #agi;,c7c77#a7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #cab4 ,extension of energy efficient commercial buildings deduction 7a7 ,in general ,subsection 7h7 of section #agi;,d is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #cac4 ,extension of special rule for sales or dispositions to implement ,,ferc or ,state electric restructuring policy for qualified electric utilities 7a7 ,in general ,paragraph 7#c7 of section #dea7;i7 is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to dispositions after ,december #ca1 #bjac4 #cad4 ,extension of alternative fuels excise tax credits 7a7 ,in general ,sections #fdbf7;d77#e7 and #fdbf7;e77#c7 are each amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7b7 ,outlay payments for alternative fuels ,subparagraph 7,c7 of section #fdbg7;e77#f7 is amended by striking ,december #ca1 #bjac and inserting ,december #ca1 #bjad4 7c7 ,effective date ,the amendments made by this section shall apply to fuel sold or used after ,december #ca1 #bjac4 #cae4 ,extension of alternative fuels excise tax credits relating to liquefied hydrogen 7a7 ,in general ,sections #fdbf7;d77#e7 and #fdbf7;e77#c71 as amended by this ,act1 are each amended by striking #bjad 7,september #cj1 #bjad in the case of any sale or use involving liquefied hydrogen7 and inserting #bjad4 7b7 ,outlay payments for alternative fuels ,paragraph 7#f7 of section #fdbg7;e7 is amended-- 7#a7 by striking except as provided in subparagraph 7,d71 any in subparagraph 7,c71 as amended by this ,act1 and inserting any1 and 7#b7 by striking subparagraph 7,d7 and redesignating subparagraph 7,e7 as subparagraph 7,d74 7c7 ,effective date ,the amendments made by this section shall apply to fuels sold or used after ,september #cj1 #bjad4 ,december #bj1 #bjac,read the second time and placed on the calendar