,,ii ,cal5d> ,no4 #bhg #aac? ,,congress #a/ ,session ,s4 #ahei ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #ai1 #bjac,mr4 ,reid introduc$ ! foll[+ bill ,decemb] #bj 7legislative day1 ,decemb] #ai71 #bjac ,read ! fir/ "t ,decemb] #bj1 #bjac,read ! second "t & plac$ on ! cal5d> ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to ext5d c]ta9 expir+ provisions1 & = o!r purposes4 #a4 ,%ort title1 etc 7a7 ,%ort title ,?is ,act may be cit$ z ! ,tax ,ext5d]s ,act ( #bjac4 7b7 ,am5dm5t ( #aihf ,code ,except z o!rwise expressly provid$1 :5ev] 9 ?is ,act an am5dm5t or repeal is express$ 9 t]ms ( an am5dm5t to1 or repeal (1 a section or o!r provision1 ! ref]5ce %all be consid]$ to be made to a section or o!r provision ( ! ,int]nal ,rev5ue ,code ( #aihf4 7c7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title1 etc4,,title ,i--,individual tax extenders,subtitle ,a--,ext5sions relat+ to c]ta9 heal? coverage,sec4 #aja4 ,heal? c>e tax cr$it4,sec4 #ajb4 ,,taa pre-c]tification rule = purposes ( det]m9+ :e!r !re is a #fc-;day lapse 9 cr$itable cov]age4,sec4 #ajc4 ,ext5sion ( ,,cobra b5efits = c]ta9 ,,taa-eligible individuals & ,,pbgc recipi5ts4,subtitle ,b--,g5]al extensions,sec4 #aaa4 ,ext5sion ( d$uction = c]ta9 exp5ses ( elem5t>y & second>y s*ool tea*]s4,sec4 #aab4 ,ext5sion ( exclusion f gross income ( dis*>ge ( qualifi$ pr9cipal resid5ce indebt$ness4,sec4 #aac4 ,ext5sion ( p>ity = exclusion f income = employ]-provid$ mass transit & p>k+ b5efits4,sec4 #aad4 ,ext5sion ( mortgage insurance premiums treat$ z qualifi$ resid5ce int]e/4,sec4 #aae4 ,ext5sion ( d$uction ( ,/ate & local g5]al sales taxes4,sec4 #aaf4 ,ext5sion ( special rule = contributions ( capital ga9 real prop]ty made = cons]vation purposes4,sec4 #aag4 ,ext5sion ( above-!-l9e d$uction = qualifi$ tuition & relat$ exp5ses4,sec4 #aah4 ,ext5sion ( tax-free di/ributions f individual retirem5t plans = *>itable purposes4,,title ,,ii--,bus9ess tax extenders,sec4 #bja4 ,ext5sion ( rese>* cr$it4,sec4 #bjb4 ,ext5sion ( tempor>y m9imum l[-income tax cr$it rate = non-f$]ally subsidiz$ new build+s4,sec4 #bjc4 ,ext5sion ( h\s+ all[ance exclusion = det]m9+ area m$ian gross income = qualifi$ resid5tial r5tal project exempt facility bonds4,sec4 #bjd4 ,ext5sion ( ,indian employm5t tax cr$it4,sec4 #bje4 ,ext5sion ( new m>kets tax cr$it4,sec4 #bjf4 ,ext5sion ( railroad track ma9t5ance cr$it4,sec4 #bjg4 ,ext5sion ( m9e rescue team tra9+ cr$it4,sec4 #bjh4 ,ext5sion ( employ] wage cr$it = employees :o are active duty memb]s ( ! uni=m$ s]vices4,sec4 #bji4 ,ext5sion ( "w opportunity tax cr$it4,sec4 #baj4 ,ext5sion ( qualifi$ zone academy bonds4,sec4 #baa4 ,ext5sion ( classification ( c]ta9 race horses z #c-ye> prop]ty4,sec4 #bab4 ,ext5sion ( #ae-ye> /raight-l9e co/ recov]y = qualifi$ leasehold improvem5ts1 qualifi$ re/aurant build+s & improvem5ts1 & qualifi$ retail improvem5ts4,sec4 #bac4 ,ext5sion ( #g-ye> recov]y p]iod = motorsports ent]ta9m5t complexes4,sec4 #bad4 ,ext5sion ( accel]at$ depreciation = bus9ess prop]ty on an ,indian res]vation4,sec4 #bae4 ,ext5sion ( bonus depreciation4,sec4 #baf4 ,ext5sion ( enhanc$ *>itable d$uction = contributions ( food inv5tory4,sec4 #bag4 ,ext5sion ( increas$ exp5s+ limitations & treatm5t ( c]ta9 real prop]ty z section #agi prop]ty4,sec4 #bah4 ,ext5sion ( election to exp5se m9e safety equipm5t4,sec4 #bai4 ,ext5sion ( special exp5s+ rules = c]ta9 film & television productions4,sec4 #bbj4 ,ext5sion ( d$uction all[able ) respect to income attributable to dome/ic production activities 9 ,pu]to ,rico4,sec4 #bba4 ,ext5sion ( modification ( tax treatm5t ( c]ta9 paym5ts to controll+ exempt organizations4,sec4 #bbb4 ,ext5sion ( treatm5t ( c]ta9 divid5ds ( regulat$ inve/m5t companies4,sec4 #bbc4 ,ext5sion ( ,,ric qualifi$ inve/m5t entity treatm5t "u ,,firpta4,sec4 #bbd4 ,ext5sion ( subp>t ,f exception = active f9anc+ income4,sec4 #bbe4 ,ext5sion ( look-?ru treatm5t ( paym5ts betwe5 relat$ controll$ =eign corporations "u =eign p]sonal hold+ company rules4,sec4 #bbf4 ,ext5sion ( tempor>y exclusion ( #ajj p]c5t ( ga9 on c]ta9 small bus9ess /ock4,sec4 #bbg4 ,ext5sion ( basis adju/m5t to /ock ( ,s corporations mak+ *>itable contributions ( prop]ty4,sec4 #bbh4 ,ext5sion ( r$uction 9 ,s-corporation recognition p]iod = built-9 ga9s tax4,sec4 #bbi4 ,ext5sion ( emp[]m5t zone tax inc5tives4,sec4 #bcj4 ,ext5sion ( tempor>y increase 9 limit on cov] ov] ( rum excise taxes to ,pu]to ,rico & ! ,virg9 ,isl&s4,sec4 #bca4 ,ext5sion ( ,am]ican ,samoa economic developm5t cr$it4,,title ,,iii--,en]gy tax extenders,sec4 #cja4 ,ext5sion ( cr$it = en]gy-effici5t exi/+ homes4,sec4 #cjb4 ,ext5sion ( cr$it = alt]native fuel vehicle refuel+ prop]ty4,sec4 #cjc4 ,ext5sion ( cr$it = #b- or #c-:eel$ plug-9 electric vehicles4,sec4 #cjd4 ,ext5sion ( second g5]ation bi(uel produc] cr$it4,sec4 #cje4 ,ext5sion ( inc5tives = biodiesel & r5ewable diesel4,sec4 #cjf4 ,ext5sion ( production cr$it = ,indian coal facilities plac$ 9 s]vice be=e #bjji4,sec4 #cjg4 ,ext5sion ( cr$its ) respect to facilities produc+ en]gy f c]ta9 r5ewable res\rces4,sec4 #cjh4 ,ext5sion ( cr$it = en]gy-effici5t new homes4,sec4 #cji4 ,ext5sion ( cr$its = en]gy-effici5t appliances4,sec4 #caj4 ,ext5sion ( special all[ance = second g5]ation bi(uel plant prop]ty4,sec4 #caa4 ,ext5sion ( plac$ 9 s]vice date = election to exp5se c]ta9 ref9]ies4,sec4 #cab4 ,ext5sion ( en]gy effici5t comm]cial build+s d$uction4,sec4 #cac4 ,ext5sion ( special rule = sales or dispositions to implem5t ,,f]c or ,/ate electric re/ructur+ policy = qualifi$ electric utilities4,sec4 #cad4 ,ext5sion ( alt]native fuels excise tax cr$its4,sec4 #cae4 ,ext5sion ( alt]native fuels excise tax cr$its relat+ to liquefi$ hydrog54 ,i ,individual tax ext5d]s ,a ,ext5sions relat+ to c]ta9 heal? cov]age #aja4 ,heal? c>e tax cr$it 7a7 ,9 g5]al ,subp>agraph 7,b7 ( section #ce7;b77#a7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to cov]age mon?s beg9n+ aft] ,decemb] #ca1 #bjac4 #ajb4 ,,taa pre-c]tification rule = purposes ( det]m9+ :e!r !re is a #fc-;day lapse 9 cr$itable cov]age 7a7 ,9 g5]al ,! foll[+ provisions are ea* am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae3 7#a7 ,section #ihja7;c77#b77;,d74 7#b7 ,section #gja7;c77#b77;,c7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd4 7#c7 ,section #bgja7;c77#b77;,c7 ( ! ,public ,heal? ,s]vice ,act 7z 9 effect = plan ye>s beg9n+ be=e ,janu>y #a1 #bjad74 7#d7 ,section #bgjd7;c77#b77;,c7 ( ! ,public ,heal? ,s]vice ,act 7z 9 effect = plan ye>s beg9n+ on or aft] ,janu>y #a1 #bjad74 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #ajc4 ,ext5sion ( ,,cobra b5efits = c]ta9 ,,taa-eligible individuals & ,,pbgc recipi5ts 7a7 ,9 g5]al ,! foll[+ provisions are ea* am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae3 7#a7 ,section #dihj;,b7f77#b77;,b77i77,v74 7#b7 ,section #dihj;,b7f77#b77;,b77i77,,vi74 7#c7 ,section #fjb7b77;,a77v7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd4 7#d7 ,section #fjb7b77;,a77vi7 ( su* ,act4 7#e7 ,section #bbjb7b77;,a77iv7 ( ! ,public ,heal? ,s]vice ,act4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to p]iods ( cov]age :i* w\ld 7)\t reg>d to ! am5dm5ts made by ?is section7 end on or aft] ,decemb] #ca1 #bjac4 ,b ,g5]al ext5sions #aaa4 ,ext5sion ( d$uction = c]ta9 exp5ses ( elem5t>y & second>y s*ool tea*]s 7a7 ,9 g5]al ,subp>agraph 7,d7 ( section #fb7;a77#b7 is am5d$ by /rik+ or #bjac & ins]t+ #bjac1 or #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #aab4 ,ext5sion ( exclusion f gross income ( dis*>ge ( qualifi$ pr9cipal resid5ce indebt$ness 7a7 ,9 g5]al ,subp>agraph 7,e7 ( section #ajh7;a77#a7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to indebt$ness dis*>g$ aft] ,decemb] #ca1 #bjac4 #aac4 ,ext5sion ( p>ity = exclusion f income = employ]-provid$ mass transit & p>k+ b5efits 7a7 ,9 g5]al ,p>agraph 7#b7 ( section #acb7;f7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to mon?s aft] ,decemb] #ca1 #bjac4 #aad4 ,ext5sion ( mortgage insurance premiums treat$ z qualifi$ resid5ce int]e/ 7a7 ,9 g5]al ,subclause 7,i7 ( section #afc7;h77#c77;,e77iv7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to am\nts paid or accru$ aft] ,decemb] #ca1 #bjac4 #aae4 ,ext5sion ( d$uction ( ,/ate & local g5]al sales taxes 7a7 ,9 g5]al ,subp>agraph 7,i7 ( section #afd7;b77#e7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #aaf4 ,ext5sion ( special rule = contributions ( capital ga9 real prop]ty made = cons]vation purposes 7a7 ,9 g5]al ,clause 7vi7 ( section #agj7;b77#a77;,e7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,contributions by c]ta9 corporate f>m]s & ran*]s ,clause 7iii7 ( section #agj7;b77#b77;,b7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to contributions made 9 taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #aag4 ,ext5sion ( above-!-l9e d$uction = qualifi$ tuition & relat$ exp5ses 7a7 ,9 g5]al ,subsection 7e7 ( section #bbb is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #aah4 ,ext5sion ( tax-free di/ributions f individual retirem5t plans = *>itable purposes 7a7 ,9 g5]al ,subp>agraph 7,f7 ( section #djh7;d77#h7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to di/ributions made 9 taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 ,,ii ,bus9ess tax ext5d]s #bja4 ,ext5sion ( rese>* cr$it 7a7 ,9 g5]al ,subp>agraph 7,b7 ( section #da7;h77#a7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,con=m+ am5dm5t ,subp>agraph 7,d7 ( section #de;,c7b77#a7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to am\nts paid or incurr$ aft] ,decemb] #ca1 #bjac4 #bjb4 ,ext5sion ( tempor>y m9imum l[-income tax cr$it rate = non-f$]ally subsidiz$ new build+s 7a7 ,9 g5]al ,subp>agraph 7,a7 ( section #db7;b77#b7 is am5d$ by /rik+ be=e ,janu>y #a1 #bjad & ins]t+ be=e ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all take effect on ,janu>y #a1 #bjad4 #bjc4 ,ext5sion ( h\s+ all[ance exclusion = det]m9+ area m$ian gross income = qualifi$ resid5tial r5tal project exempt facility bonds 7a7 ,9 g5]al ,subsection 7b7 ( section #cjje ( ! ,h\s+ ,assi/ance ,tax ,act ( #bjjh is am5d$ by /rik+ ,janu>y #a1 #bjad ea* place x appe>s & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all take effect z if includ$ 9 ! enactm5t ( section #cjje ( ! ,h\s+ ,assi/ance ,tax ,act ( #bjjh4 #bjd4 ,ext5sion ( ,indian employm5t tax cr$it 7a7 ,9 g5]al ,subsection 7f7 ( section #de;,a is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bje4 ,ext5sion ( new m>kets tax cr$it 7a7 ,9 g5]al ,subp>agraph 7,g7 ( section #de;,d7f77#a7 is am5d$ by /rik+ & #bjac & ins]t+ #bjac1 & #bjad4 7b7 ,c>ryov] ( unus$ limitation ,p>agraph 7#c7 ( section #de;,d7f7 is am5d$ by /rik+ #bjah & ins]t+ #bjai4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to cal5d> ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bjf4 ,ext5sion ( railroad track ma9t5ance cr$it 7a7 ,9 g5]al ,subsection 7f7 ( section #de;,g is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to exp5ditures paid or incurr$ 9 taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bjg4 ,ext5sion ( m9e rescue team tra9+ cr$it 7a7 ,9 g5]al ,subsection 7e7 ( section #de,n is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bjh4 ,ext5sion ( employ] wage cr$it = employees :o are active duty memb]s ( ! uni=m$ s]vices 7a7 ,9 g5]al ,subsection 7f7 ( section #de,p is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to paym5ts made aft] ,decemb] #ca1 #bjac4 #bji4 ,ext5sion ( "w opportunity tax cr$it 7a7 ,9 g5]al ,subp>agraph 7,b7 ( section #ea7;c77#d7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to individuals :o beg9 "w = ! employ] aft] ,decemb] #ca1 #bjac4 #baj4 ,ext5sion ( qualifi$ zone academy bonds 7a7 ,ext5sion 7#a7 ,9 g5]al ,p>agraph 7#a7 ( section #ed;,e7c7 is am5d$ by /rik+ & #bjac & ins]t+ #bjac1 & #bjad4 7#b7 ,effective date ,! am5dm5t made by ?is subsection %all apply to obligations issu$ aft] ,decemb] #ca1 #bjac4 7b7 ,te*nical correction & con=m+ am5dm5t 7#a7 ,9 g5]al ,clause 7iii7 ( section #fdca7;f77#c77;,a7 is am5d$-- 7,a7 by /rik+ #bjaa & ins]t+ ye>s aft] #bjaj1 & 7,b7 by /rik+ ( su* allocation & ins]t+ ( any su* allocation4 7#b7 ,effective date ,! am5dm5ts made by ?is subsection %all take effect z if includ$ 9 section #caj ( ! ,am]ican ,taxpay] ,relief ,act ( #bjab4 #baa4 ,ext5sion ( classification ( c]ta9 race horses z #c-ye> prop]ty 7a7 ,9 g5]al ,clause 7i7 ( section #afh7;e77#c77;,a7 is am5d$-- 7#a7 by /rik+ ,janu>y #a1 #bjad 9 subclause 7,i7 & ins]t+ ,janu>y #a1 #bjae1 & 7#b7 by /rik+ ,decemb] #ca1 #bjac 9 subclause 7,,ii7 & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #bab4 ,ext5sion ( #ae-ye> /raight-l9e co/ recov]y = qualifi$ leasehold improvem5ts1 qualifi$ re/aurant build+s & improvem5ts1 & qualifi$ retail improvem5ts 7a7 ,9 g5]al ,clauses 7iv71 7v71 & 7ix7 ( section #afh7;e77#c77;,e7 are ea* am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #bac4 ,ext5sion ( #g-ye> recov]y p]iod = motorsports ent]ta9m5t complexes 7a7 ,9 g5]al ,subp>agraph 7,d7 ( section #afh7;i77#ae7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #bad4 ,ext5sion ( accel]at$ depreciation = bus9ess prop]ty on an ,indian res]vation 7a7 ,9 g5]al ,p>agraph 7#h7 ( section #afh7;j7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #bae4 ,ext5sion ( bonus depreciation 7a7 ,9 g5]al ,p>agraph 7#b7 ( section #afh7k7 is am5d$-- 7#a7 by /rik+ ,janu>y #a1 #bjae 9 subp>agraph 7,a77iv7 & ins]t+ ,janu>y #a1 #bjaf1 & 7#b7 by /rik+ ,janu>y #a1 #bjad ea* place x appe>s & ins]t+ ,janu>y #a1 #bjae4 7b7 ,special rule = ,f$]al long-,t]m contracts ,clause 7ii7 ( section #dfj7;c77#f77;,b7 is am5d$ by /rik+ ,janu>y #a1 #bjad 7,janu>y #a1 #bjae & ins]t+ ,janu>y #a1 #bjae 7,janu>y #a1 #bjaf4 7c7 ,ext5sion ( election ,to accel]ate ! ,,amt cr$it 9 lieu ( bonus depreciation 7#a7 ,9 g5]al ,subclause 7,,ii7 ( section #afh7k77#d77;,d77iii7 is am5d$ by /rik+ #bjad & ins]t+ #bjae4 7#b7 ,r\nd #d ext5sion prop]ty ,p>agraph 7#d7 ( section #afh7k7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,k7 ,special rules = r\nd #d ext5sion prop]ty 7i7 ,9 g5]al ,9 ! case ( r\nd #d ext5sion prop]ty1 ?is p>agraph %all be appli$ )\t reg>d to-- 7,i7 ! limitation describ$ 9 subp>agraph 7,b77i7 !re(1 & 7,,ii7 ! bus9ess cr$it increase am\nt "u subp>agraph 7,e77iii7 !re(4 7ii7 ,taxpay]s previ\sly elect+ accel]ation ,9 ! case ( a taxpay] :o made ! election "u subp>agraph 7,a7 = its fir/ taxable ye> end+ aft] ,m>* #ca1 #bjjh1 a taxpay] :o made ! election "u subp>agraph 7,h77ii7 = its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjjh1 a taxpay] :o made ! election "u subp>agraph 7,i77iii7 = its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjaj1 or a taxpay] :o made ! election "u subp>agraph 7,j77iii7 = its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjab-- 7,i7 ! taxpay] may elect n to h ?is p>agraph apply to r\nd #d ext5sion prop]ty1 b 7,,ii7 if ! taxpay] does n make ! election "u subclause 7,i71 9 apply+ ?is p>agraph to ! taxpay] ! bonus depreciation am\nt1 maximum am\nt1 & maximum increase am\nt %all be comput$ & appli$ to eligible qualifi$ prop]ty :i* is r\nd #d ext5sion prop]ty4 ,! am\nts describ$ 9 subclause 7,,ii7 %all be comput$ sep>ately f any am\nts comput$ ) respect to eligible qualifi$ prop]ty :i* is n r\nd #d ext5sion prop]ty4 7iii7 ,taxpay]s n previ\sly elect+ accel]ation ,9 ! case ( a taxpay] :o nei!r made ! election "u subp>agraph 7,a7 = its fir/ taxable ye> end+ aft] ,m>* #ca1 #bjjh1 nor made ! election "u subp>agraph 7,h77ii7 = its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjjh1 nor made ! election "u subp>agraph 7,i77iii7 = its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjaj1 nor made ! election "u subp>agraph 7,j77iii7 = its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjab-- 7,i7 ! taxpay] may elect to h ?is p>agraph apply to its fir/ taxable ye> end+ aft] ,decemb] #ca1 #bjac1 & ea* subsequ5t taxable ye>1 & 7,,ii7 if ! taxpay] makes ! election "u subclause 7,i71 ?is p>agraph %all only apply to eligible qualifi$ prop]ty :i* is r\nd #d ext5sion prop]ty4 7iv7 ,r\nd #d ext5sion prop]ty ,= purposes ( ?is subp>agraph1 ! t]m r\nd #d ext5sion prop]ty means prop]ty :i* is eligible qualifi$ prop]ty solely by reason ( ! ext5sion ( ! application ( ! special all[ance "u p>agraph 7#a7 pursuant to ! am5dm5ts made by section #bae7;a7 ( ! ,tax ,ext5d]s ,act ( #bjac 7& ! application ( su* ext5sion to ?is p>agraph pursuant to ! am5dm5t made by section #bae7;c7 ( su* ,act74 4 7d7 ,con=m+ am5dm5ts 7#a7 ,! head+ = subsection 7k7 ( section #afh is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7#b7 ,! head+ = clause 7ii7 ( section #afh7k77#b77;,b7 is am5d$ by /rik+ pre-,janu>y #a1 #bjad & ins]t+ pre-,janu>y #a1 #bjae4 7#c7 ,subp>agraph 7,c7 ( section #afh7n77#b7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7#d7 ,subp>agraph 7,d7 ( section #adjj,l7b77#b7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7#e7 ,subp>agraph 7,b7 ( section #adjj,n7d77#c7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac1 9 taxable ye>s end+ aft] su* date4 #baf4 ,ext5sion ( enhanc$ *>itable d$uction = contributions ( food inv5tory 7a7 ,9 g5]al ,clause 7iv7 ( section #agj7;e77#c77;,c7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to contributions made aft] ,decemb] #ca1 #bjac4 #bag4 ,ext5sion ( increas$ exp5s+ limitations & treatm5t ( c]ta9 real prop]ty z section #agi prop]ty 7a7 ,9 g5]al 7#a7 ,doll> limitation ,section #agi7;b77#a7 is am5d$-- 7,a7 by /rik+ or #bjac 9 subp>agraph 7,b7 & ins]t+ #bjac1 or #bjad1 & 7,b7 by /rik+ #bjac 9 subp>agraph 7,c7 & ins]t+ #bjad4 7#b7 ,r$uction 9 limitation ,section #agi7;b77#b7 is am5d$-- 7,a7 by /rik+ or #bjac 9 subp>agraph 7,b7 & ins]t+ #bjac1 or #bjad1 & 7,b7 by /rik+ #bjac 9 subp>agraph 7,c7 & ins]t+ #bjad4 7b7 ,comput] s(tw>e ,section #agi7;d77#a77;,a77ii7 is am5d$ by /rik+ #bjad & ins]t+ #bjae4 7c7 ,election ,section #agi7;c77#b7 is am5d$ by /rik+ #bjad & ins]t+ #bjae4 7d7 ,special rules = treatm5t ( qualifi$ real prop]ty 7#a7 ,9 g5]al ,section #agi7;f77#a7 is am5d$ by /rik+ or #bjac & ins]t+ #bjac1 or #bjad4 7#b7 ,c>ryov] limitation 7,a7 ,9 g5]al ,section #agi7;f77#d7 is am5d$ by /rik+ #bjac ea* place x appe>s & ins]t+ #bjad4 7,b7 ,con=m+ am5dm5t ,! head+ ( subp>agraph 7,c7 ( section #agi7;f77#d7 is am5d$ by /rik+ #bjaa & #bjab & ins]t+ #bjaa1 #bjab1 & #bjac4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bah4 ,ext5sion ( election to exp5se m9e safety equipm5t 7a7 ,9 g5]al ,subsection 7g7 ( section #agi;,e is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #bai4 ,ext5sion ( special exp5s+ rules = c]ta9 film & television productions 7a7 ,9 g5]al ,subsection 7f7 ( section #aha is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to productions comm5c+ aft] ,decemb] #ca1 #bjac4 #bbj4 ,ext5sion ( d$uction all[able ) respect to income attributable to dome/ic production activities 9 ,pu]to ,rico 7a7 ,9 g5]al ,subp>agraph 7,c7 ( section #aii7;d77#h7 is am5d$-- 7#a7 by /rik+ fir/ #h taxable ye>s & ins]t+ fir/ #i taxable ye>s1 & 7#b7 by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bba4 ,ext5sion ( modification ( tax treatm5t ( c]ta9 paym5ts to controll+ exempt organizations 7a7 ,9 g5]al ,clause 7iv7 ( section #eab7;b77#ac77;,e7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to paym5ts receiv$ or accru$ aft] ,decemb] #ca1 #bjac4 #bbb4 ,ext5sion ( treatm5t ( c]ta9 divid5ds ( regulat$ inve/m5t companies 7a7 ,9 g5]al ,p>agraphs 7#a77;,c77v7 & 7#b77;,c77v7 ( section #hga7k7 are ea* am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bbc4 ,ext5sion ( ,,ric qualifi$ inve/m5t entity treatm5t "u ,,firpta 7a7 ,9 g5]al ,clause 7ii7 ( section #hig7;h77#d77;,a7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all take effect on ,janu>y #a1 #bjad4 #bbd4 ,ext5sion ( subp>t ,f exception = active f9anc+ income 7a7 ,exempt insurance income ,p>agraph 7#aj7 ( section #iec7;e7 is am5d$-- 7#a7 by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae1 & 7#b7 by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,special rule = income d]iv$ 9 ! active conduct ( bank+1 f9anc+1 or simil> bus9esses ,p>agraph 7#i7 ( section #ied7;h7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s ( =eign corporations beg9n+ aft] ,decemb] #ca1 #bjac1 & to taxable ye>s ( ,unit$ ,/ates %>ehold]s ) or )9 :i* any su* taxable ye> ( su* =eign corporation ends4 #bbe4 ,ext5sion ( look-?ru treatm5t ( paym5ts betwe5 relat$ controll$ =eign corporations "u =eign p]sonal hold+ company rules 7a7 ,9 g5]al ,subp>agraph 7,c7 ( section #ied7;c77#f7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s ( =eign corporations beg9n+ aft] ,decemb] #ca1 #bjac1 & to taxable ye>s ( ,unit$ ,/ates %>ehold]s ) or )9 :i* su* taxable ye>s ( =eign corporations end4 #bbf4 ,ext5sion ( tempor>y exclusion ( #ajj p]c5t ( ga9 on c]ta9 small bus9ess /ock 7a7 ,9 g5]al ,p>agraph 7#d7 ( section #abjb7;a7 is am5d$-- 7#a7 by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae1 & 7#b7 by /rik+ & #bjac 9 ! head+ & ins]t+ #bjac1 & #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to /ock acquir$ aft] ,decemb] #ca1 #bjac4 #bbg4 ,ext5sion ( basis adju/m5t to /ock ( ,s corporations mak+ *>itable contributions ( prop]ty 7a7 ,9 g5]al ,p>agraph 7#b7 ( section #acfg7;a7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to contributions made 9 taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bbh4 ,ext5sion ( r$uction 9 ,s-corporation recognition p]iod = built-9 ga9s tax 7a7 ,9 g5]al ,subp>agraph 7,c7 ( section #acgd7;d77#g7 is am5d$-- 7#a7 by /rik+ #bjab or #bjac & ins]t+ #bjab1 #bjac1 or #bjad1 & 7#b7 by /rik+ #bjab & #bjac 9 ! head+ & ins]t+ #bjab1 #bjac1 & #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #bbi4 ,ext5sion ( emp[]m5t zone tax inc5tives 7a7 ,9 g5]al ,clause 7i7 ( section #acia7;d77#a77;,a7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,treatm5t ( c]ta9 t]m9ation dates specifi$ 9 nom9ations ,9 ! case ( a designation ( an emp[]m5t zone ! nom9ation = :i* includ$ a t]m9ation date :i* is contemporane\s ) ! date specifi$ 9 subp>agraph 7,a77i7 ( section #acia7;d77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7z 9 effect be=e ! enactm5t ( ?is ,act71 subp>agraph 7,b7 ( su* section %all n apply ) respect to su* designation if1 aft] ! date ( ! enactm5t ( ?is section1 ! entity :i* made su* nom9ation am5ds ! nom9ation to provide = a new t]m9ation date 9 su* mann] z ! ,secret>y ( ! ,treasury 7or ! ,secret>y's designee7 may provide4 7c7 ,effective date ,! am5dm5t made by ?is section %all apply to p]iods aft] ,decemb] #ca1 #bjac4 #bcj4 ,ext5sion ( tempor>y increase 9 limit on cov] ov] ( rum excise taxes to ,pu]to ,rico & ! ,virg9 ,isl&s 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #gfeb7;f7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to di/ill$ spirits br\ght into ! ,unit$ ,/ates aft] ,decemb] #ca1 #bjac4 #bca4 ,ext5sion ( ,am]ican ,samoa economic developm5t cr$it 7a7 ,9 g5]al ,subsection 7d7 ( section #aai ( division ,a ( ! ,tax ,relief & ,heal? ,c>e ,act ( #bjjf is am5d$-- 7#a7 by /rik+ ,janu>y #a1 #bjad ea* place x appe>s & ins]t+ ,janu>y #a1 #bjae1 7#b7 by /rik+ fir/ #h taxable ye>s 9 p>agraph 7#a7 & ins]t+ fir/ #i taxable ye>s1 & 7#c7 by /rik+ fir/ #b taxable ye>s 9 p>agraph 7#b7 & ins]t+ fir/ #c taxable ye>s4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 ,,iii ,en]gy tax ext5d]s #cja4 ,ext5sion ( cr$it = en]gy-effici5t exi/+ homes 7a7 ,9 g5]al ,p>agraph 7#b7 ( section #be;,c7g7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #cjb4 ,ext5sion ( cr$it = alt]native fuel vehicle refuel+ prop]ty 7a7 ,9 g5]al ,subsection 7g7 ( section #cj;,c is am5d$ by /rik+ plac$ 9 s]vice & all t foll[s & ins]t+ plac$ 9 s]vice aft] ,decemb] #ca1 #bjad44 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #cjc4 ,ext5sion ( cr$it = #b- or #c-:eel$ plug-9 electric vehicles 7a7 ,9 g5]al ,subp>agraph 7,e7 ( section #cj;,d7g77#c7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to vehicles acquir$ aft] ,decemb] #ca1 #bjac4 #cjd4 ,ext5sion ( second g5]ation bi(uel produc] cr$it 7a7 ,9 g5]al ,clause 7i7 ( section #dj7;b77#f77;,j7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is subsection %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjac4 #cje4 ,ext5sion ( inc5tives = biodiesel & r5ewable diesel 7a7 ,cr$its = biodiesel & r5ewable diesel us$ z fuel ,subsection 7g7 ( section #dj;,a is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,excise tax cr$its & outlay paym5ts = biodiesel & r5ewable diesel fuel mixtures 7#a7 ,p>agraph 7#f7 ( section #fdbf7;c7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7#b7 ,subp>agraph 7,b7 ( section #fdbg7;e77#f7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjac4 #cjf4 ,ext5sion ( production cr$it = ,indian coal facilities plac$ 9 s]vice be=e #bjji 7a7 ,9 g5]al ,subp>agraph 7,a7 ( section #de7;e77#aj7 is am5d$ by /rik+ #h-ye> p]iod ea* place x appe>s & ins]t+ #i-ye> p]iod4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to coal produc$ aft] ,decemb] #ca1 #bjac4 #cjg4 ,ext5sion ( cr$its ) respect to facilities produc+ en]gy f c]ta9 r5ewable res\rces 7a7 ,9 g5]al ,! foll[+ provisions ( section #de7;d7 are ea* am5d$ by /rik+ ,janu>y #a1 #bjad ea* place x appe>s & ins]t+ ,janu>y #a1 #bjae3 7#a7 ,p>agraph 7#a74 7#b7 ,p>agraph 7#b77;,a74 7#c7 ,p>agraph 7#c77;,a74 7#d7 ,p>agraph 7#d77;,b74 7#e7 ,p>agraph 7#f74 7#f7 ,p>agraph 7#g74 7#g7 ,p>agraph 7#i74 7#h7 ,p>agraph 7#aa77;,b74 7b7 ,ext5sion ( election to treat qualifi$ facilities z en]gy prop]ty ,clause 7ii7 ( section #dh7;a77#e77;,c7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7c7 ,effective dates ,! am5dm5ts made by ?is section %all take effect on ,janu>y #a1 #bjad4 #cjh4 ,ext5sion ( cr$it = en]gy-effici5t new homes 7a7 ,9 g5]al ,subsection 7g7 ( section #de,l is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to homes acquir$ aft] ,decemb] #ca1 #bjac4 #cji4 ,ext5sion ( cr$its = en]gy-effici5t appliances 7a7 ,9 g5]al ,subsection 7b7 ( section #de,m is am5d$ by /rik+ or #bjac ea* place x appe>s 9 p>agraphs 7#a77;,e71 7#b77;,f71 & 7#c77;,f7 & ins]t+ #bjac1 or #bjad4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to appliances produc$ aft] ,decemb] #ca1 #bjac4 #caj4 ,ext5sion ( special all[ance = second g5]ation bi(uel plant prop]ty 7a7 ,9 g5]al ,subp>agraph 7,d7 ( section #afh7l77#b7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #caa4 ,ext5sion ( plac$ 9 s]vice date = election to exp5se c]ta9 ref9]ies 7a7 ,9 g5]al ,subp>agraph 7,b7 ( section #agi;,c7c77#a7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #cab4 ,ext5sion ( en]gy effici5t comm]cial build+s d$uction 7a7 ,9 g5]al ,subsection 7h7 ( section #agi;,d is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjac4 #cac4 ,ext5sion ( special rule = sales or dispositions to implem5t ,,f]c or ,/ate electric re/ructur+ policy = qualifi$ electric utilities 7a7 ,9 g5]al ,p>agraph 7#c7 ( section #dea7;i7 is am5d$ by /rik+ ,janu>y #a1 #bjad & ins]t+ ,janu>y #a1 #bjae4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to dispositions aft] ,decemb] #ca1 #bjac4 #cad4 ,ext5sion ( alt]native fuels excise tax cr$its 7a7 ,9 g5]al ,sections #fdbf7;d77#e7 & #fdbf7;e77#c7 are ea* am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7b7 ,outlay paym5ts = alt]native fuels ,subp>agraph 7,c7 ( section #fdbg7;e77#f7 is am5d$ by /rik+ ,decemb] #ca1 #bjac & ins]t+ ,decemb] #ca1 #bjad4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjac4 #cae4 ,ext5sion ( alt]native fuels excise tax cr$its relat+ to liquefi$ hydrog5 7a7 ,9 g5]al ,sections #fdbf7;d77#e7 & #fdbf7;e77#c71 z am5d$ by ?is ,act1 are ea* am5d$ by /rik+ #bjad 7,septemb] #cj1 #bjad 9 ! case ( any sale or use involv+ liquefi$ hydrog57 & ins]t+ #bjad4 7b7 ,outlay paym5ts = alt]native fuels ,p>agraph 7#f7 ( section #fdbg7;e7 is am5d$-- 7#a7 by /rik+ except z provid$ 9 subp>agraph 7,d71 any 9 subp>agraph 7,c71 z am5d$ by ?is ,act1 & ins]t+ any1 & 7#b7 by /rik+ subp>agraph 7,d7 & r$esignat+ subp>agraph 7,e7 z subp>agraph 7,d74 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to fuels sold or us$ aft] ,septemb] #cj1 #bjad4 ,decemb] #bj1 #bjac,read ! second "t & plac$ on ! cal5d>