,,ii #aadth ,,congress #b;d ,session ,s4 #bgge ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #aa1 #bjaf,mr4 ,hatch 7for himself and ,mr4 ,wyden7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to make technical corrections1 and for other purposes4 #a4 ,short title2 table of contents2 etc 7a7 ,short title ,this ,act may be cited as the ,technical ,corrections ,act of #bjaf4 7b7 ,amendment ,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 title2 table of contents2 etc4 ,sec4 #b4 ,amendments relating to ,protecting ,americans from ,tax ,hikes ,act of #bjae4 ,sec4 #c4 ,amendment relating to ,consolidated ,appropriations ,act1 #bjaf4 ,sec4 #d4 ,amendments relating to ,fixing ,america's ,surface ,transportation ,act4 ,sec4 #e4 ,amendments relating to ,surface ,transportation and ,veterans ,health ,care ,choice ,improvement ,act of #bjae4 ,sec4 #f4 ,amendments relating to ,stephen ,beck1 ,jr41 ,,able ,act of #bjad4 ,sec4 #g4 ,amendment relating to ,american ,taxpayer ,relief ,act of #bjab4 ,sec4 #h4 ,amendment relating to ,united ,states-,korea ,free ,trade ,agreement ,implementation ,act4 ,sec4 #i4 ,clerical corrections4 ,sec4 #aj4 ,deadwood-related provisions4 #b4 ,amendments relating to ,protecting ,americans from ,tax ,hikes ,act of #bjae 7a7 ,amendment relating to section #aje ,section #acb7;f77#f77;,a7 is amended by striking the second sentence4 7b7 ,amendments relating to section #aba ,section #da7;c7 is amended-- 7#a7 by striking paragraph 7#d71 and 7#b7 by striking the last sentence of paragraph 7#e77;,c74 7c7 ,amendments relating to section #adc 7#a7 ,section #afh7k77#b77;,b77i77,,iii7 is amended by inserting binding before contract4 7#b7 ,section #afh7k77#e77;,f7 is amended-- 7,a7 by striking 7or is grafted to a plant that has already been planted before such date71 7,b7 by inserting or grafted after which is planted1 and 7,c7 by striking 7or so grafted7 in clauses 7i7 and 7ii7 and inserting or grafted4 7#c7 ,section #afh7k77#f7 is amended to read as follows3 7#f7 ,phase-down ,in the case of qualified property placed in service by the taxpayer after ,december #ca1 #bjag 7,december #ca1 #bjah1 in the case of property described in subparagraph 7#b77;,b7 or 7,c771 paragraph 7#a77;,a7 shall be applied by substituting for #ej percent-- 7,a7 #dj percent in the case of-- 7i7 property placed in service in #bjah 7other than property described in subparagraph 7#b77;,b7 or 7,c771 and 7ii7 property described in subparagraph 7#b77;,b7 or 7,c7 which is placed in service in #bjai1 and 7,b7 #cj percent in the case of-- 7i7 property placed in service in #bjai 7other than property described in subparagraph 7#b77;,b7 or 7,c771 and 7ii7 property described in subparagraph 7#b77;,b7 or 7,c7 which is placed in service in #bjbj4 4 7#d7 ,section #afh7k77#g7 is amended by striking paragraphs 7#a7 and 7#b77;,f7 and inserting paragraphs 7#a71 7#b77;,f71 and 7#d74 7d7 ,amendments relating to section #bjb 7#a7 ,section #fgbb7;c77#c77;,a7 is amended by striking filed in the flush matter at the end and inserting furnished4 7#b7 ,section #bjb7;e7 of the ,protecting ,americans from ,tax ,hikes ,act of #bjae is amended by striking provided and inserting furnished4 7e7 ,amendments relating to section #bjc 7#a7 ,section #faji7;i77#a77;,b7 is amended by striking ,internal ,revenue ,service and inserting ,internal ,revenue ,service1 a community-based certified acceptance agent approved by the ,secretary14 7#b7 ,section #faji7;i77#c7 is amended-- 7,a7 in subparagraph 7,a7-- 7i7 by inserting ending after the issuance of such number before the period at the end of the first sentence1 and 7ii7 by striking on the last day of such third consecutive taxable year and inserting on the day after the due date for the return of tax for such third consecutive taxable year1 and 7,b7 by striking subparagraph 7,b77ii7 and inserting the following3 7ii7 if the individual does not file a return of tax 7or is not included as a dependent on the return of tax of another taxpayer7 for #c consecutive taxable years at least one of which ends after ,december #ah1 #bjae1 the due date for the return of tax for such third consecutive taxable year4 4 7#c7 ,section #bjc7;f7 of the ,protecting ,americans from ,tax ,hikes ,act of #bjae is amended by striking ,the amendments and inserting ,except to the extent provided in section #faji7;i77#c7 of the ,internal ,revenue ,code of #aihf1 the amendments4 7f7 ,amendments relating to section #bjd ,section #bjd7;b7 of the ,protecting ,americans from ,tax ,hikes ,act of #bjae is amended-- 7#a7 by striking paragraph 7#b71 and 7#b7 by striking so much as precedes amendment made by this section and inserting the following3 7b7 ,effective date4--,the4 7g7 ,amendments relating to section #bje 7#a7 ,section #bd7;e77#b7 is amended by striking identifying number and inserting taxpayer identification number4 7#b7 ,section #bje7;c7 of such ,act is amended-- 7,a7 by striking paragraph 7#b71 and 7,b7 by striking so much as precedes shall apply to any return of tax and inserting the following3 7c7 ,effective date4--,the amendments made by this section4 7h7 ,amendments relating to section #bjf ,section #bjf7;b7 of such ,act is amended-- 7#a7 by striking ,except as provided in paragraph 7#b71 the amendment in paragraph 7#a7 and inserting ,the amendment1 and 7#b7 by striking paragraph 7#b7 and redesignating paragraph 7#c7 as paragraph 7#b74 7i7 ,amendment relating to section #bji ,section #bji7;d77#b7 of the ,protecting ,americans from ,tax ,hikes ,act of #bjae is amended by striking amendment made by subsection 7b7 and inserting amendments made by subsections 7b7 and 7c74 7j7 ,amendments related to sections #ajb1 #bjf1 #bjg1 #bjh1 and #baa 7#a7 ,section #be;,a7b77#a7 is amended-- 7,a7 in subparagraph 7,a7 by striking #a1jjj and inserting #b1jjj1 and 7,b7 in subparagraph 7,b7-- 7i7 by striking #ej percent and inserting #be percent1 7ii7 by striking #a1jjj and inserting #b1jjj1 and 7iii7 by striking the applicable limit and inserting #d1jjj4 7#b7 ,subparagraphs 7,a7 and 7,c7 of section #be;,a7b77#b7 are amended by striking #b in the heading and text of each subparagraph and inserting #d4 7#c7 ,section #be;,a7b77#d7 is amended to read as follows3 7#d7 ,restrictions on taxpayers who improperly claimed ,american ,opportunity ,tax ,credit in prior years 7,a7 ,taxpayers making prior fraudulent or reckless claims 7i7 ,in general ,no ,american ,opportunity ,tax ,credit shall be allowed under this section for any taxable year in the disallowance period4 7ii7 ,disallowance period ,for purposes of subparagraph 7,a71 the disallowance period is-- 7,i7 the period of #aj taxable years after the most recent taxable year for which there was a final determination that the taxpayer's claim of the ,american ,opportunity ,tax ,credit under this section was due to fraud1 and 7,,ii7 the period of #b taxable years after the most recent taxable year for which there was a final determination that the taxpayer's claim of the ,american ,opportunity ,tax ,credit under this section was due to reckless or intentional disregard of rules and regulations 7but not due to fraud74 7,b7 ,taxpayers making improper prior claims ,in the case of a taxpayer who is denied the ,american ,opportunity ,tax ,credit under this section for any taxable year as a result of the deficiency procedures under subchapter ,b of chapter #fc1 no ,american ,opportunity ,tax ,credit shall be allowed under this section for any subsequent taxable year unless the taxpayer provides such information as the ,secretary may require to demonstrate eligibility for such credit4 4 7#d7 ,section #be;,a7d7 is amended to read as follows3 7d7 ,limitations based on modified adjusted gross income 7#a7 ,american ,opportunity ,tax ,credit ,the ,american ,opportunity ,tax ,credit 7determined without regard to this paragraph7 shall be reduced 7but not below zero7 by the amount which bears the same ratio to such credit 7as so determined7 as-- 7,a7 the excess of-- 7i7 the taxpayer's modified adjusted gross income for such taxable year1 over 7ii7 #hj1jjj 7#afj1jjj in the case of a joint return71 bears to 7,b7 #aj1jjj 7#bj1jjj in the case of a joint return74 7#b7 ,lifetime ,learning ,credit ,the ,lifetime ,learning ,credit 7determined without regard to this paragraph7 shall be reduced 7but not below zero7 by the amount which bears the same ratio to such credit 7as so determined7 as-- 7,a7 the excess of-- 7i7 the taxpayer's modified adjusted gross income for such taxable year1 over 7ii7 #dj1jjj 7#hj1jjj in the case of a joint return71 bears to 7,b7 #aj1jjj 7#bj1jjj in the case of a joint return74 7#c7 ,modified adjusted gross income ,for purposes of this subsection1 the term modified adjusted gross income means the adjusted gross income of the taxpayer for the taxable year increased by any amount excluded from gross income under section #iaa1 #ica1 or #icc4 4 7#e7 ,section #be;,a7f77#a7 is amended by adding at the end the following new subparagraph3 7,d7 ,required course materials taken into account for ,american ,opportunity ,tax ,credit ,for purposes of determining the ,american ,opportunity ,tax ,credit1 subparagraph 7,a7 shall be applied by substituting tuition1 fees1 and course materials for tuition and fees4 4 7#f7 ,section #be;,a7g77#a7 is amended-- 7,a7 by striking ,no credit and inserting the following3 7,a7 ,in general ,no credit 1 and 7,b7 by adding at the end the following new subparagraph3 7,b7 ,additional identification requirements with respect to ,american ,opportunity ,tax ,credit 7i7 ,student ,the requirements of subparagraph 7,a7 shall not be treated as met with respect to the ,american ,opportunity ,tax ,credit unless the individual's taxpayer identification number was issued on or before the due date for filing the return of tax for the taxable year4 7ii7 ,taxpayer ,no ,american ,opportunity ,tax ,credit shall be allowed under this section if the taxpayer identification number of the taxpayer was issued after the due date for filing the return for the taxable year4 7iii7 ,institution ,no ,american ,opportunity ,tax ,credit shall be allowed under this section unless the taxpayer includes the employer identification number of any institution to which qualified tuition and related expenses were paid with respect to the individual4 4 7#g7 ,section #be;,a7h7 is amended to read as follows3 7h7 ,inflation adjustment 7#a7 ,in general ,in the case of a taxable year beginning after #bjja1 the #dj1jjj and #hj1jjj amounts in subsection 7d77#b7 shall each be increased by an amount equal to-- 7,a7 such dollar amount1 multiplied by 7,b7 the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year in which the taxable year begins1 determined by substituting calendar year #bjjj for calendar year #aiib in subparagraph 7,b7 thereof4 7#b7 ,rounding ,if any amount as adjusted under paragraph 7#a7 is not a multiple of #a1jjj1 such amount shall be rounded to the next lowest multiple of #a1jjj4 4 7#h7 ,section #be;,a7i7 is amended to read as follows3 7i7 ,portion of ,american ,opportunity ,tax ,credit made refundable #dj percent of so much of the credit allowed under subsection 7a7 as is attributable to the ,american ,opportunity ,tax ,credit 7determined after application of subsection 7d7 and without regard to this paragraph and section #bf7;a77 shall be treated as a credit allowable under subpart ,c 7and not allowed under subsection 7a774 ,the preceding sentence shall not apply to any taxpayer for any taxable year if such taxpayer is a child to whom subsection 7g7 of section #a applies for such taxable year4 4 7#i7 ,the heading for section #be;,a is amended by striking ,hope and inserting ,american ,opportunity4 7#aj7 ,the item relating to section #be;,a in the table of contents for subpart ,a of part ,,iv of subchapter ,a of chapter #a is amended to read as follows3 ,sec4 #be;,a4 ,american ,opportunity and ,lifetime ,learning credits4 4 7#aa7 ,the heading for section #be;,a7b7 is amended by striking ,hope ,scholarship ,credit and inserting ,american ,opportunity ,tax ,credit4 7#ab7 ,the heading for section #be;,a7b77#b7 is amended by striking hope scholarship credit and inserting american opportunity tax credit4 7#ac7 ,the heading for section #be;,a7c77#b77;,a7 is amended by striking hope scholarship and inserting american opportunity tax credit4 7#ad7 ,section #be;,a1 as amended by the preceding provisions of this ,act1 is amended by striking ,hope ,scholarship ,credit each place it appears in the text and inserting ,american ,opportunity ,tax ,credit4 7#ae7 ,the heading for section #ebi7;c77#c77;,b77v7 is amended by striking hope and inserting american opportunity4 7#af7 ,the heading for section #ecj7;d77#b77;,c7 is amended by striking hope and inserting american opportunity4 7#ag7 ,section #fbaa7;b77#d77;,a71 as amended by this ,act1 is amended by striking subsection 7i77#e7 and inserting subsection 7i74 7#ah7 ,section #fbac7;g77#b77,q7 is amended to read as follows3 7,q7 an omission of information required by section #be;,a7b77#d77;,b7 or an entry on the return claiming the ,american ,opportunity ,tax ,credit for a taxable year for which such credit is disallowed under section #be;,a7b77#d77;,a74 4 7#ai7 ,section #bjg7;b77#a7 of the ,protecting ,americans from ,tax ,hikes ,act of #bjae is amended by striking the ,american opportunity tax credit under section #be;,a7i7 of such ,code and inserting the ,american ,opportunity ,tax ,credit under section #be;,a of such ,code4 7k7 ,amendment relating to section #caa ,the last sentence of section #cee7;h77#b77;,b7 is amended by striking #hj percent both places it appears and inserting at least #hj percent4 7l7 ,amendments relating to section #cbb 7#a7 ,section #hig7k77#b7 is amended-- 7,a7 by striking so much of subparagraph 7,b7 as precedes amounts realized by the qualified shareholder and inserting the following3 7,b7 ,exception ,in the case of a qualified shareholder with #a or more applicable investors-- 7i7 subparagraph 7,a77i7 shall not apply to the applicable percentage of the stock of the real estate investment trust held by the qualified shareholder1 and 7ii7 the applicable percentage of the 1 and 7,b7 by adding at the end the following new subparagraph3 7,f7 ,applicable percentage ,for purposes of subparagraph 7,b71 the term applicable percentage means the percentage of the value of the interests 7other than interests held solely as a creditor7 in the qualified shareholder held by applicable investors4 4 7#b7 ,section #hig7k77#b77;,e7 is amended by striking and 7,c7 and inserting and 7,d74 7#c7 ,section #hig7k77#c77;,b77i7 is amended by striking so much as precedes for a reduced rate of withholding and inserting the following3 7i7 which-- 7,i7 is eligible for benefits under the comprehensive income tax treaty described in subparagraph 7,a77i77,i71 but only if the dividends article of such treaty imposes conditions on the benefits allowable in the case of dividends paid by a real estate investment trust1 and 7,,ii7 is eligible under such treaty 4 7#d7 ,section #hig7k77#c77;,b77ii7 is amended-- 7,a7 by inserting and at the end of subclause 7,,ii71 and 7,b7 by striking ,united ,states corporation in subclause 7,,iii7 and inserting domestic corporation4 7#e7 ,section #cbb of the ,protecting ,americans from ,tax ,hikes ,act of #bjae is amended by striking subsections 7b77#b7 and 7c77#c71 and the ,internal ,revenue ,code of #aihf shall be applied as if such subsections1 and amendments made thereby1 had never been enacted4 7#f7 ,section #cbb7;c77#b7 of such ,act is amended by striking take effect on and inserting the following3 apply with respect to testing periods 7as defined in section #hig7;h77#d77;,d7 of the ,internal ,revenue ,code of #aihf7 ending on or after4 7m7 ,effective date ,the amendments made by this section shall take effect as if included in the provision of the ,protecting ,americans from ,tax ,hikes ,act of #bjae to which they relate4 #c4 ,amendment relating to ,consolidated ,appropriations ,act1 #bjaf 7a7 ,amendment relating to section #cje of division ,p ,section #aii7;c77#c77;,c77i7 is amended by striking under subsection 7d77#i77;,b7 and inserting 7as defined in subsection 7d77#i77;,b774 7b7 ,effective date ,the amendment made by this section shall take effect as if included in section #cje of division ,p of the ,consolidated ,appropriations ,act1 #bjaf4 #d4 ,amendments relating to ,fixing ,america's ,surface ,transportation ,act 7a7 ,amendments relating to section #cbaja ,section #gcde7;e77#a7 is amended-- 7#a7 by striking or the ,tax ,court and inserting 1 or against the ,commissioner in the ,tax ,court11 and 7#b7 by adding at the end the following3 ,for purposes of the preceding sentence1 the court first acquiring jurisdiction over such an action shall have sole jurisdiction44 7b7 ,effective date ,the amendments made by this section shall take effect as if included in section #cbaja of the ,fixing ,america's ,surface ,transportation ,act4 #e4 ,amendments relating to ,surface ,transportation and ,veterans ,health ,care ,choice ,improvement ,act of #bjae 7a7 ,amendment relating to section #bjjd ,section #fffb7k7 is amended to read as follows3 7k7 ,inconsistent estate basis reporting ,for purposes of this section1 there is an inconsistent estate basis if the adjusted basis of property 7to which section #ajad7;f7 applies7 claimed on a return exceeds the amount that would have been so claimed if the basis of such property had been properly determined under such section4 4 7b7 ,amendments relating to section #bjjh ,section #iejc7;e77#b7 is amended-- 7#a7 by striking per gallon in subparagraph 7,c7 and inserting per energy equivalent of a gallon of diesel 7as defined in section #djda7;a77#b77;,d771 and 7#b7 by striking per gallon in subparagraph 7,d7 and inserting per energy equivalent of a gallon of gasoline 7as defined in section #djda7;a77#b77;,c774 7c7 ,effective date ,the amendments made by this section shall take effect as if included in the provision of the ,surface ,transportation and ,veterans ,health ,care ,choice ,improvement ,act of #bjae to which they relate4 #f4 ,amendments relating to ,stephen ,beck1 ,jr41 ,,able ,act of #bjad 7a7 ,amendments relating to section #bjh ,section #bjh7;h7 of the ,stephen ,beck1 ,jr41 ,,able ,act of #bjad is amended-- 7#a7 by striking so much as precedes made by this section and inserting the following3 7h7 ,effective date 7#a7 ,in general ,except as provided in paragraph 7#b71 the amendments 1 7#b7 by inserting 1 and statements required to be furnished1 after returns required to be filed1 and 7#c7 by adding at the end the following new paragraph3 7#b7 ,subsection 7c7 ,the amendment made by subsection 7c7 shall apply to returns or claims for refund filed after ,december #ca1 #bjad4 4 7b7 ,effective date ,the amendments made by this section shall take effect as if included in section #bjh of the ,stephen ,beck1 ,jr41 ,,able ,act of #bjad4 #g4 ,amendment relating to ,american ,taxpayer ,relief ,act of #bjab 7a7 ,amendment relating to section #ajd ,section #fbaa7;b77#d77;,a7 is amended by striking subsection 7i77#f7 and inserting subsection 7i77#e74 7b7 ,effective date ,the amendment made by this section shall take effect as if included in section #ajd of the ,american ,taxpayer ,relief ,act of #bjab4 #h4 ,amendment relating to ,united ,states-,korea ,free ,trade ,agreement ,implementation ,act 7a7 ,amendment relating to section #eja ,section #eja7;b7 of the ,united ,states-,korea ,free ,trade ,agreement ,implementation ,act is amended by striking returns required to be filed and inserting documents prepared4 7b7 ,effective date ,the amendment made by this section shall take effect as if included in section #eja of the ,united ,states-,korea ,free ,trade ,agreement ,implementation ,act4 #i4 ,clerical corrections 7a7 ,section #bd7;d7 is amended by redesignating paragraph 7#e7 as paragraph 7#c74 7b7 7#a7 ,section #db7;f77#e77;,b77ii77,i7 is amended by striking 7d77#f77;,c7 and inserting 7d77#f77;,b74 7#b7 ,section #db7k77#b77;,b7 is amended by striking 7d77#f77;,b7 and inserting 7d77#f77;,c74 7#c7 ,section #db7;d77#d77;,c77i7 is amended by striking as defined in paragraph 7#e77;,c7 and inserting as defined in paragraph 7#e77;,b77ii74 7#d7 ,section #db7m77#a77;,b77ii77,,iii7 is amended by striking as defined in subsection 7d77#e77;,c7 and inserting as defined in subsection 7d77#e77;,b77ii74 7c7 ,section #dh7;a77#f77;,b7 is amended by striking property energy property and inserting energy property4 7d7 ,section #eh7;a77#b77;,a7 is amended by striking #dfa7;j7 and inserting #dfa7k74 7e7 ,section #aci;,e7c77#c7 is amended by striking #bjac and inserting #bjad4 7f7 ,section #afh7;e77#c77;,c77i7 is amended by striking and4 7g7 ,section #aii is amended by striking so much of subsection 7a7 as precedes ,there shall be allowed and inserting 7a7 ,allowance of deduction4--4 7h7 ,the second sentence of section #cee7;h77#b77;,b7 is amended by striking of assets4 7i7 7#a7 ,section #dfa is amended by redesignating the second subsection 7j7 7relating to farming syndicate defined7 as subsection 7k74 7#b7 ,section #dfa7;i77#d7 is amended by striking subsection 7j7 and inserting subsection 7k74 7j7 ,section #dfd7;d77#b77;,b77iii7 is amended by striking subsection 7c77#b77;,e7 and inserting section #dfa7k77#b77;,e74 7k7 ,section #heb7;a77#a77;,b7 is amended by striking #bfe1 and inserting #bfe and4 7l7 ,subparagraphs 7,a7 and 7,b7 of section #hef7;c77#g7 are each amended by striking paragraph 7#d77;,b77iii7 and inserting paragraph 7#d77;,b77iv74 7m7 ,paragraphs 7#a71 7#c71 7#d71 and 7#e7 of section #hef7m7 are each amended by striking subsection 7c77#d77;,b77iii7 and inserting subsection 7c77#d77;,b77iv74 7n7 ,section #hfd7;d77#h7 is amended by striking section #ief7;b77#c7 and inserting section #ief7;c77#c74 7o7 ,the heading for section #hig7k77#b7 is amended by striking usrpi and inserting united states real property interest4 7p7 ,subparagraphs 7,b7 and 7,c7 of section #abef7;e77#c7 are each amended by striking section #dfd7;e77#b7 and inserting section #dfa7k77#d74 7q7 ,section #adjj;,f7d7 is amended by striking for ,december #ca1 #bjad4 and inserting for ,december #ca1 #bjaf44 7r7 7#a7 ,subsections 7e7 and 7i7 of section #gdbb and sections #caba7;b77#e77;,e71 #faaj7;j77#a77;,b71 #gdbh7;a71 and #gdcj7;c77#f7 are each amended by striking ,united ,states ,claims ,court and inserting ,united ,states ,court of ,federal ,claims4 7#b7 ,subsections 7a71 7b71 and 7c77#a77;,c77iii7 of section #gdbh are each amended by striking ,claims ,court and inserting ,court of ,federal ,claims4 7#c7 ,the heading for section #difa7;c77#a7 is amended by striking united states claims court and inserting united states court of federal claims4 7s7 ,section #dihj;,i7b77#c77;,c77v7 is amended by striking for for and inserting for4 7t7 ,subchapter ,c of chapter #fc is amended-- 7#a7 by striking ,part #a--,procedure and inserting ,part ,,iii--,procedure1 and 7#b7 by striking ,part #b--;,definitions and ,special ,rules and inserting ,part ,,iv--,definitions and ,special ,rules4 7u7 ,section #cbajc7;a7 of the ,fixing ,america's ,surface ,transportation ,act is amended by striking section #ebajf and inserting section #cbajb4 7v7 ,section #fbac7;g77#b77,p7 is amended-- 7#a7 by striking section #bd7;h77#b7 and inserting section #bd7;g77#b71 and 7#b7 by striking subsection 7h77#a7 and inserting subsection 7g77#a74 7w7 ,section #fbce7;a7 is amended by striking subpart and inserting subchapter4 7x7 ,section #feja7m7 is amended by striking any election and all that follows through 7or any and inserting the following3 any election under section #cj;,b7h77#i71 #cj;,c7e77#d71 #cj;,d7e77#d71 #ce7;g77#aa71 #dj7;f71 #dc1 #de;,b1 #de;,c7d77#d71 #de;,h7g71 or #ea7;j7 7or any4 7y7 ,each of the following sections are amended by inserting an amount equal to after increased by and by inserting for the calendar year after section #a7;f77#c73 7#a7 ,section #ffea7;i74 7#b7 ,section #ffeb7;c77#g77;,a74 7#c7 ,section #ffie7;h77#a74 7#d7 ,section #ffih7;e77#a74 7#e7 ,section #ffii7;e77#a74 7#f7 ,section #fgba7;f77#a74 7#g7 ,section #fgbb7;f77#a74 7z7 ,the heading for section #ffgf7;c7 is amended by striking reasonable basis and inserting reasonable cause4 7aa7 ,section #fgjj7;a7 is amended by striking the #a1jjj and inserting #a1jjj4 7bb7 ,section #iejc7;c77#e7 is amended by striking and before ,october #a1 #bjaa14 7cc7 ,section #cjb of division ,p of the ,consolidated ,appropriations ,act1 #bjaf is amended-- 7#a7 in subsection 7a71 by inserting of the ,internal ,revenue ,code of #aihf after section #dh7;a77#e77;,c71 and 7#b7 in subsection 7b71 by inserting of such ,code after section #dh7;a74 #aj4 ,deadwood-related provisions 7a7 ,section #be;,a7c77#a7 is amended by striking 7#e1jjj in the case of taxable years beginning before ,january #a1 #bjjc74 7b7 ,section #ef7;d77#a77;,a77ii77,i7 is amended by inserting 7as in effect before its repeal by the ,tax ,increase ,prevention ,act of #bjad7 after section #agb7;b77#a77;,h74 7c7 ,section #aci7;c77#b7 is amended by striking section #afe7;h77#c77;,c77i7 and inserting section #afe7;i77#e77;,a74 7d7 ,section #afc7;d77#d7 is amended by striking subparagraph 7,e74 7e7 ,section #ecj7;b77#c7 is amended-- 7#a7 by striking 7as defined in section #agj7;e77#f77;,f77i77 in subparagraph 7,a77iii71 and 7#b7 by adding at the end the following new subparagraph3 7,c7 ,computer technology or equipment ,the term computer technology or equipment means computer software 7as defined by section #aig7;e77#c77;,b771 computer or peripheral equipment 7as defined by section #afh7;i77#b77;,b771 and fiber optic cable related to computer use4 4 7f7 ,section #haj7;b7 is amended by striking paragraph 7#d74 7g7 ,section #hef7m7 is amended by striking paragraph 7#f74 7h7 7#a7 ,section #abeb7;a77#a7 is amended by striking during a taxable year beginning4 7#b7 ,section #abeb7;a77#a77;,a7 is amended-- 7,a7 by striking sections and inserting section1 and 7,b7 by striking and #ahb and all that follows through ,tax ,reform ,act of #aihf74 7#c7 ,section #abeb7;a77#b7 is amended-- 7,a7 by striking sections and inserting section1 and 7,b7 by striking or #ahb and all that follows and inserting a period4 7i7 ,section #gddh7;d7 is amended by striking at #d percent per annum to ,december #ca1 #aidg1 and #c percent per annum thereafter and inserting at #c percent per annum4