,,ii #aae? ,,congress #a/ ,session ,h4 ,r4 #chbc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #bh1 #bjag,receiv$ ,,an ,,act ,to am5d title #di1 ,unit$ ,/ates ,code1 to ext5d au?orizations = ! airport improvem5t program1 to am5d ! ,int]nal ,rev5ue ,code ( #aihf to ext5d ! fund+ & exp5diture au?ority ( ! ,airport & ,airway ,tru/ ,fund1 to provide disa/] tax relief1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,disa/] ,tax ,relief & ,airport & ,airway ,ext5sion ,act ( #bjag4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,title ,i--,f$]al ,aviation ,programs ,sec4 #aja4 ,ext5sion ( airport improvem5t program4 ,sec4 #ajb4 ,ext5sion ( expir+ au?orities4 ,sec4 #ajc4 ,f$]al ,aviation ,adm9i/ration op]ations4 ,sec4 #ajd4 ,small community air s]vice4 ,sec4 #aje4 ,air navigation facilities & equipm5t4 ,sec4 #ajf4 ,rese>*1 eng9e]+1 & developm5t4 ,sec4 #ajg4 ,fund+ = aviation programs4 ,title ,,ii--,aviation ,rev5ue ,provisions ,sec4 #bja4 ,exp5diture au?ority f ,airport & ,airway ,tru/ ,fund4 ,sec4 #bjb4 ,ext5sion ( taxes fund+ ,airport & ,airway ,tru/ ,fund4 ,title ,,iii--,expir+ ,heal? ,provisions ,sec4 #cja4 ,ext5sion ( c]ta9 public heal? programs4 ,sec4 #cjb4 ,ext5sion ( ,m$ic>e ,pati5t ,,ivig ,access ,demon/ration ,project4 ,sec4 #cjc4 ,funds f ! ,m$ic>e ,improvem5t ,fund4 ,title ,,iv--,developm5t ( ,private ,flood ,insurance ,m>ket ,sec4 #dja4 ,private flood insurance4 ,title ,v--,tax ,relief = ,hurricanes ,h>vey1 ,irma1 & ,m>ia ,sec4 #eja4 ,def9itions4 ,sec4 #ejb4 ,special disa/]-relat$ rules = use ( retirem5t funds4 ,sec4 #ejc4 ,disa/]-relat$ employm5t relief4 ,sec4 #ejd4 ,additional disa/]-relat$ tax relief provisions4 ,sec4 #eje4 ,budget>y effects4 ,i ,f$]al ,aviation ,programs #aja4 ,ext5sion ( airport improvem5t program 7a7 ,au?orization ( appropriations 7#a7 ,9 g5]al ,section #dhajc7;a7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ! p]iod at ! end & ins]t+ & #a1fgj1daj1iei = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah44 7#b7 ,obligation ( am\nts ,subject to limitations specifi$ 9 advance 9 appropriations ,acts1 sums made available pursuant to ! am5dm5t made by p>agraph 7#a7 may be obligat$ at any "t ?r\gh ,septemb] #cj1 #bjah1 & %all rema9 available until exp5d$4 7#c7 ,program implem5tation ,= purposes ( calculat+ fund+ apportionm5ts & meet+ o!r requirem5ts "u sections #dgaad1 #dgaae1 #dgaaf1 & #dgaag ( title #di1 ,unit$ ,/ates ,code1 = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah1 ! ,adm9i/rator ( ! ,f$]al ,aviation ,adm9i/ration %all-- 7,a7 fir/ calculate su* fund+ apportionm5ts on an annualiz$ basis z if ! total am\nt available "u section #dhajc ( su* title = fiscal ye> #bjah 7 #c1cej1jjj1jjj2 & 7,b7 !n r$uce by #ej p]c5t-- 7i7 all fund+ apportionm5ts calculat$ "u subp>agraph 7,a72 & 7ii7 am\nts available pursuant to sections #dgaag7;b7 & #dgaag7;f77#b7 ( su* title4 7b7 ,project grant au?ority ,section #dgajd7;c7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ 9 ! matt] prec$+ p>agraph 7#a7 by /rik+ ,septemb] #cj1 #bjag1 & ins]t+ ,m>* #ca1 #bjah14 #ajb4 ,ext5sion ( expir+ au?orities 7a7 ,section #dgajg7r77#c7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ,octob] #a1 #bjag & ins]t+ ,april #a1 #bjah4 7b7 ,section #dgaad7;c77#a77;,f7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 ! subp>agraph head+ by /rik+ = fiscal ye> #bjag2 & 7#b7 9 ! matt] prec$+ clause 7i7 by /rik+ = fiscal ye> #bjag an am\nt & ins]t+ = ea* ( fiscal ye>s #bjag & #bjah an am\nt4 7c7 ,section #dgaae7;j7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ & = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah aft] fiscal ye>s #bjab ?r\gh #bjag4 7d7 ,section #dgabd7;b77#c77;,e7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ & n m ?an #e1afj1hbb = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah1 aft] fiscal ye>s #bjab ?r\gh #bjag4 7e7 ,section #dgada7;f7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7f7 ,section #ahf7;d7 ( ! ,vision #ajj--;,c5tury ( ,aviation ,reau?orization ,act 7#aag ,/at4 #beah7 is am5d$ by ins]t+ & = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah1 aft] fiscal ye>s #bjab ?r\gh #bjag4 7g7 ,section #dji7;d7 ( ! ,vision #ajj--;,c5tury ( ,aviation ,reau?orization ,act 7#di ,u4,s4,c4 #dagca note7 is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7h7 ,section #adj7;c77#a7 ( ! ,,faa ,mod]nization & ,re=m ,act ( #bjab 7#abf ,/at4 #bh7 is am5d$ by /rik+ #bjag & ins]t+ #bjah4 7i7 ,section #daa7;h7 ( ! ,,faa ,mod]nization & ,re=m ,act ( #bjab 7#di ,u4,s4,c4 #dbcja prec4 note7 is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7j7 ,section #hbb7k7 ( ! ,,faa ,mod]nization & ,re=m ,act ( #bjab 7#di ,u4,s4,c4 #dgada note7 is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7k7 ,section #bcjf7;b7 ( ! ,,faa ,ext5sion1 ,safety1 & ,security ,act ( #bjaf 7#acj ,/at4 #fda7 is am5d$ by /rik+ ,octob] #a1 #bjag & ins]t+ ,april #a1 #bjah4 #ajc4 ,f$]al ,aviation ,adm9i/ration op]ations ,section #ajf7k7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 9 subp>agraph 7,d7 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,e7 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by ins]t+ aft] subp>agraph 7,e7 ! foll[+3 7,f7 #d1iii1aia1ief = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah4 2 & 7#b7 9 p>agraph 7#c7 by ins]t+ & = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah aft] fiscal ye>s #bjab ?r\gh #bjag4 #ajd4 ,small community air s]vice 7a7 ,ess5tial air s]vice au?orization ,section #dagdb7;a77#b7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ & #age1jjj1jjj = ea* ( fiscal ye>s #bjaf & #bjag & ins]t+ #age1jjj1jjj = ea* ( fiscal ye>s #bjaf & #bjag1 & #gd1gid1eba = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah14 7b7 ,airports n receiv+ suffici5t s]vice ,section #dagdc7;e77#b7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ & #d1ihf1cja = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah1 aft] fiscal ye>s #bjab ?r\gh #bjag4 #aje4 ,air navigation facilities & equipm5t ,section #dhaja7;a7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7#f7 #a1dbc1ehi1jda = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah4 4 #ajf4 ,rese>*1 eng9e]+1 & developm5t ,section #dhajb7;a7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 p>agraph 7#h7 by /rik+ & at ! end2 7#b7 9 p>agraph 7#i7 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7#aj7 #hh1jjh1bai = ! p]iod beg9n+ on ,octob] #a1 #bjag & end+ on ,m>* #ca1 #bjah4 4 #ajg4 ,fund+ = aviation programs 7a7 ,9 g5]al ,section #dhaad ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7a77#b7 by /rik+ #bjag & ins]t+ #bjah2 & 7#b7 9 subsection 7c77#b7 by /rik+ #bjag & ins]t+ #bjah4 7b7 ,compliance ) fund+ requirem5ts ,! budget au?ority au?oriz$ 9 ?is title1 includ+ ! am5dm5ts made by ?is title1 %all be deem$ to satisfy ! requirem5ts ( subsections 7a77#a77;,b7 & 7a77#b7 ( section #dhaad ( title #di1 ,unit$ ,/ates ,code1 = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,m>* #ca1 #bjah4 ,,ii ,aviation ,rev5ue ,provisions #bja4 ,exp5diture au?ority f ,airport & ,airway ,tru/ ,fund 7a7 ,9 g5]al ,section #iejb7;d77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 9 ! matt] prec$+ subp>agraph 7,a7 by /rik+ ,octob] #a1 #bjag & ins]t+ ,april #a1 #bjah2 & 7#b7 9 subp>agraph 7,a7 by /rik+ ! semicolon at ! end & ins]t+ or ! ,disa/] ,tax ,relief & ,airport & ,airway ,ext5sion ,act ( #bjag24 7b7 ,con=m+ am5dm5t ,section #iejb7;e77#b7 ( su* ,code is am5d$ by /rik+ ,octob] #a1 #bjag & ins]t+ ,april #a1 #bjah4 #bjb4 ,ext5sion ( taxes fund+ ,airport & ,airway ,tru/ ,fund 7a7 ,fuel taxes ,section #djha7;d77#b77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7b7 ,ticket taxes 7#a7 ,p]sons ,section #dbfa7k77#a77;,a77ii7 ( su* ,code is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7#b7 ,prop]ty ,section #dbga7;d77#a77;,a77ii7 ( su* ,code is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 7c7 ,fractional own]%ip programs 7#a7 ,treatm5t z noncomm]cial aviation ,section #djhc7;b7 ( su* ,code is am5d$ by /rik+ ,octob] #a1 #bjag & ins]t+ ,april #a1 #bjah4 7#b7 ,exemption f ticket taxes ,section #dbfa7;j7 ( su* ,code is am5d$ by /rik+ ,septemb] #cj1 #bjag & ins]t+ ,m>* #ca1 #bjah4 ,,iii ,expir+ ,heal? ,provisions #cja4 ,ext5sion ( c]ta9 public heal? programs 7a7 ,ext5sion ( program ( paym5ts to tea*+ heal? c5t]s t op]ate graduate m$ical education programs ,section #cdj;,h7g7 ( ! ,public ,heal? ,s]vice ,act 7#db ,u4,s4,c4 #bef;h7g77 is am5d$-- 7#a7 by /rik+ & #fj1jjj1jjj & ins]t+ 1 #fj1jjj1jjj2 & 7#b7 by ins]t+ 1 & #ae1jjj1jjj = ! fir/ qu>t] ( fiscal ye> #bjah be=e ! p]iod at ! end4 7b7 ,ext5sion ( special diabetes program = ,indians ,section #ccj;,c7c77#b7 ( ! ,public ,heal? ,s]vice ,act 7#db ,u4,s4,c4 #bed;c-#c7;c77#b77 is am5d$-- 7#a7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7#b7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,d7 #cg1ejj1jjj = ! fir/ qu>t] ( fiscal ye> #bjah4 4 7c7 ,te*nical corrections ,"p ,d ( ! ,public ,heal? ,s]vice ,act is am5d$ by r$esignat+-- 7#a7 ! second subp>t ,,xi 7#db ,u4,s4,c4 #bef;i2 relat+ to a community-bas$ collaborative c>e network program7 z subp>t ,,xii2 & 7#b7 ! second section #cdj;,h 7#db ,u4,s4,c4 #bef;i7 z section #cdj;,i4 #cjb4 ,ext5sion ( ,m$ic>e ,pati5t ,,ivig ,access ,demon/ration ,project ,section #aja7;b7 ( ! ,m$ic>e ,,ivig ,access & ,/r5g!n+ ,m$ic>e & ,repay+ ,taxpay]s ,act ( #bjab 7#db ,u4,s4,c4 #aciel note7 is am5d$-- 7#a7 9 p>agraph 7#a71 by ins]t+ aft] = a p]iod ( #c ye>s ! foll[+3 &1 subject to ! availability ( funds "u subsection 7g7-- 7,a7 if ! date ( enactm5t ( ! ,disa/] ,tax ,relief & ,airport & ,airway ,ext5sion ,act ( #bjag is on or be=e ,septemb] #cj1 #bjag1 = ! p]iod beg9n+ on ,octob] #a1 #bjag1 & end+ on ,decemb] #ca1 #bjbj2 & 7,b7 if ! date ( enactm5t ( su* ,act is aft] ,septemb] #cj1 #bjag1 = ! p]iod beg9n+ on ! date ( enactm5t ( su* ,act & end+ on ,decemb] #ca1 #bjbj 2 & 7#b7 9 p>agraph 7#b71 by add+ at ! end ! foll[+ new s5t5ces3 ,subject to ! prec$+ s5t5ce1 a ,m$ic>e b5efici>y enroll$ 9 ! demon/ration project on ,septemb] #cj1 #bjag1 %all be automatically enroll$ dur+ ! p]iod beg9n+ on ! date ( ! enactm5t ( ! ,disa/] ,tax ,relief & ,airport & ,airway ,ext5sion ,act ( #bjag & end+ on ,decemb] #ca1 #bjbj1 )\t submission ( ano!r application44 #cjc4 ,funds f ! ,m$ic>e ,improvem5t ,fund ,section #ahih7;b77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acie;iii7b77#a77 is am5d$ by /rik+ dur+ & aft] fiscal ye> #bjba1 #bgj1jjj1jjj & ins]t+ dur+ & aft] fiscal ye> #bjba1 #bbj1jjj1jjj4 ,,iv ,developm5t ( ,private ,flood ,insurance ,m>ket #dja4 ,private flood insurance 7a7 ,flood ,insurance m&atory pur*ase requirem5t 7#a7 ,am\nt & t]m ( cov]age ,section #ajb ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djab;a7 is am5d$ by /rik+ ,sec4 #ajb4 7a7 & all t foll[s ?r\gh ! end ( subsection 7a7 & ins]t+ ! foll[+3 #ajb4 7a7 ,am\nt & t]m ( cov]age ,aft] ! expiration ( sixty days foll[+ ! date ( ! enactm5t ( ?is ,act1 no ,f$]al (fic] or ag5cy %all approve any f9ancial assi/ance = acquisition or con/ruction purposes = use 9 any area t has be5 id5tifi$ by ! ,adm9i/rator z an area hav+ special flood haz>ds & 9 :i* ! sale ( flood insurance has be5 made available "u ! ,national ,flood ,insurance ,act ( #aifh1 unless ! build+ or mobile home & any p]sonal prop]ty to :i* su* f9ancial assi/ance relates is cov]$ by flood insurance3 ,provid$1 ,t ! am\nt ( flood insurance 7#a7 9 ! case ( ,f$]al flood insurance1 is at lea/ equal to ! developm5t or project co/ ( ! build+1 mobile home1 or p]sonal prop]ty 7less e/imat$ l& co/71 ! out/&+ pr9cipal balance ( ! loan1 or ! maximum limit ( ,f$]al flood insurance cov]age made available ) respect to ! p>ticul> type ( prop]ty1 :i*ev] is less2 or 7#b7 9 ! case ( private flood insurance1 is at lea/ equal to ! developm5t or project co/ ( ! build+1 mobile home1 or p]sonal prop]ty 7less e/imat$ l& co/71 ! out/&+ pr9cipal balance ( ! loan1 or ! maximum limit ( ,f$]al flood insurance cov]age made available ) respect to ! p>ticul> type ( prop]ty1 :i*ev] is less3 ,provid$ fur!r1 ,t if ! f9ancial assi/ance provid$ is 9 ! =m ( a loan or an insurance or gu>anty ( a loan1 ! am\nt ( flood insurance requir$ ne$ n exce$ ! out/&+ pr9cipal balance ( ! loan & ne$ n be requir$ beyond ! t]m ( ! loan4 ,! requirem5t ( ma9ta9+ flood insurance %all apply dur+ ! life ( ! prop]ty1 reg>dless ( transf] ( own]%ip ( su* prop]ty4 4 7#b7 ,requirem5t = mortgage loans ,subsection 7b7 ( section #ajb ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djab;a7b77 is am5d$-- 7,a7 by /rik+ p>agraph 7#g72 7,b7 by r$esignat+ p>agraph 7#f7 z p>agraph 7#g72 7,c7 by /rik+ ! subsection designation & all t foll[s ?r\gh ! end ( p>agraph 7#e7 & ins]t+ ! foll[+3 7b7 ,requirem5t = mortgage loans 7#a7 ,regulat$ l5d+ in/itutions ,ea* ,f$]al entity = l5d+ regulation 7aft] consultation & coord9ation ) ! ,f9ancial ,in/itutions ,exam9ation ,c\ncil e/abli%$ "u ! ,f$]al ,f9ancial ,in/itutions ,exam9ation ,c\ncil ,act ( #aigd7 %all by regulation direct regulat$ l5d+ in/itutions n to make1 increase1 ext5d1 or r5ew any loan secur$ by improv$ real e/ate or a mobile home locat$ or to be locat$ 9 an area t has be5 id5tifi$ by ! ,adm9i/rator z an area hav+ special flood haz>ds & 9 :i* flood insurance has be5 made available "u ! ,national ,flood ,insurance ,act ( #aifh1 unless ! build+ or mobile home & any p]sonal prop]ty secur+ su* loan is cov]$ = ! t]m ( ! loan by flood insurance3 ,provid$1 ,t ! am\nt ( flood insurance 7,a7 9 ! case ( ,f$]al flood insurance1 is at lea/ equal to ! out/&+ pr9cipal balance ( ! loan or ! maximum limit ( ,f$]al flood insurance cov]age made available ) respect to ! p>ticul> type ( prop]ty1 :i*ev] is less2 or 7,b7 9 ! case ( private flood insurance1 is at lea/ equal to ! out/&+ pr9cipal balance ( ! loan or ! maximum limit ( ,f$]al flood insurance cov]age made available ) respect to ! p>ticul> type ( prop]ty1 :i*ev] is less4 7#b7 ,f$]al ag5cy l5d]s & mortgage insurance & gu>antee ag5cies 7,a7 ,f$]al ag5cy l5d]s ,a ,f$]al ag5cy l5d] may n make1 increase1 ext5d1 or r5ew any loan secur$ by improv$ real e/ate or a mobile home locat$ or to be locat$ 9 an area t has be5 id5tifi$ by ! ,adm9i/rator z an area hav+ special flood haz>ds & 9 :i* flood insurance has be5 made available "u ! ,national ,flood ,insurance ,act ( #aifh1 unless ! build+ or mobile home & any p]sonal prop]ty secur+ su* loan is cov]$ = ! t]m ( ! loan by flood insurance 9 accordance ) p>agraph 7#a74 ,ea* ,f$]al ag5cy l5d] may issue any regulations necess>y to c>ry out ?is p>agraph4 ,su* regulations %all be consi/5t ) & sub/antially id5tical to ! regulations issu$ "u p>agraph 7#a74 7,b7 ,o!r ,f$]al mortgage entities 7i7 ,cov]age requirem5ts ,ea* cov]$ ,f$]al mortgage entity %all implem5t proc$ures reasonably design$ to ensure t1 = any loan t-- 7,i7 is secur$ by improv$ real e/ate or a mobile home locat$ 9 an area t has be5 id5tifi$1 at ! "t ( ! orig9ation ( ! loan or at any "t dur+ ! t]m ( ! loan1 by ! ,adm9i/rator z an area hav+ special flood haz>ds & 9 :i* flood insurance is available "u ! ,national ,flood ,insurance ,act ( #aifh1 & 7,,ii7 is made1 insur$1 held1 or gu>ante$ by su* entity1 or backs or on :i* is bas$ any tru/ c]tificate or o!r security = :i* su* entity gu>antees ! timely paym5t ( pr9cipal & int]e/1 ! build+ or mobile home & any p]sonal prop]ty secur+ ! loan is cov]$ = ! t]m ( ! loan by flood insurance 9 ! am\nt provid$ 9 p>agraph 7#a74 7ii7 ,def9ition ,= purposes ( ?is subp>agraph1 ! t]m cov]$ ,f$]al mortgage entity means-- 7,i7 ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 ) respect to mortgages insur$ "u ! ,national ,h\s+ ,act2 7,,ii7 ! ,secret>y ( ,agriculture1 ) respect to loans made1 insur$1 or gu>ante$ "u title ,v ( ! ,h\s+ ,act ( #aidi2 & 7,,iii7 ! ,gov]nm5t ,national ,mortgage ,association4 7,c7 ,requirem5t to accept flood insurance ,ea* ,f$]al ag5cy l5d] & ea* cov]$ ,f$]al mortgage entity %all accept flood insurance z satisfaction ( ! flood insurance cov]age requirem5t "u subp>agraph 7,a7 or 7,b71 respectively1 if ! flood insurance cov]age meets ! requirem5ts = cov]age "u su* subp>agraph & ! requirem5ts relat+ to f9ancial /r5g? issu$ pursuant to p>agraph 7#d74 7#c7 ,gov]nm5t-sponsor$ ent]prises = h\s+ ,! ,f$]al ,national ,mortgage ,association & ! ,f$]al ,home ,loan ,mortgage ,corporation %all implem5t proc$ures reasonably design$ to ensure t1 = any loan t is-- 7,a7 secur$ by improv$ real e/ate or a mobile home locat$ 9 an area t has be5 id5tifi$1 at ! "t ( ! orig9ation ( ! loan or at any "t dur+ ! t]m ( ! loan1 by ! ,adm9i/rator z an area hav+ special flood haz>ds & 9 :i* flood insurance is available "u ! ,national ,flood ,insurance ,act ( #aifh1 & 7,b7 pur*as$ or gu>ante$ by su* entity1 ! build+ or mobile home & any p]sonal prop]ty secur+ ! loan is cov]$ = ! t]m ( ! loan by flood insurance 9 ! am\nt provid$ 9 p>agraph 7#a74 ,! ,f$]al ,national ,mortgage ,association & ! ,f$]al ,home ,loan ,mortgage ,corporation %all accept flood insurance z satisfaction ( ! flood insurance cov]age requirem5t "u p>agraph 7#a7 if ! flood insurance cov]age provid$ meets ! requirem5ts = cov]age "u t p>agraph & ! requirem5ts relat+ to f9ancial /r5g? issu$ pursuant to p>agraph 7#d74 7#d7 ,requirem5ts reg>d+ f9ancial /r5g? ,! ,director ( ! ,f$]al ,h\s+ ,f9ance ,ag5cy1 9 consultation ) ! ,f$]al ,national ,mortgage ,association1 ! ,f$]al ,home ,loan ,mortgage ,corporation1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 ! ,gov]nm5t ,national ,mortgage ,association1 & ! ,secret>y ( ,agriculture %all develop & implem5t requirem5ts relat+ to ! f9ancial /r5g? ( private insurance companies f :i* su* entities & ag5cies w accept private flood insurance1 provid$ t su* requirem5ts %all n affect or conflict ) any ,/ate law1 regulation1 or proc$ure conc]n+ ! regulation ( ! bus9ess ( insurance4 7#e7 ,applicability 7,a7 ,exi/+ cov]age ,except z provid$ 9 subp>agraph 7,b71 p>agraph 7#a7 %all apply on ! date ( enactm5t ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid4 7,b7 ,new cov]age ,p>agraphs 7#b7 & 7#c7 %all apply only ) respect to any loan made1 increas$1 ext5d$1 or r5ew$ aft] ! expiration ( ! #a-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid4 ,p>agraph 7#a7 %all apply ) respect to any loan made1 increas$1 ext5d$1 or r5ew$ by any l5d] sup]vis$ by ! ,f>m ,cr$it ,adm9i/ration only aft] ! expiration ( ! p]iod "u ?is subp>agraph4 7,c7 ,cont9u$ effect ( regulations ,not)/&+ any o!r provision ( ?is subsection1 ! regulations to c>ry out p>agraph 7#a71 z 9 effect imm$iately be=e ! date ( enactm5t ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid1 %all cont9ue to apply until ! regulations issu$ to c>ry out p>agraph 7#a7 z am5d$ by section #ebb7;a7 ( su* ,act take effect4 7#f7 ,rule ( con/ruction ,except z o!rwise specifi$1 any ref]5ce to flood insurance 9 ?is section %all be consid]$ to include ,f$]al flood insurance & private flood insurance4 ,no?+ 9 ?is subsection %all be con/ru$ to sup]s$e or limit ! au?ority ( a ,f$]al entity = l5d+ regulation1 ! ,f$]al ,h\s+ ,f9ance ,ag5cy1 a ,f$]al ag5cy l5d]1 a cov]$ ,f$]al mortgage entity 7z su* t]m is def9$ 9 p>agraph 7#b77;,b77ii771 ! ,f$]al ,national ,mortgage ,association1 or ! ,f$]al ,home ,loan ,mortgage ,corporation to e/abli% requirem5ts relat+ to ! f9ancial /r5g? ( private insurance companies f :i* ! entity or ag5cy w accept private flood insurance1 provid$ t su* requirem5ts %all n affect or conflict ) any ,/ate law1 regulation1 or proc$ure conc]n+ ! regulation ( ! bus9ess ( insurance4 2 & 7,d7 by add+ at ! end ! foll[+ new p>agraphs3 7#h7 ,def9itions ,9 ?is section3 7,a7 ,flood insurance ,! t]m flood insurance means-- 7i7 ,f$]al flood insurance2 & 7ii7 private flood insurance4 7,b7 ,f$]al flood insurance ,! t]m ,f$]al flood insurance means an insurance policy made available "u ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djja et seq474 7,c7 ,private flood insurance ,! t]m private flood insurance means an insurance policy t-- 7i7 is issu$ by an insurance company t is-- 7,i7 lic5s$1 admitt$1 or o!rwise approv$ to engage 9 ! bus9ess ( insurance 9 ! ,/ate 9 :i* ! insur$ build+ is locat$1 by ! insurance regulator ( t ,/ate2 or 7,,ii7 eligible z a nonadmitt$ insur] to provide insurance 9 ! home ,/ate ( ! insur$1 9 accordance ) sections #eba ?r\gh #ebg ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ae ,u4,s4,c4 #hbja ?r\gh #hbjf72 7ii7 is issu$ by an insurance company t is n o!rwise disapprov$ z a surplus l9es insur] by ! insurance regulator ( ! ,/ate 9 :i* ! prop]ty to be insur$ is locat$2 & 7iii7 provides flood insurance cov]age t complies ) ! laws & regulations ( t ,/ate4 7,d7 ,/ate ,! t]m ,/ate means any ,/ate ( ! ,unit$ ,/ates1 ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,pu]to ,rico1 ,guam1 ! ,nor!rn ,m>iana ,isl&s1 ! ,virg9 ,isl&s1 & ,am]ican ,samoa4 4 7b7 ,effect ( private flood insurance cov]age on cont9u\s cov]age requirem5ts ,section #acjh ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,effect ( private flood insurance cov]age on cont9u\s cov]age requirem5ts ,= purposes ( apply+ any /atutory1 regulatory1 or adm9i/rative cont9u\s cov]age requirem5t1 includ+ "u section #acjg7;g77#a71 ! ,adm9i/rator %all consid] any p]iod dur+ :i* a prop]ty 0 cont9u\sly cov]$ by private flood insurance 7z def9$ 9 section #ajb7;b77#h7 ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djab;a7b77#h777 to be a p]iod ( cont9u\s cov]age4 4 ,v ,tax ,relief = ,hurricanes ,h>vey1 ,irma1 & ,m>ia #eja4 ,def9itions 7a7 ,hurricane ,h>vey disa/] zone & disa/] area ,= purposes ( ?is title-- 7#a7 ,hurricane ,h>vey disa/] zone ,! t]m ,hurricane ,h>vey disa/] zone means t portion ( ! ,hurricane ,h>vey disa/] area det]m9$ by ! ,presid5t to w>rant individual or individual & public assi/ance f ! ,f$]al ,gov]nm5t "u ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,hurricane ,h>vey4 7#b7 ,hurricane ,h>vey disa/] area ,! t]m ,hurricane ,h>vey disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t be=e ,septemb] #ba1 #bjag1 "u section #dja ( su* ,act by reason ( ,hurricane ,h>vey4 7b7 ,hurricane ,irma disa/] zone & disa/] area ,= purposes ( ?is title-- 7#a7 ,hurricane ,irma disa/] zone ,! t]m ,hurricane ,irma disa/] zone means t portion ( ! ,hurricane ,irma disa/] area det]m9$ by ! ,presid5t to w>rant individual or individual & public assi/ance f ! ,f$]al ,gov]nm5t "u su* ,act by reason ( ,hurricane ,irma4 7#b7 ,hurricane ,irma disa/] area ,! t]m ,hurricane ,irma disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t be=e ,septemb] #ba1 #bjag1 "u section #dja ( su* ,act by reason ( ,hurricane ,irma4 7c7 ,hurricane ,m>ia disa/] zone & disa/] area ,= purposes ( ?is title-- 7#a7 ,hurricane ,m>ia disa/] zone ,! t]m ,hurricane ,m>ia disa/] zone means t portion ( ! ,hurricane ,m>ia disa/] area det]m9$ by ! ,presid5t to w>rant individual or individual & public assi/ance f ! ,f$]al ,gov]nm5t "u su* ,act by reason ( ,hurricane ,m>ia4 7#b7 ,hurricane ,m>ia disa/] area ,! t]m ,hurricane ,m>ia disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t be=e ,septemb] #ba1 #bjag1 "u section #dja ( su* ,act by reason ( ,hurricane ,m>ia4 #ejb4 ,special disa/]-relat$ rules = use ( retirem5t funds 7a7 ,tax-,favor$ )drawals f retirem5t plans 7#a7 ,9 g5]al ,section #gb7t7 ( ! ,int]nal ,rev5ue ,code ( #aihf %all n apply to any qualifi$ hurricane di/ribution4 7#b7 ,aggregate doll> limitation 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 ! aggregate am\nt ( di/ributions receiv$ by an individual :i* may be treat$ z qualifi$ hurricane di/ributions = any taxable ye> %all n exce$ ! excess 7if any7 (-- 7i7 #ajj1jjj1 ov] 7ii7 ! aggregate am\nts treat$ z qualifi$ hurricane di/ributions receiv$ by su* individual = all prior taxable ye>s4 7,b7 ,treatm5t ( plan di/ributions ,if a di/ribution to an individual w\ld 7)\t reg>d to subp>agraph 7,a77 be a qualifi$ hurricane di/ribution1 a plan %all n be treat$ z violat+ any requirem5t ( ! ,int]nal ,rev5ue ,code ( #aihf m]ely because ! plan treats su* di/ribution z a qualifi$ hurricane di/ribution1 unless ! aggregate am\nt ( su* di/ributions f all plans ma9ta9$ by ! employ] 7& any memb] ( any controll$ gr\p :i* includes ! employ]7 to su* individual exce$s #ajj1jjj4 7,c7 ,controll$ gr\p ,= purposes ( subp>agraph 7,b71 ! t]m controll$ gr\p means any gr\p treat$ z a s+le employ] "u subsection 7b71 7c71 7m71 or 7o7 ( section #dad ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#c7 ,am\nt di/ribut$ may be repaid 7,a7 ,9 g5]al ,any individual :o receives a qualifi$ hurricane di/ribution may1 at any "t dur+ ! #c-ye> p]iod beg9n+ on ! day aft] ! date on :i* su* di/ribution 0 receiv$1 make "o or m contributions 9 an aggregate am\nt n to exce$ ! am\nt ( su* di/ribution to an eligible retirem5t plan ( :i* su* individual is a b5efici>y & to :i* a rollov] contribution ( su* di/ribution c\ld be made "u section #djb7;c71 #djc7;a77#d71 #djc7;b77#h71 #djh7;d77#c71 or #deg7;e77#af71 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z ! case may be4 7,b7 ,treatm5t ( repaym5ts ( di/ributions f eligible retirem5t plans o!r ?an ,i,r,as ,= purposes ( ! ,int]nal ,rev5ue ,code ( #aihf1 if a contribution is made pursuant to subp>agraph 7,a7 ) respect to a qualifi$ hurricane di/ribution f an eligible retirem5t plan o!r ?an an individual retirem5t plan1 !n ! taxpay] %all1 to ! ext5t ( ! am\nt ( ! contribution1 be treat$ z hav+ receiv$ ! qualifi$ hurricane di/ribution 9 an eligible rollov] di/ribution 7z def9$ 9 section #djb7;c77#d7 ( su* ,code7 & z hav+ transf]r$ ! am\nt to ! eligible retirem5t plan 9 a direct tru/ee to tru/ee transf] )9 #fj days ( ! di/ribution4 7,c7 ,treatm5t ( repaym5ts = di/ributions f ,i,r,as ,= purposes ( ! ,int]nal ,rev5ue ,code ( #aihf1 if a contribution is made pursuant to subp>agraph 7,a7 ) respect to a qualifi$ hurricane di/ribution f an individual retirem5t plan 7z def9$ by section #ggja7;a77#cg7 ( su* ,code71 !n1 to ! ext5t ( ! am\nt ( ! contribution1 ! qualifi$ hurricane di/ribution %all be treat$ z a di/ribution describ$ 9 section #djh7;d77#c7 ( su* ,code & z hav+ be5 transf]r$ to ! eligible retirem5t plan 9 a direct tru/ee to tru/ee transf] )9 #fj days ( ! di/ribution4 7#d7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,qualifi$ hurricane di/ribution ,except z provid$ 9 p>agraph 7#b71 ! t]m qualifi$ hurricane di/ribution means-- 7i7 any di/ribution f an eligible retirem5t plan made on or aft] ,augu/ #bc1 #bjag1 & be=e ,janu>y #a1 #bjai1 to an individual ^: pr9cipal place ( abode on ,augu/ #bc1 #bjag1 is locat$ 9 ! ,hurricane ,h>vey disa/] area & :o has su/a9$ an economic loss by reason ( ,hurricane ,h>vey1 7ii7 any di/ribution 7:i* is n describ$ 9 clause 7i77 f an eligible retirem5t plan made on or aft] ,septemb] #d1 #bjag1 & be=e ,janu>y #a1 #bjai1 to an individual ^: pr9cipal place ( abode on ,septemb] #d1 #bjag1 is locat$ 9 ! ,hurricane ,irma disa/] area & :o has su/a9$ an economic loss by reason ( ,hurricane ,irma1 & 7iii7 any di/ribution 7:i* is n describ$ 9 clause 7i7 or 7ii77 f an eligible retirem5t plan made on or aft] ,septemb] #af1 #bjag1 & be=e ,janu>y #a1 #bjai1 to an individual ^: pr9cipal place ( abode on ,septemb] #af1 #bjag1 is locat$ 9 ! ,hurricane ,m>ia disa/] area & :o has su/a9$ an economic loss by reason ( ,hurricane ,m>ia4 7,b7 ,eligible retirem5t plan ,! t]m eligible retirem5t plan %all h ! mean+ giv5 su* t]m by section #djb7;c77#h77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#e7 ,income inclusion spread ov] #c-ye> p]iod 7,a7 ,9 g5]al ,9 ! case ( any qualifi$ hurricane di/ribution1 unless ! taxpay] elects n to h ?is p>agraph apply = any taxable ye>1 any am\nt requir$ to be includ$ 9 gross income = su* taxable ye> %all be s includ$ ratably ov] ! #c-taxable-ye> p]iod beg9n+ ) su* taxable ye>4 7,b7 ,special rule ,= purposes ( subp>agraph 7,a71 rules simil> to ! rules ( subp>agraph 7,e7 ( section #djh;,a7d77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf %all apply4 7#f7 ,special rules 7,a7 ,exemption ( di/ributions f tru/ee to tru/ee transf] & )hold+ rules ,= purposes ( sections #dja7;a77#ca71 #djb7;f71 & #cdje ( ! ,int]nal ,rev5ue ,code ( #aihf1 qualifi$ hurricane di/ributions %all n be treat$ z eligible rollov] di/ributions4 7,b7 ,qualifi$ hurricane di/ributions treat$ z meet+ plan di/ribution requirem5ts ,= purposes ! ,int]nal ,rev5ue ,code ( #aihf1 a qualifi$ hurricane di/ribution %all be treat$ z meet+ ! requirem5ts ( sections #dja7k77#b77;,b77i71 #djc7;b77#g77;,a77ii71 #djc7;b77#aa71 & #deg7;d77#a77;,a7 ( su* ,code4 7b7 ,recontributions ( )drawals = home pur*ases 7#a7 ,recontributions 7,a7 ,9 g5]al ,any individual :o receiv$ a qualifi$ di/ribution may1 dur+ ! p]iod beg9n+ on ,augu/ #bc1 #bjag1 & end+ on ,febru>y #bh1 #bjah1 make "o or m contributions 9 an aggregate am\nt n to exce$ ! am\nt ( su* qualifi$ di/ribution to an eligible retirem5t plan 7z def9$ 9 section #djb7;c77#h77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf7 ( :i* su* individual is a b5efici>y & to :i* a rollov] contribution ( su* di/ribution c\ld be made "u section #djb7;c71 #djc7;a77#d71 #djc7;b77#h71 or #djh7;d77#c71 ( su* ,code1 z ! case may be4 7,b7 ,treatm5t ( repaym5ts ,rules simil> to ! rules ( subp>agraphs 7,b7 & 7,c7 ( subsection 7a77#c7 %all apply = purposes ( ?is subsection4 7#b7 ,qualifi$ di/ribution ,= purposes ( ?is subsection1 ! t]m qualifi$ di/ribution means any di/ribution-- 7,a7 describ$ 9 section #dja7k77#b77;,b77i77,,iv71 #djc7;b77#g77;,a77ii7 7b only to ! ext5t su* di/ribution relates to f9ancial h>d%ip71 #djc7;b77#aa77;,b71 or #gb7t77#b77;,f71 ( ! ,int]nal ,rev5ue ,code ( #aihf1 7,b7 receiv$ aft] ,febru>y #bh1 #bjag1 & be=e ,septemb] #ba1 #bjag1 & 7,c7 :i* 0 to be us$ to pur*ase or con/ruct a pr9cipal resid5ce 9 ! ,hurricane ,h>vey disa/] area1 ! ,hurricane ,irma disa/] area1 or ! ,hurricane ,m>ia disa/] area1 b :i* 0 n s pur*as$ or con/ruct$ on acc\nt ( ,hurricane ,h>vey1 ,hurricane ,irma1 or ,hurricane ,m>ia4 7c7 ,loans f qualifi$ plans 7#a7 ,increase 9 limit on loans n treat$ z di/ributions ,9 ! case ( any loan f a qualifi$ employ] plan 7z def9$ "u section #gb7p77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf7 to a qualifi$ individual made dur+ ! p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act & end+ on ,decemb] #ca1 #bjah-- 7,a7 clause 7i7 ( section #gb7p77#b77;,a7 ( su* ,code %all be appli$ by sub/itut+ #ajj1jjj = #ej1jjj1 & 7,b7 clause 7ii7 ( su* section %all be appli$ by sub/itut+ ! pres5t value ( ! non=feitable accru$ b5efit ( ! employee "u ! plan = "o-half ( ! pres5t value ( ! non=feitable accru$ b5efit ( ! employee "u ! plan4 7#b7 ,delay ( repaym5t ,9 ! case ( a qualifi$ individual ) an out/&+ loan on or aft] ! qualifi$ beg9n+ date f a qualifi$ employ] plan 7z def9$ 9 section #gb7p77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf7-- 7,a7 if ! due date pursuant to subp>agraph 7,b7 or 7,c7 ( section #gb7p77#b7 ( su* ,code = any repaym5t ) respect to su* loan occurs dur+ ! p]iod beg9n+ on ! qualifi$ beg9n+ date & end+ on ,decemb] #ca1 #bjah1 su* due date %all be delay$ = #a ye>1 7,b7 any subsequ5t repaym5ts ) respect to any su* loan %all be appropriately adju/$ to reflect ! delay 9 ! due date "u p>agraph 7#a7 & any int]e/ accru+ dur+ su* delay1 & 7,c7 9 det]m9+ ! #e-ye> p]iod & ! t]m ( a loan "u subp>agraph 7,b7 or 7,c7 ( section #gb7p77#b7 ( su* ,code1 ! p]iod describ$ 9 subp>agraph 7,a7 %all be disreg>d$4 7#c7 ,qualifi$ individual ,= purposes ( ?is subsection-- 7,a7 ,9 g5]al ,! t]m qualifi$ individual means any qualifi$ ,hurricane ,h>vey individual1 any qualifi$ ,hurricane ,irma individual1 & any qualifi$ ,hurricane ,m>ia individual4 7,b7 ,qualifi$ ,hurricane ,h>vey individual ,! t]m qualifi$ ,hurricane ,h>vey individual means an individual ^: pr9cipal place ( abode on ,augu/ #bc1 #bjag1 is locat$ 9 ! ,hurricane ,h>vey disa/] area & :o has su/a9$ an economic loss by reason ( ,hurricane ,h>vey4 7,c7 ,qualifi$ ,hurricane ,irma individual ,! t]m qualifi$ ,hurricane ,irma individual means an individual 7o!r ?an a qualifi$ ,hurricane ,h>vey individual7 ^: pr9cipal place ( abode on ,septemb] #d1 #bjag1 is locat$ 9 ! ,hurricane ,irma disa/] area & :o has su/a9$ an economic loss by reason ( ,hurricane ,irma4 7,d7 ,qualifi$ ,hurricane ,m>ia individual ,! t]m qualifi$ ,hurricane ,m>ia individual means an individual 7o!r ?an a qualifi$ ,hurricane ,h>vey individual or a qualifi$ ,hurricane ,irma individual7 ^: pr9cipal place ( abode on ,septemb] #af1 #bjag1 is locat$ 9 ! ,hurricane ,m>ia disa/] area & :o has su/a9$ an economic loss by reason ( ,hurricane ,m>ia4 7#d7 ,qualifi$ beg9n+ date ,= purposes ( ?is subsection1 ! qualifi$ beg9n+ date is-- 7,a7 9 ! case ( any qualifi$ ,hurricane ,h>vey individual1 ,augu/ #bc1 #bjag1 7,b7 9 ! case ( any qualifi$ ,hurricane ,irma individual1 ,septemb] #d1 #bjag1 & 7,c7 9 ! case ( any qualifi$ ,hurricane ,m>ia individual1 ,septemb] #af1 #bjag4 7d7 ,provisions relat+ to plan am5dm5ts 7#a7 ,9 g5]al ,if ?is subsection applies to any am5dm5t to any plan or annuity contract1 su* plan or contract %all be treat$ z be+ op]at$ 9 accordance ) ! t]ms ( ! plan dur+ ! p]iod describ$ 9 p>agraph 7#b77;,b77i74 7#b7 ,am5dm5ts to :i* subsection applies 7,a7 ,9 g5]al ,?is subsection %all apply to any am5dm5t to any plan or annuity contract :i* is made-- 7i7 pursuant to any provision ( ?is section1 or pursuant to any regulation issu$ by ! ,secret>y or ! ,secret>y ( ,labor "u any provision ( ?is section1 & 7ii7 on or be=e ! la/ day ( ! fir/ plan ye> beg9n+ on or aft] ,janu>y #a1 #bjai1 or su* lat] date z ! ,secret>y may prescribe4 ,9 ! case ( a gov]nm5tal plan 7z def9$ 9 section #dad7;d7 ( ! ,int]nal ,rev5ue ,code ( #aihf71 clause 7ii7 %all be appli$ by sub/itut+ ! date :i* is #b ye>s aft] ! date o!rwise appli$ "u clause 7ii74 7,b7 ,conditions ,?is subsection %all n apply to any am5dm5t unless-- 7i7 dur+ ! p]iod-- 7,i7 beg9n+ on ! date t ?is section or ! regulation describ$ 9 subp>agraph 7,a77i7 takes effect 7or 9 ! case ( a plan or contract am5dm5t n requir$ by ?is section or su* regulation1 ! effective date specifi$ by ! plan71 & 7,,ii7 end+ on ! date describ$ 9 subp>agraph 7,a77ii7 7or1 if e>li]1 ! date ! plan or contract am5dm5t is adopt$71 ! plan or contract is op]at$ z if su* plan or contract am5dm5t 7 9 effect1 & 7ii7 su* plan or contract am5dm5t applies retroactively = su* p]iod4 #ejc4 ,disa/]-relat$ employm5t relief 7a7 ,employee ret5tion cr$it = employ]s affect$ by ,hurricane ,h>vey 7#a7 ,9 g5]al ,= purposes ( section #ch ( ! ,int]nal ,rev5ue ,code ( #aihf1 9 ! case ( an eligible employ]1 ! ,hurricane ,h>vey employee ret5tion cr$it %all be treat$ z a cr$it li/$ 9 subsection 7b7 ( su* section4 ,= purposes ( ?is subsection1 ! ,hurricane ,h>vey employee ret5tion cr$it = any taxable ye> is an am\nt equal to #dj p]c5t ( ! qualifi$ wages ) respect to ea* eligible employee ( su* employ] = su* taxable ye>4 ,= purposes ( ! prec$+ s5t5ce1 ! am\nt ( qualifi$ wages :i* may be tak5 into acc\nt ) respect to any individual %all n exce$ #f1jjj4 7#b7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,eligible employ] ,! t]m eligible employ] means any employ]-- 7i7 :i* conduct$ an active trade or bus9ess on ,augu/ #bc1 #bjag1 9 ! ,hurricane ,h>vey disa/] zone1 & 7ii7 ) respect to :om ! trade or bus9ess describ$ 9 clause 7i7 is inop]able on any day aft] ,augu/ #bc1 #bjag1 & be=e ,janu>y #a1 #bjah1 z a result ( damage su/a9$ by reason ( ,hurricane ,h>vey4 7,b7 ,eligible employee ,! t]m eligible employee means ) respect to an eligible employ] an employee ^: pr9cipal place ( employm5t on ,augu/ #bc1 #bjag1 ) su* eligible employ] 0 9 ! ,hurricane ,h>vey disa/] zone4 7,c7 ,qualifi$ wages ,! t]m qualifi$ wages means wages 7z def9$ 9 section #ea7;c77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 b )\t reg>d to section #ccjf7;b77#b77;,b7 ( su* ,code7 paid or incurr$ by an eligible employ] ) respect to an eligible employee on any day aft] ,augu/ #bc1 #bjag1 & be=e ,janu>y #a1 #bjah1 :i* occurs dur+ ! p]iod-- 7i7 beg9n+ on ! date on :i* ! trade or bus9ess describ$ 9 subp>agraph 7,a7 fir/ became inop]able at ! pr9cipal place ( employm5t ( ! employee imm$iately be=e ,hurricane ,h>vey1 & 7ii7 end+ on ! date on :i* su* trade or bus9ess has resum$ significant op]ations at su* pr9cipal place ( employm5t4 ,su* t]m %all include wages paid )\t reg>d to :e!r ! employee p]=ms no s]vices1 p]=ms s]vices at a diff]5t place ( employm5t ?an su* pr9cipal place ( employm5t1 or p]=ms s]vices at su* pr9cipal place ( employm5t be=e significant op]ations h resum$4 7#c7 ,c]ta9 rules to apply ,= purposes ( ?is subsection1 rules simil> to ! rules ( sections #ea7;i77#a7 & #eb1 ( ! ,int]nal ,rev5ue ,code ( #aihf1 %all apply4 7#d7 ,employee n tak5 into acc\nt m ?an once ,an employee %all n be treat$ z an eligible employee = purposes ( ?is subsection = any p]iod ) respect to any employ] if su* employ] is all[$ a cr$it "u section #ea ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to su* employee = su* p]iod4 7b7 ,employee ,ret5tion ,cr$it = ,employ]s ,affect$ by ,hurricane ,irma 7#a7 ,9 g5]al ,= purposes ( section #ch ( ! ,int]nal ,rev5ue ,code ( #aihf1 9 ! case ( an eligible employ]1 ! ,hurricane ,irma employee ret5tion cr$it %all be treat$ z a cr$it li/$ 9 subsection 7b7 ( su* section4 ,= purposes ( ?is subsection1 ! ,hurricane ,irma employee ret5tion cr$it = any taxable ye> is an am\nt equal to #dj p]c5t ( ! qualifi$ wages ) respect to ea* eligible employee ( su* employ] = su* taxable ye>4 ,= purposes ( ! prec$+ s5t5ce1 ! am\nt ( qualifi$ wages :i* may be tak5 into acc\nt ) respect to any individual %all n exce$ #f1jjj4 7#b7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,eligible employ] ,! t]m eligible employ] means any employ]-- 7i7 :i* conduct$ an active trade or bus9ess on ,septemb] #d1 #bjag1 9 ! ,hurricane ,irma disa/] zone1 & 7ii7 ) respect to :om ! trade or bus9ess describ$ 9 clause 7i7 is inop]able on any day aft] ,septemb] #d1 #bjag1 & be=e ,janu>y #a1 #bjah1 z a result ( damage su/a9$ by reason ( ,hurricane ,irma4 7,b7 ,eligible employee ,! t]m eligible employee means ) respect to an eligible employ] an employee ^: pr9cipal place ( employm5t on ,septemb] #d1 #bjag1 ) su* eligible employ] 0 9 ! ,hurricane ,irma disa/] zone4 7,c7 ,qualifi$ wages ,! t]m qualifi$ wages means wages 7z def9$ 9 section #ea7;c77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 b )\t reg>d to section #ccjf7;b77#b77;,b7 ( su* ,code7 paid or incurr$ by an eligible employ] ) respect to an eligible employee on any day aft] ,septemb] #d1 #bjag1 & be=e ,janu>y #a1 #bjah1 :i* occurs dur+ ! p]iod-- 7i7 beg9n+ on ! date on :i* ! trade or bus9ess describ$ 9 subp>agraph 7,a7 fir/ became inop]able at ! pr9cipal place ( employm5t ( ! employee imm$iately be=e ,hurricane ,irma1 & 7ii7 end+ on ! date on :i* su* trade or bus9ess has resum$ significant op]ations at su* pr9cipal place ( employm5t4 ,su* t]m %all include wages paid )\t reg>d to :e!r ! employee p]=ms no s]vices1 p]=ms s]vices at a diff]5t place ( employm5t ?an su* pr9cipal place ( employm5t1 or p]=ms s]vices at su* pr9cipal place ( employm5t be=e significant op]ations h resum$4 7#c7 ,c]ta9 rules to apply ,= purposes ( ?is subsection1 rules simil> to ! rules ( sections #ea7;i77#a7 & #eb1 ( ! ,int]nal ,rev5ue ,code ( #aihf1 %all apply4 7#d7 ,employee n tak5 into acc\nt m ?an once ,an employee %all n be treat$ z an eligible employee = purposes ( ?is subsection = any p]iod ) respect to any employ] if su* employ] is all[$ a cr$it "u subsection 7a71 or section #ea ( ! ,int]nal ,rev5ue ,code ( #aihf1 ) respect to su* employee = su* p]iod4 7c7 ,employee ret5tion cr$it = employ]s affect$ by ,hurricane ,m>ia 7#a7 ,9 g5]al ,= purposes ( section #ch ( ! ,int]nal ,rev5ue ,code ( #aihf1 9 ! case ( an eligible employ]1 ! ,hurricane ,m>ia employee ret5tion cr$it %all be treat$ z a cr$it li/$ 9 subsection 7b7 ( su* section4 ,= purposes ( ?is subsection1 ! ,hurricane ,m>ia employee ret5tion cr$it = any taxable ye> is an am\nt equal to #dj p]c5t ( ! qualifi$ wages ) respect to ea* eligible employee ( su* employ] = su* taxable ye>4 ,= purposes ( ! prec$+ s5t5ce1 ! am\nt ( qualifi$ wages :i* may be tak5 into acc\nt ) respect to any individual %all n exce$ #f1jjj4 7#b7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,eligible employ] ,! t]m eligible employ] means any employ]-- 7i7 :i* conduct$ an active trade or bus9ess on ,septemb] #af1 #bjag1 9 ! ,hurricane ,m>ia disa/] zone1 & 7ii7 ) respect to :om ! trade or bus9ess describ$ 9 clause 7i7 is inop]able on any day aft] ,septemb] #af1 #bjag1 & be=e ,janu>y #a1 #bjah1 z a result ( damage su/a9$ by reason ( ,hurricane ,m>ia4 7,b7 ,eligible employee ,! t]m eligible employee means ) respect to an eligible employ] an employee ^: pr9cipal place ( employm5t on ,septemb] #af1 #bjag1 ) su* eligible employ] 0 9 ! ,hurricane ,m>ia disa/] zone4 7,c7 ,qualifi$ wages ,! t]m qualifi$ wages means wages 7z def9$ 9 section #ea7;c77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 b )\t reg>d to section #ccjf7;b77#b77;,b7 ( su* ,code7 paid or incurr$ by an eligible employ] ) respect to an eligible employee on any day aft] ,septemb] #af1 #bjag1 & be=e ,janu>y #a1 #bjah1 :i* occurs dur+ ! p]iod-- 7i7 beg9n+ on ! date on :i* ! trade or bus9ess describ$ 9 subp>agraph 7,a7 fir/ became inop]able at ! pr9cipal place ( employm5t ( ! employee imm$iately be=e ,hurricane ,m>ia1 & 7ii7 end+ on ! date on :i* su* trade or bus9ess has resum$ significant op]ations at su* pr9cipal place ( employm5t4 ,su* t]m %all include wages paid )\t reg>d to :e!r ! employee p]=ms no s]vices1 p]=ms s]vices at a diff]5t place ( employm5t ?an su* pr9cipal place ( employm5t1 or p]=ms s]vices at su* pr9cipal place ( employm5t be=e significant op]ations h resum$4 7#c7 ,c]ta9 rules to apply ,= purposes ( ?is subsection1 rules simil> to ! rules ( sections #ea7;i77#a7 & #eb1 ( ! ,int]nal ,rev5ue ,code ( #aihf1 %all apply4 7#d7 ,employee n tak5 into acc\nt m ?an once ,an employee %all n be treat$ z an eligible employee = purposes ( ?is subsection = any p]iod ) respect to any employ] if su* employ] is all[$ a cr$it "u subsection 7a7 or 7b71 or section #ea ( ! ,int]nal ,rev5ue ,code ( #aihf1 ) respect to su* employee = su* p]iod4 #ejd4 ,additional disa/]-relat$ tax relief provisions 7a7 ,tempor>y susp5sion ( limitations on *>itable contributions 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 p>agraph 7#b71 subsection 7b7 ( section #agj ( ! ,int]nal ,rev5ue ,code ( #aihf %all n apply to qualifi$ contributions & su* contributions %all n be tak5 into acc\nt = purposes ( apply+ subsections 7b7 & 7d7 ( su* section to o!r contributions4 7#b7 ,treatm5t ( excess contributions ,= purposes ( section #agj ( ! ,int]nal ,rev5ue ,code ( #aihf-- 7,a7 ,individuals ,9 ! case ( an individual-- 7i7 ,limitation ,any qualifi$ contribution %all be all[$ only to ! ext5t t ! aggregate ( su* contributions does n exce$ ! excess ( ! taxpay]'s contribution base 7z def9$ 9 subp>agraph 7,g7 ( section #agj7;b77#a7 ( su* ,code7 ov] ! am\nt ( all o!r *>itable contributions all[$ "u section #agj7;b77#a7 ( su* ,code4 7ii7 ,c>ryov] ,if ! aggregate am\nt ( qualifi$ contributions made 9 ! contribution ye> 7)9 ! mean+ ( section #agj7;d77#a7 ( su* ,code7 exce$s ! limitation ( clause 7i71 su* excess %all be add$ to ! excess describ$ 9 ! portion ( subp>agraph 7,a7 ( su* section :i* prec$es clause 7i7 !re( = purposes ( apply+ su* section4 7,b7 ,corporations ,9 ! case ( a corporation-- 7i7 ,limitation ,any qualifi$ contribution %all be all[$ only to ! ext5t t ! aggregate ( su* contributions does n exce$ ! excess ( ! taxpay]'s taxable income 7z det]m9$ "u p>agraph 7#b7 ( section #agj7;b7 ( su* ,code7 ov] ! am\nt ( all o!r *>itable contributions all[$ "u su* p>agraph4 7ii7 ,c>ryov] ,rules simil> to ! rules ( subp>agraph 7,a77ii7 %all apply = purposes ( ?is subp>agraph4 7#c7 ,exception to ov]all limitation on itemiz$ d$uctions ,s mu* ( any d$uction all[$ "u section #agj ( ! ,int]nal ,rev5ue ,code ( #aihf z does n exce$ ! qualifi$ contributions paid dur+ ! taxable ye> %all n be treat$ z an itemiz$ d$uction = purposes ( section #fh ( su* ,code4 7#d7 ,qualifi$ contributions 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 ! t]m qualifi$ contribution means any *>itable contribution 7z def9$ 9 section #agj7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf7 if-- 7i7 su* contribution-- 7,i7 is paid dur+ ! p]iod beg9n+ on ,augu/ #bc1 #bjag1 & end+ on ,decemb] #ca1 #bjag1 9 ca% to an organization describ$ 9 section #agj7;b77#a77;,a7 ( su* ,code1 & 7,,ii7 is made = relief ef=ts 9 ! ,hurricane ,h>vey disa/] area1 ! ,hurricane ,irma disa/] area1 or ! ,hurricane ,m>ia disa/] area1 7ii7 ! taxpay] obta9s f su* organization contemporane\s writt5 ackn[l$gm5t 7)9 ! mean+ ( section #agj7;f77#h7 ( su* ,code7 t su* contribution 0 us$ 7or is to be us$7 = relief ef=ts describ$ 9 clause 7i77,,ii71 & 7iii7 ! taxpay] has elect$ ! application ( ?is subsection ) respect to su* contribution4 7,b7 ,exception ,su* t]m %all n include a contribution by a donor if ! contribution is-- 7i7 to an organization describ$ 9 section #eji7;a77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 or 7ii7 = ! e/abli%m5t ( a new1 or ma9t5ance ( an exi/+1 donor advis$ fund 7z def9$ 9 section #diff7;d77#b7 ( su* ,code74 7,c7 ,application ( election to p>tn]%ips & ,s corporations ,9 ! case ( a p>tn]%ip or ,s corporation1 ! election "u subp>agraph 7,a77iii7 %all be made sep>ately by ea* p>tn] or %>ehold]4 7b7 ,special rules = qualifi$ disa/]-,relat$ p]sonal casualty losses 7#a7 ,9 g5]al ,if an individual has a net disa/] loss = any taxable ye>-- 7,a7 ! am\nt det]m9$ "u section #afe7;h77#b77;,a77ii7 ( ! ,int]nal ,rev5ue ,code ( #aihf %all be equal to ! sum (-- 7i7 su* net disa/] loss1 & 7ii7 s mu* ( ! excess ref]r$ to 9 ! matt] prec$+ clause 7i7 ( section #afe7;h77#b77;,a7 ( su* ,code 7r$uc$ by ! am\nt 9 clause 7i7 ( ?is subp>agraph7 z exce$s #aj p]c5t ( ! adju/$ gross income ( ! individual1 7,b7 section #afe7;h77#a7 ( su* ,code %all be appli$ by sub/itut+ #ejj = #ejj 7#ajj = taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjji71 7,c7 ! /&>d d$uction det]m9$ "u section #fc7;c7 ( su* ,code %all be increas$ by ! net disa/] loss1 & 7,d7 section #ef7;b77#a77;,e7 ( su* ,code %all n apply to s mu* ( ! /&>d d$uction z is attributable to ! increase "u subp>agraph 7,c7 ( ?is p>agraph4 7#b7 ,net disa/] loss ,= purposes ( ?is subsection1 ! t]m net disa/] loss means ! excess ( qualifi$ disa/]-relat$ p]sonal casualty losses ov] p]sonal casualty ga9s 7z def9$ 9 section #afe7;h77#c77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf74 7#c7 ,qualifi$ disa/]-relat$ p]sonal casualty losses ,= purposes ( ?is subsection1 ! t]m qualifi$ disa/]-relat$ p]sonal casualty losses means losses describ$ 9 section #afe7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf-- 7,a7 :i* arise 9 ! ,hurricane ,h>vey disa/] area on or aft] ,augu/ #bc1 #bjag1 & :i* are attributable to ,hurricane ,h>vey1 7,b7 :i* arise 9 ! ,hurricane ,irma disa/] area on or aft] ,septemb] #d1 #bjag1 & :i* are attributable to ,hurricane ,irma1 or 7,c7 :i* arise 9 ! ,hurricane ,m>ia disa/] area on or aft] ,septemb] #af1 #bjag1 & :i* are attributable to ,hurricane ,m>ia4 7c7 ,special rule = det]m9+ e>n$ income 7#a7 ,9 g5]al ,9 ! case ( a qualifi$ individual1 if ! e>n$ income ( ! taxpay] = ! taxable ye> :i* includes ! applicable date is less ?an ! e>n$ income ( ! taxpay] = ! prec$+ taxable ye>1 ! cr$its all[$ "u sections #bd7;d7 & #cb ( ! ,int]nal ,rev5ue ,code ( #aihf may1 at ! election ( ! taxpay]1 be det]m9$ by sub/itut+-- 7,a7 su* e>n$ income = ! prec$+ taxable ye>1 = 7,b7 su* e>n$ income = ! taxable ye> :i* includes ! applicable date4 ,9 ! case ( a resid5t ( ,pu]to ,rico det]m9+ ! cr$it all[$ "u section #bd7;d77#a77;,b77ii7 ( su* ,code1 ! prec$+ s5t5ce %all be appli$ by sub/itut+ social security taxes 7z def9$ 9 section #bd7;d77#b77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf7 = e>n$ income ea* place x appe>s4 7#b7 ,qualifi$ individual ,= purposes ( ?is subsection-- 7,a7 ,9 g5]al ,! t]m qualifi$ individual means any qualifi$ ,hurricane ,h>vey individual1 any qualifi$ ,hurricane ,irma individual1 & any qualifi$ ,hurricane ,m>ia individual4 7,b7 ,qualifi$ ,hurricane ,h>vey individual ,! t]m qualifi$ ,hurricane ,h>vey individual means any individual ^: pr9cipal place ( abode on ,augu/ #bc1 #bjag1 0 locat$-- 7i7 9 ! ,hurricane ,h>vey disa/] zone1 or 7ii7 9 ! ,hurricane ,h>vey disa/] area 7b outside ! ,hurricane ,h>vey disa/] zone7 & su* individual 0 displac$ f su* pr9cipal place ( abode by reason ( ,hurricane ,h>vey4 7,c7 ,qualifi$ ,hurricane ,irma individual ,! t]m qualifi$ ,hurricane ,irma individual means any individual 7o!r ?an a qualifi$ ,hurricane ,h>vey individual7 ^: pr9cipal place ( abode on ,septemb] #d1 #bjag1 0 locat$-- 7i7 9 ! ,hurricane ,irma disa/] zone1 or 7ii7 9 ! ,hurricane ,irma disa/] area 7b outside ! ,hurricane ,irma disa/] zone7 & su* individual 0 displac$ f su* pr9cipal place ( abode by reason ( ,hurricane ,irma4 7,d7 ,qualifi$ ,hurricane ,m>ia individual ,! t]m qualifi$ ,hurricane ,m>ia individual means any individual 7o!r ?an a qualifi$ ,hurricane ,h>vey individual or a qualifi$ ,hurricane ,irma individual7 ^: pr9cipal place ( abode on ,septemb] #af1 #bjag1 0 locat$-- 7i7 9 ! ,hurricane ,m>ia disa/] zone1 or 7ii7 9 ! ,hurricane ,m>ia disa/] area 7b outside ! ,hurricane ,m>ia disa/] zone7 & su* individual 0 displac$ f su* pr9cipal place ( abode by reason ( ,hurricane ,m>ia4 7#c7 ,applicable date ,= purposes ( ?is subsection1 ! t]m applicable date means-- 7,a7 9 ! case ( a qualifi$ ,hurricane ,h>vey individual1 ,augu/ #bc1 #bjag1 7,b7 9 ! case ( a qualifi$ ,hurricane ,irma individual1 ,septemb] #d1 #bjag1 & 7,c7 9 ! case ( a qualifi$ ,hurricane ,m>ia individual1 ,septemb] #af1 #bjag4 7#d7 ,e>n$ income ,= purposes ( ?is subsection1 ! t]m e>n$ income has ! mean+ giv5 su* t]m "u section #cb7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#e7 ,special rules 7,a7 ,application to jo9t returns ,= purposes ( p>agraph 7#a71 9 ! case ( a jo9t return = a taxable ye> :i* includes ! applicable date-- 7i7 su* p>agraph %all apply if ei!r sp\se is a qualifi$ individual1 & 7ii7 ! e>n$ income ( ! taxpay] = ! prec$+ taxable ye> %all be ! sum ( ! e>n$ income ( ea* sp\se = su* prec$+ taxable ye>4 7,b7 ,uni=m application ( election ,any election made "u p>agraph 7#a7 %all apply ) respect to bo? sections #bd7;d7 & #cb1 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7,c7 ,errors treat$ z ma!matical error ,= purposes ( section #fbac ( ! ,int]nal ,rev5ue ,code ( #aihf1 an incorrect use on a return ( e>n$ income pursuant to p>agraph 7#a7 %all be treat$ z a ma!matical or cl]ical error4 7,d7 ,no effect on det]m9ation ( gross income1 etc ,except z o!rwise provid$ 9 ?is subsection1 ! ,int]nal ,rev5ue ,code ( #aihf %all be appli$ )\t reg>d to any sub/itution "u p>agraph 7#a74 7d7 ,application ( disa/]-,relat$ tax relief to possessions ( ! ,unit$ ,/ates 7#a7 ,paym5ts to ,unit$ ,/ates ,virg9 ,isl&s & ,pu]to ,rico 7,a7 ,unit$ ,/ates ,virg9 ,isl&s ,! ,secret>y ( ! ,treasury %all pay to ! ,unit$ ,/ates ,virg9 ,isl&s am\nts equal to ! loss 9 rev5ues to ! ,unit$ ,/ates ,virg9 ,isl&s by reason ( ! provisions ( ?is title4 ,su* am\nts %all be det]m9$ by ! ,secret>y ( ! ,treasury bas$ on in=mation provid$ by ! gov]nm5t ( ! ,unit$ ,/ates ,virg9 ,isl&s4 7,b7 ,pu]to ,rico ,! ,secret>y ( ! ,treasury %all pay to ,pu]to ,rico am\nts e/imat$ by ! ,secret>y ( ! ,treasury z be+ equal to ! aggregate b5efits t w\ld h be5 provid$ to resid5ts ( ,pu]to ,rico by reason ( ! provisions ( ?is title if a mirror code tax sy/em _h be5 9 effect 9 ,pu]to ,rico4 ,! prec$+ s5t5ce %all n apply ) respect to ,pu]to ,rico unless ,pu]to ,rico has a plan1 :i* has be5 approv$ by ! ,secret>y ( ! ,treasury1 "u :i* ,pu]to ,rico w promptly di/ribute su* paym5ts to its resid5ts4 7#b7 ,def9ition & special rules 7,a7 ,mirror code tax sy/em ,= purposes ( ?is subsection1 ! t]m mirror code tax sy/em means1 ) respect to any possession ( ! ,unit$ ,/ates1 ! income tax sy/em ( su* possession if ! income tax liability ( ! resid5ts ( su* possession "u su* sy/em is det]m9$ by ref]5ce to ! income tax laws ( ! ,unit$ ,/ates z if su* possession 7 ! ,unit$ ,/ates4 7,b7 ,treatm5t ( paym5ts ,= purposes ( section #acbd ( title #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u ?is subsection %all be treat$ 9 ! same mann] z a refund due f a cr$it provision ref]r$ to 9 subsection 7b77#b7 ( su* section4 7,c7 ,coord9ation ) ,unit$ ,/ates income taxes ,9 ! case ( any p]son ) respect to :om a tax b5efit is tak5 into acc\nt ) respect to ! taxes impos$ by any possession ( ! ,unit$ ,/ates by reason ( ?is title1 ! ,int]nal ,rev5ue ,code ( #aihf %all be appli$ ) respect to su* p]son )\t reg>d to ! provisions ( ?is title :i* provide su* b5efit4 #eje4 ,budget>y effects 7a7 ,em]g5cy designation ,?is title is designat$ z an em]g5cy requirem5t pursuant to section #d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj 7#b ,u4,s4,c4 #icc7;g774 7b7 ,designation 9 ,s5ate ,9 ! ,s5ate1 ?is title is designat$ z an em]g5cy requirem5t pursuant to section #djc7;a7 ( ,s4 ,con4 ,res4 #ac 7#aaa? ,congress71 ! concurr5t resolution on ! budget = fiscal ye> #bjaj4 ,pass$ ! ,h\se ( ,repres5tatives ,septemb] #bh1 #bjag4,k>5 ,l4 ,haas1,cl]k