#aae? ,,congress #b;d ,session ,9 ! ,h\se ( ,repres5tatives1 ,u4 ,s41 ,decemb] #bj1 #bjah ,,h\se ,,am5dm5t ,,to ,,s5ate ,,am5dm5t3 ,t ! ,h\se agree to ! am5dm5t ( ! ,s5ate to ! bill 7,h4,r4 #hh7 entitl$ ,an ,act to modify ! b\nd>y ( ! ,%iloh ,national ,milit>y ,p>k locat$ 9 ,t5nessee & ,mississippi1 to e/abli% ,p>k]'s ,crossroads ,battlefield z an affiliat$ area ( ! ,national ,p>k ,sy/em1 & = o!r purposes41 ) ! foll[+ ,9 lieu ( ! matt] propos$ to be ins]t$ by ! am5dm5t ( ! ,s5ate1 ins]t ! foll[+3 ,a ,retirem5t1 ,sav+s1 & ,o!r ,tax ,relief ,act ( #bjah #a4 ,%ort title1 etc 7a7 ,%ort title ,?is division may be cit$ z ! ,retirem5t1 ,sav+s1 & ,o!r ,tax ,relief ,act ( #bjah4 7b7 ,am5dm5t ( #aihf ,code ,except z o!rwise expressly provid$1 :5ev] 9 ?is division an am5dm5t or repeal is express$ 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 division is z foll[s3 ,sec4 #a4 ,%ort title1 etc4 ,title ,i--,disa/] tax relief ,sec4 #aja4 ,def9itions4 ,sec4 #ajb4 ,special disa/]-relat$ rules = use ( retirem5t funds4 ,sec4 #ajc4 ,employee ret5tion cr$it = employ]s affect$ by qualifi$ disa/]s4 ,sec4 #ajd4 ,o!r disa/]-relat$ tax relief provisions4 ,sec4 #aje4 ,treatm5t ( c]ta9 possessions4 ,sec4 #ajf4 ,automatic ext5sion ( fil+ deadl9e4 ,title ,,ii--,retirem5t & sav+s ,subtitle ,a--,exp&+ & pres]v+ retirem5t sav+s ,sec4 #bja4 ,multiple employ] plans2 pool$ employ] plans4 ,sec4 #bjb4 ,rules relat+ to election ( safe h>bor #dja7k7 /atus4 ,sec4 #bjc4 ,c]ta9 taxable non-tuition fell[%ip & /ip5d paym5ts treat$ z comp5sation = ,,ira purposes4 ,sec4 #bjd4 ,repeal ( maximum age = traditional ,,ira contributions4 ,sec4 #bje4 ,qualifi$ employ] plans prohibit$ f mak+ loans ?r\gh cr$it c>ds & o!r simil> arrangem5ts4 ,sec4 #bjf4 ,portability ( lifetime income inve/m5ts4 ,sec4 #bjg4 ,treatm5t ( cu/odial acc\nts on t]m9ation ( section #djc7;b7 plans4 ,sec4 #bjh4 ,cl>ification ( retirem5t income acc\nt rules relat+ to *ur*-controll$ organizations4 ,sec4 #bji4 ,increase 9 #aj p]c5t cap = automatic enrollm5t safe h>bor aft] #a/ plan ye>4 ,sec4 #baj4 ,increase 9 cr$it limitation = small employ] p5sion plan />tup co/s4 ,sec4 #baa4 ,small employ] automatic enrollm5t cr$it4 ,sec4 #bab4 ,exemption f requir$ m9imum di/ribution rules = individuals ) c]ta9 acc\nt balances4 ,sec4 #bac4 ,elective def]rals by memb]s ( ! ,ready ,res]ve ( a res]ve compon5t ( ! ,arm$ ,=ces4 ,subtitle ,b--,adm9i/rative improvem5ts ,sec4 #bba4 ,plan adopt$ by fil+ due date = ye> may be treat$ z 9 effect z ( close ( ye>4 ,sec4 #bbb4 ,modification ( nondiscrim9ation rules to protect old]1 long] s]vice p>ticipants4 ,sec4 #bbc4 ,fiduci>y safe h>bor = selection ( lifetime income provid]4 ,sec4 #bbd4 ,disclosure reg>d+ lifetime income4 ,sec4 #bbe4 ,modification ( ,,pbgc premiums = ,,csec plans4 ,subtitle ,c--,o!r ,sav+s ,provisions ,sec4 #bca4 ,expansion ( section #ebi plans4 ,sec4 #bcb4 ,p5alty-free )drawals f retirem5t plans = individuals 9 case ( bir? ( *ild or adoption4 ,title ,,iii--,repeal or delay ( c]ta9 heal?-relat$ taxes ,sec4 #cja4 ,ext5sion ( moratorium on m$ical device excise tax4 ,sec4 #cjb4 ,delay 9 implem5tation ( excise tax on high co/ employ]-sponsor$ heal? cov]age4 ,sec4 #cjc4 ,ext5sion ( susp5sion ( annual fee on heal? insurance provid]s4 ,sec4 #cjd4 ,repeal ( excise tax on indoor tann+ s]vices4 ,title ,,iv--,c]ta9 expir+ provisions ,sec4 #dja4 ,railroad track ma9t5ance cr$it made p]man5t4 ,sec4 #djb4 ,biodiesel & r5ewable diesel provisions ext5d$ & phas$ out4 ,title ,v--,o!r provisions ,sec4 #eja4 ,te*nical am5dm5ts relat+ to ,public ,law #aae-ig4 ,sec4 #ejb4 ,cl>ification ( treatm5t ( vet]ans z specifi$ gr\p = purposes ( ! l[-income h\s+ tax cr$it4 ,sec4 #ejc4 ,cl>ification ( g5]al public use requirem5t = qualifi$ resid5tial r5tal projects4 ,sec4 #ejd4 ,floor plan f9anc+ applicable to c]ta9 trail]s & camp]s4 ,sec4 #eje4 ,repeal ( increase 9 unrelat$ bus9ess taxable income by disall[$ fr+e4 ,sec4 #ejf4 ,c]ta9 pur*ases ( employee-own$ /ock disreg>d$ = purposes ( f\ndation tax on excess bus9ess hold+s4 ,sec4 #ejg4 ,all[+ #eja7;c77#c7 organization to make /atem5ts relat+ to political campaign 9 ord9>y c\rse ( c>ry+ out its tax exempt purpose4 ,sec4 #ejh4 ,*>itable organizations p]mitt$ to make collegiate h\s+ & infra/ructure grants4 ,sec4 #eji4 ,re/riction on regulation ( cont+5cy fees ) respect to tax returns1 etc4 ,i ,disa/] tax relief #aja4 ,def9itions ,= purposes ( ?is title-- 7#a7 ,g5]al def9itions 7,a7 ,qualifi$ disa/] area ,! t]m qualifi$ disa/] area means ! ,hurricane ,flor5ce disa/] area2 ! ,hurricane ,mi*ael disa/] area2 ! ,typhoon ,mangkhut disa/] area2 ! ,typhoon ,yutu disa/] area2 ! ,m5doc9o wildfire disa/] area2 ! ,camp & ,woolsey wildfire disa/] area2 ! ,kilauea volcanic eruption & e>?quakes disa/] area2 ! ,hawaii sev]e /orms1 flood+1 l&slides1 & mudslides disa/] area2 ! ,wiscons9 sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides disa/] area2 ! ,texas sev]e /orms & flood+ disa/] area2 ! ,nor? ,c>ol9a tornado & sev]e /orms disa/] area2 ! ,indiana sev]e /orms & flood+ disa/] area2 ! ,alabama sev]e /orms & tornadoes disa/] area2 & ! ,tropical ,/orm ,gita disa/] area4 7,b7 ,qualifi$ disa/] zone ,! t]m qualifi$ disa/] zone means t portion ( any qualifi$ disa/] area :i* is det]m9$ by ! ,presid5t to w>rant individual or individual & public assi/ance f ! ,f$]al ,gov]nm5t "u ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! qualifi$ disa/] ) respect to su* disa/] area4 7,c7 ,qualifi$ disa/] ,! t]m qualifi$ disa/] means1 ) respect to any qualifi$ disa/] area1 ! disa/] by reason ( :i* a major disa/] 0 decl>$ ) respect to su* area4 7#b7 ,hurricane ,flor5ce 7,a7 ,hurricane ,flor5ce disa/] area ,! t]m ,hurricane ,flor5ce disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t on or be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,hurricane ,flor5ce4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ,hurricane ,flor5ce is ,septemb] #g1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ,hurricane ,flor5ce is ! p]iod beg9n+ on ! incid5t beg9n+ date ( ,hurricane ,flor5ce & end+ on ,octob] #h1 #bjah4 7#c7 ,hurricane ,mi*ael 7,a7 ,hurricane ,mi*ael disa/] area ,! t]m ,hurricane ,mi*ael disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t on or be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,hurricane ,mi*ael4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ,hurricane ,mi*ael is ,octob] #g1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ,hurricane ,mi*ael is ! p]iod beg9n+ on ! incid5t beg9n+ date ( ,hurricane ,mi*ael & end+ on ,octob] #bc1 #bjah4 7#d7 ,typhoon ,mangkhut 7,a7 ,typhoon ,mangkhut disa/] area ,! t]m ,typhoon ,mangkhut disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t on or be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,typhoon ,mangkhut4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ,typhoon ,mangkhut is ,septemb] #aj1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ,typhoon ,mangkhut is ! p]iod beg9n+ on ! incid5t beg9n+ date ( ,typhoon ,mangkhut & end+ on ,septemb] #aa1 #bjah4 7#e7 ,typhoon ,yutu 7,a7 ,typhoon ,yutu disa/] area ,! t]m ,typhoon ,yutu disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t on or be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,typhoon ,yutu4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ,typhoon ,yutu is ,octob] #bd1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ,typhoon ,yutu is ! p]iod beg9n+ on ! incid5t beg9n+ date ( ,typhoon ,yutu & end+ on ,octob] #bf1 #bjah4 7#f7 ,m5doc9o wildfire 7,a7 ,m5doc9o wildfire disa/] area ,! t]m ,m5doc9o wildfire disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,augu/ #d1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! wildfire 9 ,cali=nia commonly kn[n z ! ,m5doc9o wildfire ( #bjah 7includ+ ! ,c>r wildfire ( #bjah74 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! wildfires ref]r$ to 9 subp>agraph 7,a7 is ,july #bc1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! wildfires ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ( su* wildfires & end+ on ,septemb] #ai1 #bjah4 7#g7 ,camp & ,woolsey wildfires 7,a7 ,camp & ,woolsey wildfire disa/] area ,! t]m ,camp & ,woolsey wildfire disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,novemb] #ab1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! wildfires 9 ,cali=nia commonly kn[n z ! ,camp & ,woolsey wildfires ( #bjah 7includ+ ! ,hill wildfire ( #bjah74 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! wildfires ref]r$ to 9 subp>agraph 7,a7 is ,novemb] #h1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! wildfires ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ( su* wildfires & end+ on ,novemb] #be1 #bjah4 7#h7 ,kilauea volcanic eruption & e>?quakes 7,a7 ,kilauea volcanic eruption & e>?quakes disa/] area ,! t]m ,kilauea volcanic eruption & e>?quakes disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,may #aa1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! ,kilauea volcanic eruption & e>?quakes occurr+ 9 ,hawaii dur+ ! p]iod beg9n+ on ,may #c1 #bjah1 & end+ on ,augu/ #ag1 #bjah4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! volcanic eruption & e>?quakes ref]r$ to 9 subp>agraph 7,a7 is ,may #c1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! volcanic eruption & e>?quakes ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ) respect to su* eruption & e>?quakes & end+ on ,augu/ #ag1 #bjah4 7#i7 ,hawaii sev]e /orms1 flood+1 l&slides1 & mudslides 7,a7 ,hawaii sev]e /orms1 flood+1 l&slides1 & mudslides disa/] area ,! t]m ,hawaii sev]e /orms1 flood+1 l&slides1 & mudslides disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,may #h1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! sev]e /orms1 flood+1 l&slides1 & mudslides occurr+ 9 ,hawaii dur+ ! p]iod beg9n+ on ,april #ac1 #bjah1 & end+ on ,april #af1 #bjah4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! sev]e /orms1 flood+1 l&slides1 & mudslides ref]r$ to 9 subp>agraph 7,a7 is ,april #ac1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! sev]e /orms1 flood+1 l&slides1 & mudslides ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ) respect to su* sev]e /orms1 flood+1 l&slides1 & mudslides & end+ on ,april #af1 #bjah4 7#aj7 ,wiscons9 sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides 7,a7 ,wiscons9 sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides disa/] area ,! t]m ,wiscons9 sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,octob] #ah1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides occurr+ 9 ,wiscons9 dur+ ! p]iod beg9n+ on ,augu/ #ag1 #bjah1 & end+ on ,septemb] #ad1 #bjah4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides ref]r$ to 9 subp>agraph 7,a7 is ,augu/ #ag1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ) respect to su* sev]e /orms1 tornadoes1 /raight-l9e w9ds1 flood+1 & l&slides & end+ on ,septemb] #ad1 #bjah4 7#aa7 ,texas sev]e /orms & flood+ 7,a7 ,texas sev]e /orms & flood+ disa/] area ,! t]m ,texas sev]e /orms & flood+ disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,july #f1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! sev]e /orms & flood+ occurr+ 9 ,texas dur+ ! p]iod beg9n+ on ,june #ai1 #bjah1 & end+ on ,july #ac1 #bjah4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! sev]e /orms & flood+ ref]r$ to 9 subp>agraph 7,a7 is ,june #ai1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! sev]e /orms & flood+ ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ) respect to su* sev]e /orms & flood+ & end+ on ,july #ac1 #bjah4 7#ab7 ,nor? ,c>ol9a tornado & sev]e /orms 7,a7 ,nor? ,c>ol9a tornado & sev]e /orms disa/] area ,! t]m ,nor? ,c>ol9a tornado & sev]e /orms disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,may #h1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! tornado & sev]e /orms occurr+ 9 ,nor? ,c>ol9a on ,april #ae1 #bjah4 7,b7 ,incid5t beg9n+ date2 incid5t p]iod ,! incid5t beg9n+ date1 & ! incid5t p]iod1 ( ! tornado & sev]e /orms ref]r$ to 9 subp>agraph 7,a7 is ,april #ae1 #bjah4 7#ac7 ,indiana sev]e /orms & flood+ 7,a7 ,indiana sev]e /orms & flood+ disa/] area ,! t]m ,indiana sev]e /orms & flood+ disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,may #d1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! sev]e /orms & flood+ occurr+ 9 ,indiana dur+ ! p]iod beg9n+ on ,febru>y #ad1 #bjah1 & end+ on ,m>* #d1 #bjah4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! sev]e /orms & flood+ ref]r$ to 9 subp>agraph 7,a7 is ,febru>y #ad1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! sev]e /orms & flood+ ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ) respect to su* sev]e /orms & flood+ & end+ on ,m>* #d1 #bjah4 7#ad7 ,alabama sev]e /orms & tornadoes 7,a7 ,alabama sev]e /orms & tornadoes disa/] area ,! t]m ,alabama sev]e /orms & tornadoes disa/] area means an area ) respect to :i*1 dur+ ! p]iod beg9n+ on ,april #bf1 #bjah1 & end+ on ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! sev]e /orms & tornadoes occurr+ 9 ,alabama dur+ ! p]iod beg9n+ on ,m>* #ai1 #bjah1 & end+ on ,m>* #bj1 #bjah4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ! sev]e /orms & tornadoes ref]r$ to 9 subp>agraph 7,a7 is ,m>* #ai1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ! sev]e /orms & tornadoes ref]r$ to 9 subp>agraph 7,a7 is ! p]iod beg9n+ on ! incid5t beg9n+ date ) respect to su* sev]e /orms & tornadoes & end+ on ,m>* #bj1 #bjah4 7#ae7 ,tropical ,/orm ,gita 7,a7 ,tropical ,/orm ,gita disa/] area ,! t]m ,tropical ,/orm ,gita disa/] area means an area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t on or be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,tropical ,/orm ,gita4 7,b7 ,incid5t beg9n+ date ,! incid5t beg9n+ date ( ,tropical ,/orm ,gita is ,febru>y #g1 #bjah4 7,c7 ,incid5t p]iod ,! incid5t p]iod ( ,tropical ,/orm ,gita is ! p]iod beg9n+ on ! incid5t beg9n+ date ( ,tropical ,/orm ,gita & end+ on ,febru>y #ab1 #bjah4 #ajb4 ,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$ disa/] 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$ disa/] di/ributions = any taxable ye> %all n exce$ ! excess 7if any7 (-- 7i7 #ajj1jjj1 ov] 7ii7 ! aggregate am\nts treat$ z qualifi$ disa/] 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$ disa/] 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$ disa/] 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,d7 ,special rule = individuals affect$ by m ?an "o disa/] ,! limitation ( subp>agraph 7,a7 %all be appli$ sep>ately ) respect to di/ributions made ) respect to ea* qualifi$ disa/] :i* is describ$ 9 a sep>ate p>agraph ( section #aja4 7#c7 ,am\nt di/ribut$ may be repaid 7,a7 ,9 g5]al ,any individual :o receives a qualifi$ disa/] di/ribution may1 at any "t dur+ ! #c-ye> p]iod beg9n+ on ! day aft] ! date on :i* su* di/ribution 0 receiv$1 make #a or m contributions 9 an aggregate am\nt n to exce$ ! 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$ disa/] 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$ disa/] 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$ disa/] di/ribution f an individual retirem5t plan 7z def9$ by section #ggja7;a77#cg7 ( su* ,code71 !n1 to ! ext5t ( ! am\nt ( ! contribution1 ! qualifi$ disa/] 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$ disa/] di/ribution ,except z provid$ 9 p>agraph 7#b71 ! t]m qualifi$ disa/] di/ribution means any di/ribution f an eligible retirem5t plan made on or aft] ! incid5t beg9n+ date ( a qualifi$ disa/] & be=e ,janu>y #a1 #bjbj1 to an individual ^: pr9cipal place ( abode at any "t dur+ ! incid5t p]iod ( su* qualifi$ disa/] is locat$ 9 ! qualifi$ disa/] area ) respect to su* qualifi$ disa/] & :o has su/a9$ an economic loss by reason ( su* qualifi$ disa/]4 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$ disa/] 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$ disa/] di/ributions %all n be treat$ z eligible rollov] di/ributions4 7,b7 ,qualifi$ disa/] di/ributions treat$ z meet+ plan di/ribution requirem5ts ,= purposes ! ,int]nal ,rev5ue ,code ( #aihf1 a qualifi$ disa/] di/ribution %all be treat$ z meet+ ! requirem5ts ( sections #dja7k77#b77;,b77,i71 #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+ ! applicable p]iod1 make #a 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 :i* 0 to be us$ to pur*ase or con/ruct a pr9cipal resid5ce 9 a qualifi$ disa/] area1 b :i* 0 n s us$ on acc\nt ( ! qualifi$ disa/] ) respect to su* area1 & 7,c7 :i* 0 receiv$ on or aft] ,janu>y #a1 #bjah1 & be=e ! date :i* is #cj days aft] ! la/ day ( ! incid5t p]iod ( su* qualifi$ disa/]4 7#c7 ,applicable p]iod ,= purposes ( ?is subsection1 ! t]m applicable p]iod means1 9 ! case ( a pr9cipal resid5ce 9 a qualifi$ disa/] area ) respect to any qualifi$ disa/]1 ! p]iod beg9n+ on ! incid5t beg9n+ date ( su* qualifi$ disa/] & end+ on ,febru>y #bh1 #bjai4 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 #bjai-- 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 7) respect to any qualifi$ disa/]7 ) an out/&+ loan on or aft] ! incid5t beg9n+ date 7( su* qualifi$ disa/]7 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 ! incid5t beg9n+ date ( su* qualifi$ disa/] & end+ on ,decemb] #ca1 #bjai1 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 ( ?is p>agraph %all be disreg>d$4 7#c7 ,qualifi$ individual ,= purposes ( ?is subsection1 ! t]m qualifi$ individual means any individual-- 7,a7 ^: pr9cipal place ( abode at any "t dur+ ! incid5t p]iod ( any qualifi$ disa/] is locat$ 9 ! qualifi$ disa/] area ) respect to su* qualifi$ disa/]1 & 7,b7 :o has su/a9$ an economic loss by reason ( su* qualifi$ disa/]4 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 #bjbj1 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 #ajc4 ,employee ret5tion cr$it = employ]s affect$ by qualifi$ disa/]s 7a7 ,9 g5]al ,= purposes ( section #ch ( ! ,int]nal ,rev5ue ,code ( #aihf1 9 ! case ( an eligible employ]1 ! #bjah qualifi$ disa/] employee ret5tion cr$it %all be treat$ z a cr$it li/$ 9 subsection 7b7 ( su* section4 ,= purposes ( ?is subsection1 ! #bjah qualifi$ disa/] 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 7b7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,eligible employ] ,! t]m eligible employ] means any employ]-- 7,a7 :i* conduct$ an active trade or bus9ess 9 a qualifi$ disa/] zone at any "t dur+ ! incid5t p]iod ( ! qualifi$ disa/] ) respect to su* qualifi$ disa/] zone1 & 7,b7 ) respect to :om ! trade or bus9ess describ$ 9 subp>agraph 7,a7 is inop]able at any "t aft] ! incid5t beg9n+ date ( su* qualifi$ disa/]1 & be=e ,janu>y #a1 #bjai1 z a result ( damage su/a9$ by reason ( su* qualifi$ disa/]4 7#b7 ,eligible employee ,! t]m eligible employee means ) respect to an eligible employ] an employee ^: pr9cipal place ( employm5t at any "t dur+ ! incid5t p]iod ( ! qualifi$ disa/] ref]r$ to 9 p>agraph 7#a7 ) su* eligible employ] 0 9 ! qualifi$ disa/] zone ref]r$ to 9 su* p>agraph4 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 at any "t aft] ! incid5t beg9n+ date ( ! qualifi$ disa/] ref]r$ to 9 p>agraph 7#a71 & be=e ,janu>y #a1 #bjai1 :i* occurs dur+ ! p]iod-- 7,a7 beg9n+ on ! date on :i* ! trade or bus9ess describ$ 9 p>agraph 7#a7 fir/ became inop]able at ! pr9cipal place ( employm5t ( ! employee imm$iately be=e ! qualifi$ disa/] ref]r$ to 9 su* p>agraph1 & 7,b7 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$4 7c7 ,c]ta9 rules to apply ,= purposes ( ?is subsection1 rules simil> to ! rules ( sections #ea7;i77#a71 #eb1 & #bhj;,c7a71 ( ! ,int]nal ,rev5ue ,code ( #aihf1 %all apply4 7d7 ,employee n tak5 into acc\nt m ?an once ,an employee %all n be treat$ z an eligible employee = purposes ( ?is subsection = any p]iod ) respect to any employ] if su* employ] is all[$ a cr$it "u section #ea ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to su* employee = su* p]iod4 #ajd4 ,o!r disa/]-relat$ 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,h7 ( 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 ,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 ,febru>y #g1 #bjah1 & end+ on ,decemb] #ca1 #bjah1 9 ca% to an organization describ$ 9 section #agj7;b77#a77;,a7 ( su* ,code1 & 7,,ii7 is made = relief ef=ts 9 "o or m qualifi$ disa/] areas1 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 :i* arise 9 a qualifi$ disa/] area on or aft] ! incid5t beg9n+ date ( ! qualifi$ disa/] to :i* su* area relates1 & :i* are attributable to su* qualifi$ disa/]4 7c7 ,special rule = det]m9+ e>n$ income 7#a7 ,9 g5]al ,9 ! case ( a qualifi$ individual1 if ! e>n$ income ( ! taxpay] = ! applicable taxable ye> 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 = ! applicable taxable ye>4 7#b7 ,qualifi$ individual ,= purposes ( ?is subsection1 ! t]m qualifi$ individual means any individual ^: pr9cipal place ( abode at any "t dur+ ! incid5t p]iod ( any qualifi$ disa/] 0 locat$-- 7,a7 9 ! qualifi$ disa/] zone ) respect to su* qualifi$ disa/]1 or 7,b7 9 ! qualifi$ disa/] area ) respect to su* qualifi$ disa/] 7b outside ! qualifi$ disa/] zone ) respect to su* qualifi$ disa/]7 & su* individual 0 displac$ f su* pr9cipal place ( abode by reason ( su* qualifi$ disa/]4 7#c7 ,applicable taxable ye> ,! t]m applicable taxable ye> means1 ) respect to any qualifi$ individual1 any taxable ye> :i* includes any day dur+ ! incid5t p]iod ( ! qualifi$ disa/] to :i* ! qualifi$ disa/] area ref]r$ to 9 p>agraph 7#b7 relates4 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 = an applicable taxable ye>-- 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$+ taxable ye>4 7,b7 ,uni=m application ( election ,any election made "u p>agraph 7#a7 %all apply ) respect to bo? sections #bd7;d7 & #cb ( ! ,int]nal ,rev5ue ,code ( #aihf4 7,c7 ,errors treat$ 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 #aje4 ,treatm5t ( c]ta9 possessions 7a7 ,paym5ts to ,guam & ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s ,! ,secret>y ( ! ,treasury %all pay to ,guam & ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s am\nts equal to ! loss to t possession by reason ( ! application ( ! provisions ( ?is title4 ,su* am\nts %all be det]m9$ by ! ,secret>y ( ! ,treasury bas$ on in=mation provid$ by ! gov]nm5t ( ! respective possession4 7b7 ,paym5ts to ,am]ican ,samoa 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all pay to ,am]ican ,samoa am\nts e/imat$ by ! ,secret>y ( ! ,treasury z be+ equal to ! aggregate b5efits t w\ld h be5 provid$ to resid5ts ( ,am]ican ,samoa by reason ( ! provisions ( ?is title if a mirror code tax sy/em _h be5 9 effect 9 ,am]ican ,samoa4 ,! prec$+ s5t5ce %all n apply unless ,am]ican ,samoa has a plan1 :i* has be5 approv$ by ! ,secret>y ( ! ,treasury1 "u :i* ,am]ican ,samoa w promptly di/ribute su* paym5ts to its resid5ts4 7#b7 ,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 7c7 ,treatm5t ( paym5ts ,= purposes ( section #acbd ( title #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u ?is section %all be treat$ 9 ! same mann] z a refund due f a cr$it provision ref]r$ to 9 subsection 7b77#b7 ( su* section4 #ajf4 ,automatic ext5sion ( fil+ deadl9e 7a7 ,9 g5]al ,section #gejh;,a is am5d$ by add+ at ! end ! foll[+ new subsection3 7d7 ,m&atory #fj-;day ext5sion ,9 ! case (-- 7#a7 any individual ^: pr9cipal place ( abode is 9 a disa/] area 7z def9$ 9 section #afe7;i77#e77;,b771 & 7#b7 any taxpay] if ! taxpay]'s pr9cipal place ( bus9ess 7o!r ?an ! bus9ess ( p]=m+ s]vices ( an employee7 is locat$ 9 a disa/] area 7z s def9$71 ! p]iod beg9n+ on ! e>lie/ incid5t date specifi$ 9 ! decl>ation to :i* su* area relates & end+ on ! date :i* is #fj days aft] ! late/ incid5t date s specifi$ %all be disreg>d$ 9 ! same mann] z a p]iod specifi$ "u subsection 7a74 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to ,f$]ally decl>$ disa/]s decl>$ aft] ,decemb] #ca1 #bjag4 ,,ii ,retirem5t & sav+s ,a ,exp&+ & pres]v+ retirem5t sav+s #bja4 ,multiple employ] plans2 pool$ employ] plans 7a7 ,qualification requirem5ts 7#a7 ,9 g5]al ,section #dac is am5d$ by add+ at ! end ! foll[+ new subsection3 7e7 ,application ( qualification requirem5ts = c]ta9 multiple employ] plans ) pool$ plan provid]s 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 if a def9$ contribution plan to :i* subsection 7c7 applies-- 7,a7 is ma9ta9$ by employ]s :i* h a common int]e/ o!r ?an hav+ adopt$ ! plan1 or 7,b7 9 ! case ( a plan n describ$ 9 subp>agraph 7,a71 has a pool$ plan provid]1 !n ! plan %all n be treat$ z fail+ to meet ! requirem5ts "u ?is title applicable to a plan describ$ 9 section #dja7;a7 or to a plan t consi/s ( individual retirem5t acc\nts describ$ 9 section #djh 7includ+ by reason ( subsection 7c7 !re(71 :i*ev] is applicable1 m]ely because "o or m employ]s ( employees cov]$ by ! plan fail to take su* actions z are requir$ ( su* employ]s = ! plan to meet su* requirem5ts4 7#b7 ,limitations 7,a7 ,9 g5]al ,p>agraph 7#a7 %all n apply to any plan unless ! t]ms ( ! plan provide t 9 ! case ( any employ] 9 ! plan fail+ to take ! actions describ$ 9 p>agraph 7#a7-- 7i7 ! assets ( ! plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees7 w be transf]r$ to a plan ma9ta9$ only by su* employ] 7or its successor71 to an eligible retirem5t plan z def9$ 9 section #djb7;c77#h77;,b7 = ea* individual ^: acc\nt is transf]r$1 or to any o!r arrangem5t t ! ,secret>y det]m9es is appropriate1 unless ! ,secret>y det]m9es x is 9 ! be/ int]e/s ( ! employees ( su* employ] 7& ! b5efici>ies ( su* employees7 to reta9 ! assets 9 ! plan1 & 7ii7 su* employ] 7& n ! plan ) respect to :i* ! failure occurr$ or any o!r employ] 9 su* plan7 %all1 except to ! ext5t provid$ by ! ,secret>y1 be liable = any liabilities ) respect to su* plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees74 7,b7 ,failures by pool$ plan provid]s ,if ! pool$ plan provid] ( a plan describ$ 9 p>agraph 7#a77;,b7 does n p]=m sub/antially all ( ! adm9i/rative duties :i* are requir$ ( ! provid] "u p>agraph 7#c77;,a77i7 = any plan ye>1 ! ,secret>y may provide t ! det]m9ation z to :e!r ! plan meets ! requirem5ts "u ?is title applicable to a plan describ$ 9 section #dja7;a7 or to a plan t consi/s ( individual retirem5t acc\nts describ$ 9 section #djh 7includ+ by reason ( subsection 7c7 !re(71 :i*ev] is applicable1 %all be made 9 ! same mann] z w\ld be made )\t reg>d to p>agraph 7#a74 7#c7 ,pool$ plan provid] 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 ! t]m pool$ plan provid] means1 ) respect to any plan1 a p]son :o-- 7i7 is designat$ by ! t]ms ( ! plan z a nam$ fiduci>y 7)9 ! mean+ ( section #djb7;a77#b7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd71 z ! plan adm9i/rator1 & z ! p]son responsible to p]=m all adm9i/rative duties 7includ+ conduct+ prop] te/+ ) respect to ! plan & ! employees ( ea* employ] 9 ! plan7 :i* are reasonably necess>y to ensure t-- 7,i7 ! plan meets any requirem5t applicable "u ! ,employee ,retirem5t ,income ,security ,act ( #aigd or ?is title to a plan describ$ 9 section #dja7;a7 or to a plan t consi/s ( individual retirem5t acc\nts describ$ 9 section #djh 7includ+ by reason ( subsection 7c7 !re(71 :i*ev] is applicable1 & 7,,ii7 ea* employ] 9 ! plan takes su* actions z ! ,secret>y or su* p]son det]m9es are necess>y = ! plan to meet ! requirem5ts describ$ 9 subclause 7,i71 includ+ provid+ to su* p]son any disclosures or o!r in=mation :i* ! ,secret>y may require or :i* su* p]son o!rwise det]m9es are necess>y to adm9i/] ! plan or to all[ ! plan to meet su* requirem5ts1 7ii7 regi/]s z a pool$ plan provid] ) ! ,secret>y1 & provides su* o!r in=mation to ! ,secret>y z ! ,secret>y may require1 be=e beg9n+ op]ations z a pool$ plan provid]1 7iii7 ackn[l$ges 9 writ+ t su* p]son is a nam$ fiduci>y 7)9 ! mean+ ( section #djb7;a77#b7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd71 & ! plan adm9i/rator1 ) respect to ! plan1 & 7iv7 is responsible = ensur+ t all p]sons :o h&le assets (1 or :o are fiduci>ies (1 ! plan are bond$ 9 accordance ) section #dab ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd4 7,b7 ,audits1 exam9ations & inve/igations ,! ,secret>y may p]=m audits1 exam9ations1 & inve/igations ( pool$ plan provid]s z may be necess>y to en=ce & c>ry out ! purposes ( ?is subsection4 7,c7 ,aggregation rules ,= purposes ( ?is p>agraph1 9 det]m9+ :e!r a p]son meets ! requirem5ts ( ?is p>agraph to be a pool$ plan provid] ) respect to any plan1 all p]sons :o p]=m s]vices = ! plan & :o are treat$ z a s+le employ] "u subsection 7b71 7c71 7m71 or 7o7 ( section #dad %all be treat$ z "o p]son4 7,d7 ,treatm5t ( employ]s z plan sponsors ,except ) respect to ! adm9i/rative duties ( ! pool$ plan provid] describ$ 9 subp>agraph 7,a77i71 ea* employ] 9 a plan :i* has a pool$ plan provid] %all be treat$ z ! plan sponsor ) respect to ! portion ( ! plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees74 7#d7 ,guidance ,! ,secret>y %all issue su* guidance z ! ,secret>y det]m9es appropriate to c>ry out ?is subsection1 includ+ guidance-- 7,a7 to id5tify ! adm9i/rative duties & o!r actions requir$ to be p]=m$ by a pool$ plan provid] "u ?is subsection1 7,b7 :i* describes ! proc$ures to be tak5 to t]m9ate a plan :i* fails to meet ! requirem5ts to be a plan describ$ 9 p>agraph 7#a71 includ+ ! prop] treatm5t (1 & actions ne$$ to be tak5 by1 any employ] 9 ! plan & ! assets & liabilities ( ! plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees71 & 7,c7 id5tify+ appropriate cases to :i* ! rules ( p>agraph 7#b77;,a7 w apply to employ]s 9 ! plan fail+ to take ! actions describ$ 9 p>agraph 7#a74 ,! ,secret>y %all take into acc\nt "u subp>agraph 7,c7 :e!r ! failure ( an employ] or pool$ plan provid] to provide any disclosures or o!r in=mation1 or to take any o!r action1 necess>y to adm9i/] a plan or to all[ a plan to meet requirem5ts applicable to ! plan "u section #dja7;a7 or #djh1 :i*ev] is applicable1 has cont9u$ ov] a p]iod ( "t t demon/rates a lack ( commitm5t to compliance4 7#e7 ,model plan ,! ,secret>y %all publi% model plan language :i* meets ! requirem5ts ( ?is subsection & ( p>agraphs 7#dc7 & 7#dd7 ( section #c ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd & :i* may be adopt$ 9 ord] = a plan to be treat$ z a plan describ$ 9 p>agraph 7#a77;,b74 4 7#b7 ,con=m+ am5dm5t ,section #dac7;c77#b7 is am5d$ by /rik+ section #dja7;a7 & ins]t+ sections #dja7;a7 & #djh7;c74 7#c7 ,te*nical am5dm5t ,section #djh7;c7 is am5d$ by ins]t+ aft] p>agraph 7#b7 ! foll[+ new p>agraph3 7#c7 ,!re is a sep>ate acc\nt+ = any int]e/ ( an employee or memb] 7or sp\se ( an employee or memb]7 9 a ,ro? ,,ira4 4 7b7 ,no common int]e/ requir$ = pool$ employ] plans ,section #c7b7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajjb7b77 is am5d$ by add+ at ! end ! foll[+3 7,c7 ,a pool$ employ] plan %all be treat$ z-- 7i7 a s+le employee p5sion b5efit plan or s+le p5sion plan2 & 7ii7 a plan to :i* section #baj7;a7 applies4 4 7c7 ,pool$ employ] plan & provid] def9$ 7#a7 ,9 g5]al ,section #c ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajjb7 is am5d$ by add+ at ! end ! foll[+3 7#dc7 ,pool$ employ] plan 7,a7 ,9 g5]al ,! t]m pool$ employ] plan means a plan-- 7i7 :i* is an individual acc\nt plan e/abli%$ or ma9ta9$ = ! purpose ( provid+ b5efits to ! employees ( #b or m employ]s2 7ii7 :i* is a plan describ$ 9 section #dja7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf :i* includes a tru/ exempt f tax "u section #eja7;a7 ( su* ,code or a plan t consi/s ( individual retirem5t acc\nts describ$ 9 section #djh ( su* ,code 7includ+ by reason ( subsection 7c7 !re(72 & 7iii7 ! t]ms ( :i* meet ! requirem5ts ( subp>agraph 7,b74 ,su* t]m %all n include a plan ma9ta9$ by employ]s :i* h a common int]e/ o!r ?an hav+ adopt$ ! plan4 7,b7 ,requirem5ts = plan t]ms ,! requirem5ts ( ?is subp>agraph are met ) respect to any plan if ! t]ms ( ! plan-- 7i7 designate a pool$ plan provid] & provide t ! pool$ plan provid] is a nam$ fiduci>y ( ! plan2 7ii7 designate "o or m tru/ees meet+ ! requirem5ts ( section #djh7;a77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7o!r ?an an employ] 9 ! plan7 to be responsible = collect+ contributions to1 & hold+ ! assets (1 ! plan & require su* tru/ees to implem5t writt5 contribution collection proc$ures t are reasonable1 dilig5t1 & sy/ematic2 7iii7 provide t ea* employ] 9 ! plan reta9s fiduci>y responsibility =-- 7,i7 ! selection & monitor+ 9 accordance ) section #djd7;a7 ( ! p]son designat$ z ! pool$ plan provid] & any o!r p]son :o1 9 addition to ! pool$ plan provid]1 is designat$ z a nam$ fiduci>y ( ! plan2 & 7,,ii7 to ! ext5t n o!rwise delegat$ to ano!r fiduci>y by ! pool$ plan provid] & subject to ! provisions ( section #djd7;c71 ! inve/m5t & managem5t ( ! portion ( ! plan's assets attributable to ! employees ( ! employ] 7or b5efici>ies ( su* employees72 7iv7 provide t employ]s 9 ! plan1 & p>ticipants & b5efici>ies1 are n subject to unreasonable re/rictions1 fees1 or p5alties ) reg>d to ceas+ p>ticipation1 receipt ( di/ributions1 or o!rwise transf]r+ assets ( ! plan 9 accordance ) section #bjh or p>agraph 7#dd77;,c77i77,,ii72 7v7 require-- 7,i7 ! pool$ plan provid] to provide to employ]s 9 ! plan any disclosures or o!r in=mation :i* ! ,secret>y may require1 includ+ any disclosures or o!r in=mation to facilitate ! selection or any monitor+ ( ! pool$ plan provid] by employ]s 9 ! plan2 & 7,,ii7 ea* employ] 9 ! plan to take su* actions z ! ,secret>y or ! pool$ plan provid] det]m9es are necess>y to adm9i/] ! plan or = ! plan to meet any requirem5t applicable "u ?is ,act or ! ,int]nal ,rev5ue ,code ( #aihf to a plan describ$ 9 section #dja7;a7 ( su* ,code or to a plan t consi/s ( individual retirem5t acc\nts describ$ 9 section #djh ( su* ,code 7includ+ by reason ( subsection 7c7 !re(71 :i*ev] is applicable1 includ+ provid+ any disclosures or o!r in=mation :i* ! ,secret>y may require or :i* ! pool$ plan provid] o!rwise det]m9es are necess>y to adm9i/] ! plan or to all[ ! plan to meet su* requirem5ts2 & 7vi7 provide t any disclosure or o!r in=mation requir$ to be provid$ "u clause 7v7 may be provid$ 9 electronic =m & w be design$ to ensure only reasonable co/s are impos$ on pool$ plan provid]s & employ]s 9 ! plan4 7,c7 ,exceptions ,! t]m pool$ employ] plan does n include-- 7i7 a multiemploy] plan2 or 7ii7 a plan e/abli%$ be=e ! date ( ! enactm5t ( ! ,retirem5t1 ,sav+s1 & ,o!r ,tax ,relief ,act ( #bjah unless ! plan adm9i/rator elects t ! plan w be treat$ z a pool$ employ] plan & ! plan meets ! requirem5ts ( ?is title applicable to a pool$ employ] plan e/abli%$ on or aft] su* date4 7,d7 ,treatm5t ( employ]s z plan sponsors ,except ) respect to ! adm9i/rative duties ( ! pool$ plan provid] describ$ 9 p>agraph 7#dd77;,a77i71 ea* employ] 9 a pool$ employ] plan %all be treat$ z ! plan sponsor ) respect to ! portion ( ! plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees74 7#dd7 ,pool$ plan provid] 7,a7 ,9 g5]al ,! t]m pool$ plan provid] means a p]son :o-- 7i7 is designat$ by ! t]ms ( a pool$ employ] plan z a nam$ fiduci>y1 z ! plan adm9i/rator1 & z ! p]son responsible = ! p]=mance ( all adm9i/rative duties 7includ+ conduct+ prop] te/+ ) respect to ! plan & ! employees ( ea* employ] 9 ! plan7 :i* are reasonably necess>y to ensure t-- 7,i7 ! plan meets any requirem5t applicable "u ?is ,act or ! ,int]nal ,rev5ue ,code ( #aihf to a plan describ$ 9 section #dja7;a7 ( su* ,code or to a plan t consi/s ( individual retirem5t acc\nts describ$ 9 section #djh ( su* ,code 7includ+ by reason ( subsection 7c7 !re(71 :i*ev] is applicable2 & 7,,ii7 ea* employ] 9 ! plan takes su* actions z ! ,secret>y or pool$ plan provid] det]m9es are necess>y = ! plan to meet ! requirem5ts describ$ 9 subclause 7,i71 includ+ provid+ ! disclosures & in=mation describ$ 9 p>agraph 7#dc77;,b77v77,,ii72 7ii7 regi/]s z a pool$ plan provid] ) ! ,secret>y1 & provides to ! ,secret>y su* o!r in=mation z ! ,secret>y may require1 be=e beg9n+ op]ations z a pool$ plan provid]2 7iii7 ackn[l$ges 9 writ+ t su* p]son is a nam$ fiduci>y1 & ! plan adm9i/rator1 ) respect to ! pool$ employ] plan2 & 7iv7 is responsible = ensur+ t all p]sons :o h&le assets (1 or :o are fiduci>ies (1 ! pool$ employ] plan are bond$ 9 accordance ) section #dab4 7,b7 ,audits1 exam9ations & inve/igations ,! ,secret>y may p]=m audits1 exam9ations1 & inve/igations ( pool$ plan provid]s z may be necess>y to en=ce & c>ry out ! purposes ( ?is p>agraph & p>agraph 7#dc74 7,c7 ,guidance ,! ,secret>y %all issue su* guidance z ! ,secret>y det]m9es appropriate to c>ry out ?is p>agraph & p>agraph 7#dc71 includ+ guidance-- 7i7 to id5tify ! adm9i/rative duties & o!r actions requir$ to be p]=m$ by a pool$ plan provid] "u ei!r su* p>agraph2 & 7ii7 :i* requires 9 appropriate cases t if an employ] 9 ! plan fails to take ! actions requir$ "u subp>agraph 7,a77i77,,ii7-- 7,i7 ! assets ( ! plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees7 are transf]r$ to a plan ma9ta9$ only by su* employ] 7or its successor71 to an eligible retirem5t plan z def9$ 9 section #djb7;c77#h77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf = ea* individual ^: acc\nt is transf]r$1 or to any o!r arrangem5t t ! ,secret>y det]m9es is appropriate 9 su* guidance2 & 7,,ii7 su* employ] 7& n ! plan ) respect to :i* ! failure occurr$ or any o!r employ] 9 su* plan7 %all1 except to ! ext5t provid$ 9 su* guidance1 be liable = any liabilities ) respect to su* plan attributable to employees ( su* employ] 7or b5efici>ies ( su* employees74 ,! ,secret>y %all take into acc\nt "u clause 7ii7 :e!r ! failure ( an employ] or pool$ plan provid] to provide any disclosures or o!r in=mation1 or to take any o!r action1 necess>y to adm9i/] a plan or to all[ a plan to meet requirem5ts describ$ 9 subp>agraph 7,a77i77,,ii7 has cont9u$ ov] a p]iod ( "t t demon/rates a lack ( commitm5t to compliance4 ,! ,secret>y may waive ! requirem5ts ( subclause 7ii77,i7 9 appropriate circum/ances if ! ,secret>y det]m9es x is 9 ! be/ int]e/s ( ! employees ( ! employ] ref]r$ to 9 su* clause 7& ! b5efici>ies ( su* employees7 to reta9 ! assets 9 ! plan ) respect to :i* ! employ]'s failure occurr$4 7,d7 ,aggregation rules ,= purposes ( ?is p>agraph1 9 det]m9+ :e!r a p]son meets ! requirem5ts ( ?is p>agraph to be a pool$ plan provid] ) respect to any plan1 all p]sons :o p]=m s]vices = ! plan & :o are treat$ z a s+le employ] "u subsection 7b71 7c71 7m71 or 7o7 ( section #dad ( ! ,int]nal ,rev5ue ,code ( #aihf %all be treat$ z "o p]son4 4 7#b7 ,bond+ requirem5ts = pool$ employ] plans ,! la/ s5t5ce ( section #dab7;a7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #aaab7;a77 is am5d$ by ins]t+ or 9 ! case ( a pool$ employ] plan 7z def9$ 9 section #c7dc77 aft] section #djg7;d77#a774 7#c7 ,con=m+ & te*nical am5dm5ts ,section #c ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajjb7 is am5d$-- 7,a7 9 p>agraph 7#af77;,b7-- 7i7 by /rik+ or at ! end ( clause 7ii72 & 7ii7 by /rik+ ! p]iod at ! end & ins]t+ 1 or 7iv7 9 ! case ( a pool$ employ] plan1 ! pool$ plan provid]42 & 7,b7 by /rik+ ! second p>agraph 7#da74 7d7 ,pool$ employ] & multiple employ] plan report+ 7#a7 ,additional in=mation ,section #ajc ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajbc7 is am5d$-- 7,a7 9 subsection 7a77#a77;,b71 by /rik+ applicable subsections 7d71 7e71 & 7f7 & ins]t+ applicable subsections 7d71 7e71 7f71 & 7g72 & 7,b7 by am5d+ subsection 7g7 to read z foll[s3 7g7 ,additional in=mation ) respect to pool$ employ] & multiple employ] plans ,an annual report "u ?is section = a plan ye> %all include-- 7#a7 ) respect to any plan to :i* section #baj7;a7 applies 7includ+ a pool$ employ] plan71 a li/ ( employ]s 9 ! plan1 a good fai? e/imate ( ! p]c5tage ( total contributions made by su* employ]s dur+ ! plan ye>1 & ! aggregate acc\nt balances attributable to ea* employ] 9 ! plan 7det]m9$ z ! sum ( ! acc\nt balances ( ! employees ( su* employ] 7& ! b5efici>ies ( su* employees772 & 7#b7 ) respect to a pool$ employ] plan1 ! id5tify+ in=mation = ! p]son designat$ "u ! t]ms ( ! plan z ! pool$ plan provid]4 4 7#b7 ,simplifi$ annual reports ,section #ajd7;a7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajbd7;a77 is am5d$ by /rik+ p>agraph 7#b77;,a7 & ins]t+ ! foll[+3 7#b7 7,a7 ,) respect to annual reports requir$ to be fil$ ) ! ,secret>y "u ?is "p1 ! ,secret>y may by regulation prescribe simplifi$ annual reports = any p5sion plan t-- 7i7 cov]s few] ?an #ajj p>ticipants2 or 7ii7 is a plan describ$ 9 section #baj7;a7 t cov]s few] ?an #a1jjj p>ticipants1 b only if no s+le employ] 9 ! plan has #ajj or m p>ticipants cov]$ by ! plan4 4 7e7 ,effective date 7#a7 ,9 g5]al ,! am5dm5ts made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjai4 7#b7 ,rule ( con/ruction ,no?+ 9 ! am5dm5ts made by subsection 7a7 %all be con/ru$ z limit+ ! au?ority ( ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate 7det]m9$ )\t reg>d to su* am5dm5ts7 to provide = ! prop] treatm5t ( a failure to meet any requirem5t applicable "u ! ,int]nal ,rev5ue ,code ( #aihf ) respect to "o employ] 7& its employees7 9 a multiple employ] plan4 #bjb4 ,rules relat+ to election ( safe h>bor #dja7k7 /atus 7a7 ,limitation ( annual safe h>bor notice to mat*+ contribution plans 7#a7 ,9 g5]al ,section #dja7k77#ab77;,a7 is am5d$ by /rik+ if su* arrangem5t & all t foll[s & ins]t+ if su* arrangem5t-- 7i7 meets ! contribution requirem5ts ( subp>agraph 7,b7 & ! notice requirem5ts ( subp>agraph 7,d71 or 7ii7 meets ! contribution requirem5ts ( subp>agraph 7,c74 4 7#b7 ,automatic contribution arrangem5ts ,section #dja7k77#ac77;,b7 is am5d$ by /rik+ means & all t foll[s & ins]t+ means a ca% or def]r$ arrangem5t-- 7i7 :i* is describ$ 9 subp>agraph 7,d77i77,i7 & meets ! applicable requirem5ts ( subp>agraphs 7,c7 ?r\gh 7,e71 or 7ii7 :i* is describ$ 9 subp>agraph 7,d77i77,,ii7 & meets ! applicable requirem5ts ( subp>agraphs 7,c7 & 7,d74 4 7b7 ,nonelective contributions ,section #dja7k77#ab7 is am5d$ by r$esignat+ subp>agraph 7,f7 z subp>agraph 7,g71 & by ins]t+ aft] subp>agraph 7,e7 ! foll[+ new subp>agraph3 7,f7 ,tim+ ( plan am5dm5t = employ] mak+ nonelective contributions 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 a plan may be am5d$ aft] ! beg9n+ ( a plan ye> to provide t ! requirem5ts ( subp>agraph 7,c7 %all apply to ! arrangem5t = ! plan ye>1 b only if ! am5dm5t is adopt$-- 7,i7 at any "t be=e ! #cj? day be=e ! close ( ! plan ye>1 or 7,,ii7 at any "t be=e ! la/ day "u p>agraph 7#h77;,a7 = di/ribut+ excess contributions = ! plan ye>4 7ii7 ,exception :]e plan provid$ = mat*+ contributions ,clause 7i7 %all n apply to any plan ye> if ! plan provid$ at any "t dur+ ! plan ye> t ! requirem5ts ( subp>agraph 7,b7 or p>agraph 7#ac77;,d77i77,i7 appli$ to ! plan ye>4 7iii7 #d-p]c5t contribution requirem5t ,clause 7i77,,ii7 %all n apply to an arrangem5t unless ! am\nt ( ! contributions describ$ 9 subp>agraph 7,c7 :i* ! employ] is requir$ to make "u ! arrangem5t = ! plan ye> ) respect to any employee is an am\nt equal to at lea/ #d p]c5t ( ! employee's comp5sation4 4 7c7 ,automatic contribution arrangem5ts ,section #dja7k77#ac7 is am5d$ by add+ at ! end ! foll[+3 7,f7 ,tim+ ( plan am5dm5t = employ] mak+ nonelective contributions 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 a plan may be am5d$ aft] ! beg9n+ ( a plan ye> to provide t ! requirem5ts ( subp>agraph 7,d77i77,,ii7 %all apply to ! arrangem5t = ! plan ye>1 b only if ! am5dm5t is adopt$-- 7,i7 at any "t be=e ! #cj? day be=e ! close ( ! plan ye>1 or 7,,ii7 at any "t be=e ! la/ day "u p>agraph 7#h77;,a7 = di/ribut+ excess contributions = ! plan ye>4 7ii7 ,exception :]e plan provid$ = mat*+ contributions ,clause 7i7 %all n apply to any plan ye> if ! plan provid$ at any "t dur+ ! plan ye> t ! requirem5ts ( subp>agraph 7,d77i77,i7 or p>agraph 7#ab77;,b7 appli$ to ! plan ye>4 7iii7 #d-p]c5t contribution requirem5t ,clause 7i77,,ii7 %all n apply to an arrangem5t unless ! am\nt ( ! contributions describ$ 9 subp>agraph 7,d77i77,,ii7 :i* ! employ] is requir$ to make "u ! arrangem5t = ! plan ye> ) respect to any employee is an am\nt equal to at lea/ #d p]c5t ( ! employee's comp5sation4 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #bjc4 ,c]ta9 taxable non-tuition fell[%ip & /ip5d paym5ts treat$ z comp5sation = ,,ira purposes 7a7 ,9 g5]al ,section #bai7;f77#a7 is am5d$ by add+ at ! end ! foll[+3 ,! t]m comp5sation %all include any am\nt includ$ 9 gross income & paid to an individual to aid ! individual 9 ! pursuit ( graduate or po/doctoral /udy44 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #bjd4 ,repeal ( maximum age = traditional ,,ira contributions 7a7 ,9 g5]al ,section #bai7;d7 is am5d$ by /rik+ p>agraph 7#a74 7b7 ,con=m+ am5dm5t ,section #djh;,a7c7 is am5d$ by /rik+ p>agraph 7#d7 & by r$esignat+ p>agraphs 7#e71 7#f71 & 7#g7 z p>agraphs 7#d71 7#e71 & 7#f71 respectively4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to contributions made = taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #bje4 ,qualifi$ employ] plans prohibit$ f mak+ loans ?r\gh cr$it c>ds & o!r simil> arrangem5ts 7a7 ,9 g5]al ,section #gb7p77#b7 is am5d$ by r$esignat+ subp>agraph 7,d7 z subp>agraph 7,e7 & by ins]t+ aft] subp>agraph 7,c7 ! foll[+ new subp>agraph3 7,d7 ,prohibition ( loans ?r\gh cr$it c>ds & o!r simil> arrangem5ts ,not)/&+ subp>agraph 7,a71 p>agraph 7#a7 %all apply to any loan :i* is made ?r\gh ! use ( any cr$it c>d or any o!r simil> arrangem5t4 4 7b7 ,effective date ,! am5dm5ts made by subsection 7a7 %all apply to loans made aft] ! date ( ! enactm5t ( ?is ,act4 #bjf4 ,portability ( lifetime income inve/m5ts 7a7 ,9 g5]al ,section #dja7;a7 is am5d$ by ins]t+ aft] p>agraph 7#cg7 ! foll[+ new p>agraph3 7#ch7 ,portability ( lifetime income inve/m5ts 7,a7 ,9 g5]al ,except z may be o!rwise provid$ by regulations1 a tru/ =m+ "p ( a def9$ contribution plan %all n be treat$ z fail+ to con/itute a qualifi$ tru/ "u ?is section solely by reason ( all[+-- 7i7 qualifi$ di/ributions ( a lifetime income inve/m5t1 or 7ii7 di/ributions ( a lifetime income inve/m5t 9 ! =m ( a qualifi$ plan di/ribution annuity contract1 on or aft] ! date t is #ij days prior to ! date on :i* su* lifetime income inve/m5t is no long] au?oriz$ to be held z an inve/m5t option "u ! plan4 7,b7 ,def9itions ,= purposes ( ?is subsection-- 7i7 ! t]m qualifi$ di/ribution means a direct tru/ee-to-tru/ee transf] describ$ 9 p>agraph 7#ca77;,a7 to an eligible retirem5t plan 7z def9$ 9 section #djb7;c77#h77;,b771 7ii7 ! t]m lifetime income inve/m5t means an inve/m5t option :i* is design$ to provide an employee ) election rights-- 7,i7 :i* are n uni=mly available ) respect to o!r inve/m5t options "u ! plan1 & 7,,ii7 :i* are to a lifetime income feature available ?r\gh a contract or o!r arrangem5t (f]$ "u ! plan 7or "u ano!r eligible retirem5t plan 7z s def9$71 if paid by means ( a direct tru/ee-to-tru/ee transf] describ$ 9 p>agraph 7#ca77;,a7 to su* o!r eligible retirem5t plan71 7iii7 ! t]m lifetime income feature means-- 7,i7 a feature :i* gu>antees a m9imum level ( income annually 7or m frequ5tly7 = at lea/ ! rema9d] ( ! life ( ! employee or ! jo9t lives ( ! employee & ! employee's designat$ b5efici>y1 or 7,,ii7 an annuity payable on behalf ( ! employee "u :i* paym5ts are made 9 sub/antially equal p]iodic paym5ts 7n less frequ5tly ?an annually7 ov] ! life ( ! employee or ! jo9t lives ( ! employee & ! employee's designat$ b5efici>y1 & 7iv7 ! t]m qualifi$ plan di/ribution annuity contract means an annuity contract pur*as$ = a p>ticipant & di/ribut$ to ! p>ticipant by a plan or contract describ$ 9 subp>agraph 7,b7 ( section #djb7;c77#h7 7)\t reg>d to clauses 7i7 & 7ii7 !re(74 4 7b7 ,ca% or def]r$ arrangem5t 7#a7 ,9 g5]al ,section #dja7k77#b77;,b77i7 is am5d$ by /rik+ or at ! end ( subclause 7,,iv71 by /rik+ & at ! end ( subclause 7,v7 & ins]t+ or1 & by add+ at ! end ! foll[+ new subclause3 7,,vi7 except z may be o!rwise provid$ by regulations1 ) respect to am\nts inve/$ 9 a lifetime income inve/m5t 7z def9$ 9 subsection 7a77#ch77;,b77ii771 ! date t is #ij days prior to ! date t su* lifetime income inve/m5t may no long] be held z an inve/m5t option "u ! arrangem5t1 & 4 7#b7 ,di/ribution requirem5t ,section #dja7k77#b77;,b71 z am5d$ by p>agraph 7#a71 is am5d$ by /rik+ & at ! end ( clause 7i71 by /rik+ ! semicolon at ! end ( clause 7ii7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new clause3 7iii7 except z may be o!rwise provid$ by regulations1 9 ! case ( am\nts describ$ 9 clause 7i77,,vi71 w be di/ribut$ only 9 ! =m ( a qualifi$ di/ribution 7z def9$ 9 subsection 7a77#ch77;,b77i77 or a qualifi$ plan di/ribution annuity contract 7z def9$ 9 subsection 7a77#ch77;,b77iv771 4 7c7 ,section #djc7;b7 plans 7#a7 ,annuity contracts ,section #djc7;b77#aa7 is am5d$ by /rik+ or at ! end ( subp>agraph 7,b71 by /rik+ ! p]iod at ! end ( subp>agraph 7,c7 & ins]t+ 1 or1 & by ins]t+ aft] subp>agraph 7,c7 ! foll[+ new subp>agraph3 7,d7 except z may be o!rwise provid$ by regulations1 ) respect to am\nts inve/$ 9 a lifetime income inve/m5t 7z def9$ 9 section #dja7;a77#ch77;,b77ii77-- 7i7 on or aft] ! date t is #ij days prior to ! date t su* lifetime income inve/m5t may no long] be held z an inve/m5t option "u ! contract1 & 7ii7 9 ! =m ( a qualifi$ di/ribution 7z def9$ 9 section #dja7;a77#ch77;,b77i77 or a qualifi$ plan di/ribution annuity contract 7z def9$ 9 section #dja7;a77#ch77;,b77iv774 4 7#b7 ,cu/odial acc\nts ,section #djc7;b77#g77;,a7 is am5d$ by /rik+ if-- & all t foll[s & ins]t+ if ! am\nts are to be inve/$ 9 regulat$ inve/m5t company /ock to be held 9 t cu/odial acc\nt1 & "u ! cu/odial acc\nt-- 7i7 no su* am\nts may be paid or made available to any di/ributee 7unless su* am\nt is a di/ribution to :i* section #gb7t77#b77;,g7 applies7 be=e-- 7,i7 ! employee dies1 7,,ii7 ! employee atta9s age #ei1 7,,iii7 ! employee has a sev]ance f employm5t1 7,,iv7 ! employee becomes disabl$ 7)9 ! mean+ ( section #gb7m77#g771 7,v7 9 ! case ( contributions made pursuant to a sal>y r$uction agreem5t 7)9 ! mean+ ( section #caba7;a77#e77;,d771 ! employee enc\nt]s f9ancial h>d%ip1 or 7,,vi7 except z may be o!rwise provid$ by regulations1 ) respect to am\nts inve/$ 9 a lifetime income inve/m5t 7z def9$ 9 section #dja7;a77#ch77;,b77ii771 ! date t is #ij days prior to ! date t su* lifetime income inve/m5t may no long] be held z an inve/m5t option "u ! contract1 & 7ii7 9 ! case ( am\nts describ$ 9 clause 7i77,,vi71 su* am\nts w be di/ribut$ only 9 ! =m ( a qualifi$ di/ribution 7z def9$ 9 section #dja7;a77#ch77;,b77i77 or a qualifi$ plan di/ribution annuity contract 7z def9$ 9 section #dja7;a77#ch77;,b77iv774 4 7d7 ,eligible def]r$ comp5sation plans 7#a7 ,9 g5]al ,section #deg7;d77#a77;,a7 is am5d$ by /rik+ or at ! end ( clause 7ii71 by ins]t+ or at ! end ( clause 7iii71 & by add+ aft] clause 7iii7 ! foll[+3 7iv7 except z may be o!rwise provid$ by regulations1 9 ! case ( a plan ma9ta9$ by an employ] describ$ 9 subsection 7e77#a77;,a71 ) respect to am\nts inve/$ 9 a lifetime income inve/m5t 7z def9$ 9 section #dja7;a77#ch77;,b77ii771 ! date t is #ij days prior to ! date t su* lifetime income inve/m5t may no long] be held z an inve/m5t option "u ! plan1 4 7#b7 ,di/ribution requirem5t ,section #deg7;d77#a7 is am5d$ by /rik+ & at ! end ( subp>agraph 7,b71 by /rik+ ! p]iod at ! end ( subp>agraph 7,c7 & ins]t+ 1 &1 & by ins]t+ aft] subp>agraph 7,c7 ! foll[+ new subp>agraph3 7,d7 except z may be o!rwise provid$ by regulations1 9 ! case ( am\nts describ$ 9 subp>agraph 7,a77iv71 su* am\nts w be di/ribut$ only 9 ! =m ( a qualifi$ di/ribution 7z def9$ 9 section #dja7;a77#ch77;,b77i77 or a qualifi$ plan di/ribution annuity contract 7z def9$ 9 section #dja7;a77#ch77;,b77iv774 4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #bjg4 ,treatm5t ( cu/odial acc\nts on t]m9ation ( section #djc7;b7 plans ,n lat] ?an six mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury %all issue guidance to provide t1 if an employ] t]m9ates ! plan "u :i* am\nts are contribut$ to a cu/odial acc\nt "u subp>agraph 7,a7 ( section #djc7;b77#g71 ! plan adm9i/rator or cu/odian may di/ribute an individual cu/odial acc\nt 9 k9d to a p>ticipant or b5efici>y ( ! plan & ! di/ribut$ cu/odial acc\nt %all be ma9ta9$ by ! cu/odian on a tax-def]r$ basis z a section #djc7;b77#g7 cu/odial acc\nt1 simil> to ! treatm5t ( fully-paid individual annuity contracts "u ,rev5ue ,rul+ #bjaa-g1 until am\nts are actually paid to ! p>ticipant or b5efici>y4 ,! guidance %all provide fur!r 7i7 t ! section #djc7;b77#g7 /atus ( ! di/ribut$ cu/odial acc\nt is g5]ally ma9ta9$ if ! cu/odial acc\nt !reaft] adh]es to ! requirem5ts ( section #djc7;b7 t are 9 effect at ! "t ( ! di/ribution ( ! acc\nt & 7ii7 t a cu/odial acc\nt w\ld n be consid]$ di/ribut$ to ! p>ticipant or b5efici>y if ! employ] has any mat]ial reta9$ rights "u ! acc\nt 7b ! employ] w\ld n be treat$ z reta9+ mat]ial rights simply because ! cu/odial acc\nt 0 orig9ally op5$ "u a gr\p contract74 #bjh4 ,cl>ification ( retirem5t income acc\nt rules relat+ to *ur*-controll$ organizations 7a7 ,9 g5]al ,section #djc7;b77#i77;,b7 is am5d$ by ins]t+ 7includ+ an employee describ$ 9 section #dad7;e77#c77;,b77 aft] employee describ$ 9 p>agraph 7#a74 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to ye>s beg9n+ be=e1 on1 or aft] ! date ( ! enactm5t ( ?is ,act4 #bji4 ,increase 9 #aj p]c5t cap = automatic enrollm5t safe h>bor aft] #a/ plan ye> 7a7 ,9 g5]al ,section #dja7k77#ac77;,c77iii7 is am5d$ by /rik+ does n exce$ #aj p]c5t & ins]t+ does n exce$ #ae p]c5t 7#aj p]c5t dur+ ! p]iod describ$ 9 subclause 7,i774 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #baj4 ,increase 9 cr$it limitation = small employ] p5sion plan />tup co/s 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #de;,e7b7 is am5d$ to read z foll[s3 7#a7 = ! fir/ cr$it ye> & ea* ( ! #b taxable ye>s imm$iately foll[+ ! fir/ cr$it ye>1 ! great] (-- 7,a7 #ejj1 or 7,b7 ! less] (-- 7i7 #bej = ea* employee ( ! eligible employ] :o is n a highly comp5sat$ employee 7z def9$ 9 section #dad7q77 & :o is eligible to p>ticipate 9 ! eligible employ] plan ma9ta9$ by ! eligible employ]1 or 7ii7 #a1ejj1 & 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #baa4 ,small employ] automatic enrollm5t cr$it 7a7 ,9 g5]al ,section #de;,e is am5d$ by add+ at ! end ! foll[+ new subsection3 7f7 ,cr$it = auto-enrollm5t option = retirem5t sav+s options 7#a7 ,9 g5]al ,! cr$it all[$ "u subsection 7a7 = any taxable ye> dur+ an eligible employ]'s retirem5t auto-enrollm5t cr$it p]iod %all be increas$ 7)\t reg>d to subsection 7b77 by #ejj4 7#b7 ,retirem5t auto-enrollm5t cr$it p]iod 7,a7 ,9 g5]al ,! retirem5t auto-enrollm5t cr$it p]iod ) respect to any eligible employ] is ! #c-taxable-ye> p]iod beg9n+ ) ! fir/ taxable ye> = :i* ! employ] includes an eligible automatic contribution arrangem5t 7z def9$ 9 section #dad7w77#c77 9 a qualifi$ employ] plan 7z def9$ 9 section #digb7;d77 sponsor$ by ! employ]4 7,b7 ,ma9t5ance ( arrangem5t ,no taxable ye> ) respect to an employ] %all be treat$ z occurr+ )9 ! retirem5t auto-enrollm5t cr$it p]iod unless ! arrangem5t describ$ 9 subp>agraph 7,a7 is includ$ 9 ! plan = su* ye>4 7#c7 ,n limit$ to new plans ,?is subsection %all be appli$ )\t reg>d to subsection 7c77#b74 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #bab4 ,exemption f requir$ m9imum di/ribution rules = individuals ) c]ta9 acc\nt balances 7a7 ,9 g5]al ,section #dja7;a77#i7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,h7 ,exception f requir$ m9imum di/ributions dur+ life ( employee :]e assets d n exce$ #ej1jjj 7i7 ,9 g5]al ,if on ! la/ day ( any cal5d> ye> ! aggregate value ( an employee's entire int]e/ "u all applicable eligible retirem5t plans does n exce$ #ej1jjj1 !n ! requirem5ts ( subp>agraph 7,a7 ) respect to any di/ribution relat+ to su* ye> %all n apply ) respect to su* employee4 7ii7 ,applicable eligible retirem5t plan ,= purposes ( ?is subp>agraph1 ! t]m applicable eligible retirem5t plan means an eligible retirem5t plan 7z def9$ 9 section #djb7;c77#h77;,b77 o!r ?an a def9$ b5efit plan4 7iii7 ,limit on requir$ m9imum di/ribution ,! requir$ m9imum di/ribution det]m9$ "u subp>agraph 7,a7 = an employee "u all applicable eligible retirem5t plans %all n exce$ an am\nt equal to ! excess (-- 7,i7 ! aggregate value ( an employee's entire int]e/ "u su* plans on ! la/ day ( ! cal5d> ye> to :i* su* di/ribution relates1 ov] 7,,ii7 ! doll> am\nt 9 effect "u clause 7i7 = su* cal5d> ye>4 ,! ,secret>y 9 regulations or o!r guidance may provide h[ su* am\nt %all be di/ribut$ 9 ! case ( an individual ) m ?an "o applicable eligible retirem5t plan4 7iv7 ,inflation adju/m5t ,9 ! case ( any cal5d> ye> beg9n+ aft] #bjai1 ! #ej1jjj am\nt 9 clause 7i7 %all be increas$ by an am\nt equal to-- 7,i7 su* doll> am\nt1 multipli$ by 7,,ii7 ! co/ ( liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye>1 det]m9$ by sub/itut+ cal5d> ye> #bjah = cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 !re(4 ,any increase det]m9$ "u ?is clause %all be r\nd$ to ! next l[e/ multiple ( #e1jjj4 7v7 ,plan adm9i/rator reliance on employee c]tification ,an applicable eligible retirem5t plan describ$ 9 clause 7iii71 7iv71 7v71 or 7vi7 ( section #djb7;c77#h77;,b7 %all n be treat$ z fail+ to meet ! requirem5ts ( ?is p>agraph 9 ! case ( any failure to make a requir$ m9imum di/ribution = a cal5d> ye> if-- 7,i7 ! aggregate value ( an employee's entire int]e/ "u all applicable eligible retirem5t plans ( ! employ] on ! la/ day ( ! cal5d> ye> to :i* su* di/ribution relates does n exce$ ! doll> am\nt 9 effect = su* ye> "u clause 7i71 & 7,,ii7 ! employee c]tifies t ! aggregate value ( ! employee's entire int]e/ "u all applicable eligible retirem5t plans on ! la/ day ( ! cal5d> ye> to :i* su* di/ribution relates did n exce$ ! doll> am\nt 9 effect = su* ye> "u clause 7i74 7vi7 ,aggregation rule ,all employ]s treat$ z a s+le employ] "u subsection 7b71 7c71 7m71 or 7o7 ( section #dad %all be treat$ z a s+le employ] = purposes ( clause 7v74 4 7b7 ,plan adm9i/rator report+ ,section #fjdg is am5d$ by r$esignat+ subsection 7h7 z subsection 7i7 & by ins]t+ aft] subsection 7g7 ! foll[+ new subsection3 7h7 ,acc\nt balance = p>ticipants :o h atta9$ age #fi 7#a7 ,9 g5]al ,n lat] ?an ,janu>y #ca ( ea* ye>1 ! plan adm9i/rator 7z def9$ 9 section #dad7;g77 ( ea* applicable eligible retirem5t plan 7z def9$ 9 section #dja7;a77#i77;,h77 %all make a return to ! ,secret>y ) respect to ea* p>ticipant ( su* plan :o has atta9$ age #fi z ( ! end ( ! prec$+ cal5d> ye> :i* /ates-- 7,a7 ! "n & plan numb] ( ! plan1 7,b7 ! "n & address ( ! plan adm9i/rator1 7,c7 ! "n1 address1 & taxpay] id5tification numb] ( ! p>ticipant1 & 7,d7 ! acc\nt balance ( su* p>ticipant z ( ! end ( ! prec$+ cal5d> ye>4 7#b7 ,/atem5t furni%$ to p>ticipant ,e p]son requir$ to make a return "u p>agraph 7#a7 ) respect to a p>ticipant %all furni% a copy ( su* return to su* p>ticipant4 7#c7 ,application to individual retirem5t plans & annuities ,9 ! case ( an applicable eligible retirem5t plan describ$ 9 clause 7i7 or 7ii7 ( section #djb7;c77#h77;,b7-- 7,a7 any ref]5ce 9 ?is subsection to ! plan adm9i/rator %all be treat$ z a ref]5ce to ! tru/ee or issu]1 z ! case may be1 & 7,b7 any ref]5ce 9 ?is subsection to ! p>ticipant %all be treat$ z a ref]5ce to ! individual = :om su* acc\nt or annuity is ma9ta9$4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to di/ributions requir$ to be made 9 cal5d> ye>s beg9n+ m ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act4 #bac4 ,elective def]rals by memb]s ( ! ,ready ,res]ve ( a res]ve compon5t ( ! ,arm$ ,=ces 7a7 ,9 g5]al ,section #djb7;g7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,elective def]rals by memb]s ( ,ready ,res]ve 7,a7 ,9 g5]al ,9 ! case ( a qualifi$ ready res]vi/ = any taxable ye>1 ! limitations ( subp>agraphs 7,a7 & 7,c7 ( p>agraph 7#a7 %all be appli$ sep>ately ) respect to-- 7i7 elective def]rals ( su* qualifi$ ready res]vi/ ) respect to comp5sation describ$ 9 subp>agraph 7,b71 & 7ii7 all o!r elective def]rals ( su* qualifi$ ready res]vi/4 7,b7 ,qualifi$ ready res]vi/ ,= purposes ( ?is p>agraph1 ! t]m qualifi$ ready res]vi/ means any individual = any taxable ye> if su* individual receiv$ comp5sation = s]vice z a memb] ( ! ,ready ,res]ve ( a res]ve compon5t 7z def9$ 9 section #aja ( title #cg1 ,unit$ ,/ates ,code7 dur+ su* taxable ye>4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 ,b ,adm9i/rative improvem5ts #bba4 ,plan adopt$ by fil+ due date = ye> may be treat$ z 9 effect z ( close ( ye> 7a7 ,9 g5]al ,section #dja7;b7 is am5d$-- 7#a7 by /rik+ retroactive *anges 9 plan4--,a /ock bonus & ins]t+ 8plan am5dm5ts4-- 7#a7 ,c]ta9 retroactive *anges 9 plan ,a /ock bonus 1 & 7#b7 by add+ at ! end ! foll[+ new p>agraph3 7#b7 ,adoption ( plan ,if an employ] adopts a /ock bonus1 p5sion1 pr(it-%>+1 or annuity plan aft] ! close ( a taxable ye> b be=e ! "t prescrib$ by law = fil+ ! employ]'s return ( tax = ! taxable ye> 7includ+ ext5sions !re(71 ! employ] may elect to treat ! plan z hav+ be5 adopt$ z ( ! la/ day ( ! taxable ye>4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to plans adopt$ = taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjah4 #bbb4 ,modification ( nondiscrim9ation rules to protect old]1 long] s]vice p>ticipants 7a7 ,9 g5]al ,section #dja is am5d$-- 7#a7 by r$esignat+ subsection 7o7 z subsection 7p71 & 7#b7 by ins]t+ aft] subsection 7n7 ! foll[+ new subsection3 7o7 ,special rules = apply+ nondiscrim9ation rules to protect old]1 long] s]vice & gr&fa!r$ p>ticipants 7#a7 ,te/+ ( def9$ b5efit plans ) clos$ classes ( p>ticipants 7,a7 ,b5efits1 rights1 or features provid$ to clos$ classes ,a def9$ b5efit plan :i* provides b5efits1 rights1 or features to a clos$ class ( p>ticipants %all n fail to satisfy ! requirem5ts ( subsection 7a77#d7 by reason ( ! composition ( su* clos$ class or ! b5efits1 rights1 or features provid$ to su* clos$ class1 if-- 7i7 = ! plan ye> z ( :i* ! class closes & ! #b succe$+ plan ye>s1 su* b5efits1 rights1 & features satisfy ! requirem5ts ( subsection 7a77#d7 7)\t reg>d to ?is subp>agraph b tak+ into acc\nt ! rules ( subp>agraph 7,i771 7ii7 aft] ! date z ( :i* ! class 0 clos$1 any plan am5dm5t :i* modifies ! clos$ class or ! b5efits1 rights1 & features provid$ to su* clos$ class does n discrim9ate significantly 9 favor ( highly comp5sat$ employees1 & 7iii7 ! class 0 clos$ be=e ,april #e1 #bjag1 or ! plan is describ$ 9 subp>agraph 7,c74 7,b7 ,aggregate te/+ ) def9$ contribution plans p]mitt$ on a b5efits basis 7i7 ,9 g5]al ,= purposes ( det]m9+ compliance ) subsection 7a77#d7 & section #daj7;b71 a def9$ b5efit plan describ$ 9 clause 7iii7 may be aggregat$ & te/$ on a b5efits basis ) #a or m def9$ contribution plans1 includ+ ) ! portion ( #a or m def9$ contribution plans :i*-- 7,i7 provides mat*+ contributions 7z def9$ 9 subsection 7m77#d77;,a771 7,,ii7 provides annuity contracts describ$ 9 section #djc7;b7 :i* are pur*as$ ) mat*+ contributions or nonelective contributions1 or 7,,iii7 consi/s ( an employee /ock own]%ip plan 7)9 ! mean+ ( section #dige7;e77#g77 or a tax cr$it employee /ock own]%ip plan 7)9 ! mean+ ( section #dji7;a774 7ii7 ,special rules = mat*+ contributions ,= purposes ( clause 7i71 if a def9$ b5efit plan is aggregat$ ) a portion ( a def9$ contribution plan provid+ mat*+ contributions-- 7,i7 su* def9$ b5efit plan mu/ also be aggregat$ ) any portion ( su* def9$ contribution plan :i* provides elective def]rals describ$ 9 subp>agraph 7,a7 or 7,c7 ( section #djb7;g77#c71 & 7,,ii7 su* mat*+ contributions %all be treat$ 9 ! same mann] z nonelective contributions1 includ+ = purposes ( apply+ ! rules ( subsection 7l74 7iii7 ,plans describ$ ,a def9$ b5efit plan is describ$ 9 ?is clause if-- 7,i7 ! plan provides b5efits to a clos$ class ( p>ticipants1 7,,ii7 = ! plan ye> z ( :i* ! class closes & ! #b succe$+ plan ye>s1 ! plan satisfies ! requirem5ts ( section #daj7;b7 & subsection 7a77#d7 7)\t reg>d to ?is subp>agraph b tak+ into acc\nt ! rules ( subp>agraph 7,i771 7,,iii7 aft] ! date z ( :i* ! class 0 clos$1 any plan am5dm5t :i* modifies ! clos$ class or ! b5efits provid$ to su* clos$ class does n discrim9ate significantly 9 favor ( highly comp5sat$ employees1 & 7,,iv7 ! class 0 clos$ be=e ,april #e1 #bjag1 or ! plan is describ$ 9 subp>agraph 7,c74 7,c7 ,plans describ$ ,a plan is describ$ 9 ?is subp>agraph if1 tak+ into acc\nt any pr$ecessor plan-- 7i7 su* plan has be5 9 effect = at lea/ #e ye>s z ( ! date ! class is clos$1 & 7ii7 dur+ ! #e-ye> p]iod prec$+ ! date ! class is clos$1 !re has n be5 a sub/antial increase 9 ! cov]age or value ( ! b5efits1 rights1 or features describ$ 9 subp>agraph 7,a7 or 9 ! cov]age or b5efits "u ! plan describ$ 9 subp>agraph 7,b77iii7 7:i*ev] is applicable74 7,d7 ,det]m9ation ( sub/antial increase = b5efits1 rights1 & features ,9 apply+ subp>agraph 7,c77ii7 = purposes ( subp>agraph 7,a77iii71 a plan %all be treat$ z hav+ _h a sub/antial increase 9 cov]age or value ( ! b5efits1 rights1 or features describ$ 9 subp>agraph 7,a7 dur+ ! applicable #e-ye> p]iod only if1 dur+ su* p]iod-- 7i7 ! numb] ( p>ticipants cov]$ by su* b5efits1 rights1 or features on ! date su* p]iod ends is m ?an #ej p]c5t great] ?an ! numb] ( su* p>ticipants on ! fir/ day ( ! plan ye> 9 :i* su* p]iod began1 or 7ii7 su* b5efits1 rights1 & features h be5 modifi$ by #a or m plan am5dm5ts 9 su* a way t1 z ( ! date ! class is clos$1 ! value ( su* b5efits1 rights1 & features to ! clos$ class z a :ole is sub/antially great] ?an ! value z ( ! fir/ day ( su* #e-ye> p]iod1 solely z a result ( su* am5dm5ts4 7,e7 ,det]m9ation ( sub/antial increase = aggregate te/+ on b5efits basis ,9 apply+ subp>agraph 7,c77ii7 = purposes ( subp>agraph 7,b77iii77,,iv71 a plan %all be treat$ z hav+ _h a sub/antial increase 9 cov]age or b5efits dur+ ! applicable #e-ye> p]iod only if1 dur+ su* p]iod-- 7i7 ! numb] ( p>ticipants b5efitt+ "u ! plan on ! date su* p]iod ends is m ?an #ej p]c5t great] ?an ! numb] ( su* p>ticipants on ! fir/ day ( ! plan ye> 9 :i* su* p]iod began1 or 7ii7 ! av]age b5efit provid$ to su* p>ticipants on ! date su* p]iod ends is m ?an #ej p]c5t great] ?an ! av]age b5efit provid$ on ! fir/ day ( ! plan ye> 9 :i* su* p]iod began4 7,f7 ,c]ta9 employees disreg>d$ ,= purposes ( subp>agraphs 7,d7 & 7,e71 any increase 9 cov]age or value or 9 cov]age or b5efits1 :i*ev] is applicable1 :i* is attributable to su* cov]age & value or cov]age & b5efits provid$ to employees-- 7i7 :o became p>ticipants z a result ( a m]g]1 acquisition1 or simil> ev5t :i* occurr$ dur+ ! #g-ye> p]iod prec$+ ! date ! class is clos$1 or 7ii7 :o became p>ticipants by reason ( a m]g] ( ! plan ) ano!r plan :i* _h be5 9 effect = at lea/ #e ye>s z ( ! date ( ! m]g]1 %all be disreg>d$1 except t clause 7ii7 %all apply = purposes ( subp>agraph 7,d7 only if1 "u ! m]g]1 ! b5efits1 rights1 or features "u #a plan are con=m$ to ! b5efits1 rights1 or features ( ! o!r plan prospectively4 7,g7 ,rules relat+ to av]age b5efit ,= purposes ( subp>agraph 7,e7-- 7i7 ! av]age b5efit provid$ to p>ticipants "u ! plan w be treat$ z hav+ rema9$ ! same betwe5 ! #b dates describ$ 9 subp>agraph 7,e77ii7 if ! b5efit =mula applicable to su* p>ticipants has n *ang$ betwe5 su* dates1 & 7ii7 if ! b5efit =mula applicable to #a or m p>ticipants "u ! plan has *ang$ betwe5 su* #b dates1 !n ! av]age b5efit "u ! plan %all be consid]$ to h increas$ by m ?an #ej p]c5t only if-- 7,i7 ! total am\nt det]m9$ "u section #dcj7;b77#a77;,a77i7 = all p>ticipants b5efitt+ "u ! plan = ! plan ye> 9 :i* ! #e-ye> p]iod describ$ 9 subp>agraph 7,e7 ends1 exce$s 7,,ii7 ! total am\nt det]m9$ "u section #dcj7;b77#a77;,a77i7 = all su* p>ticipants = su* plan ye>1 by us+ ! b5efit =mula 9 effect = ea* su* p>ticipant = ! fir/ plan ye> 9 su* #e-ye> p]iod1 by m ?an #ej p]c5t4 ,9 ! case ( a ,,csec plan 7z def9$ 9 section #dad7y771 ! normal co/ ( ! plan 7z det]m9$ "u section #dcc7;j77#a77;,b77 %all be us$ 9 lieu ( ! am\nt det]m9$ "u section #dcj7;b77#a77;,a77i74 7,h7 ,treatm5t z s+le plan ,= purposes ( subp>agraphs 7,e7 & 7,g71 a plan describ$ 9 section #dac7;c7 %all be treat$ z a s+le plan r ?an z sep>ate plans ma9ta9$ by ea* employ] 9 ! plan4 7,i7 ,special rules ,= purposes ( subp>agraphs 7,a77i7 & 7,b77iii77,,ii71 ! foll[+ rules %all apply3 7i7 ,9 apply+ section #daj7;b77#f77;,c71 ! clos+ ( ! class ( p>ticipants %all n be treat$ z a significant *ange 9 cov]age "u section #daj7;b77#f77;,c77i77,,ii74 7ii7 #b or m plans %all n fail to be eligible to be aggregat$ & treat$ z a s+le plan solely by reason ( hav+ diff]5t plan ye>s4 7iii7 ,*anges 9 ! employee population %all be disreg>d$ to ! ext5t attributable to individuals :o become employees or cease to be employees1 aft] ! date ! class is clos$1 by reason ( a m]g]1 acquisition1 dive/iture1 or simil> ev5t4 7iv7 ,aggregation & all o!r te/+ me?odologies o!rwise applicable "u subsection 7a77#d7 & section #daj7;b7 may be tak5 into acc\nt4 ,! rule ( clause 7ii7 %all also apply = purposes ( det]m9+ :e!r plans to :i* subp>agraph 7,b77i7 applies may be aggregat$ & treat$ z #a plan = purposes ( det]m9+ :e!r su* plans meet ! requirem5ts ( subsection 7a77#d7 & section #daj7;b74 7,j7 ,spun-(f plans ,= purposes ( ?is p>agraph1 if a portion ( a def9$ b5efit plan describ$ 9 subp>agraph 7,a7 or 7,b77iii7 is spun (f to ano!r employ] & ! spun-(f plan cont9ues to satisfy ! requirem5ts (-- 7i7 subp>agraph 7,a77i7 or 7,b77iii77,,ii71 :i*ev] is applicable1 if ! orig9al plan 0 /ill )9 ! #c-ye> p]iod describ$ 9 su* subp>agraph at ! "t ( ! sp9 (f1 & 7ii7 subp>agraph 7,a77ii7 or 7,b77iii77,,iii71 :i*ev] is applicable1 ! treatm5t "u subp>agraph 7,a7 or 7,b7 ( ! spun-(f plan %all cont9ue ) respect to su* o!r employ]4 7#b7 ,te/+ ( def9$ contribution plans 7,a7 ,te/+ on a b5efits basis ,a def9$ contribution plan %all be p]mitt$ to be te/$ on a b5efits basis if-- 7i7 su* def9$ contribution plan provides make-:ole contributions to a clos$ class ( p>ticipants ^: accruals "u a def9$ b5efit plan h be5 r$uc$ or elim9at$1 7ii7 = ! plan ye> ( ! def9$ contribution plan z ( :i* ! class eligible to receive su* make-:ole contributions closes & ! #b succe$+ plan ye>s1 su* clos$ class ( p>ticipants satisfies ! requirem5ts ( section #daj7;b77#b77;,a77i7 7det]m9$ by apply+ ! rules ( p>agraph 7#a77;,i771 7iii7 aft] ! date z ( :i* ! class 0 clos$1 any plan am5dm5t to ! def9$ contribution plan :i* modifies ! clos$ class or ! allocations1 b5efits1 rights1 & features provid$ to su* clos$ class does n discrim9ate significantly 9 favor ( highly comp5sat$ employees1 & 7iv7 ! class 0 clos$ be=e ,april #e1 #bjag1 or ! def9$ b5efit plan "u clause 7i7 is describ$ 9 p>agraph 7#a77;,c7 7z appli$ = purposes ( p>agraph 7#a77;,b77iii77,,iv774 7,b7 ,aggregation ) plans includ+ mat*+ contributions 7i7 ,9 g5]al ,) respect to #a or m def9$ contribution plans describ$ 9 subp>agraph 7,a71 = purposes ( det]m9+ compliance ) subsection 7a77#d7 & section #daj7;b71 ! portion ( su* plans :i* provides make-:ole contributions or o!r nonelective contributions may be aggregat$ & te/$ on a b5efits basis ) ! portion ( #a or m o!r def9$ contribution plans :i*-- 7,i7 provides mat*+ contributions 7z def9$ 9 subsection 7m77#d77;,a771 7,,ii7 provides annuity contracts describ$ 9 section #djc7;b7 :i* are pur*as$ ) mat*+ contributions or nonelective contributions1 or 7,,iii7 consi/s ( an employee /ock own]%ip plan 7)9 ! mean+ ( section #dige7;e77#g77 or a tax cr$it employee /ock own]%ip plan 7)9 ! mean+ ( section #dji7;a774 7ii7 ,special rules = mat*+ contributions ,rules simil> to ! rules ( p>agraph 7#a77;,b77ii7 %all apply = purposes ( clause 7i74 7,c7 ,special rules = te/+ def9$ contribution plan features provid+ mat*+ contributions to c]ta9 old]1 long] s]vice p>ticipants ,9 ! case ( a def9$ contribution plan :i* provides b5efits1 rights1 or features to a clos$ class ( p>ticipants ^: accruals "u a def9$ b5efit plan h be5 r$uc$ or elim9at$1 ! plan %all n fail to satisfy ! requirem5ts ( subsection 7a77#d7 solely by reason ( ! composition ( ! clos$ class or ! b5efits1 rights1 or features provid$ to su* clos$ class if ! def9$ contribution plan & def9$ b5efit plan o!rwise meet ! requirem5ts ( subp>agraph 7,a7 b = ! fact t ! make-:ole contributions "u ! def9$ contribution plan are made 9 :ole or 9 "p ?r\gh mat*+ contributions4 7,d7 ,spun-(f plans ,= purposes ( ?is p>agraph1 if a portion ( a def9$ contribution plan describ$ 9 subp>agraph 7,a7 or 7,c7 is spun (f to ano!r employ]1 ! treatm5t "u subp>agraph 7,a7 or 7,c7 ( ! spun-(f plan %all cont9ue ) respect to ! o!r employ] if su* plan cont9ues to comply ) ! requirem5ts ( clauses 7ii7 7if ! orig9al plan 0 /ill )9 ! #c-ye> p]iod describ$ 9 su* clause at ! "t ( ! sp9 (f7 & 7iii7 ( subp>agraph 7,a71 z det]m9$ = purposes ( subp>agraph 7,a7 or 7,c71 :i*ev] is applicable4 7#c7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,make-:ole contributions ,except z o!rwise provid$ 9 p>agraph 7#b77;,c71 ! t]m make-:ole contributions means nonelective allocations = ea* employee 9 ! class :i* are reasonably calculat$1 9 a consi/5t mann]1 to replace "s or all ( ! retirem5t b5efits :i* ! employee w\ld h receiv$ "u ! def9$ b5efit plan & any o!r plan or qualifi$ ca% or def]r$ arrangem5t "u subsection 7k77#b7 if no *ange _h be5 made to su* def9$ b5efit plan & su* o!r plan or arrangem5t4 ,= purposes ( ! prec$+ s5t5ce1 consi/5cy %all n be requir$ ) respect to employees :o 7 subject to diff]5t b5efit =mulas "u ! def9$ b5efit plan4 7,b7 ,ref]5ces to clos$ class ( p>ticipants ,ref]5ces to a clos$ class ( p>ticipants & simil> ref]5ces to a clos$ class %all include arrangem5ts "u :i* #a or m classes ( p>ticipants are clos$1 except t #a or m classes ( p>ticipants clos$ on diff]5t dates %all n be aggregat$ = purposes ( det]m9+ ! date any su* class 0 clos$4 7,c7 ,highly comp5sat$ employee ,! t]m highly comp5sat$ employee has ! mean+ giv5 su* t]m 9 section #dad7q74 4 7b7 ,p>ticipation requirem5ts ,section #dja7;a77#bf7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,i7 ,protect$ p>ticipants 7i7 ,9 g5]al ,a plan %all be deem$ to satisfy ! requirem5ts ( subp>agraph 7,a7 if-- 7,i7 ! plan is am5d$-- 7aa7 to cease all b5efit accruals1 or 7bb7 to provide future b5efit accruals only to a clos$ class ( p>ticipants1 7,,ii7 ! plan satisfies subp>agraph 7,a7 7)\t reg>d to ?is subp>agraph7 z ( ! effective date ( ! am5dm5t1 & 7,,iii7 ! am5dm5t 0 adopt$ be=e ,april #e1 #bjag1 or ! plan is describ$ 9 clause 7ii74 7ii7 ,plans describ$ ,a plan is describ$ 9 ?is clause if ! plan w\ld be describ$ 9 subsection 7o77#a77;,c71 z appli$ = purposes ( subsection 7o77#a77;,b77iii77,,iv7 & by treat+ ! effective date ( ! am5dm5t z ! date ! class 0 clos$ = purposes ( subsection 7o77#a77;,c74 7iii7 ,special rules ,= purposes ( clause 7i77,,ii71 9 apply+ section #daj7;b77#f77;,c71 ! am5dm5ts describ$ 9 clause 7i7 %all n be treat$ z a significant *ange 9 cov]age "u section #daj7;b77#f77;,c77i77,,ii74 7iv7 ,spun-(f plans ,= purposes ( ?is subp>agraph1 if a portion ( a plan describ$ 9 clause 7i7 is spun (f to ano!r employ]1 ! treatm5t "u clause 7i7 ( ! spun-(f plan %all cont9ue ) respect to ! o!r employ]4 4 7c7 ,effective date 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all take effect on ! date ( ! enactm5t ( ?is ,act1 )\t reg>d to :e!r any plan modifications ref]r$ to 9 su* am5dm5ts are adopt$ or effective be=e1 on1 or aft] su* date ( enactm5t4 7#b7 ,special rules 7,a7 ,election ( e>li] application ,at ! election ( ! plan sponsor1 ! am5dm5ts made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 7,b7 ,clos$ classes ( p>ticipants ,= purposes ( p>agraphs 7#a77;,a77iii71 7#a77;,b77iii77,,iv71 & 7#b77;,a77iv7 ( section #dja7o7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by ?is section71 a clos$ class ( p>ticipants %all be treat$ z be+ clos$ be=e ,april #e1 #bjag1 if ! plan sponsor's int5tion to create su* clos$ class is reflect$ 9 =mal writt5 docum5ts & communicat$ to p>ticipants be=e su* date4 7,c7 ,c]ta9 po/-enactm5t plan am5dm5ts ,a plan %all n be treat$ z fail+ to be eligible = ! application ( section #dja7o77#a77;,a71 #dja7o77#a77;,b77iii71 or #dja7;a77#bf7 ( su* ,code 7z add$ by ?is section7 to su* plan solely because 9 ! case (-- 7i7 su* section #dja7o77#a77;,a71 ! plan 0 am5d$ be=e ! date ( ! enactm5t ( ?is ,act to elim9ate #a or m b5efits1 rights1 or features1 & is fur!r am5d$ aft] su* date ( enactm5t to provide su* previ\sly elim9at$ b5efits1 rights1 or features to a clos$ class ( p>ticipants1 or 7ii7 su* section #dja7o77#a77;,b77iii7 or section #dja7;a77#bf71 ! plan 0 am5d$ be=e ! date ( ! enactm5t ( ?is ,act to cease all b5efit accruals1 & is fur!r am5d$ aft] su* date ( enactm5t to provide b5efit accruals to a clos$ class ( p>ticipants4 ,any su* section %all only apply if ! plan o!rwise meets ! requirem5ts ( su* section & 9 apply+ su* section1 ! date ! class ( p>ticipants is clos$ %all be ! effective date ( ! lat] am5dm5t4 #bbc4 ,fiduci>y safe h>bor = selection ( lifetime income provid] ,section #djd ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #aajd7 is am5d$ by add+ at ! end ! foll[+3 7e7 ,safe h>bor = annuity selection 7#a7 ,9 g5]al ,) respect to ! selection ( an insur] = a gu>ante$ retirem5t income contract1 ! requirem5ts ( subsection 7a77#a77;,b7 w be deem$ to be satisfi$ if a fiduci>y-- 7,a7 engages 9 an objective1 ?or\gh1 & analytical se>* = ! purpose ( id5tify+ insur]s f :i* to pur*ase su* contracts2 7,b7 ) respect to ea* insur] id5tifi$ "u subp>agraph 7,a7-- 7i7 consid]s ! f9ancial capability ( su* insur] to satisfy its obligations "u ! gu>ante$ retirem5t income contract2 & 7ii7 consid]s ! co/ 7includ+ fees & commissions7 ( ! gu>ante$ retirem5t income contract (f]$ by ! insur] 9 relation to ! b5efits & product features ( ! contract & adm9i/rative s]vices to be provid$ "u su* contract2 & 7,c7 on ! basis ( su* consid]ation1 concludes t-- 7i7 at ! "t ( ! selection1 ! insur] is f9ancially capable ( satisfy+ its obligations "u ! gu>ante$ retirem5t income contract2 & 7ii7 ! relative co/ ( ! select$ gu>ante$ retirem5t income contract z describ$ 9 subp>agraph 7,b77ii7 is reasonable4 7#b7 ,f9ancial capability ( ! insur] ,a fiduci>y w be deem$ to satisfy ! requirem5ts ( p>agraphs 7#a77;,b77i7 & 7#a77;,c77i7 if-- 7,a7 ! fiduci>y obta9s writt5 repres5tations f ! insur] t-- 7i7 ! insur] is lic5s$ to (f] gu>ante$ retirem5t income contracts2 7ii7 ! insur]1 at ! "t ( selection & = ea* ( ! imm$iately prec$+ #g plan ye>s-- 7,i7 op]ates "u a c]tificate ( au?ority f ! insurance commission] ( its domicili>y ,/ate :i* has n be5 revok$ or susp5d$2 7,,ii7 has fil$ audit$ f9ancial /atem5ts 9 accordance ) ! laws ( its domicili>y ,/ate "u applicable /atutory acc\nt+ pr9ciples2 7,,iii7 ma9ta9s 7& has ma9ta9$7 res]ves :i* satisfies all ! /atutory requirem5ts ( all ,/ates :]e ! insur] does bus9ess2 & 7,,iv7 is n op]at+ "u an ord] ( sup]vision1 rehabilitation1 or liquidation2 7iii7 ! insur] und]goes1 at lea/ e #e ye>s1 a f9ancial exam9ation 7)9 ! mean+ ( ! law ( its domicili>y ,/ate7 by ! insurance commission] ( ! domicili>y ,/ate 7or repres5tative1 designee1 or o!r p>ty approv$ by su* commission]72 & 7iv7 ! insur] w notify ! fiduci>y ( any *ange 9 circum/ances occurr+ aft] ! provision ( ! repres5tations 9 clauses 7i71 7ii71 & 7iii7 :i* w\ld preclude ! insur] f mak+ su* repres5tations at ! "t ( issuance ( ! gu>ante$ retirem5t income contract2 & 7,b7 aft] receiv+ su* repres5tations & z ( ! "t ( selection1 ! fiduci>y has n receiv$ any notice describ$ 9 subp>agraph 7,a77iv7 & is 9 possession ( no o!r in=mation :i* w\ld cause ! fiduci>y to "q ! repres5tations provid$4 7#c7 ,no requirem5t to select l[e/ co/ ,no?+ 9 ?is subsection %all be con/ru$ to require a fiduci>y to select ! l[e/ co/ contract4 ,a fiduci>y may consid] ! value ( a contract1 includ+ features & b5efits ( ! contract & attributes ( ! insur] 7includ+1 )\t limitation1 ! insur]'s f9ancial /r5g?7 9 conjunction ) ! co/ ( ! contract4 7#d7 ,"t ( selection 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 ! "t ( selection is-- 7i7 ! "t t ! insur] & ! contract are select$ = di/ribution ( b5efits to a specific p>ticipant or b5efici>y2 or 7ii7 if ! fiduci>y p]iodically reviews ! cont9u+ appropriat5ess ( ! conclusion describ$ 9 p>agraph 7#a77;,c7 ) respect to a select$ insur]1 tak+ into acc\nt ! consid]ations describ$ 9 su* p>agraph1 ! "t t ! insur] & ! contract are select$ to provide b5efits at future dates to p>ticipants or b5efici>ies "u ! plan4 ,no?+ 9 ! prec$+ s5t5ce %all be con/ru$ to require ! fiduci>y to review ! appropriat5ess ( a selection aft] ! pur*ase ( a contract = a p>ticipant or b5efici>y4 7,b7 ,p]iodic review ,a fiduci>y w be deem$ to h conduct$ ! p]iodic review describ$ 9 subp>agraph 7,a77ii7 if ! fiduci>y obta9s ! writt5 repres5tations describ$ 9 clauses 7i71 7ii71 & 7iii7 ( p>agraph 7#b77;,a7 f ! insur] on an annual basis1 unless ! fiduci>y receives any notice describ$ 9 p>agraph 7#b77;,a77iv7 or o!rwise becomes aw>e ( facts t w\ld cause ! fiduci>y to "q su* repres5tations4 7#e7 ,limit$ liability ,a fiduci>y :i* satisfies ! requirem5ts ( ?is subsection %all n be liable foll[+ ! di/ribution ( any b5efit1 or ! inve/m5t by or on behalf ( a p>ticipant or b5efici>y pursuant to ! select$ gu>ante$ retirem5t income contract1 = any losses t may result to ! p>ticipant or b5efici>y due to an insur]'s inability to satisfy its f9ancial obligations "u ! t]ms ( su* contract4 7#f7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,insur] ,! t]m insur] means an insurance company1 insurance s]vice1 or insurance organization1 includ+ affiliates ( su* companies4 7,b7 ,gu>ante$ retirem5t income contract ,! t]m gu>ante$ retirem5t income contract means an annuity contract = a fix$ t]m or a contract 7or provision or feature !re(7 :i* provides gu>ante$ b5efits annually 7or m frequ5tly7 = at lea/ ! rema9d] ( ! life ( ! p>ticipant or ! jo9t lives ( ! p>ticipant & ! p>ticipant's designat$ b5efici>y z "p ( an individual acc\nt plan4 4 #bbd4 ,disclosure reg>d+ lifetime income 7a7 ,9 g5]al ,subp>agraph 7,b7 ( section #aje7;a77#b7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajbe7;a77#b77 is am5d$-- 7#a7 9 clause 7i71 by /rik+ & at ! end2 7#b7 9 clause 7ii71 by /rik+ div]sification4 & ins]t+ div]sification1 &2 & 7#c7 by ins]t+ at ! end ! foll[+3 7iii7 ! lifetime income disclosure describ$ 9 subp>agraph 7,d77i74 ,9 ! case ( p5sion b5efit /atem5ts describ$ 9 clause 7i7 ( p>agraph 7#a77;,a71 a lifetime income disclosure "u clause 7iii7 ( ?is subp>agraph %all be requir$ to be includ$ 9 only "o p5sion b5efit /atem5t dur+ any "o #ab-mon? p]iod4 4 7b7 ,lifetime income ,p>agraph 7#b7 ( section #aje7;a7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajbe7;a77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ,lifetime income disclosure 7i7 ,9 g5]al 7,i7 ,disclosure ,a lifetime income disclosure %all set =? ! lifetime income /ream equival5t ( ! total b5efits accru$ ) respect to ! p>ticipant or b5efici>y4 7,,ii7 ,lifetime income /ream equival5t ( ! total b5efits accru$ ,= purposes ( ?is subp>agraph1 ! t]m lifetime income /ream equival5t ( ! total b5efits accru$ means ! am\nt ( mon?ly paym5ts ! p>ticipant or b5efici>y w\ld receive if ! total accru$ b5efits ( su* p>ticipant or b5efici>y 7 us$ to provide lifetime income /reams describ$ 9 subclause 7,,iii71 bas$ on assumptions specifi$ 9 rules prescrib$ by ! ,secret>y4 7,,iii7 ,lifetime income /reams ,! lifetime income /reams describ$ 9 ?is subclause are a qualifi$ jo9t & survivor annuity 7z def9$ 9 section #bje7;d771 bas$ on assumptions specifi$ 9 rules prescrib$ by ! ,secret>y1 includ+ ! assumption t ! p>ticipant or b5efici>y has a sp\se ( equal age1 & a s+le life annuity4 ,su* lifetime income /reams may h a t]m c]ta9 or o!r features to ! ext5t p]mitt$ "u rules prescrib$ by ! ,secret>y4 7ii7 ,model disclosure ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ! ,retirem5t1 ,sav+s1 & ,o!r ,tax ,relief ,act ( #bjah1 ! ,secret>y %all issue a model lifetime income disclosure1 writt5 9 a mann] s z to be und]/ood by ! av]age plan p>ticipant1 :i*-- 7,i7 expla9s t ! lifetime income /ream equival5t is only provid$ z an illu/ration2 7,,ii7 expla9s t ! actual paym5ts "u ! lifetime income /ream describ$ 9 clause 7i77,,iii7 :i* may be pur*as$ ) ! total b5efits accru$ w dep5d on num]\s factors & may v>y sub/antially f ! lifetime income /ream equival5t 9 ! disclosures2 7,,iii7 expla9s ! assumptions ^u :i* ! lifetime income /ream equival5t 0 det]m9$2 & 7,,iv7 provides su* o!r simil> explanations z ! ,secret>y consid]s appropriate4 7iii7 ,assumptions & rules ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ! ,retirem5t1 ,sav+s1 & ,o!r ,tax ,relief ,act ( #bjah1 ! ,secret>y %all-- 7,i7 prescribe assumptions :i* adm9i/rators ( individual acc\nt plans may use 9 conv]t+ total accru$ b5efits into lifetime income /ream equival5ts = purposes ( ?is subp>agraph2 & 7,,ii7 issue int]im f9al rules "u clause 7i74 ,9 prescrib+ assumptions "u subclause 7,i71 ! ,secret>y may prescribe a s+le set ( specific assumptions 79 :i* case ! ,secret>y may issue tables or factors :i* facilitate su* conv]sions71 or ranges ( p]missible assumptions4 ,to ! ext5t t an accru$ b5efit is or may be inve/$ 9 a lifetime income /ream describ$ 9 clause 7i77,,iii71 ! assumptions prescrib$ "u subclause 7,i7 %all1 to ! ext5t appropriate1 p]mit adm9i/rators ( individual acc\nt plans to use ! am\nts payable "u su* lifetime income /ream z a lifetime income /ream equival5t4 7iv7 ,limitation on liability ,no plan fiduci>y1 plan sponsor1 or o!r p]son %all h any liability "u ?is title solely by reason ( ! provision ( lifetime income /ream equival5ts :i* are d]iv$ 9 accordance ) ! assumptions & rules describ$ 9 clause 7iii7 & :i* include ! explanations conta9$ 9 ! model lifetime income disclosure describ$ 9 clause 7ii74 ,?is clause %all apply )\t reg>d to :e!r ! provision ( su* lifetime income /ream equival5t is requir$ by subp>agraph 7,b77iii74 7v7 ,effective date ,! requirem5t 9 subp>agraph 7,b77iii7 %all apply to p5sion b5efit /atem5ts furni%$ m ?an #ab mon?s aft] ! late/ ( ! issuance by ! ,secret>y (-- 7,i7 int]im f9al rules "u clause 7i72 7,,ii7 ! model disclosure "u clause 7ii72 or 7,,iii7 ! assumptions "u clause 7iii74 4 #bbe4 ,modification ( ,,pbgc premiums = ,,csec plans 7a7 ,flat rate premium ,subp>agraph 7,a7 ( section #djjf7;a77#c7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #acjf7;a77#c77 is am5d$-- 7#a7 9 clause 7i71 by /rik+ plan1 & ins]t+ plan o!r ?an a ,,csec plan 7z def9$ 9 section #baj7;f77#a772 7#b7 9 clause 7v71 by /rik+ or at ! end2 7#c7 9 clause 7vi71 by /rik+ ! p]iod at ! end & ins]t+ 1 or2 & 7#d7 by add+ at ! end ! foll[+ new clause3 7vii7 9 ! case ( a ,,csec plan 7z def9$ 9 section #baj7;f77#a771 = plan ye>s beg9n+ aft] ,decemb] #ca1 #bjah1 = ea* individual :o is a p>ticipant 9 su* plan dur+ ! plan ye> an am\nt equal to ! sum (-- 7,i7 ! additional premium 7if any7 det]m9$ "u subp>agraph 7,e71 & 7,,ii7 #ai4 4 7b7 ,v>iable rate premium 7#a7 ,unfund$ ve/$ b5efits 7,a7 ,9 g5]al ,subp>agraph 7,e7 ( section #djjf7;a77#c7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #acjf7;a77#c77 is am5d$ by add+ at ! end ! foll[+ new clause3 7v7 ,= purposes ( clause 7ii71 9 ! case ( a ,,csec plan 7z def9$ 9 section #baj7;f77#a771 ! t]m unfund$ ve/$ b5efits means1 = plan ye>s beg9n+ aft] ,decemb] #ca1 #bjah1 ! excess 7if any7 (-- 7,i7 ! fund+ liability ( ! plan z det]m9$ "u section #cjf7;j77#e77;,c7 = ! plan ye> by only tak+ into acc\nt ve/$ b5efits1 ov] 7,,ii7 ! fair m>ket value ( plan assets = ! plan ye> :i* are held by ! plan on ! valuation date4 4 7,b7 ,con=m+ am5dm5t ,clause 7iii7 ( section #djjf7;a77#c77;,e7 ( su* ,act 7#bi ,u4,s4,c4 #acjf7;a77#c77;,e77 is am5d$ by /rik+ ,= purposes & ins]t+ ,except z provid$ 9 clause 7v71 = purposes4 7#b7 ,applicable doll> am\nt 7,a7 ,9 g5]al ,p>agraph 7#h7 ( section #djjf7;a7 ( su* ,act 7#bi ,u4,s4,c4 #acjf7;a77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,,csec plans ,9 ! case ( a ,,csec plan 7z def9$ 9 section #baj7;f77#a771 ! applicable doll> am\nt %all be #i4 4 7,b7 ,con=m+ am5dm5t ,subp>agraph 7,a7 ( section #djjf7;a77#h7 ( su* ,act 7#bi ,u4,s4,c4 #acjf7;a77#h77 is am5d$ by /rik+ 7,b7 & 7,c7 & ins]t+ 7,b71 7,c71 & 7,e74 ,c ,o!r ,sav+s ,provisions #bca4 ,expansion ( section #ebi plans 7a7 ,di/ributions = c]ta9 exp5ses associat$ ) regi/]$ appr5tice%ip programs ,section #ebi7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,treatm5t ( c]ta9 exp5ses associat$ ) regi/]$ appr5tice%ip programs ,any ref]5ce 9 ?is subsection to ! t]m qualifi$ high] education exp5se %all include a ref]5ce to exp5ses = fees1 books1 supplies1 & equipm5t requir$ = ! p>ticipation ( a designat$ b5efici>y 9 an appr5tice%ip program regi/]$ & c]tifi$ ) ! ,secret>y ( ,labor "u section #a ( ! ,national ,appr5tice%ip ,act 7#bi ,u4,s4,c4 #ej74 4 7b7 ,di/ributions = c]ta9 homes*ool+ exp5ses ,section #ebi7;c77#g7 ( su* ,code is am5d$ by /rik+ include a ref]5ce to & all t foll[s & ins]t+ include a ref]5ce to-- 7,a7 exp5ses = tuition 9 connection ) enrollm5t or att5dance ( a designat$ b5efici>y at an elem5t>y or second>y public1 private1 or religi\s s*ool1 & 7,b7 exp5ses1 ) respect to a designat$ b5efici>y1 =-- 7i7 curriculum & curricul> mat]ials1 7ii7 books or o!r in/ructional mat]ials1 7iii7 onl9e educational mat]ials1 7iv7 tuition = tutor+ or educational classes outside ( ! home 7b only if ! tutor or class in/ructor is n relat$ 7)9 ! mean+ ( section #aeb7;d77#b77 to ! /ud5t71 7v7 dual enrollm5t 9 an in/itution ( high] education1 & 7vi7 educational !rapies = /ud5ts ) disabilities1 9 connection ) a homes*ool 7:e!r treat$ z a homes*ool or a private s*ool = purposes ( applicable ,/ate law74 4 7c7 ,di/ributions = qualifi$ education loan repaym5ts 7#a7 ,9 g5]al ,section #ebi7;c7 ( su* ,code1 z am5d$ by subsection 7a71 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,treatm5t ( qualifi$ education loan repaym5ts 7,a7 ,9 g5]al ,any ref]5ce 9 ?is subsection to ! t]m qualifi$ high] education exp5se %all include a ref]5ce to am\nts paid z pr9cipal or int]e/ on any qualifi$ education loan 7z def9$ 9 section #bba7;d77 ( ! designat$ b5efici>y or a sibl+ ( ! designat$ b5efici>y4 7,b7 ,limitation ,! am\nt ( di/ributions treat$ z a qualifi$ high] education exp5se "u ?is p>agraph ) respect to ! loans ( any individual %all n exce$ #aj1jjj 7r$uc$ by ! am\nt ( di/ributions s treat$ = all prior taxable ye>s74 7,c7 ,special rules = sibl+s ( ! designat$ b5efici>y 7i7 ,sep>ate acc\nt+ ,= purposes ( subp>agraph 7,b7 & subsection 7d71 am\nts treat$ z a qualifi$ high] education exp5se ) respect to ! loans ( a sibl+ ( ! designat$ b5efici>y %all be tak5 into acc\nt ) respect to su* sibl+ & n ) respect to su* designat$ b5efici>y4 7ii7 ,sibl+ def9$ ,= purposes ( ?is p>agraph1 ! t]m sibl+ means an individual :o be>s a relation%ip to ! designat$ b5efici>y :i* is describ$ 9 section #aeb7;d77#b77;,b74 4 7#b7 ,coord9ation ) d$uction = /ud5t loan int]e/ ,section #bba7;e77#a7 ( su* ,code is am5d$ by add+ at ! end ! foll[+3 ,! d$uction o!rwise all[able "u subsection 7a7 7prior to ! application ( subsection 7b77 to ! taxpay] = any taxable ye> %all be r$uc$ 7b n bel[ z]o7 by s mu* ( ! di/ributions treat$ z a qualifi$ high] education exp5se "u section #ebi7;c77#i7 ) respect to loans ( ! taxpay] z w\ld be includible 9 gross income "u section #ebi7;c77#c77;,a7 = su* taxable ye> b = su* treatm5t44 7d7 ,di/ributions = c]ta9 elem5t>y & second>y s*ool exp5ses 9 addition to tuition ,section #ebi7;c77#g77;,a71 z am5d$ by subsection 7b71 is am5d$ to read z foll[s3 7,a7 exp5ses describ$ 9 section #ecj7;b77#c77;,a77i7 9 connection ) enrollm5t or att5dance ( a designat$ b5efici>y at an elem5t>y or second>y public1 private1 or religi\s s*ool1 & 4 7e7 ,unborn *ildr5 all[$ z acc\nt b5efici>ies ,section #ebi7;e7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#f7 ,treatm5t ( unborn *ildr5 7,a7 ,9 g5]al ,no?+ %all prev5t an unborn *ild f be+ treat$ z a designat$ b5efici>y or an individual "u ?is section4 7,b7 ,unborn *ild ,= purposes ( ?is p>agraph-- 7i7 ,9 g5]al ,! t]m unborn *ild means a *ild 9 ut]o4 7ii7 ,*ild 9 ut]o ,! t]m *ild 9 ut]o means a memb] ( ! species homo sapi5s1 at any /age ( developm5t1 :o is c>ri$ 9 ! womb4 4 7f7 ,effective dates 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is subsection1 ! am5dm5ts made by ?is section %all apply to di/ributions made aft] ,decemb] #ca1 #bjah4 7#b7 ,unborn *ildr5 all[$ z acc\nt b5efici>ies ,! am5dm5t made by subsection 7e7 %all apply to contributions made aft] ,decemb] #ca1 #bjah4 #bcb4 ,p5alty-free )drawals f retirem5t plans = individuals 9 case ( bir? ( *ild or adoption 7a7 ,9 g5]al ,section #gb7t77#b7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,h7 ,di/ributions f retirem5t plans 9 case ( bir? ( *ild or adoption 7i7 ,9 g5]al ,any qualifi$ bir? or adoption di/ribution4 7ii7 ,limitation ,! aggregate am\nt :i* may be treat$ z qualifi$ bir? or adoption di/ributions by any individual ) respect to any bir? or adoption %all n exce$ #g1ejj4 7iii7 ,qualifi$ bir? or adoption di/ribution ,= purposes ( ?is subp>agraph-- 7,i7 ,9 g5]al ,! t]m qualifi$ bir? or adoption di/ribution means any di/ribution f an applicable eligible retirem5t plan to an individual if made dur+ ! #a-ye> p]iod beg9n+ on ! date on :i* a *ild ( ! individual is born or on :i* ! legal adoption by ! individual ( an eligible *ild is f9aliz$4 7,,ii7 ,eligible *ild ,! t]m eligible *ild means any individual 7o!r ?an a *ild ( ! taxpay]'s sp\se7 :o has n atta9$ age #ah or is physically or m5tally incapable ( self-support4 7iv7 ,treatm5t ( plan di/ributions 7,i7 ,9 g5]al ,if a di/ribution to an individual w\ld 7)\t reg>d to clause 7ii77 be a qualifi$ bir? or adoption di/ribution1 a plan %all n be treat$ z fail+ to meet any requirem5t ( ?is title m]ely because ! plan treats ! di/ribution z a qualifi$ bir? or adoption 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 #g1ejj4 7,,ii7 ,controll$ gr\p ,= purposes ( subclause 7,i71 ! t]m controll$ gr\p means any gr\p treat$ z a s+le employ] "u subsection 7b71 7c71 7m71 or 7o7 ( section #dad4 7v7 ,am\nt di/ribut$ may be repaid 7,i7 ,9 g5]al ,any individual :o receives a qualifi$ bir? or adoption di/ribution may make "o or m contributions 9 an aggregate am\nt n to exce$ ! am\nt ( su* di/ribution to an applicable 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 z ! case may be4 7,,ii7 ,limitation on contributions to applicable eligible retirem5t plans o!r ?an ,i,r,as ,! aggregate am\nt ( contributions made by an individual "u subclause 7,i7 to any applicable eligible retirem5t plan :i* is n an individual retirem5t plan %all n exce$ ! aggregate am\nt ( qualifi$ bir? or adoption di/ributions :i* are made f su* plan to su* individual4 ,subclause 7,i7 %all n apply to contributions to any applicable eligible retirem5t plan :i* is n an individual retirem5t plan unless ! individual is eligible to make contributions 7o!r ?an ^? describ$ 9 subclause 7,i77 to su* applicable eligible retirem5t plan4 7,,iii7 ,treatm5t ( repaym5ts ( di/ributions f applicable eligible retirem5t plans o!r ?an ,i,r,as ,if a contribution is made "u subclause 7,i7 ) respect to a qualifi$ bir? or adoption di/ribution f an applicable eligible retirem5t plan o!r ?an an individual retirem5t plan1 !n ! taxpay] %all1 to ! ext5t ( ! am\nt ( ! contribution1 be treat$ z hav+ receiv$ su* di/ribution 9 an eligible rollov] di/ribution 7z def9$ 9 section #djb7;c77#d77 & z hav+ transf]r$ ! am\nt to ! applicable eligible retirem5t plan 9 a direct tru/ee to tru/ee transf] )9 #fj days ( ! di/ribution4 7,,iv7 ,treatm5t ( repaym5ts = di/ributions f ,i,r,as ,if a contribution is made "u subclause 7,i7 ) respect to a qualifi$ bir? or adoption di/ribution f an individual retirem5t plan1 !n1 to ! ext5t ( ! am\nt ( ! contribution1 su* di/ribution %all be treat$ z a di/ribution describ$ 9 section #djh7;d77#c7 & z hav+ be5 transf]r$ to ! applicable eligible retirem5t plan 9 a direct tru/ee to tru/ee transf] )9 #fj days ( ! di/ribution4 7vi7 ,def9ition & special rules ,= purposes ( ?is subp>agraph-- 7,i7 ,applicable eligible retirem5t plan ,! t]m applicable eligible retirem5t plan means an eligible retirem5t plan 7z def9$ 9 section #djb7;c77#h77;,b77 o!r ?an a def9$ b5efit plan4 7,,ii7 ,exemption ( di/ributions f tru/ee to tru/ee transf] & )hold+ rules ,= purposes ( sections #dja7;a77#ca71 #djb7;f71 & #cdje1 a qualifi$ bir? or adoption di/ribution %all n be treat$ z an eligible rollov] di/ribution4 7,,iii7 ,taxpay] mu/ include ,,t9 ,a di/ribution %all n be treat$ z a qualifi$ bir? or adoption di/ribution ) respect to any *ild or eligible *ild unless ! taxpay] includes ! "n1 age1 & ,,t9 ( su* *ild or eligible *ild on ! taxpay]'s return ( tax = ! taxable ye>4 7,,iv7 ,di/ributions treat$ z meet+ plan di/ribution requirem5ts ,any qualifi$ bir? or adoption di/ribution %all be treat$ z meet+ ! requirem5ts ( sections #dja7k77#b77;,b77i71 #djc7;b77#g77;,a77ii71 #djc7;b77#aa71 & #deg7;d77#a77;,a74 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to di/ributions made aft] ,decemb] #ca1 #bjah4 ,,iii ,repeal or delay ( c]ta9 heal?-relat$ taxes #cja4 ,ext5sion ( moratorium on m$ical device excise tax ,section #daia7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,decemb] #ca1 #bjai & ins]t+ ,decemb] #ca1 #bjbd 4 #cjb4 ,delay 9 implem5tation ( excise tax on high co/ employ]-sponsor$ heal? cov]age ,section #ijja7;c7 ( ! ,pati5t ,protection & ,af=dable ,c>e ,act is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjbb4 #cjc4 ,ext5sion ( susp5sion ( annual fee on heal? insurance provid]s ,section #ijaj7;j77#c7 ( ! ,pati5t ,protection & ,af=dable ,c>e ,act is am5d$ by /rik+ ,decemb] #ca1 #bjai & ins]t+ ,decemb] #ca1 #bjba4 #cjd4 ,repeal ( excise tax on indoor tann+ s]vices 7a7 ,9 g5]al ,subtitle ,d ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ *apt] #di & by /rik+ ! item relat+ to su* *apt] 9 ! table ( *apt]s ( su* subtitle4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to s]vices p]=m$ 9 cal5d> qu>t]s beg9n+ m ?an #cj days aft] ! date ( ! enactm5t ( ?is ,act4 ,,iv ,c]ta9 expir+ provisions #dja4 ,railroad track ma9t5ance cr$it made p]man5t 7a7 ,cr$it p]c5tage r$uc$ ,section #de;,g7a7 is am5d$ by /rik+ #ej p]c5t & ins]t+ #cj p]c5t4 7b7 ,made p]man5t ,section #de;,g is am5d$ by /rik+ subsection 7f74 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to exp5ditures paid or incurr$ dur+ taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjag4 #djb4 ,biodiesel & r5ewable diesel provisions ext5d$ & phas$ out 7a7 ,income tax cr$it 7#a7 ,9 g5]al ,section #dj;,a7g7 is am5d$ to read z foll[s3 7g7 ,phase out2 t]m9ation 7#a7 ,phase out ,9 ! case ( any sale or use aft] ,decemb] #ca1 #bjba1 subsections 7b77#a77;,a7 & 7b77#b77;,a7 %all be appli$ by sub/itut+ = #a4jj-- 7,a7 4#ge1 if su* sale or use is be=e ,janu>y #a1 #bjbc1 7,b7 4#ej1 if su* sale or use is aft] ,decemb] #ca1 #bjbb1 & be=e ,janu>y #a1 #bjbd1 & 7,c7 4#cc1 if su* sale or use is aft] ,decemb] #ca1 #bjbc1 & be=e ,janu>y #a1 #bjbe4 7#b7 ,t]m9ation ,?is section %all n apply to any sale or use aft] ,decemb] #ca1 #bjbd4 4 7#b7 ,effective date ,! am5dm5t made by ?is subsection %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjag4 7b7 ,excise tax inc5tives 7#a7 ,phase out ,section #fdbf7;c77#b7 is am5d$ to read z foll[s3 7#b7 ,applicable am\nt ,= purposes ( ?is subsection1 ! applicable am\nt is-- 7,a7 #a4jj 9 ! case ( any sale or use = any p]iod be=e ,janu>y #a1 #bjbb1 7,b7 4#ge 9 ! case ( any sale or use = any p]iod aft] ,decemb] #ca1 #bjba1 & be=e ,janu>y #a1 #bjbc1 7,c7 4#ej 9 ! case ( any sale or use = any p]iod aft] ,decemb] #ca1 #bjbb1 & be=e ,janu>y #a1 #bjbd1 & 7,d7 4#cc 9 ! case ( any sale or use = any p]iod aft] ,decemb] #ca1 #bjbc1 & be=e ,janu>y #a1 #bjbe4 4 7#b7 ,t]m9ation 7,a7 ,9 g5]al ,section #fdbf7;c77#f7 is am5d$ by /rik+ ,decemb] #ca1 #bjag & ins]t+ ,decemb] #ca1 #bjbd4 7,b7 ,paym5ts ,section #fdbg7;e77#f77;,b7 is am5d$ by /rik+ ,decemb] #ca1 #bjag & ins]t+ ,decemb] #ca1 #bjbd4 7#c7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjag4 7#d7 ,special rule = #bjah ,not)/&+ any o!r provision ( law1 9 ! case ( any biodiesel mixture cr$it prop]ly det]m9$ "u section #fdbf7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf = ! p]iod beg9n+ on ,janu>y #a1 #bjah1 & end+ on ,decemb] #ca1 #bjah1 su* cr$it %all be all[$1 & any refund or paym5t attributable to su* cr$it 7includ+ any paym5t "u section #fdbg7;e7 ( su* ,code7 %all be made1 only 9 su* mann] z ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all provide4 ,su* ,secret>y %all issue guidance )9 #cj days aft] ! date ( ! enactm5t ( ?is ,act provid+ = a "o-"t submission ( claims cov]+ p]iods describ$ 9 ! prec$+ s5t5ce4 ,su* guidance %all provide = a #ahj-;day p]iod = ! submission ( su* claims 79 su* mann] z prescrib$ by su* ,secret>y7 to beg9 n lat] ?an #cj days aft] su* guidance is issu$4 ,su* claims %all be paid by su* ,secret>y n lat] ?an #fj days aft] receipt4 ,if su* ,secret>y has n paid pursuant to a claim fil$ "u ?is subsection )9 #fj days aft] ! date ( ! fil+ ( su* claim1 ! claim %all be paid ) int]e/ f su* date det]m9$ by us+ ! ov]paym5t rate & me?od "u section #ffba ( su* ,code4 ,v ,o!r provisions #eja4 ,te*nical am5dm5ts relat+ to ,public ,law #aae-ig 7a7 ,am5dm5t relat+ to section #aajaa ,section #heb7;b7 is am5d$ by add+ at ! end ! foll[+3 7#aj7 ,treatm5t by %>ehold]s ( qualifi$ ,,reit divid5ds & qualifi$ publicly trad$ p>tn]%ip income 7,a7 ,9 g5]al ,a %>ehold] ( a regulat$ inve/m5t company %all take into acc\nt = purposes ( section #aii;,a7b77#a77;,b7-- 7i7 z a qualifi$ ,,reit divid5d ! am\nt :i* is report$ by ! company 79 writt5 /atem5ts furni%$ to its %>ehold]s7 z be+ attributable to qualifi$ ,,reit divid5ds receiv$ by ! company1 & 7ii7 z qualifi$ publicly trad$ p>tn]%ip income ! am\nt :i* is report$ by ! company 79 writt5 /atem5ts furni%$ to its %>ehold]s7 z be+ attributable to qualifi$ publicly trad$ p>tn]%ip income ( ! company4 7,b7 ,excess report$ am\nts ,rules simil> to ! rules ( clauses 7ii7 & 7iii7 ( p>agraph 7#e77;,a7 %all apply = purposes ( ?is p>agraph4 7,c7 ,negative qualifi$ publicly trad$ p>tn]%ip income requir$ to be tak5 into acc\nt ,if ! qualifi$ publicly trad$ p>tn]%ip income ( ! company is less ?an z]o1 su* income %all be report$ by ! company "u subp>agraph 7,a77ii74 7,d7 ,regulations ,! ,secret>y %all issue su* regulations or o!r guidance z may be necess>y or appropriate to c>ry out ! purposes ( ?is p>agraph4 4 7b7 ,am5dm5ts relat+ to section #acbjd 7#a7 ,section #afh7;e77#c77;,e7 is am5d$ by /rik+ & at ! end ( clause 7v71 by /rik+ ! p]iod at ! end ( clause 7vi7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new clause3 7vii7 any qualifi$ improvem5t prop]ty4 4 7#b7 ,! table conta9$ 9 subp>agraph 7,b7 ( section #afh7;g77#c7 is am5d$-- 7,a7 by /rik+ ! item relat+ to subp>agraph 7,d77v71 & 7,b7 by ins]t+ aft] ! item relat+ to subp>agraph 7,e77vi7 ! foll[+ new item3 7,e77vii7#bj 4 7c7 ,am5dm5t relat+ to section #accjb ,section #accjb7;e77#b7 ( ,public ,law #aae-ig is am5d$ by /rik+ end+ & ins]t+ beg9n+4 7d7 ,am5dm5t relat+ to section #accjg ,section #afb7q77#b7 is am5d$ by ins]t+ 9 ! case ( ! taxpay] = :om a d$uction is disall[$ by reason ( p>agraph 7#a71 be=e attorney's fees4 7e7 ,am5dm5t relat+ to section #adajc 7#a7 ,9 g5]al ,section #ife7;h7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#g7 ,in/allm5ts n to prev5t cr$it or refund ( ov]paym5ts or increase e/imat$ taxes ,if an election is made "u p>agraph 7#a7 to pay ! net tax liability "u ?is section 9 in/allm5ts-- 7,a7 no in/allm5t ( su* net tax liability %all-- 7i7 9 ! case ( a reque/ = cr$it or refund1 be tak5 into acc\nt z a liability = purposes ( det]m9+ :e!r an ov]paym5t exi/s = purposes ( section #fdjb be=e ! date on :i* su* in/allm5t is due1 or 7ii7 = purposes ( sections #fdbe1 #ffed1 & #ffee1 be treat$ z a tax impos$ by section #a1 section #aa1 or sub*apt] ,l ( *apt] #a1 & 7,b7 ! fir/ s5t5ce ( section #fdjc %all n apply ) respect to any su* in/allm5t4 4 7#b7 ,limitation on paym5t ( int]e/ ,9 ! case ( ! portion ( any ov]paym5t :i* exi/s by reason ( ! application ( section #ife7;h77#g7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by ?is subsection7-- 7,a7 if cr$it or refund ( su* portion is made on or be=e ! date :i* is #de days aft] ! date ( ! enactm5t ( ?is ,act1 no int]e/ %all be all[$ or paid "u section #ffaa ( su* ,code ) respect to su* portion1 & 7,b7 if cr$it or refund ( su* portion is made aft] ! date :i* is #de days aft] ! date ( ! enactm5t ( ?is ,act1 no int]e/ %all be all[$ or paid "u section #ffaa ( su* ,code ) respect to su* portion = any p]iod be=e ! date ( ! enactm5t ( ?is ,act4 7f7 ,am5dm5ts relat+ to section #adbac 7#a7 ,section #ieh7;b7 is am5d$-- 7,a7 by ins]t+ aft] p>agraph 7#c7 ! foll[+3 7#d7 ,subp>agraphs 7,a71 7,b71 & 7,c7 ( section #cah7;a77#c7 %all n be appli$ s z to consid] a ,unit$ ,/ates p]son z own+ /ock :i* is own$ by a p]son :o is n a ,unit$ ,/ates p]son4 1 & 7,b7 by /rik+ ,p>agraph 7#a7 9 ! la/ s5t5ce & ins]t+ ,p>agraphs 7#a7 & 7#d74 7#b7 ,subp>t ,f ( "p ,,iii ( sub*apt] ,n ( *apt] #a is am5d$ by ins]t+ aft] section #iea;,a ! foll[+ new section3 #iea;,b4 ,am\nts includ$ 9 gross income ( =eign controll$ ,unit$ ,/ates %>ehold]s 7a7 ,9 g5]al ,9 ! case ( any =eign controll$ ,unit$ ,/ates %>ehold] ( a =eign controll$ =eign corporation-- 7#a7 ?is subp>t 7o!r ?an sections #iea;,a1 #iea7;b71 #ieg1 & #ife7 %all be appli$ ) respect to su* %>ehold] 7sep>ately f1 & 9 addition to1 ! application ( ?is subp>t )\t reg>d to ?is section7-- 7,a7 by sub/itut+ =eign controll$ ,unit$ ,/ates %>ehold] = ,unit$ ,/ates %>ehold] ea* place x appe>s !re91 & 7,b7 by sub/itut+ =eign controll$ =eign corporation = controll$ =eign corporation ea* place x appe>s !re91 & 7#b7 sections #iea;,a & #ife %all be appli$ ) respect to su* %>ehold] -- 7,a7 by treat+ ea* ref]5ce to ,unit$ ,/ates %>ehold] 9 su* sections z includ+ a ref]5ce to su* %>ehold]1 & 7,b7 by treat+ ea* ref]5ce to controll$ =eign corporation 9 su* sections z includ+ a ref]5ce to su* =eign controll$ =eign corporation4 7b7 ,=eign controll$ ,unit$ ,/ates %>ehold] ,= purposes ( ?is section1 ! t]m =eign controll$ ,unit$ ,/ates %>ehold] means1 ) respect to any =eign corporation1 any ,unit$ ,/ates p]son :i* w\ld be a ,unit$ ,/ates %>ehold] ) respect to su* =eign corporation if-- 7#a7 section #iea7;b7 7 appli$ by sub/itut+ m ?an #ej p]c5t = #aj p]c5t or m1 & 7#b7 section #ieh7;b7 7 appli$ )\t reg>d to p>agraph 7#d7 !re(4 7c7 ,=eign controll$ =eign corporation ,= purposes ( ?is section1 ! t]m =eign controll$ =eign corporation means a =eign corporation1 o!r ?an a controll$ =eign corporation1 :i* w\ld be a controll$ =eign corporation if section #ieg7;a7 7 appli$-- 7#a7 by sub/itut+ =eign controll$ ,unit$ ,/ates %>ehold]s = ,unit$ ,/ates %>ehold]s1 & 7#b7 by sub/itut+ section #ieh7;b7 7o!r ?an p>agraph 7#d7 !re(7 = section #ieh7;b74 7d7 ,regulations ,! ,secret>y %all prescribe su* regulations or o!r guidance z may be necess>y or appropriate to c>ry out ! purposes ( ?is section1 includ+ regulations or o!r guidance-- 7#a7 to treat a =eign controll$ ,unit$ ,/ates %>ehold] or a =eign controll$ =eign corporation z a ,unit$ ,/ates %>ehold] or z a controll$ =eign corporation1 respectively1 = purposes ( provisions ( ?is title o!r ?an ?is subp>t1 & 7#b7 to prev5t ! avoidance ( ! purposes ( ?is section4 4 7#c7 ,! am5dm5ts made by p>agraphs 7#a7 & 7#b7 %all apply to-- 7,a7 ! la/ taxable ye> ( =eign corporations beg9n+ be=e ,janu>y #a1 #bjah1 & ea* subsequ5t taxable ye> ( su* =eign corporations1 & 7,b7 taxable ye>s ( ,unit$ ,/ates p]sons 9 :i* or ) :i* su* taxable ye>s ( =eign corporations end4 7g7 ,effective dates ,except z o!rwise provid$ 9 ?is section1 ! am5dm5ts made by ?is section %all take effect z if includ$ 9 ! provision ( ,public ,law #aae-ig to :i* !y relate4 #ejb4 ,cl>ification ( treatm5t ( vet]ans z specifi$ gr\p = purposes ( ! l[-income h\s+ tax cr$it ,= purposes ( section #db7;g77#i77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 vet]ans %all n fail to be treat$ z a specifi$ gr\p "u a ,f$]al program4 #ejc4 ,cl>ification ( g5]al public use requirem5t = qualifi$ resid5tial r5tal projects 7a7 ,9 g5]al ,section #adb7;d77#b7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,f7 ,cl>ification ( g5]al public use requirem5t ,rules simil> to ! rules ( section #db7;g77#i7 %all apply = purposes ( ?is subsection4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to bonds issu$ be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act4 #ejd4 ,floor plan f9anc+ applicable to c]ta9 trail]s & camp]s 7a7 ,9 g5]al ,section #afc7;j77#i77;,c7 is am5d$ by add+ at ! end ! foll[+ new flu% s5t5ce3 ,su* t]m %all include any trail] or camp] :i* is design$ to provide tempor>y liv+ qu>t]s = recreational1 camp+1 travel1 or seasonal use & is design$ to be t[$ by1 or affix$ to1 a motor vehicle4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjag4 #eje4 ,repeal ( increase 9 unrelat$ bus9ess taxable income by disall[$ fr+e 7a7 ,9 g5]al ,section #eab7;a7 is am5d$ by /rik+ p>agraph 7#g74 7b7 ,effective date ,! am5dm5t made by ?is section %all take effect z if includ$ 9 section #acgjc ( ,public ,law #aae-ig4 #ejf4 ,c]ta9 pur*ases ( employee-own$ /ock disreg>d$ = purposes ( f\ndation tax on excess bus9ess hold+s 7a7 ,9 g5]al ,section #didc7;c77#d77;,a7 is am5d$ by add+ at ! end ! foll[+ new clause3 7v7 ,c]ta9 pur*ases ( employee-own$ /ock disreg>d$ ,= purposes ( clause 7i71 subp>agraph 7,d71 & p>agraph 7#b71 any vot+ /ock :i*-- 7,i7 is n readily tradable on an e/abli%$ securities m>ket1 7,,ii7 is pur*as$ by ! bus9ess ent]prise on or aft] ,janu>y #a1 #bjje1 f a /ock bonus or pr(it %>+ plan describ$ 9 section #dja7;a7 9 :i* employees ( su* bus9ess ent]prise p>ticipate1 9 connection ) a di/ribution f su* plan1 & 7,,iii7 is held by ! bus9ess ent]prise z treasury /ock1 cancell$1 or retir$1 %all be treat$ z out/&+ vot+ /ock1 b only to ! ext5t s treat+ su* /ock w\ld n result 9 p]mitt$ hold+s exce$+ #di p]c5t 7det]m9$ )\t reg>d to ?is clause74 ,! prec$+ s5t5ce %all n apply ) respect to ! pur*ase ( /ock f a plan dur+ ! #aj-ye> p]iod beg9n+ on ! date ! plan is e/abli%$4 7b7 ,effective date 7#a7 ,9 g5]al ,! am5dm5ts made by ?is section %all apply to taxable ye>s end+ aft] ! date ( enactm5t ( ?is ,act & to pur*ases by a bus9ess ent]prise ( vot+ /ock 9 taxable ye>s beg9n+ be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act4 7#b7 ,special rule = gr&fa!r$ f\ndations 9 case ( decrease 9 own]%ip by reason ( pre-enactm5t pur*ases ,section #didc7;c77#d77;,a77ii7 ( ! ,int]nal ,rev5ue ,code ( #aihf %all n apply ) respect to any decrease 9 ! p]c5tage ( hold+s 9 a bus9ess ent]prise by reason ( section #didc7;c77#d77;,a77v7 ( su* ,code 7z add$ by ?is section74 #ejg4 ,all[+ #eja7;c77#c7 organization to make /atem5ts relat+ to political campaign 9 ord9>y c\rse ( c>ry+ out its tax exempt purpose 7a7 ,9 g5]al ,section #eja ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subsection3 7s7 ,special rule relat+ to political campaign /atem5ts ( organization describ$ 9 subsection 7c77#c7 7#a7 ,9 g5]al ,= purposes ( subsection 7c77#c7 & sections #agj7;c77#b71 #bjee1 #bajf1 #bebb1 & #diee1 an organization %all n fail to be treat$ z organiz$ & op]at$ exclusively = a purpose describ$ 9 subsection 7c77#c71 nor %all x be deem$ to h p>ticipat$ 91 or int]v5$ 9 any political campaign on behalf ( 7or 9 opposition to7 any c&idate = public (fice1 solely because ( ! cont5t ( any /atem5t :i*-- 7,a7 is made 9 ! ord9>y c\rse ( ! organization's regul> & cu/om>y activities 9 c>ry+ out its exempt purpose1 & 7,b7 results 9 ! organization incurr+ n m ?an de m9imis increm5tal exp5ses4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4 #ejh4 ,*>itable organizations p]mitt$ to make collegiate h\s+ & infra/ructure grants 7a7 ,9 g5]al ,section #eja1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new subsection3 7t7 ,treatm5t ( organizations mak+ collegiate h\s+ & infra/ructure improvem5t grants 7#a7 ,9 g5]al ,= purposes ( subsection 7c77#c7 & sections #agj7;c77#b77;,b71 #bjee7;a77#b71 & #bebb7;a77#b71 an organization %all n fail to be treat$ z organiz$ & op]at$ exclusively = *>itable or educational purposes solely because su* organization makes collegiate h\s+ & infra/ructure grants to an organization describ$ 9 subsection 7c77#g7 :i* applies ! grant to its collegiate h\s+ prop]ty4 7#b7 ,h\s+ & infra/ructure grants ,= purposes ( p>agraph 7#a71 collegiate h\s+ & infra/ructure grants are grants to provide1 improve1 op]ate1 or ma9ta9 collegiate h\s+ prop]ty t may involve m ?an incid5tal social1 recreational1 or private purposes1 s long z su* grants are = purposes t w\ld be p]missible = a dormitory or o!r resid5tial facility ( ! college or univ]sity ) :i* ! collegiate h\s+ prop]ty is associat$4 ,a grant %all n be treat$ z a collegiate h\s+ & infra/ructure grant = purposes ( p>agraph 7#a7 to ! ext5t t su* grant is us$ to provide physical fitness facilities4 7#c7 ,collegiate h\s+ prop]ty ,= purposes ( ?is subsection1 collegiate h\s+ prop]ty is prop]ty 9 :i*1 at ! "t ( a grant or foll[+ ! acquisition1 lease1 con/ruction1 or modification ( su* prop]ty us+ su* grant1 sub/antially all ( ! resid5ts are full-"t /ud5ts at ! college or univ]sity 9 ! community :]e su* prop]ty is locat$4 7#d7 ,grants to c]ta9 organizations hold+ title to prop]ty1 etc ,= purposes ( ?is subsection1 a collegiate h\s+ & infra/ructure grant to an organization describ$ 9 subsection 7c77#b7 or 7c77#g7 hold+ title to prop]ty exclusively = ! b5efit ( an organization describ$ 9 subsection 7c77#g7 %all be consid]$ a grant to ! organization describ$ 9 subsection 7c77#g7 = ^: b5efit su* prop]ty is held4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to grants made 9 taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4 #eji4 ,re/riction on regulation ( cont+5cy fees ) respect to tax returns1 etc ,! ,secret>y ( ! ,treasury may n regulate1 prohibit1 or re/rict ! use ( a cont+5t fee 9 connection ) tax returns1 claims = refund1 or docum5ts 9 connection ) tax returns or claims = refund prep>$ on behalf ( a taxpay]4 ,b ,taxpay] ,fir/ ,act ( #bjah #a4 ,%ort title2 etc 7a7 ,%ort title ,?is division may be cit$ z ! ,taxpay] ,fir/ ,act ( #bjah4 7b7 ,am5dm5t ( #aihf ,code ,except z o!rwise expressly provid$1 :5ev] 9 ?is division 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 division is z foll[s3 ,sec4 #a4 ,%ort title2 etc4 ,title ,i--,putt+ taxpay]s fir/ ,subtitle ,a--,indep5d5t appeals process ,sec4 #ajja4 ,e/abli%m5t ( ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals4 ,subtitle ,b--,improv$ ,s]vice ,sec4 #aaja4 ,compreh5sive cu/om] s]vice /rategy4 ,sec4 #aajb4 ,,irs ,free ,file ,program4 ,sec4 #aajc4 ,l[-income exception = paym5ts o!rwise requir$ 9 connection ) a submission ( an (f]-9-compromise4 ,subtitle ,c--,s5sible ,en=cem5t ,sec4 #abja4 ,int]nal ,rev5ue ,s]vice seizure requirem5ts ) respect to /ructur+ transactions4 ,sec4 #abjb4 ,exclusion ( int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction4 ,sec4 #abjc4 ,cl>ification ( equitable relief f jo9t liability4 ,sec4 #abjd4 ,modification ( proc$ures = issuance ( ?ird-p>ty summons4 ,sec4 #abje4 ,private debt collection & special compliance p]sonnel program4 ,sec4 #abjf4 ,re=m ( notice ( contact ( ?ird p>ties4 ,sec4 #abjg4 ,modification ( au?ority to issue designat$ summons4 ,sec4 #abjh4 ,limitation on access ( non-,int]nal ,rev5ue ,s]vice employees to returns & return in=mation4 ,subtitle ,d--,organizational mod]nization ,sec4 #acja4 ,(fice ( ! ,national ,taxpay] ,advocate4 ,sec4 #acjb4 ,mod]nization ( ,int]nal ,rev5ue ,s]vice organizational /ructure4 ,subtitle ,e--,o!r provisions ,sec4 #adja4 ,return prep>ation programs = applicable taxpay]s4 ,sec4 #adjb4 ,provision ( in=mation reg>d+ l[-income taxpay] cl9ics4 ,sec4 #adjc4 ,notice f ,,irs reg>d+ closure ( taxpay] assi/ance c5t]s4 ,sec4 #adjd4 ,rules = seizure & sale ( p]i%able goods re/rict$ to only p]i%able goods4 ,sec4 #adje4 ,:i/lebl[] re=ms4 ,sec4 #adjf4 ,cu/om] s]vice in=mation4 ,sec4 #adjg4 ,misdirect$ tax refund deposits4 ,title ,,ii--#ba/ ,c5tury ,,irs ,subtitle ,a--,cyb]security & id5tity protection ,sec4 #bjja4 ,public-private p>tn]%ip to address id5tity !ft refund fraud4 ,sec4 #bjjb4 ,recomm5dations ( ,electronic ,tax ,adm9i/ration ,advisory ,committee reg>d+ id5tity !ft refund fraud4 ,sec4 #bjjc4 ,in=mation %>+ & analysis c5t]4 ,sec4 #bjjd4 ,compliance by contractors ) confid5tiality safegu>ds4 ,sec4 #bjje4 ,report on electronic paym5ts4 ,sec4 #bjjf4 ,id5tity protection p]sonal id5tification numb]s4 ,sec4 #bjjg4 ,s+le po9t ( contact = tax-relat$ id5tity !ft victims4 ,sec4 #bjjh4 ,notification ( suspect$ id5tity !ft4 ,sec4 #bjji4 ,guidel9es = /ol5 id5tity refund fraud cases4 ,sec4 #bjaj4 ,increas$ p5alty = improp] disclosure or use ( in=mation by prep>]s ( returns4 ,subtitle ,b--,developm5t ( in=mation te*nology ,sec4 #baja4 ,managem5t ( ,int]nal ,rev5ue ,s]vice in=mation te*nology4 ,sec4 #bajb4 ,developm5t ( onl9e acc\nts & portals4 ,sec4 #bajc4 ,int]net plat=m = ,=m #ajii fil+s4 ,sec4 #bajd4 ,/reaml9$ critical pay au?ority = in=mation te*nology positions4 ,subtitle ,c--,mod]nization ( cons5t-bas$ income v]ification sy/em ,sec4 #bbja4 ,disclosure ( taxpay] in=mation = ?ird-p>ty income v]ification4 ,sec4 #bbjb4 ,limit r$isclosures & uses ( cons5t-bas$ disclosures ( tax return in=mation4 ,subtitle ,d--,exp&$ use ( electronic sy/ems ,sec4 #bcja4 ,electronic fil+ ( returns4 ,sec4 #bcjb4 ,uni=m /&>ds = ! use ( electronic signatures = disclosure au?orizations to1 & o!r au?orizations (1 practition]s4 ,sec4 #bcjc4 ,paym5t ( taxes by debit & cr$it c>ds4 ,sec4 #bcjd4 ,requirem5t t electronically prep>$ pap] returns include scannable code4 ,sec4 #bcje4 ,au!ntication ( us]s ( electronic s]vices acc\nts4 ,subtitle ,e--,o!r provisions ,sec4 #bdja4 ,repeal ( provision reg>d+ c]ta9 tax compliance proc$ures & reports4 ,sec4 #bdjb4 ,compreh5sive tra9+ /rategy4 ,title ,,iii--,miscellane\s provisions ,subtitle ,a--,re=m ( ,laws ,gov]n+ ,int]nal ,rev5ue ,s]vice ,employees ,sec4 #cjja4 ,electronic record ret5tion4 ,sec4 #cjjb4 ,prohibition on rehir+ any employee ( ! ,int]nal ,rev5ue ,s]vice :o 0 involunt>ily sep>at$ f s]vice = misconduct4 ,sec4 #cjjc4 ,notification ( unau?oriz$ inspection or disclosure ( returns & return in=mation4 ,subtitle ,b--,provisions relat+ to exempt organizations ,sec4 #caja4 ,m&atory e-fil+ by exempt organizations4 ,sec4 #cajb4 ,notice requir$ be=e revocation ( tax exempt /atus = failure to file return4 ,subtitle ,c--,tax ,c\rt ,sec4 #ccja4 ,disqualification ( judge or magi/rate judge ( ! ,tax ,c\rt4 ,sec4 #ccjb4 ,op9ions & judgm5ts4 ,sec4 #ccjc4 ,title ( special trial judge *ang$ to magi/rate judge ( ! ,tax ,c\rt4 ,sec4 #ccjd4 ,repeal ( deadwood relat$ to ,bo>d ( ,tax ,appeals4 ,i ,putt+ taxpay]s fir/ ,a ,indep5d5t appeals process #ajja4 ,e/abli%m5t ( ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals 7a7 ,9 g5]al ,section #ghjc is am5d$ by add+ at ! end ! foll[+ new subsection3 7e7 ,indep5d5t ,(fice ( ,appeals 7#a7 ,e/abli%m5t ,!re is e/abli%$ 9 ! ,int]nal ,rev5ue ,s]vice an (fice to be kn[n z ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals4 7#b7 ,*ief ( ,appeals 7,a7 ,9 g5]al ,! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals %all be "u ! sup]vision & direction ( an (ficial to be kn[n z ! ,*ief ( ,appeals4 ,! ,*ief ( ,appeals %all report directly to ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice & %all be entitl$ to comp5sation at ! same rate z ! highe/ rate ( basic pay e/abli%$ = ! ,s5ior ,executive ,s]vice "u section #echb ( title #e1 ,unit$ ,/ates ,code4 7,b7 ,appo9tm5t ,! ,*ief ( ,appeals %all be appo9t$ by ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice )\t reg>d to ! provisions ( title #e1 ,unit$ ,/ates ,code1 relat+ to appo9tm5ts 9 ! competitive s]vice or ! ,s5ior ,executive ,s]vice4 7,c7 ,qualifications ,an individual appo9t$ "u subp>agraph 7,b7 %all h exp]i5ce & exp]tise 9-- 7i7 adm9i/ration (1 & compliance )1 ,f$]al tax laws1 7ii7 a broad range ( compliance cases1 & 7iii7 managem5t ( l>ge s]vice organizations4 7#c7 ,purposes & duties ( ,(fice ,x %all be ! function ( ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals to resolve ,f$]al tax controv]sies )\t litigation on a basis :i*-- 7,a7 is fair & imp>tial to bo? ! ,gov]nm5t & ! taxpay]1 7,b7 promotes a consi/5t application & int]pretation (1 & volunt>y compliance )1 ! ,f$]al tax laws1 & 7,c7 enhances public confid5ce 9 ! integrity & effici5cy ( ! ,int]nal ,rev5ue ,s]vice4 7#d7 ,"r ( appeal ,! resolution process describ$ 9 p>agraph 7#c7 %all be g5]ally available to all taxpay]s4 7#e7 ,limitation on designation ( cases z n eligible = ref]ral to ,indep5d5t ,(fice ( ,appeals 7,a7 ,9 g5]al ,if any taxpay] :i* is 9 receipt ( a notice ( defici5cy au?oriz$ "u section #fbab reque/s ref]ral to ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals & su* reque/ is d5i$1 ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice %all provide su* taxpay] a writt5 notice :i*-- 7i7 provides a detail$ description ( ! facts involv$1 ! basis = ! decision to d5y ! reque/1 & a detail$ explanation ( h[ ! basis ( su* decision applies to su* facts1 & 7ii7 describes ! proc$ures prescrib$ "u subp>agraph 7,c7 = prote/+ ! decision to d5y ! reque/4 7,b7 ,report to ,congress ,! ,commission] ( ! ,int]nal ,rev5ue ,s]vice %all submit a writt5 report to ,congress on an annual basis :i* includes ! numb] ( reque/s describ$ 9 subp>agraph 7,a7 :i* 7 d5i$ & ! reasons 7describ$ by category7 t su* reque/s 7 d5i$4 7,c7 ,proc$ures = prote/+ d5ial ( reque/ ,! ,commission] ( ! ,int]nal ,rev5ue ,s]vice %all prescribe proc$ures = prote/+ to ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice a d5ial ( a reque/ describ$ 9 subp>agraph 7,a74 7,d7 ,n applicable to frivol\s positions ,?is p>agraph %all n apply to a reque/ = ref]ral to ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals :i* is d5i$ on ! basis t ! issue involv$ is a frivol\s position 7)9 ! mean+ ( section #fgjb7;c774 7#f7 ,/aff 7,a7 ,9 g5]al ,all p]sonnel 9 ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals %all report to ! ,*ief ( ,appeals4 7,b7 ,access to /aff ( ,(fice ( ! ,*ief ,c\nsel ,! ,*ief ( ,appeals %all h au?ority to obta9 legal assi/ance & advice f ! /aff ( ! ,(fice ( ! ,*ief ,c\nsel4 ,! ,*ief ,c\nsel %all ensure t su* assi/ance & advice is provid$ by /aff ( ! ,(fice ( ! ,*ief ,c\nsel :o 7 n involv$ 9 ! case ) respect to :i* su* assi/ance & advice is s\ght & :o are n involv$ 9 prep>+ su* case = litigation4 7#g7 ,access to case files 7,a7 ,9 g5]al ,9 any case 9 :i* a conf]5ce ) ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals has be5 s*$ul$ ^u reque/ ( a specifi$ taxpay]1 ! ,*ief ( ,appeals %all ensure t su* taxpay] is provid$ access to ! nonprivileg$ portions ( ! case file on record reg>d+ ! disput$ issues 7o!r ?an docum5ts provid$ by ! taxpay] to ! ,int]nal ,rev5ue ,s]vice7 n lat] ?an #aj days be=e ! date ( su* conf]5ce4 7,b7 ,taxpay] election to exp$ite conf]5ce ,if ! taxpay] s elects1 subp>agraph 7,a7 %all be appli$ by sub/itut+ ! date ( su* conf]5ce = #aj days be=e ! date ( su* conf]5ce4 7,c7 ,specifi$ taxpay] ,= purposes ( ?is p>agraph-- 7i7 ,9 g5]al ,! t]m specifi$ taxpay] means-- 7,i7 9 ! case ( any taxpay] :o is a natural p]son1 a taxpay] ^: adju/$ gross income does n exce$ #djj1jjj = ! taxable ye> to :i* ! dispute relates1 & 7,,ii7 9 ! case ( any o!r taxpay]1 a taxpay] ^: gross receipts d n exce$ #e1jjj1jjj = ! taxable ye> to :i* ! dispute relates4 7ii7 ,aggregation rule ,rules simil> to ! rules ( section #ddh7;c77#b7 %all apply = purposes ( clause 7i77,,ii74 4 7b7 ,con=m+ am5dm5ts 7#a7 ,! foll[+ provisions are ea* am5d$ by /rik+ ,int]nal ,rev5ue ,s]vice ,(fice ( ,appeals & ins]t+ ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals3 7,a7 ,section #fjae7;c77#d77;,b77ii77,i74 7,b7 ,section #fcbj7;b77#a74 7,c7 ,subsections 7b77#a7 & 7d77#c7 ( section #fccj4 7,d7 ,section #ffjc7;d77#c77;,b74 7,e7 ,section #ffba7;c77#b77;,a77i74 7,f7 ,section #gabb7;e77#b74 7,g7 ,subsections 7a71 7b77#a71 7b77#b71 & 7c77#a7 ( section #gabc4 7,h7 ,subsections 7c77#g77;,b77i71 & 7g77#b77;,a7 ( section #gdcj4 7,i7 ,section #gebb7;b77#c74 7,j7 ,section #gfab7;c77#b77;,a74 7#b7 ,section #gdcj7;c77#b7 is am5d$ by /rik+ ,int]nal ,rev5ue ,s]vice ,(fice ( ,appeals ea* place x appe>s & ins]t+ ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals4 7#c7 ,! head+ ( section #fccj7;d77#c7 is am5d$ by ins]t+ ,indep5d5t aft] ,,irs4 7c7 ,o!r ref]5ces ,any ref]5ce 9 any provision ( law1 or regulation or o!r guidance1 to ! ,int]nal ,rev5ue ,s]vice ,(fice ( ,appeals %all be treat$ z a ref]5ce to ! ,int]nal ,rev5ue ,s]vice ,indep5d5t ,(fice ( ,appeals4 7d7 ,sav+s provisions ,rules simil> to ! rules ( p>agraphs 7#b7 ?r\gh 7#f7 ( section #ajja7;b7 ( ! ,int]nal ,rev5ue ,s]vice ,re/ructur+ & ,re=m ,act ( #aiih %all apply = purposes ( ?is section 7& ! am5dm5ts made by ?is section74 7e7 ,effective date 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is subsection1 ! am5dm5ts made by ?is section %all take effect on ! date ( ! enactm5t ( ?is ,act4 7#b7 ,access to case files ,section #ghjc7;e77#g7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by subsection 7a71 %all apply to conf]5ces occurr+ aft] ! date :i* is #a ye> aft] ! date ( ! enactm5t ( ?is ,act4 ,b ,improv$ ,s]vice #aaja4 ,compreh5sive cu/om] s]vice /rategy 7a7 ,9 g5]al ,n lat] ?an ! date :i* is #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury %all submit to ,congress a writt5 compreh5sive cu/om] s]vice /rategy = ! ,int]nal ,rev5ue ,s]vice4 ,su* /rategy %all include-- 7#a7 a plan to provide assi/ance to taxpay]s t is secure1 design$ to meet reasonable taxpay] expectations1 & adopts appropriate be/ practices ( cu/om] s]vice provid$ 9 ! private sector1 includ+ onl9e s]vices1 telephone call back s]vices1 & tra9+ ( employees provid+ cu/om] s]vices1 7#b7 a ?or\gh assessm5t ( ! s]vices t ! ,int]nal ,rev5ue ,s]vice c co-locate ) o!r ,f$]al s]vices or (f] z self-s]vice options1 7#c7 proposals to improve ,int]nal ,rev5ue ,s]vice cu/om] s]vice 9 ! %ort t]m 7! curr5t & foll[+ fiscal ye>71 m$ium t]m 7approximately #c to #e fiscal ye>s71 & long t]m 7approximately #aj fiscal ye>s71 7#d7 a plan to update guidance & tra9+ mat]ials = cu/om] s]vice employees ( ! ,int]nal ,rev5ue ,s]vice1 includ+ ! ,int]nal ,rev5ue ,manual1 to reflect su* /rategy1 & 7#e7 id5tifi$ metrics & b5*m>ks = quantitatively measur+ ! progress ( ! ,int]nal ,rev5ue ,s]vice 9 implem5t+ su* /rategy4 7b7 ,updat$ guidance & tra9+ mat]ials ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all make available ! updat$ guidance & tra9+ mat]ials describ$ 9 subsection 7a77#d7 7includ+ ! ,int]nal ,rev5ue ,manual74 ,su* updat$ guidance & tra9+ mat]ials 7includ+ ! ,int]nal ,rev5ue ,manual7 %all be writt5 9 a mann] s z to be easily und]/ood by cu/om] s]vice employees ( ! ,int]nal ,rev5ue ,s]vice & %all provide cle> in/ructions4 #aajb4 ,,irs ,free ,file ,program 7a7 ,9 g5]al 7#a7 ,! ,secret>y ( ! ,treasury1 or ! ,secret>y's delegate1 %all cont9ue to op]ate ! ,,irs ,free ,file ,program z e/abli%$ by ! ,int]nal ,rev5ue ,s]vice & publi%$ 9 ! ,f$]al ,regi/] on ,novemb] #d1 #bjjb 7#fg ,f$4 ,reg4 #fgbdg71 includ+ any subsequ5t agreem5ts & gov]n+ rules e/abli%$ pursuant !reto4 7#b7 ,! ,,irs ,free ,file ,program %all cont9ue to provide free comm]cial-type onl9e individual income tax prep>ation & electronic fil+ s]vices to ! l[e/ #gj p]c5t ( taxpay]s by adju/$ gross income4 ,! numb] ( taxpay]s eligible to receive su* s]vices ea* ye> %all be calculat$ by ! ,int]nal ,rev5ue ,s]vice annually bas$ on prior ye> aggregate taxpay] adju/$ gross income data4 7#c7 ,9 addition to ! s]vices describ$ 9 p>agraph 7#b71 & 9 ! same mann]1 ! ,,irs ,free ,file ,program %all cont9ue to make available to all taxpay]s 7)\t reg>d to income7 a basic1 onl9e electronic fillable =ms utility4 7#d7 ,! ,,irs ,free ,file ,program %all cont9ue to "w coop]atively ) ! private sector to provide ! free individual income tax prep>ation & ! electronic fil+ s]vices describ$ 9 p>agraphs 7#b7 & 7#c74 7#e7 ,! ,,irs ,free ,file ,program %all "w coop]atively ) ,/ate gov]nm5t ag5cies to enhance & exp& ! use ( ! program to provide ne$$ b5efits to ! taxpay] :ile r$uc+ ! co/ ( process+ returns4 7b7 ,innovations ,! ,secret>y ( ! ,treasury1 or ! ,secret>y's delegate1 %all "w ) ! private sector ?r\gh ! ,,irs ,free ,file ,program to id5tify & implem5t1 consi/5t ) applicable law1 innovative new program features to improve & simplify ! taxpay]'s exp]i5ce ) complet+ & fil+ individual income tax returns ?r\gh volunt>y compliance4 #aajc4 ,l[-income exception = paym5ts o!rwise requir$ 9 connection ) a submission ( an (f]-9-compromise 7a7 ,9 g5]al ,section #gabb7;c7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#c7 ,exception = l[-income taxpay]s ,p>agraph 7#a71 & any us] fee o!rwise requir$ 9 connection ) ! submission ( an (f]-9-compromise1 %all n apply to any (f]-9-compromise ) respect to a taxpay] :o is an individual ) adju/$ gross income1 z det]m9$ = ! mo/ rec5t taxable ye> = :i* su* in=mation is available1 :i* does n exce$ #bej p]c5t ( ! applicable pov]ty level 7z det]m9$ by ! ,secret>y74 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to (f]s-9-compromise submitt$ aft] ! date ( ! enactm5t ( ?is ,act4 ,c ,s5sible ,en=cem5t #abja4 ,int]nal ,rev5ue ,s]vice seizure requirem5ts ) respect to /ructur+ transactions ,section #ecag7;c77#b7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by /rik+ ,any prop]ty & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,any prop]ty 2 & 7#b7 by add+ at ! end ! foll[+3 7,b7 ,int]nal ,rev5ue ,s]vice seizure requirem5ts ) respect to /ructur+ transactions 7i7 ,prop]ty d]iv$ f an illegal s\rce ,prop]ty may only be seiz$ by ! ,int]nal ,rev5ue ,s]vice pursuant to subp>agraph 7,a7 by reason ( a claim$ violation ( section #ecbd if ! prop]ty to be seiz$ 0 d]iv$ f an illegal s\rce or ! funds 7 /ructur$ = ! purpose ( conceal+ ! violation ( a crim9al law or regulation o!r ?an section #ecbd4 7ii7 ,notice ,n lat] ?an #cj days aft] prop]ty is seiz$ by ! ,int]nal ,rev5ue ,s]vice pursuant to subp>agraph 7,a71 ! ,int]nal ,rev5ue ,s]vice %all-- 7,i7 make a good fai? ef=t to f9d all p]sons ) an own]%ip int]e/ 9 su* prop]ty2 & 7,,ii7 provide ea* su* p]son s f\nd ) a notice ( ! seizure & ( ! p]son's rights "u clause 7iv74 7iii7 ,ext5sion ( notice "u c]ta9 circum/ances ,! ,int]nal ,rev5ue ,s]vice may apply to a c\rt ( compet5t jurisdiction = "o #cj-;day ext5sion ( ! notice requirem5t "u clause 7ii7 if ! ,int]nal ,rev5ue ,s]vice c e/abli% probable cause ( an imm95t ?reat to national security or p]sonal safety necessitat+ su* ext5sion4 7iv7 ,po/-seizure he>+ ,if a p]son ) an own]%ip int]e/ 9 prop]ty seiz$ pursuant to subp>agraph 7,a7 by ! ,int]nal ,rev5ue ,s]vice reque/s a he>+ by a c\rt ( compet5t jurisdiction )9 #cj days aft] ! date on :i* notice is provid$ "u subclause 7ii71 su* prop]ty %all be return$ unless ! c\rt holds an adv]s>ial he>+ & f9ds )9 #cj days ( su* reque/ 7or su* long] p]iod z ! c\rt may provide1 b only on reque/ ( an int]e/$ p>ty7 t !re is probable cause to believe t !re is a violation ( section #ecbd involv+ su* prop]ty & probable cause to believe t ! prop]ty to be seiz$ 0 d]iv$ f an illegal s\rce or ! funds 7 /ructur$ = ! purpose ( conceal+ ! violation ( a crim9al law or regulation o!r ?an section #ecbd4 4 #abjb4 ,exclusion ( int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction 7a7 ,9 g5]al ,"p ,,iii ( sub*apt] ,b ( *apt] #a is am5d$ by ins]t+ be=e section #adj ! foll[+ new section3 #aci;,h4 ,int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction ,gross income %all n include any int]e/ receiv$ f ! ,f$]al ,gov]nm5t 9 connection ) an action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice pursuant to section #ecag7;c77#b7 ( title #ca1 ,unit$ ,/ates ,code1 by reason ( a claim$ violation ( section #ecbd ( su* title4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = "p ,,iii ( sub*apt] ,b ( *apt] #a is am5d$ by ins]t+ be=e ! item relat+ to section #adj ! foll[+ new item3 ,sec4 #aci;,h4 ,int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to int]e/ receiv$ on or aft] ! date ( ! enactm5t ( ?is ,act4 #abjc4 ,cl>ification ( equitable relief f jo9t liability 7a7 ,9 g5]al ,section #fjae is am5d$-- 7#a7 9 subsection 7e71 by add+ at ! end ! foll[+ new p>agraph3 7#g7 ,/&>d & scope ( review ,any review ( a det]m9ation made "u ?is section %all be review$ de novo by ! ,tax ,c\rt & %all be bas$ ^u-- 7,a7 ! adm9i/rative record e/abli%$ at ! "t ( ! det]m9ation1 & 7,b7 any additional newly discov]$ or previ\sly unavailable evid5ce4 1 & 7#b7 by am5d+ subsection 7f7 to read z foll[s3 7f7 ,equitable relief 7#a7 ,9 g5]al ,"u proc$ures prescrib$ by ! ,secret>y1 if-- 7,a7 tak+ into acc\nt all ! facts & circum/ances1 x is inequitable to hold ! individual liable = any unpaid tax or any defici5cy 7or any portion ( ei!r71 & 7,b7 relief is n available to su* individual "u subsection 7b7 or 7c71 ! ,secret>y may relieve su* individual ( su* liability4 7#b7 ,limitation ,a reque/ = equitable relief "u ?is subsection may be made ) respect to any portion ( any liability t-- 7,a7 has n be5 paid1 provid$ t su* reque/ is made be=e ! expiration ( ! applicable p]iod ( limitation "u section #fejb1 or 7,b7 has be5 paid1 provid$ t su* reque/ is made dur+ ! p]iod 9 :i* ! individual c\ld submit a timely claim = refund or cr$it ( su* paym5t4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to petitions or reque/s fil$ or p5d+ on or aft] ! date ( ! enactm5t ( ?is ,act4 #abjd4 ,modification ( proc$ures = issuance ( ?ird-p>ty summons 7a7 ,9 g5]al ,section #gfji7;f7 is am5d$ by add+ at ! end ! foll[+ flu% s5t5ce3 ,! ,secret>y %all n issue any summons describ$ 9 ! prec$+ s5t5ce unless ! in=mation s\ght to be obta9$ is n>r[ly tailor$ to in=mation t p]ta9s to ! failure 7or pot5tial failure7 ( ! p]son or gr\p or class ( p]sons ref]r$ to 9 p>agraph 7#b7 to comply ) "o or m provisions ( ! int]nal rev5ue law :i* h be5 id5tifi$ = purposes ( su* p>agraph4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to summonses s]v$ aft] ! date ( ! enactm5t ( ?is ,act4 #abje4 ,private debt collection & special compliance p]sonnel program 7a7 ,c]ta9 tax receivables n eligible = collection "u tax collection contracts ,section #fcjf7;d77#c7 is am5d$ by /rik+ or at ! end ( subp>agraph 7,c7 & by ins]t+ aft] subp>agraph 7,d7 ! foll[+ new subp>agraphs3 7,e7 a taxpay] sub/antially all ( ^: income consi/s ( disability insurance b5efits "u section #bbc ( ! ,social ,security ,act or supplem5tal security income b5efits "u title ,,xvi ( ! ,social ,security ,act 7includ+ supplem5tal security income b5efits ( ! type describ$ 9 section #afaf ( su* ,act or section #bab ( ,public ,law #ic-ff71 or 7,f7 a taxpay] :o is an individual ) adju/$ gross income1 z det]m9$ = ! mo/ rec5t taxable ye> = :i* su* in=mation is available1 :i* does n exce$ #bjj p]c5t ( ! applicable pov]ty level 7z det]m9$ by ! ,secret>y74 4 7b7 ,det]m9ation ( inactive tax receivables eligible = collection "u tax collection contracts ,section #fcjf7;c77#b77;,a77ii7 is am5d$ by /rik+ m ?an #a_/c ( ! p]iod ( ! applicable /atute ( limitation has laps$ & ins]t+ m ?an #b ye>s has pass$ s9ce assessm5t4 7c7 ,maximum l5g? ( in/allm5t agreem5ts (f]$ "u tax collection contracts ,section #fcjf7;b77#a77;,b7 is am5d$ by /rik+ #e ye>s & ins]t+ #g ye>s4 7d7 ,cl>ification t special compliance p]sonnel program acc\nt may be us$ = program co/s 7#a7 ,9 g5]al ,section #fcjg7;b7 is am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ all t foll[s "u su* program & ins]t+ a p]iod1 & 7,b7 9 p>agraph 7#c71 by /rik+ all t foll[s out ( su* acc\nt & ins]t+ = o!r ?an program co/s4 7#b7 ,communications1 s(tw>e1 & te*nology co/s treat$ z program co/s ,section #fcjg7;d77#b77;,b7 is am5d$ by /rik+ telecommunications & ins]t+ communications1 s(tw>e1 te*nology4 7#c7 ,con=m+ am5dm5t ,section #fcjg7;d77#b7 is am5d$ by /rik+ & at ! end ( subp>agraph 7,a71 by /rik+ ! p]iod at ! end ( subp>agraph 7,b7 & ins]t+ 1 &1 & by ins]t+ aft] subp>agraph 7,b7 ! foll[+ new subp>agraph3 7,c7 reimbursem5t ( ! ,int]nal ,rev5ue ,s]vice or o!r gov]nm5t ag5cies = ! co/ ( adm9i/]+ ! qualifi$ tax collection program "u section #fcjf4 4 7e7 ,effective dates 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is subsection1 ! am5dm5ts made by ?is section %all apply to tax receivables id5tifi$ by ! ,secret>y 7or ! ,secret>y's delegate7 aft] ,decemb] #ca1 #bjai4 7#b7 ,maximum l5g? ( in/allm5t agreem5ts ,! am5dm5t made by subsection 7c7 %all apply to contracts ent]$ into aft] ! date ( ! enactm5t ( ?is ,act4 7#c7 ,use ( special compliance p]sonnel program acc\nt ,! am5dm5t made by subsection 7d7 %all apply to am\nts exp5d$ f ! special compliance p]sonnel program acc\nt aft] ! date ( ! enactm5t ( ?is ,act4 #abjf4 ,re=m ( notice ( contact ( ?ird p>ties 7a7 ,9 g5]al ,section #gfjb7;c77#a7 is am5d$ to read z foll[s3 7#a7 ,g5]al notice ,an (fic] or employee ( ! ,int]nal ,rev5ue ,s]vice may n contact any p]son o!r ?an ! taxpay] ) respect to ! det]m9ation or collection ( ! tax liability ( su* taxpay] unless su* contact occurs dur+ a p]iod 7n great] ?an #a ye>7 :i* is specifi$ 9 a notice :i*-- 7,a7 in=ms ! taxpay] t contacts ) p]sons o!r ?an ! taxpay] are int5d$ to be made dur+ su* p]iod1 & 7,b7 except z o!rwise provid$ by ! ,secret>y1 is provid$ to ! taxpay] n lat] ?an #de days be=e ! beg9n+ ( su* p]iod4 ,no?+ 9 ! prec$+ s5t5ce %all prev5t ! issuance ( notices to ! same taxpay] ) respect to ! same tax liability ) p]iods specifi$ !re9 t1 9 ! aggregate1 exce$ #a ye>4 ,a notice %all n be issu$ "u ?is p>agraph unless !re is an int5t at ! "t su* notice is issu$ to contact p]sons o!r ?an ! taxpay] dur+ ! p]iod specifi$ 9 su* notice4 ,! prec$+ s5t5ce %all n prev5t ! issuance ( a notice if ! requirem5t ( su* s5t5ce is met on ! basis ( ! assumption t ! in=mation s\ght to be obta9$ by su* contact w n be obta9$ by o!r means be=e su* contact4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to notices provid$1 & contacts ( p]sons made1 aft] ! date :i* is #de days aft] ! date ( ! enactm5t ( ?is ,act4 #abjg4 ,modification ( au?ority to issue designat$ summons 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #fejc7;j7 is am5d$ by /rik+ coord9at$ exam9ation program & ins]t+ coord9at$ indu/ry case program4 7b7 ,requirem5ts = summons ,clause 7i7 ( section #fejc7;j77#b77;,a7 is am5d$ to read z foll[s3 7i7 ! issuance ( su* summons is prec$$ by a review & writt5 approval ( su* issuance by ! ,commission] ( ! relevant op]at+ division ( ! ,int]nal ,rev5ue ,s]vice & ! ,*ief ,c\nsel :i*-- 7,i7 /ates facts cle>ly e/abli%+ t ! ,secret>y has made reasonable reque/s = ! in=mation t is ! subject ( ! summons1 & 7,,ii7 is atta*$ to su* summons1 4 7c7 ,e/abli%m5t t reasonable reque/s = in=mation 7 made ,subsection 7j7 ( section #fejc is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#d7 ,e/abli%m5t t reasonable reque/s = in=mation 7 made ,9 any c\rt proce$+ describ$ 9 p>agraph 7#c71 ! ,secret>y %all e/abli% t reasonable reque/s 7 made = ! in=mation t is ! subject ( ! summons4 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to summonses issu$ aft] ! date ( ! enactm5t ( ?is ,act4 #abjh4 ,limitation on access ( non-,int]nal ,rev5ue ,s]vice employees to returns & return in=mation 7a7 ,9 g5]al ,section #gfjb is am5d$ by add+ at ! end ! foll[+ new subsection3 7f7 ,limitation on access ( p]sons o!r ?an ,int]nal ,rev5ue ,s]vice (fic]s & employees ,! ,secret>y %all n1 "u ! au?ority ( section #fajc7n71 provide any books1 pap]s1 records1 or o!r data obta9$ pursuant to ?is section to any p]son au?oriz$ "u section #fajc7n71 except :5 su* p]son requires su* in=mation = ! sole purpose ( provid+ exp]t evaluation & assi/ance to ! ,int]nal ,rev5ue ,s]vice4 ,no p]son o!r ?an an (fic] or employee ( ! ,int]nal ,rev5ue ,s]vice or ! ,(fice ( ,*ief ,c\nsel may1 on behalf ( ! ,secret>y1 "q a witness "u oa? ^: te/imony 0 obta9$ pursuant to ?is section4 4 7b7 ,effective date ,! am5dm5t made by ?is section-- 7#a7 %all take effect on ! date ( ! enactm5t ( ?is ,act1 & 7#b7 %all n fail to apply to a contract 9 effect "u section #fajc7n7 ( ! ,int]nal ,rev5ue ,code ( #aihf m]ely because su* contract 0 9 effect be=e ! date ( ! enactm5t ( ?is ,act4 ,d ,organizational mod]nization #acja4 ,(fice ( ! ,national ,taxpay] ,advocate 7a7 ,taxpay] ,advocate ,directives 7#a7 ,9 g5]al ,section #ghjc7;c7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,taxpay] ,advocate ,directives ,9 ! case ( any ,taxpay] ,advocate ,directive issu$ by ! ,national ,taxpay] ,advocate pursuant to a delegation ( au?ority f ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice-- 7,a7 ! ,commission] or a ,deputy ,commission] %all modify1 resc9d1 or ensure compliance ) su* directive n lat] ?an #ij days aft] ! issuance ( su* directive1 & 7,b7 9 ! case ( any directive :i* is modifi$ or resc9d$ by a ,deputy ,commission]1 ! ,national ,taxpay] ,advocate may 7n lat] ?an #ij days aft] su* modification or rescission7 appeal to ! ,commission] & ! ,commission] %all 7n lat] ?an #ij days aft] su* appeal is made7 ensure compliance ) su* directive z issu$ by ! ,national ,taxpay] ,advocate or provide ! ,national ,taxpay] ,advocate ) a detail$ description ( ! reasons = any modification or rescission made or upheld by ! ,commission] pursuant to su* appeal4 4 7#b7 ,report to c]ta9 committees ( ,congress reg>d+ directives ,section #ghjc7;c77#b77;,b77ii7 is am5d$ by r$esignat+ subclauses 7,,viii7 ?r\gh 7,,xi7 z subclauses 7,,ix7 ?r\gh 7,,xii71 respectively1 & by ins]t+ aft] subclause 7,,vii7 ! foll[+ new subclause3 7,,viii7 id5tify any ,taxpay] ,advocate ,directive :i* 0 n honor$ by ! ,int]nal ,rev5ue ,s]vice 9 a timely mann]1 z specifi$ "u p>agraph 7#e72 4 7b7 ,national ,taxpay] ,advocate annual reports to ,congress 7#a7 ,inclusion ( mo/ s]i\s taxpay] problems ,section #ghjc7;c77#b77;,b77ii77,,iii7 is am5d$ by /rik+ at lea/ #bj ( ! & ins]t+ ! #aj4 7#b7 ,coord9ation ) ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration ,section #ghjc7;c77#b7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,coord9ation ) ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration ,be=e beg9n+ any rese>* or /udy1 ! ,national ,taxpay] ,advocate %all coord9ate ) ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration to ensure t ! ,national ,taxpay] ,advocate does n duplicate any action t ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration has already und]tak5 or has a plan to und]take4 4 7#c7 ,/ati/ical support 7,a7 ,9 g5]al ,section #fajh is am5d$ by add+ at ! end ! foll[+ new subsection3 7d7 ,/ati/ical support = ,national ,taxpay] ,advocate ,! ,secret>y %all1 ^u reque/ ( ! ,national ,taxpay] ,advocate1 provide ! ,national ,taxpay] ,advocate ) /ati/ical support 9 connection ) ! prep>ation by ! ,national ,taxpay] ,advocate ( ! annual report describ$ 9 section #ghjc7;c77#b77;,b77ii74 ,su* /ati/ical support %all include /ati/ical /udies1 compilations1 & ! review ( in=mation provid$ by ! ,national ,taxpay] ,advocate = /ati/ical validity & s\nd /ati/ical me?odology4 4 7,b7 ,disclosure ( review ,section #ghjc7;c77#b77;,b77ii71 z am5d$ by subsection 7a71 is am5d$ by r$esignat+ subclause 7,,xii7 z subclause 7,,xiii7 & by ins]t+ aft] subclause 7,,xi7 ! foll[+ new subclause3 7,,xii7 ) respect to any /ati/ical in=mation includ$ 9 su* report1 include a /atem5t ( :e!r su* /ati/ical in=mation 0 review$ or provid$ by ! ,secret>y "u section #fajh7;d7 &1 if s1 :e!r ! ,secret>y det]m9$ su* in=mation to be /ati/ically valid & bas$ on s\nd /ati/ical me?odology4 4 7,c7 ,con=m+ am5dm5t ,section #ghjc7;c77#b77;,b77iii7 is am5d$ by add+ at ! end ! foll[+3 ,! prec$+ s5t5ce %all n apply ) respect to /ati/ical in=mation provid$ to ! ,secret>y = review1 or receiv$ f ! ,secret>y1 "u section #fajh7;d744 7c7 ,sal>y ( ,national ,taxpay] ,advocate ,section #ghjc7;c77#a77;,b77i7 is am5d$ by /rik+ 1 or1 if ! ,secret>y ( ! ,treasury s det]m9es1 at a rate fix$ "u section #iejc ( su* title4 7d7 ,effective date 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is subsection1 ! am5dm5ts made by ?is section %all take effect on ! date ( ! enactm5t ( ?is ,act4 7#b7 ,sal>y ( ,national ,taxpay] ,advocate ,! am5dm5t made by subsection 7c7 %all apply to comp5sation paid to individuals appo9t$ z ! ,national ,taxpay] ,advocate aft] ! date ( ! enactm5t ( ?is ,act4 #acjb4 ,mod]nization ( ,int]nal ,rev5ue ,s]vice organizational /ructure 7a7 ,9 g5]al ,n lat] ?an ,septemb] #cj1 #bjbj1 ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice %all submit to ,congress a compreh5sive writt5 plan to r$esign ! organization ( ! ,int]nal ,rev5ue ,s]vice4 ,su* plan %all-- 7#a7 ensure ! successful implem5tation ( ! priorities specifi$ by ,congress 9 ?is ,act1 7#b7 prioritize taxpay] s]vices to ensure t all taxpay]s easily & readily receive ! assi/ance t !y ne$1 7#c7 /reaml9e ! /ructure ( ! ag5cy includ+ m9imiz+ ! duplication ( s]vices & responsibilities )9 ! ag5cy1 7#d7 be/ position ! ,int]nal ,rev5ue ,s]vice to combat cyb]security & o!r ?reats to ! ,int]nal ,rev5ue ,s]vice1 & 7#e7 address :e!r ! ,crim9al ,inve/igation ,division ( ! ,int]nal ,rev5ue ,s]vice %\ld report directly to ! ,commission]4 7b7 ,repeal ( re/riction on organizational /ructure ( ,int]nal ,rev5ue ,s]vice ,p>agraph 7#c7 ( section #ajja7;a7 ( ! ,int]nal ,rev5ue ,s]vice ,re/ructur+ & ,re=m ,act ( #aiih %all cease to apply beg9n+ #a ye> aft] ! date on :i* ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice submits to ,congress ! plan describ$ 9 subsection 7a74 ,e ,o!r provisions #adja4 ,return prep>ation programs = applicable taxpay]s 7a7 ,9 g5]al ,*apt] #gg is am5d$ by ins]t+ aft] section #gebf ! foll[+ new section3 #gebf;,a4 ,return prep>ation programs = applicable taxpay]s 7a7 ,e/abli%m5t ( ,volunte] ,income ,tax ,assi/ance ,mat*+ ,grant ,program ,! ,secret>y %all e/abli% a ,community ,volunte] ,income ,tax ,assi/ance ,mat*+ ,grant ,program "u :i* ! ,secret>y may1 subject to ! availability ( appropriat$ funds1 make grants to provide mat*+ funds = ! developm5t1 expansion1 or cont9uation ( qualifi$ return prep>ation programs assi/+ applicable taxpay]s & memb]s ( und]s]v$ populations4 7b7 ,use ( funds 7#a7 ,9 g5]al ,qualifi$ return prep>ation programs may use grants receiv$ "u ?is section =-- 7,a7 ord9>y & necess>y co/s associat$ ) program op]ation 9 accordance ) co/ pr9ciples "u ! applicable ,(fice ( ,managem5t & ,budget circul>1 includ+-- 7i7 wages or sal>ies ( p]sons coord9at+ ! activities ( ! program1 7ii7 develop+ tra9+ mat]ials1 conduct+ tra9+1 & p]=m+ quality reviews ( ! returns prep>$ "u ! program1 7iii7 equipm5t pur*ases1 & 7iv7 vehicle-relat$ exp5ses associat$ ) remote or rural tax prep>ation s]vices1 7,b7 outrea* & educational activities describ$ 9 subsection 7c77#b77;,b71 & 7,c7 s]vices relat$ to f9ancial education & capability1 asset developm5t1 & ! e/abli%m5t ( sav+s acc\nts 9 connection ) tax return prep>ation4 7#b7 ,requirem5t ( mat*+ funds ,a qualifi$ return prep>ation program mu/ provide mat*+ funds on a doll>-=-doll> basis = all grants provid$ "u ?is section4 ,mat*+ funds may include-- 7,a7 ! sal>y 7includ+ fr+e b5efits7 ( individuals p]=m+ s]vices = ! program1 7,b7 ! co/ ( equipm5t us$ 9 ! program1 & 7,c7 o!r ord9>y & necess>y co/s associat$ ) ! program4 ,indirect exp5ses1 includ+ g5]al ov]head ( any entity adm9i/]+ ! program1 %all n be c\nt$ z mat*+ funds4 7c7 ,application 7#a7 ,9 g5]al ,ea* applicant = a grant "u ?is section %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may reasonably require4 7#b7 ,priority ,9 aw>d+ grants "u ?is section1 ! ,secret>y %all give priority to applications :i* demon/rate-- 7,a7 assi/ance to applicable taxpay]s1 ) emphasis on outrea* to1 & s]vices =1 su* taxpay]s1 7,b7 taxpay] outrea* & educational activities relat+ to eligibility & availability ( income supports available ?r\gh ?is title1 includ+ ! e>n$ income tax cr$it1 & 7,c7 specific outrea* & focus on "o or m und]s]v$ populations4 7#c7 ,am\nts tak5 into acc\nt ,9 det]m9+ mat*+ grants "u ?is section1 ! ,secret>y %all only take into acc\nt am\nts provid$ by ! qualifi$ return prep>ation program = exp5ses describ$ 9 subsection 7b74 7d7 ,program adh]5ce 7#a7 ,9 g5]al ,! ,secret>y %all e/abli% proc$ures =1 & %all conduct n less frequ5tly ?an once e #e cal5d> ye>s dur+ :i* a qualifi$ return prep>ation program is op]at+ "u a grant "u ?is section1 p]iodic site visits-- 7,a7 to ensure ! program is c>ry+ out ! purposes ( ?is section1 & 7,b7 to det]m9e :e!r ! program meets su* program adh]5ce /&>ds z ! ,secret>y %all by regulation or o!r guidance prescribe4 7#b7 ,additional requirem5ts = grant recipi5ts n meet+ program adh]5ce /&>ds ,9 ! case ( any qualifi$ return prep>ation program :i*-- 7,a7 is aw>d$ a grant "u ?is section1 & 7,b7 is subsequ5tly det]m9$-- 7i7 n to meet ! program adh]5ce /&>ds describ$ 9 p>agraph 7#a77;,b71 or 7ii7 n to be o!rwise c>ry+ out ! purposes ( ?is section1 su* program %all n be eligible = any additional grants "u ?is section unless su* program provides suffici5t docum5tation ( corrective measures e/abli%$ to address any su* defici5cies det]m9$4 7e7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,qualifi$ return prep>ation program ,! t]m qualifi$ return prep>ation program means any program-- 7,a7 :i* provides assi/ance to individuals1 n less ?an #ij p]c5t ( :om are applicable taxpay]s1 9 prep>+ & fil+ ,f$]al income tax returns1 7,b7 :i* is adm9i/]$ by a qualifi$ entity1 7,c7 9 :i* all volunte]s :o assi/ 9 ! prep>ation ( ,f$]al income tax returns meet ! tra9+ requirem5ts prescrib$ by ! ,secret>y1 & 7,d7 :i* uses a quality review process :i* reviews #ajj p]c5t ( all returns4 7#b7 ,qualifi$ entity 7,a7 ,9 g5]al ,! t]m qualifi$ entity means any entity :i*-- 7i7 is an eligible organization1 7ii7 is 9 compliance ) ,f$]al tax fil+ & paym5t requirem5ts1 7iii7 is n deb>r$ or susp5d$ f ,f$]al contracts1 grants1 or coop]ative agreem5ts1 & 7iv7 agrees to provide docum5tation to sub/antiate any mat*+ funds provid$ pursuant to ! grant program "u ?is section4 7,b7 ,eligible organization ,! t]m eligible organization means-- 7i7 an in/itution ( high] education :i* is describ$ 9 section #ajb 7o!r ?an subsection 7a77#a77;,c7 !re(7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjb71 z 9 effect on ! date ( ! enactm5t ( ?is section1 & :i* has n be5 disqualifi$ f p>ticipat+ 9 a program "u title ,,iv ( su* ,act1 7ii7 an organization describ$ 9 section #eja7;c7 & exempt f tax "u section #eja7;a71 7iii7 a local gov]nm5t ag5cy1 includ+-- 7,i7 a c\nty or municipal gov]nm5t ag5cy1 & 7,,ii7 an ,indian tribe1 z def9$ 9 section #d7ac7 ( ! ,native ,am]ican ,h\s+ ,assi/ance & ,self-,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #dajc7ac771 includ+ any tribally designat$ h\s+ entity 7z def9$ 9 section #d7bb7 ( su* ,act 7#be ,u4,s4,c4 #dajc7bb7771 tribal subsidi>y1 subdivision1 or o!r :olly own$ tribal entity1 7iv7 a local1 ,/ate1 regional1 or national coalition 7) "o lead organization :i* meets ! eligibility requirem5ts ( clause 7i71 7ii71 or 7iii7 act+ z ! applicant organization71 or 7v7 9 ! case ( applicable taxpay]s & memb]s ( und]s]v$ populations ) respect to :i* no organizations describ$ 9 ! prec$+ clauses are available-- 7,i7 a ,/ate gov]nm5t ag5cy1 or 7,,ii7 an (fice provid+ ,coop]ative ,ext5sion s]vices 7z e/abli%$ at ! l&-grant colleges & univ]sities "u ! ,smi?-,lev] ,act ( ,may #h1 #aiad74 7#c7 ,applicable taxpay]s ,! t]m applicable taxpay] means a taxpay] ^: income = ! taxable ye> does n exce$ an am\nt equal to ! complet$ phase\t am\nt "u section #cb7;b7 = a m>ri$ c\ple fil+ a jo9t return ) ?ree or m qualify+ *ildr51 z det]m9$ 9 a rev5ue proc$ure or o!r publi%$ guidance4 7#d7 ,und]s]v$ population ,! t]m und]s]v$ population includes populations ( p]sons ) disabilities1 p]sons ) limit$ ,engli% pr(ici5cy1 ,native ,am]icans1 individuals liv+ 9 rural areas1 memb]s ( ! ,arm$ ,=ces & _! sp\ses1 & ! eld]ly4 7f7 ,special rules & limitations 7#a7 ,duration ( grants ,^u application ( a qualifi$ return prep>ation program1 ! ,secret>y is au?oriz$ to aw>d a multi-ye> grant n to exce$ #c ye>s4 7#b7 ,aggregate limitation ,unless o!rwise provid$ by specific appropriation1 ! ,secret>y %all n allocate m ?an #cj1jjj1jjj p] fiscal ye> 7exclusive ( co/s ( adm9i/]+ ! program7 to grants "u ?is section4 7g7 ,promotion ( programs 7#a7 ,9 g5]al ,! ,secret>y %all promote tax prep>ation ?r\gh qualifi$ return prep>ation programs ?r\gh ! use ( mass communications & o!r means4 7#b7 ,provision ( in=mation reg>d+ qualifi$ return prep>ation programs ,! ,secret>y may provide taxpay]s in=mation reg>d+ qualifi$ return prep>ation programs receiv+ grants "u ?is section4 7#c7 ,,vita grantee ref]ral ,qualifi$ return prep>ation programs receiv+ a grant "u ?is section are enc\rag$1 9 appropriate cases1 to-- 7,a7 advise taxpay]s ( ! availability (1 & eligibility requirem5ts = receiv+1 advice & assi/ance f qualifi$ l[-income taxpay] cl9ics receiv+ fund+ "u section #gebf1 & 7,b7 provide in=mation reg>d+ ! location (1 & contact in=mation =1 su* cl9ics4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = *apt] #gg is am5d$ by ins]t+ aft] ! item relat+ to section #gebf ! foll[+ new item3 ,sec4 #gebf;,a4 ,return prep>ation programs = applicable taxpay]s4 4 #adjb4 ,provision ( in=mation reg>d+ l[-income taxpay] cl9ics 7a7 ,9 g5]al ,section #gebf7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#f7 ,provision ( in=mation reg>d+ qualifi$ l[-income taxpay] cl9ics ,not)/&+ any o!r provision ( law1 (fic]s & employees ( ! ,dep>tm5t ( ! ,treasury may-- 7,a7 advise taxpay]s ( ! availability (1 & eligibility requirem5ts = receiv+1 advice & assi/ance f "o or m specific qualifi$ l[-income taxpay] cl9ics receiv+ fund+ "u ?is section1 & 7,b7 provide in=mation reg>d+ ! location (1 & contact in=mation =1 su* cl9ics4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all take effect on ! date ( ! enactm5t ( ?is ,act4 #adjc4 ,notice f ,,irs reg>d+ closure ( taxpay] assi/ance c5t]s ,n lat] ?an #ij days be=e ! date t a propos$ closure ( a ,taxpay] ,assi/ance ,c5t] w\ld take effect1 ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all-- 7#a7 make publicly available 7includ+ by non-electronic means7 a notice :i*-- 7,a7 id5tifies ! ,taxpay] ,assi/ance ,c5t] propos$ = closure & ! date ( su* propos$ closure1 & 7,b7 id5tifies ! relevant alt]native s\rces ( taxpay] assi/ance :i* may be utiliz$ by taxpay]s affect$ by su* propos$ closure1 & 7#b7 submit to ,congress a writt5 report t includes-- 7,a7 ! in=mation includ$ 9 ! notice describ$ 9 p>agraph 7#a71 7,b7 ! reasons = su* propos$ closure1 & 7,c7 su* o!r in=mation z ! ,secret>y may det]m9e appropriate4 #adjd4 ,rules = seizure & sale ( p]i%able goods re/rict$ to only p]i%able goods 7a7 ,9 g5]al ,section #fccf ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ or become greatly r$uc$ 9 price or value by keep+1 or t su* prop]ty _c be kept )\t great exp5se4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to prop]ty seiz$ aft] ! date ( ! enactm5t ( ?is ,act4 #adje4 ,:i/lebl[] re=ms 7a7 ,modifications to disclosure rules = :i/lebl[]s 7#a7 ,9 g5]al ,section #fajc7k7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ac7 ,disclosure to :i/lebl[]s 7,a7 ,9 g5]al ,! ,secret>y may disclose1 to any individual provid+ in=mation relat+ to any purpose describ$ 9 p>agraph 7#a7 or 7#b7 ( section #gfbc7;a71 return in=mation relat$ to ! inve/igation ( any taxpay] ) respect to :om ! individual has provid$ su* in=mation1 b only to ! ext5t t su* disclosure is necess>y 9 obta9+ in=mation1 :i* is n o!rwise reasonably available1 ) respect to ! correct det]m9ation ( tax liability = tax1 or ! am\nt to be collect$ ) respect to ! en=cem5t ( any o!r provision ( ?is title4 7,b7 ,updates on :i/lebl[] inve/igations ,! ,secret>y %all disclose to an individual provid+ in=mation relat+ to any purpose describ$ 9 p>agraph 7#a7 or 7#b7 ( section #gfbc7;a7 ! foll[+3 7i7 ,n lat] ?an #fj days aft] a case = :i* ! individual has provid$ in=mation has be5 ref]r$ = an audit or exam9ation1 a notice ) respect to su* ref]ral4 7ii7 ,n lat] ?an #fj days aft] a taxpay] ) respect to :om ! individual has provid$ in=mation has made a paym5t ( tax ) respect to tax liability to :i* su* in=mation relates1 a notice ) respect to su* paym5t4 7iii7 ,subject to su* requirem5ts & conditions z are prescrib$ by ! ,secret>y1 ^u a writt5 reque/ by su* individual-- 7,i7 in=mation on ! /atus & /age ( any inve/igation or action relat$ to su* in=mation1 & 7,,ii7 9 ! case ( a det]m9ation ( ! am\nt ( any aw>d "u section #gfbc7;b71 ! reasons = su* det]m9ation4 ,clause 7iii7 %all n apply to any in=mation if ! ,secret>y det]m9es t disclosure ( su* in=mation w\ld s]i\sly impair ,f$]al tax adm9i/ration4 ,in=mation describ$ 9 clauses 7i71 7ii71 & 7iii7 may be disclos$ to a designee ( ! individual provid+ su* in=mation 9 accordance ) guidance provid$ by ! ,secret>y4 4 7#b7 ,con=m+ am5dm5ts 7,a7 ,confid5tiality ( in=mation ,section #fajc7;a77#c7 is am5d$ by /rik+ subsection 7k77#aj7 & ins]t+ p>agraph 7#aj7 or 7#ac7 ( subsection 7k74 7,b7 ,p5alty = unau?oriz$ disclosure ,section #gbac7;a77#b7 is am5d$ by /rik+ 7k77#aj7 & ins]t+ 7k77#aj7 or 7#ac74 7,c7 ,coord9ation ) au?ority to disclose = inve/igative purposes ,section #fajc7k77#f7 is am5d$ by add+ at ! end ! foll[+ new s5t5ce3 ,?is p>agraph %all n apply to any disclosure to an individual provid+ in=mation relat+ to any purpose describ$ 9 p>agraph 7#a7 or 7#b7 ( section #gfbc7;a7 :i* is made "u p>agraph 7#ac77;,a744 7b7 ,protection aga9/ retaliation ,section #gfbc is am5d$ by add+ at ! end ! foll[+ new subsection3 7d7 ,civil action ,to protect aga9/ retaliation cases 7#a7 ,anti-retaliation :i/lebl[] protection = employees ,no employ]1 or any (fic]1 employee1 contractor1 subcontractor1 or ag5t ( su* employ]1 may dis*>ge1 demote1 susp5d1 ?reat51 h>ass1 or 9 any o!r mann] discrim9ate aga9/ an employee 9 ! t]ms & conditions ( employm5t 7includ+ ?r\gh an act 9 ! ord9>y c\rse ( su* employee's duties7 9 reprisal = any lawful act done by ! employee-- 7,a7 to provide in=mation1 cause in=mation to be provid$1 or o!rwise assi/ 9 an inve/igation reg>d+ und]paym5t ( tax or any conduct :i* ! employee reasonably believes con/itutes a violation ( ! int]nal rev5ue laws or any provision ( ,f$]al law relat+ to tax fraud1 :5 ! in=mation or assi/ance is provid$ to ! ,int]nal ,rev5ue ,s]vice1 ! ,secret>y ( ,treasury1 ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates1 ! ,dep>tm5t ( ,ju/ice1 ! ,unit$ ,/ates ,congress1 a p]son ) sup]visory au?ority ov] ! employee1 or any o!r p]son work+ = ! employ] :o has ! au?ority to inve/igate1 discov]1 or t]m9ate misconduct1 or 7,b7 to te/ify1 p>ticipate 91 or o!rwise assi/ 9 any adm9i/rative or judicial action tak5 by ! ,int]nal ,rev5ue ,s]vice relat+ to an alleg$ und]paym5t ( tax or any violation ( ! int]nal rev5ue laws or any provision ( ,f$]al law relat+ to tax fraud4 7#b7 ,en=cem5t action 7,a7 ,9 g5]al ,a p]son :o alleges dis*>ge or o!r reprisal by any p]son 9 violation ( p>agraph 7#a7 may seek relief "u p>agraph 7#c7 by-- 7i7 fil+ a compla9t ) ! ,secret>y ( ,labor1 or 7ii7 if ! ,secret>y ( ,labor has n issu$ a f9al decision )9 #ahj days ( ! fil+ ( ! compla9t & !re is no %[+ t su* delay is due to ! bad fai? ( ! claimant1 br++ an action at law or equity = de novo review 9 ! appropriate di/rict c\rt ( ! ,unit$ ,/ates1 :i* %all h jurisdiction ov] su* an action )\t reg>d to ! am\nt 9 controv]sy4 7,b7 ,proc$ure 7i7 ,9 g5]al ,an action "u subp>agraph 7,a77i7 %all be gov]n$ "u ! rules & proc$ures set =? 9 section #dbaba7;b7 ( title #di1 ,unit$ ,/ates ,code4 7ii7 ,exception ,notification made "u section #dbaba7;b77#a7 ( title #di1 ,unit$ ,/ates ,code1 %all be made to ! p]son nam$ 9 ! compla9t & to ! employ]4 7iii7 ,burd5s ( pro( ,an action br\ght "u subp>agraph 7,a77ii7 %all be gov]n$ by ! legal burd5s ( pro( set =? 9 section #dbaba7;b7 ( title #di1 ,unit$ ,/ates ,code1 except t 9 apply+ su* section-- 7,i7 behavior describ$ 9 p>agraph 7#a7 %all be sub/itut$ = behavior describ$ 9 p>agraphs 7#a7 ?r\gh 7#d7 ( subsection 7a7 ea* place x appe>s 9 p>agraph 7#b77;,b7 !re(1 & 7,,ii7 a violation ( p>agraph 7#a7 %all be sub/itut$ = a violation ( subsection 7a7 ea* place x appe>s4 7iv7 ,/atute ( limitations ,a compla9t "u subp>agraph 7,a77i7 %all be fil$ n lat] ?an #ahj days aft] ! date on :i* ! violation occurs4 7v7 ,jury trial ,a p>ty to an action br\ght "u subp>agraph 7,a77ii7 %all be entitl$ to trial by jury4 7#c7 ,rem$ies 7,a7 ,9 g5]al ,an employee prevail+ 9 any action "u p>agraph 7#b77;,a7 %all be entitl$ to all relief necess>y to make ! employee :ole4 7,b7 ,comp5satory damages ,relief = any action "u subp>agraph 7,a7 %all include-- 7i7 re9/atem5t ) ! same s5iority /atus t ! employee w\ld h _h1 b = ! reprisal1 7ii7 ! sum ( #bjj p]c5t ( ! am\nt ( back pay & #ajj p]c5t ( all lo/ b5efits1 ) int]e/1 & 7iii7 comp5sation = any special damages su/a9$ z a result ( ! reprisal1 includ+ litigation co/s1 exp]t witness fees1 & reasonable attorney fees4 7#d7 ,rights reta9$ by employee ,no?+ 9 ?is section %all be deem$ to dim9i% ! rights1 privileges1 or rem$ies ( any employee "u any ,f$]al or ,/ate law1 or "u any collective b>ga9+ agreem5t4 7#e7 ,non5=ceability ( c]ta9 provisions waiv+ rights & rem$ies or requir+ arbitration ( disputes 7,a7 ,waiv] ( rights & rem$ies ,! rights & rem$ies provid$ = 9 ?is subsection may n be waiv$ by any agreem5t1 policy =m1 or condition ( employm5t1 includ+ by a pr$ispute arbitration agreem5t4 7,b7 ,pr$ispute arbitration agreem5ts ,no pr$ispute arbitration agreem5t %all be valid or en=ceable1 if ! agreem5t requires arbitration ( a dispute aris+ "u ?is subsection4 4 7c7 ,effective date 7#a7 ,9 g5]al ,! am5dm5ts made by subsection 7a7 %all apply to disclosures made aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,civil protection ,! am5dm5t made by subsection 7b7 %all take effect on ! date ( ! enactm5t ( ?is ,act4 #adjf4 ,cu/om] s]vice in=mation ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all provide helpful in=mation to taxpay]s plac$ on hold dur+ a telephone call to any ,int]nal ,rev5ue ,s]vice help l9e1 includ+ ! foll[+3 7#a7 ,in=mation ab\t common tax scams4 7#b7 ,in=mation on :]e & h[ to report tax scams4 7#c7 ,additional advice on h[ taxpay]s c protect !mselves f id5tity !ft & tax scams4 #adjg4 ,misdirect$ tax refund deposits ,section #fdjb is am5d$ by add+ at ! end ! foll[+ new subsection3 7n7 ,misdirect$ direct deposit refund ,n lat] ?an ! date :i* is #f mon? aft] ! date ( ! enactm5t ( ! ,taxpay] ,fir/ ,act ( #bjah1 ! ,secret>y %all prescribe regulations to e/abli% proc$ures to all[ =-- 7#a7 taxpay]s to report in/ances 9 :i* a refund made by ! ,secret>y by electronic funds transf] 0 errone\sly deliv]$ to an acc\nt at a f9ancial in/itution = :i* ! taxpay] is n ! own]2 7#b7 coord9ation ) f9ancial in/itutions = ! purpose (-- 7,a7 id5tify+ errone\s paym5ts describ$ 9 p>agraph 7#a72 & 7,b7 recov]y ( ! errone\sly transf]r$ am\nts2 & 7#c7 ! refund to be deliv]$ to ! correct acc\nt ( ! taxpay]4 4 ,,ii #ba/ ,c5tury ,,irs ,a ,cyb]security & id5tity protection #bjja4 ,public-private p>tn]%ip to address id5tity !ft refund fraud ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all "w collaboratively ) ! public & private sectors to protect taxpay]s f id5tity !ft refund fraud4 #bjjb4 ,recomm5dations ( ,electronic ,tax ,adm9i/ration ,advisory ,committee reg>d+ id5tity !ft refund fraud ,! ,secret>y ( ! ,treasury %all ensure t ! advisory gr\p conv5$ by ! ,secret>y pursuant to section #bjja7;b77#b7 ( ! ,int]nal ,rev5ue ,s]vice ,re/ructur+ & ,re=m ,act ( #aiih 7commonly kn[n z ! ,electronic ,tax ,adm9i/ration ,advisory ,committee7 /udies 7includ+ by provid+ organiz$ public =ums7 & makes recomm5dations to ! ,secret>y reg>d+ me?ods to prev5t id5tity !ft & refund fraud4 #bjjc4 ,in=mation %>+ & analysis c5t] 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 may p>ticipate 9 an in=mation %>+ & analysis c5t] to c5tralize1 /&>dize1 & enhance data compilation & analysis to facilitate %>+ actionable data & in=mation ) respect to id5tity !ft tax refund fraud4 7b7 ,developm5t ( p]=mance metrics ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all develop metrics = measur+ ! success ( su* c5t] 9 detect+ & prev5t+ id5tity !ft tax refund fraud4 7c7 ,disclosure 7#a7 ,9 g5]al ,section #fajc7k71 z am5d$ by ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ad7 ,disclosure ( return in=mation = purposes ( cyb]security & ! prev5tion ( id5tity !ft tax refund fraud 7,a7 ,9 g5]al ,"u su* proc$ures & subject to su* conditions z ! ,secret>y may prescribe1 ! ,secret>y may disclose specifi$ return in=mation to specifi$ ,,isac p>ticipants to ! ext5t t ! ,secret>y det]m9es su* disclosure is 9 fur!rance ( effective ,f$]al tax adm9i/ration relat+ to ! detection or prev5tion ( id5tity !ft tax refund fraud1 validation ( taxpay] id5tity1 au!ntication ( taxpay] returns1 or detection or prev5tion ( cyb]security ?reats4 7,b7 ,specifi$ ,,isac p>ticipants ,= purposes ( ?is p>agraph-- 7i7 ,9 g5]al ,! t]m specifi$ ,,isac p>ticipant means-- 7,i7 any p]son designat$ by ! ,secret>y z hav+ prim>y responsibility = a function p]=m$ ) respect to ! in=mation %>+ & analysis c5t] describ$ 9 section #bjjc7;a7 ( ! ,taxpay] ,fir/ ,act ( #bjah1 & 7,,ii7 any p]son subject to ! requirem5ts ( section #gbaf & :i* is a p>ticipant 9 su* in=mation %>+ & analysis c5t]4 7ii7 ,in=mation %>+ agreem5t ,su* t]m %all n include any p]son unless su* p]son has ent]$ into a writt5 agreem5t ) ! ,secret>y sett+ =? ! t]ms & conditions = ! disclosure ( in=mation to su* p]son "u ?is p>agraph1 includ+ requirem5ts reg>d+ ! protection & safegu>d+ ( su* in=mation by su* p]son4 7,c7 ,specifi$ return in=mation ,= purposes ( ?is p>agraph1 ! t]m specifi$ return in=mation means-- 7i7 9 ! case ( a return :i* is 9 connection ) a case ( pot5tial id5tity !ft refund fraud-- 7,i7 9 ! case ( su* return fil$ electronically1 ! int]net protocol address1 device id5tification1 email doma9 "n1 spe$ ( completion1 me?od ( au!ntication1 refund me?od1 & su* o!r return in=mation relat$ to ! electronic fil+ *>act]i/ics ( su* return z ! ,secret>y may id5tify = purposes ( ?is subclause1 & 7,,ii7 9 ! case ( su* return prep>$ by a tax return prep>]1 id5tify+ in=mation ) respect to su* tax return prep>]1 includ+ ! prep>] taxpay] id5tification numb] & electronic fil] id5tification numb] ( su* prep>]1 7ii7 9 ! case ( a return :i* is 9 connection ) a case ( a id5tity !ft refund fraud :i* has be5 confirm$ by ! ,secret>y 7pursuant to su* proc$ures z ! ,secret>y may provide71 ! in=mation ref]r$ to 9 subclauses 7,i7 & 7,,ii7 ( clause 7i71 ! "n & taxpay] id5tification numb] ( ! taxpay] z x appe>s on ! return1 & any bank acc\nt & r\t+ in=mation provid$ = mak+ a refund 9 connection ) su* return1 & 7iii7 9 ! case ( any cyb]security ?reat to ! ,int]nal ,rev5ue ,s]vice1 in=mation simil> to ! in=mation describ$ 9 subclauses 7,i7 & 7,,ii7 ( clause 7i7 ) respect to su* ?reat4 7,d7 ,re/riction on use ( disclos$ in=mation 7i7 ,designat$ ?ird p>ties ,any return in=mation receiv$ by a p]son describ$ 9 subp>agraph 7,b77i77,i7 %all be us$ only = ! purposes ( & to ! ext5t necess>y 9-- 7,i7 p]=m+ ! function su* p]son is designat$ to p]=m "u su* subp>agraph1 7,,ii7 facilitat+ disclosures au?oriz$ "u subp>agraph 7,a7 to p]sons describ$ 9 subp>agraph 7,b77i77,,ii71 & 7,,iii7 facilitat+ disclosures au?oriz$ "u subsection 7d7 to p>ticipants 9 su* in=mation %>+ & analysis c5t]4 7ii7 ,return prep>]s ,any return in=mation receiv$ by a p]son describ$ 9 subp>agraph 7,b77i77,,ii7 %all be treat$ = purposes ( section #gbaf z in=mation furni%$ to su* p]son =1 or 9 connection )1 ! prep>ation ( a return ( ! tax impos$ "u *apt] #a4 7,e7 ,data protection & safegu>ds ,return in=mation disclos$ "u ?is p>agraph %all be subject to su* protections & safegu>ds z ! ,secret>y may require 9 regulations or o!r guidance or 9 ! writt5 agreem5t ref]r$ to 9 subp>agraph 7,b77ii74 ,su* writt5 agreem5t %all include a requirem5t t any unau?oriz$ access to in=mation disclos$ "u ?is p>agraph1 & any brea* ( any sy/em 9 :i* su* in=mation is held1 be report$ to ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration4 4 7#b7 ,application ( civil & crim9al p5alties 7,a7 ,section #fajc7;a77#c71 z am5d$ by ?is ,act1 is am5d$ by /rik+ or 7#ac7 & ins]t+ 7#ac71 or 7#ad74 7,b7 ,section #gbac7;a77#b71 z am5d$ by ?is ,act1 is am5d$ by /rik+ or 7#ac7 & ins]t+ 7#ac71 or 7#ad74 #bjjd4 ,compliance by contractors ) confid5tiality safegu>ds 7a7 ,9 ,g5]al ,section #fajc7p7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,disclosure to contractors & o!r ag5ts ,not)/&+ any o!r provision ( ?is section1 no return or return in=mation %all be disclos$ to any contractor or o!r ag5t ( a ,f$]al1 ,/ate1 or local ag5cy unless su* ag5cy1 to ! satisfaction ( ! ,secret>y-- 7,a7 has requirem5ts 9 effect :i* require ea* su* contractor or o!r ag5t :i* w\ld h access to returns or return in=mation to provide safegu>ds 7)9 ! mean+ ( p>agraph 7#d77 to protect ! confid5tiality ( su* returns or return in=mation1 7,b7 agrees to conduct an on-site review e #c ye>s 7or a mid-po9t review 9 ! case ( contracts or agreem5ts ( less ?an #c ye>s 9 duration7 ( ea* contractor or o!r ag5t to det]m9e compliance ) su* requirem5ts1 7,c7 submits ! f9d+s ( ! mo/ rec5t review conduct$ "u subp>agraph 7,b7 to ! ,secret>y z "p ( ! report requir$ by p>agraph 7#d77;,e71 & 7,d7 c]tifies to ! ,secret>y = ! mo/ rec5t annual p]iod t su* contractor or o!r ag5t is 9 compliance ) all su* requirem5ts4 ,! c]tification requir$ by subp>agraph 7,d7 %all include ! "n & address ( ea* contractor or o!r ag5t1 a description ( ! contract or agreem5t ) su* contractor or o!r ag5t1 & ! duration ( su* contract or agreem5t4 ,! requirem5ts ( ?is p>agraph %all n apply to disclosures pursuant to subsection 7n7 = purposes ( ,f$]al tax adm9i/ration4 4 7b7 ,con=m+ ,am5dm5t ,section #fajc7p77#h77;,b7 is am5d$ by ins]t+ or p>agraph 7#i7 aft] subp>agraph 7,a74 7c7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to disclosures made aft] ,decemb] #ca1 #bjbb4 #bjje4 ,report on electronic paym5ts ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate71 9 coord9ation ) ! ,bureau ( ,fiscal ,s]vice & ! ,int]nal ,rev5ue ,s]vice1 & 9 consultation ) private sector f9ancial in/itutions1 %all submit a writt5 report to ,congress describ+ h[ ! gov]nm5t c utilize new paym5t plat=ms to increase ! numb] ( tax refunds paid by electronic funds transf]4 ,su* report %all weigh ! int]e/s ( r$uc+ id5tity !ft tax refund fraud1 r$uc+ ! ,f$]al ,gov]nm5t's co/s 9 deliv]+ tax refunds1 ! co/s & any associat$ fees *>g$ to taxpay]s 7includ+ mon?ly & po9t-(-s]vice fees7 to access _! tax refunds1 ! impact on individuals :o d n h access to f9ancial acc\nts or in/itutions1 & ensur+ paym5ts are made to acc\nts at a f9ancial in/itution t complies ) section #ba ( ! ,f$]al ,deposit ,insurance ,act1 *apt] #b ( title ,i ( ,public ,law #ia-ejh1 & sub*apt] ,,ii ( *apt] #ec ( title #ca1 ,unit$ ,/ates ,code 7commonly ref]r$ to collectively z ! ,bank ,secrecy ,act7 & ! ,,usa ,,patriot ,act4 ,su* report %all include any legislative recomm5dations necess>y to accompli% ^! goals4 #bjjf4 ,id5tity protection p]sonal id5tification numb]s 7a7 ,9 ,g5]al ,subject to subsection 7b71 ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate 7h]eaft] ref]r$ to 9 ?is section z ! ,secret>y7 %all e/abli% a program to issue1 ^u ! reque/ ( any individual1 a numb] :i* may be us$ 9 connection ) su* individual's social security numb] 7or o!r id5tify+ in=mation ) respect to su* individual z det]m9$ by ! ,secret>y7 to assi/ ! ,secret>y 9 v]ify+ su* individual's id5tity4 7b7 ,requirem5ts 7#a7 ,annual expansion ,= ea* cal5d> ye> beg9n+ aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all provide numb]s ?r\gh ! program describ$ 9 subsection 7a7 to individuals resid+ 9 su* ,/ates z ! ,secret>y deems appropriate1 provid$ t ! total numb] ( ,/ates s]v$ by su* program dur+ su* ye> is great] ?an ! total numb] ( ,/ates s]v$ by su* program dur+ ! prec$+ ye>4 7#b7 ,nationwide availability ,n lat] ?an #e ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all ensure t ! program describ$ 9 subsection 7a7 is made available to any individual resid+ 9 ! ,unit$ ,/ates4 #bjjg4 ,s+le po9t ( contact = tax-relat$ id5tity !ft victims 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all e/abli% & implem5t proc$ures to ensure t any taxpay] ^: return has be5 delay$ or o!rwise adv]sely affect$ due to tax-relat$ id5tity !ft has a s+le po9t ( contact at ! ,int]nal ,rev5ue ,s]vice ?r\gh\t ! process+ ( ! taxpay]'s case4 ,! s+le po9t ( contact %all track ! taxpay]'s case to completion & coord9ate ) o!r ,int]nal ,rev5ue ,s]vice employees to resolve case issues z quickly z possible4 7b7 ,s+le po9t ( contact 7#a7 ,9 g5]al ,= purposes ( subsection 7a71 ! s+le po9t ( contact %all consi/ ( a team or subset ( specially tra9$ employees :o-- 7,a7 h ! ability to "w across functions to resolve ! issues involv$ 9 ! taxpay]'s case2 & 7,b7 %all be acc\ntable = h&l+ ! case until its resolution4 7#b7 ,team or subset ,! employees includ$ )9 ! team or subset describ$ 9 p>agraph 7#a7 may *ange z requir$ to meet ! ne$s ( ! ,int]nal ,rev5ue ,s]vice1 provid$ t proc$ures h be5 e/abli%$ to-- 7,a7 ensure cont9uity ( records & case hi/ory2 & 7,b7 notify ! taxpay] :5 appropriate4 #bjjh4 ,notification ( suspect$ id5tity !ft 7a7 ,9 g5]al ,*apt] #gg is am5d$ by add+ at ! end ! foll[+ new section3 #gebi4 ,notification ( suspect$ id5tity !ft 7a7 ,9 g5]al ,if ! ,secret>y det]m9es t !re has be5 or may h be5 an unau?oriz$ use ( ! id5tity ( any individual1 ! ,secret>y %all1 )\t jeop>diz+ an inve/igation relat+ to tax adm9i/ration-- 7#a7 z soon z practicable1 notify ! individual ( su* det]m9ation & provide-- 7,a7 in/ructions on h[ to file a report ) law en=cem5t reg>d+ ! unau?oriz$ use ( ! id5tity ( ! individual1 7,b7 ! id5tification ( any =ms necess>y = ! individual to complete & submit to law en=cem5t to p]mit access to p]sonal in=mation ( ! individual dur+ ! inve/igation1 7,c7 in=mation reg>d+ actions ! individual may take 9 ord] to protect ! individual f h>m relat+ to su* unau?oriz$ use1 & 7,d7 an (f] ( id5tity protection measures to be provid$ to ! individual by ! ,int]nal ,rev5ue ,s]vice1 su* z ! use ( an id5tity protection p]sonal id5tification numb]1 & 7#b7 at ! "t ! in=mation describ$ 9 p>agraph 7#a7 is provid$ 7or1 if n available at su* "t1 z soon z practicable !reaft]71 issue additional notifications to su* individual 7or su* individual's designee7 reg>d+-- 7,a7 :e!r an inve/igation has be5 initiat$ 9 reg>ds to su* unau?oriz$ use1 7,b7 :e!r ! inve/igation sub/antiat$ an unau?oriz$ use ( ! id5tity ( ! individual1 & 7,c7 :e!r-- 7i7 any action has be5 tak5 aga9/ a p]son relat+ to su* unau?oriz$ use1 or 7ii7 any ref]ral has be5 made = crim9al prosecution ( su* p]son &1 to ! ext5t su* in=mation is available1 :e!r su* p]son has be5 crim9ally *>g$ by indictm5t or in=mation4 7b7 ,employm5t-,relat$ id5tity !ft 7#a7 ,9 g5]al ,= purposes ( ?is section1 ! unau?oriz$ use ( ! id5tity ( an individual includes ! unau?oriz$ use ( ! id5tity ( ! individual to obta9 employm5t4 7#b7 ,det]m9ation ( employm5t-relat$ id5tity !ft ,= purposes ( ?is section1 9 mak+ a det]m9ation z to :e!r !re has be5 or may h be5 an unau?oriz$ use ( ! id5tity ( an individual to obta9 employm5t1 ! ,secret>y %all review any in=mation-- 7,a7 obta9$ f a /atem5t describ$ 9 section #fjea or an in=mation return relat+ to comp5sation = s]vices r5d]$ o!r ?an z an employee1 or 7,b7 provid$ to ! ,int]nal ,rev5ue ,s]vice by ! ,social ,security ,adm9i/ration reg>d+ any /atem5t describ$ 9 section #fjea1 :i* indicates t ! social security acc\nt numb] provid$ on su* /atem5t or in=mation return does n correspond ) ! "n provid$ on su* /atem5t or in=mation return or ! "n on ! tax return report+ ! income :i* is includ$ on su* /atem5t or in=mation return4 4 7b7 ,additional measures 7#a7 ,exam9ation ( bo? pap] & electronic /atem5ts & returns ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all exam9e ! /atem5ts1 in=mation returns1 & tax returns describ$ 9 section #gebi7;b77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by subsection 7a77 = any evid5ce ( employm5t-relat$ id5tity !ft1 reg>dless ( :e!r su* /atem5ts or returns are submitt$ electronically or on pap]4 7#b7 ,improvem5t ( effective return process+ program ) ,social ,security ,adm9i/ration ,section #bcb ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dcb7 is am5d$ by ins]t+ aft] ! ?ird s5t5ce ! foll[+3 ,= purposes ( c>ry+ out ! return process+ program describ$ 9 ! prec$+ s5t5ce1 ! ,commission] ( ,social ,security %all reque/1 n less ?an annually1 su* in=mation describ$ 9 section #gebi7;b77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf z may be necess>y to ensure ! accuracy ( ! records ma9ta9$ by ! ,commission] ( ,social ,security relat$ to ! am\nts ( wages paid to1 & ! am\nts ( self-employm5t income d]iv$ by1 individuals44 7#c7 ,und]report+ ( income ,! ,secret>y 7or ! ,secret>y's delegate7 %all e/abli% proc$ures to ensure t income report$ 9 connection ) ! unau?oriz$ use ( a taxpay]'s id5tity is n tak5 into acc\nt 9 det]m9+ any p5alty = und]report+ ( income by ! victim ( id5tity !ft4 7c7 ,cl]ical am5dm5t ,! table ( sections = *apt] #gg is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #gebi4 ,notification ( suspect$ id5tity !ft4 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to det]m9ations made aft] ! date t is #f mon?s aft] ! date ( ! enactm5t ( ?is ,act4 #bjji4 ,guidel9es = /ol5 id5tity refund fraud cases 7a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y 7or ! ,secret>y's delegate71 9 consultation ) ! ,national ,taxpay] ,advocate1 %all develop & implem5t publicly available guidel9es = managem5t ( cases involv+ /ol5 id5tity refund fraud 9 a mann] t r$uces ! adm9i/rative burd5 on taxpay]s :o are victims ( su* fraud4 7b7 ,/&>ds & proc$ures ,to be consid]$ ,! guidel9es describ$ 9 subsection 7a7 may include-- 7#a7 /&>ds =-- 7,a7 ! av]age l5g? ( "t 9 :i* a case involv+ /ol5 id5tity refund fraud %\ld be resolv$2 7,b7 ! maximum l5g? ( "t1 on av]age1 a taxpay] :o is a victim ( /ol5 id5tity refund fraud & is entitl$ to a tax refund :i* has be5 /ol5 %\ld h to wait to receive su* refund2 & 7,c7 ! maximum numb] ( (fices & employees )9 ! ,int]nal ,rev5ue ,s]vice ) :om a taxpay] :o is a victim ( /ol5 id5tity refund fraud %\ld be requir$ to int]act 9 ord] to resolve a case2 7#b7 /&>ds = op5+1 assign+1 reassign+1 or clos+ a case involv+ /ol5 id5tity refund fraud2 & 7#c7 proc$ures = implem5t+ & accompli%+ ! /&>ds describ$ 9 p>agraphs 7#a7 & 7#b71 & measures = evaluat+ su* proc$ures & det]m9+ :e!r su* /&>ds h be5 successfully implem5t$4 #bjaj4 ,increas$ p5alty = improp] disclosure or use ( in=mation by prep>]s ( returns 7a7 ,9 g5]al ,section #fgac is am5d$-- 7#a7 by r$esignat+ subsections 7b7 & 7c7 z subsections 7c7 & 7d71 respectively2 & 7#b7 by ins]t+ aft] subsection 7a7 ! foll[+ new subsection3 7b7 ,enhanc$ p5alty = improp] use or disclosure relat+ to id5tity !ft 7#a7 ,9 g5]al ,9 ! case ( a disclosure or use describ$ 9 subsection 7a7 t is made 9 connection ) a crime relat+ to ! misappropriation ( ano!r p]son's taxpay] id5tity 7z def9$ 9 section #fajc7;b77#f771 :e!r or n su* crime involves any tax fil+1 subsection 7a7 %all be appli$-- 7,a7 by sub/itut+ #a1jjj = #bej1 & 7,b7 by sub/itut+ #ej1jjj = #aj1jjj4 7#b7 ,sep>ate application ( total p5alty limitation ,! limitation on ! total am\nt ( ! p5alty "u subsection 7a7 %all be appli$ sep>ately ) respect to disclosures or uses to :i* ?is subsection applies & to :i* x does n apply4 4 7b7 ,crim9al p5alty ,section #gbaf7;a7 is am5d$ by /rik+ #a1jjj & ins]t+ #a1jjj 7#ajj1jjj 9 ! case ( a disclosure or use to :i* section #fgac7;b7 applies74 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to disclosures or uses on or aft] ! date ( ! enactm5t ( ?is ,act4 ,b ,developm5t ( in=mation te*nology #baja4 ,managem5t ( ,int]nal ,rev5ue ,s]vice in=mation te*nology 7a7 ,duties & responsibilities ( ,int]nal ,rev5ue ,s]vice ,*ief ,in=mation ,(fic] ,section #ghjc1 z am5d$ by section #ajja1 is am5d$ by add+ at ! end ! foll[+ new subsection3 7f7 ,int]nal ,rev5ue ,s]vice ,*ief ,in=mation ,(fic] 7#a7 ,9 g5]al ,!re %all be 9 ! ,int]nal ,rev5ue ,s]vice an ,int]nal ,rev5ue ,s]vice ,*ief ,in=mation ,(fic] 7h]eaft] ref]r$ to 9 ?is subsection z ! ,,irs ,,cio7 :o %all be appo9t$ by ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice4 7#b7 ,c5traliz$ responsibility = ,int]nal ,rev5ue ,s]vice in=mation te*nology ,! ,commission] ( ! ,int]nal ,rev5ue ,s]vice 7& ! ,secret>y7 %all act ?r\gh ! ,,irs ,,cio ) respect to all developm5t1 implem5tation1 & ma9t5ance ( in=mation te*nology = ! ,int]nal ,rev5ue ,s]vice4 ,any ref]5ce 9 ?is subsection to ! ,,irs ,,cio :i* directs ! ,,irs ,,cio to take any action1 or to assume any responsibility1 %all be treat$ z a ref]5ce to ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice act+ ?r\gh ! ,,irs ,,cio4 7#c7 ,g5]al duties & responsibilities ,! ,,irs ,,cio %all-- 7,a7 be responsible = ! developm5t1 implem5tation1 & ma9t5ance ( in=mation te*nology = ! ,int]nal ,rev5ue ,s]vice1 7,b7 ensure t ! in=mation te*nology ( ! ,int]nal ,rev5ue ,s]vice is secure & integrat$1 7,c7 ma9ta9 op]ational control ( all in=mation te*nology = ! ,int]nal ,rev5ue ,s]vice1 7,d7 be ! pr9cipal advocate = ! in=mation te*nology ne$s ( ! ,int]nal ,rev5ue ,s]vice1 & 7,e7 consult ) ! ,*ief ,procurem5t ,(fic] ( ! ,int]nal ,rev5ue ,s]vice to ensure t ! in=mation te*nology acquir$ = ! ,int]nal ,rev5ue ,s]vice is consi/5t )-- 7i7 ! goals & requirem5ts specifi$ 9 subp>agraphs 7,a7 ?r\gh 7,d71 & 7ii7 ! /rategic plan develop$ "u p>agraph 7#d74 7#d7 ,/rategic plan 7,a7 ,9 g5]al ,! ,,irs ,,cio %all develop & implem5t a multiye> /rategic plan = ! in=mation te*nology ne$s ( ! ,int]nal ,rev5ue ,s]vice4 ,su* plan %all-- 7i7 include p]=mance measurem5ts ( su* te*nology & ( ! implem5tation ( su* plan1 7ii7 include a plan = an integrat$ ent]prise ar*itecture ( ! in=mation te*nology ( ! ,int]nal ,rev5ue ,s]vice1 7iii7 include & take into acc\nt ! res\rces ne$$ to accompli% su* plan1 7iv7 take into acc\nt plann$ major acquisitions ( in=mation te*nology by ! ,int]nal ,rev5ue ,s]vice1 includ+ ,cu/om] ,acc\nt ,data ,eng9e #b & ! ,ent]prise ,case ,managem5t ,sy/em1 & 7v7 align ) ! ne$s & /rategic plan ( ! ,int]nal ,rev5ue ,s]vice4 7,b7 ,plan updates ,! ,,irs ,,cio %all1 n less frequ5tly ?an annually1 review & update ! /rategic plan "u subp>agraph 7,a7 7includ+ ! plan = an integrat$ ent]prise ar*itecture describ$ 9 subp>agraph 7,a77ii77 to take into acc\nt ! developm5t ( new in=mation te*nology & ! ne$s ( ! ,int]nal ,rev5ue ,s]vice4 7#e7 ,scope ( au?ority 7,a7 ,in=mation te*nology ,= purposes ( ?is subsection1 ! t]m in=mation te*nology has ! mean+ giv5 su* t]m by section #aaaja ( title #dj1 ,unit$ ,/ates ,code4 7,b7 ,int]nal ,rev5ue ,s]vice ,any ref]5ce 9 ?is subsection to ! ,int]nal ,rev5ue ,s]vice includes a ref]5ce to all compon5ts ( ! ,int]nal ,rev5ue ,s]vice1 includ+-- 7i7 ! ,(fice ( ! ,taxpay] ,advocate1 7ii7 ! ,crim9al ,inve/igation ,division ( ! ,int]nal ,rev5ue ,s]vice1 & 7iii7 except z o!rwise provid$ by ! ,secret>y ) respect to in=mation te*nology relat$ to matt]s describ$ 9 subsection 7b77#c77;,b71 ! ,(fice ( ! ,*ief ,c\nsel4 4 7b7 ,indep5d5t v]ification & validation ( ! ,cu/om] ,acc\nt ,data ,eng9e #b & ,ent]prise ,case ,managem5t ,sy/em 7#a7 ,9 g5]al ,! ,commission] ( ! ,int]nal ,rev5ue ,s]vice %all ent] into a contract ) an indep5d5t review] to v]ify & validate ! implem5tation plans 7includ+ ! p]=mance mile/ones & co/ e/imates includ$ 9 su* plans7 develop$ = ! ,cu/om] ,acc\nt ,data ,eng9e #b & ! ,ent]prise ,case ,managem5t ,sy/em4 7#b7 ,deadl9e = completion ,su* contract %all require t su* v]ification & validation be complet$ n lat] ?an ! date :i* is #a ye> aft] ! date ( ! enactm5t ( ?is ,act4 7#c7 ,application to phases ( ,,cade #b 7,a7 ,9 g5]al ,p>agraphs 7#a7 & 7#b7 %all n apply to phase #a ( ! ,cu/om] ,acc\nt ,data ,eng9e #b & %all apply sep>ately to ea* o!r phase4 7,b7 ,deadl9e = complet+ plans ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice %all complete ! developm5t ( plans = all phases ( ! ,cu/om] ,acc\nt ,data ,eng9e #b4 7,c7 ,deadl9e = completion ( v]ification & validation ( plans ,9 ! case ( any phase aft] phase #b ( ! ,cu/om] ,acc\nt ,data ,eng9e #b1 p>agraph 7#b7 %all be appli$ by sub/itut+ ! date on :i* ! plan = su* phase 0 complet$ = ! date ( ! enactm5t ( ?is ,act4 7c7 ,coord9ation ( ,,irs ,,cio & ,*ief ,procurem5t ,(fic] ( ! ,int]nal ,rev5ue ,s]vice 7#a7 ,9 g5]al ,! ,*ief ,procurem5t ,(fic] ( ! ,int]nal ,rev5ue ,s]vice %all-- 7,a7 id5tify all significant ,,irs in=mation te*nology acquisitions & provide writt5 notification to ! ,int]nal ,rev5ue ,s]vice ,*ief ,in=mation ,(fic] 7h]eaft] ref]r$ to 9 ?is subsection z ! ,,irs ,,cio7 ( ea* su* acquisition 9 advance ( su* acquisition1 & 7,b7 regul>ly consult ) ! ,,irs ,,cio reg>d+ acquisitions ( in=mation te*nology = ! ,int]nal ,rev5ue ,s]vice1 includ+ meet+ ) ! ,,irs ,,cio reg>d+ su* acquisitions ^u reque/4 7#b7 ,significant ,,irs in=mation te*nology acquisitions ,= purposes ( ?is subsection1 ! t]m significant ,,irs in=mation te*nology acquisitions means-- 7,a7 any acquisition ( in=mation te*nology = ! ,int]nal ,rev5ue ,s]vice 9 excess ( #a1jjj1jjj1 & 7,b7 su* o!r acquisitions ( in=mation te*nology = ! ,int]nal ,rev5ue ,s]vice 7or categories ( su* acquisitions7 z ! ,,irs ,,cio1 9 consultation ) ! ,*ief ,procurem5t ,(fic] ( ! ,int]nal ,rev5ue ,s]vice1 may id5tify4 7#c7 ,scope ,t]ms us$ 9 ?is subsection :i* are also us$ 9 section #ghjc7;f7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7z am5d$ by subsection 7a77 %all h ! same mean+ z :5 us$ 9 su* section4 #bajb4 ,developm5t ( onl9e acc\nts & portals 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury or ! ,secret>y's delegate 7h]eaft] ref]r$ to 9 ?is section z ! ,secret>y7 %all-- 7#a7 develop secure individualiz$ onl9e acc\nts to provide s]vices to taxpay]s & _! designat$ return prep>]s1 includ+ obta9+ taxpay] in=mation1 mak+ paym5t ( taxes1 %>+ docum5tation1 & 7to ! ext5t feasible7 address+ & correct+ issues1 & 7#b7 develop a process = ! acceptance ( tax =ms1 & support+ docum5tation1 9 digital or o!r electronic =mat4 7b7 ,electronic s]vices treat$ z supplem5tal2 application ( security /&>ds ,! ,secret>y %all ensure t ! processes describ$ 9 subsection 7a7-- 7#a7 are a supplem5t to1 & n a replacem5t =1 o!r s]vices provid$ by ! ,int]nal ,rev5ue ,s]vice to taxpay]s1 includ+ face-to-face taxpay] assi/ance & s]vices provid$ by phone1 & 7#b7 comply ) applicable security /&>ds & guidel9es4 7c7 ,process = develop+ onl9e acc\nts 7#a7 ,developm5t ( plan ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all submit to ,congress a writt5 report describ+ ! ,secret>y's plan = develop+ ! secure individualiz$ onl9e acc\nts describ$ 9 subsection 7a77#a74 ,su* plan %all address ! feasibility ( taxpay]s address+ & correct+ issues ?r\gh su* acc\nts & :e!r access to su* acc\nts %\ld be re/rict$ & 9 :at mann]4 7#b7 ,deadl9e ,! ,secret>y %all make e reasonable ef=t to make ! secure individualiz$ onl9e acc\nts describ$ 9 subsection 7a77#a7 available to taxpay]s by ,decemb] #ca1 #bjbc4 #bajc4 ,int]net plat=m = ,=m #ajii fil+s 7a7 ,9 g5]al ,n lat] ?an ,janu>y #a1 #bjbc1 ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate 7h]eaft] ref]r$ to 9 ?is section z ! ,secret>y7 %all make available an ,int]net website or o!r electronic m$ia1 ) a us] int]face & functionality simil> to ! ,bus9ess ,s]vices ,onl9e ,suite ( ,s]vices provid$ by ! ,social ,security ,adm9i/ration1 t w provide access to res\rces & guidance provid$ by ! ,int]nal ,rev5ue ,s]vice & w all[ p]sons to-- 7#a7 prep>e & file ,=ms #ajii1 7#b7 prep>e ,=ms #ajii = di/ribution to recipi5ts o!r ?an ! ,int]nal ,rev5ue ,s]vice1 & 7#c7 ma9ta9 a record ( complet$ & submitt$ ,=ms #ajii4 7b7 ,electronic s]vices treat$ z supplem5tal2 application ( security /&>ds ,! ,secret>y %all ensure t ! s]vices describ$ 9 subsection 7a7-- 7#a7 are a supplem5t to1 & n a replacem5t =1 o!r s]vices provid$ by ! ,int]nal ,rev5ue ,s]vice to taxpay]s1 & 7#b7 comply ) applicable security /&>ds & guidel9es4 #bajd4 ,/reaml9$ critical pay au?ority = in=mation te*nology positions 7a7 ,9 g5]al ,sub*apt] ,a ( *apt] #hj is am5d$ by add+ at ! end ! foll[+ new section3 #ghab4 ,/reaml9$ critical pay au?ority = in=mation te*nology positions ,9 ! case ( any position :i* is critical to ! functionality ( ! in=mation te*nology op]ations ( ! ,int]nal ,rev5ue ,s]vice-- 7#a7 section #iejc ( title #e1 ,unit$ ,/ates ,code1 %all be appli$-- 7,a7 by sub/itut+ dur+ ! p]iod beg9n+ on ! date ( ! enactm5t ( section #ghab ( ! ,int]nal ,rev5ue ,code ( #aihf1 & end+ on ,septemb] #cj1 #bjbc = ,be=e ,septemb] #cj1 #bjac 9 subsection 7a71 7,b7 )\t reg>d to subp>agraph 7,b7 ( subsection 7a77#a71 & 7,c7 by sub/itut+ ! date ( ! enactm5t ( ! ,taxpay] ,fir/ ,act ( #bjah = ,june #a1 #aiih 9 subsection 7a77#f71 7#b7 section #iejd ( su* title #e %all be appli$ by sub/itut+ ,dur+ ! p]iod beg9n+ on ! date ( ! enactm5t ( section #ghab ( ! ,int]nal ,rev5ue ,code ( #aihf1 & end+ on ,septemb] #cj1 #bjbc = ,be=e ,septemb] #cj1 #bjac ea* place x appe>s 9 subsections 7a7 & 7b71 & 7#c7 section #ieje ( su* title %all be appli$-- 7,a7 by sub/itut+ ,dur+ ! p]iod beg9n+ on ! date ( ! enactm5t ( section #ghab ( ! ,int]nal ,rev5ue ,code ( #aihf1 & end+ on ,septemb] #cj1 #bjbc = ,be=e ,septemb] #cj1 #bjac 9 subsection 7a71 & 7,b7 by sub/itut+ ! in=mation te*nology op]ations = significant functions 9 subsection 7a74 4 7b7 ,cl]ical am5dm5t ,! table ( sections = sub*apt] ,a ( *apt] #hj is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #ghab4 ,/reaml9$ critical pay au?ority = in=mation te*nology positions4 4 ,c ,mod]nization ( cons5t-bas$ income v]ification sy/em #bbja4 ,disclosure ( taxpay] in=mation = ?ird-p>ty income v]ification 7a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! close ( ! #b-ye> p]iod describ$ 9 subsection 7d77#a71 ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate 7h]eaft] ref]r$ to 9 ?is section z ! ,secret>y7 %all implem5t a program to ensure t any qualifi$ disclosure-- 7#a7 is fully automat$ & accompli%$ ?r\gh ! ,int]net1 & 7#b7 is accompli%$ 9 z close to real-"t z is practicable4 7b7 ,qualifi$ disclosure ,= purposes ( ?is section1 ! t]m qualifi$ disclosure means a disclosure "u section #fajc7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf ( returns or return in=mation by ! ,secret>y to a p]son seek+ to v]ify ! income or cr$itwor?9ess ( a taxpay] :o is a borr[] 9 ! process ( a loan application4 7c7 ,application ( security /&>ds ,! ,secret>y %all ensure t ! program describ$ 9 subsection 7a7 complies ) applicable security /&>ds & guidel9es4 7d7 ,us] fee 7#a7 ,9 g5]al ,dur+ ! #b-ye> p]iod beg9n+ on ! fir/ day ( ! #f? cal5d> mon? beg9n+ aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all assess & collect a fee = qualifi$ disclosures 79 addition to any o!r fee assess$ & collect$ = su* disclosures7 at su* rates z ! ,secret>y det]m9es are suffici5t to cov] ! co/s relat$ to implem5t+ ! program describ$ 9 subsection 7a71 includ+ ! co/s ( any necess>y infra/ructure or te*nology4 7#b7 ,deposit ( collections ,am\nts receiv$ f fees assess$ & collect$ "u p>agraph 7#a7 %all be deposit$ 91 & cr$it$ to1 an acc\nt solely = ! purpose ( c>ry+ out ! activities describ$ 9 subsection 7a74 ,su* am\nts %all be available to c>ry out su* activities )\t ne$ ( fur!r appropriation & )\t fiscal ye> limitation4 #bbjb4 ,limit r$isclosures & uses ( cons5t-bas$ disclosures ( tax return in=mation 7a7 ,9 g5]al ,section #fajc7;c7 is am5d$ by add+ at ! end ! foll[+3 ,p]sons designat$ by ! taxpay] "u ?is subsection to receive return in=mation %all n use ! in=mation = any purpose o!r ?an ! express purpose = :i* cons5t 0 grant$ & %all n disclose return in=mation to any o!r p]son )\t ! express p]mission (1 or reque/ by1 ! taxpay]44 7b7 ,application ( p5alties ,section #fajc7;a77#c7 is am5d$ by ins]t+ subsection 7c71 aft] return in=mation "u4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to disclosures made aft] ! date ( ! enactm5t ( ?is ,act4 ,d ,exp&$ use ( electronic sy/ems #bcja4 ,electronic fil+ ( returns 7a7 ,9 g5]al ,section #fjaa7;e77#b77;,a7 is am5d$ by /rik+ #bej & ins]t+ ! applicable numb] (4 7b7 ,applicable numb] ,section #fjaa7;e7 is am5d$ by /rik+ p>agraph 7#e7 & ins]t+ ! foll[+ new p>agraphs3 7#e7 ,applicable numb] 7,a7 ,9 g5]al ,= purposes ( p>agraph 7#b77;,a71 ! applicable numb] %all be-- 7i7 except z provid$ 9 subp>agraph 7,b71 9 ! case ( cal5d> ye>s be=e #bjbj1 #bej1 7ii7 9 ! case ( cal5d> ye> #bjbj1 #ajj1 & 7iii7 9 ! case ( cal5d> ye>s aft] #bjbj1 #aj4 7,b7 ,special rule = p>tn]%ips = #bjah & #bjai ,9 ! case ( a p>tn]%ip1 = any cal5d> ye> be=e #bjbj1 ! applicable numb] %all be-- 7i7 9 ! case ( cal5d> ye> #bjah1 #bjj1 & 7ii7 9 ! case ( cal5d> ye> #bjai1 #aej4 7#f7 ,p>tn]%ips requir$ to file on magnetic m$ia ,not)/&+ p>agraph 7#b77;,a71 ! ,secret>y %all require p>tn]%ips hav+ m ?an #ajj p>tn]s to file returns on magnetic m$ia4 4 7c7 ,returns fil$ by a tax return prep>] ,section #fjaa7;e77#c7 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ,exception = c]ta9 prep>]s locat$ 9 areas )\t int]net access ,! ,secret>y may waive ! requirem5t ( subp>agraph 7,a7 if ! ,secret>y det]m9es1 on ! basis ( an application by ! tax return prep>]1 t ! prep>] _c meet su* requirem5t by reason ( be+ locat$ 9 a geographic area :i* does n h access to int]net s]vice 7o!r ?an dial-up or satellite s]vice74 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ! date ( ! enactm5t ( ?is ,act4 #bcjb4 ,uni=m /&>ds = ! use ( electronic signatures = disclosure au?orizations to1 & o!r au?orizations (1 practition]s ,section #fjfa7;b77#c7 is am5d$ to read z foll[s3 7#c7 ,publi%$ guidance 7,a7 ,9 g5]al ,! ,secret>y %all publi% guidance z appropriate to def9e & implem5t any waiv] ( ! signature requirem5ts or any me?od adopt$ "u p>agraph 7#a74 7,b7 ,electronic signatures = disclosure au?orizations to1 & o!r au?orizations (1 practition]s ,n lat] ?an #f mon?s aft] ! date ( ! enactm5t ( ?is subp>agraph1 ! ,secret>y %all publi% guidance to e/abli% uni=m /&>ds & proc$ures = ! acceptance ( taxpay]s' signatures appe>+ 9 electronic =m ) respect to any reque/ = disclosure ( a taxpay]'s return or return in=mation "u section #fajc7;c7 to a practition] or any p[] ( attorney grant$ by a taxpay] to a practition]4 7,c7 ,practition] ,= purposes ( subp>agraph 7,b71 ! t]m practition] means any individual 9 good /&+ :o is regulat$ "u section #ccj ( title #ca1 ,unit$ ,/ates ,code4 4 #bcjc4 ,paym5t ( taxes by debit & cr$it c>ds ,section #fcaa7;d77#b7 is am5d$ by add+ at ! end ! foll[+3 ,! prec$+ s5t5ce %all n apply to ! ext5t t ! ,secret>y ensures t any su* fee or o!r consid]ation is fully rec\p$ by ! ,secret>y 9 ! =m ( fees paid to ! ,secret>y by p]sons pay+ taxes impos$ "u subtitle ,a ) cr$it1 debit1 or *>ge c>ds pursuant to su* contract4 ,not)/&+ ! prec$+ s5t5ce1 ! ,secret>y %all seek to m9imize ! am\nt ( any fee or o!r consid]ation t ! ,secret>y pays "u any su* contract44 #bcjd4 ,requirem5t t electronically prep>$ pap] returns include scannable code 7a7 ,9 g5]al ,subsection 7e7 ( section #fjaa1 z am5d$ by ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#g7 ,special rule = returns prep>$ electronically & submitt$ on pap] ,! ,secret>y %all require t any return ( tax :i* is prep>$ electronically1 b is pr9t$ & fil$ on pap]1 be> a code :i* c1 :5 scann$1 conv]t su* return to electronic =mat4 4 7b7 ,con=m+ am5dm5t ,p>agraph 7#a7 ( section #fjaa7;e7 is am5d$ by /rik+ p>agraph 7#c7 & ins]t+ p>agraphs 7#c7 & 7#g74 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to returns ( tax ! due date = :i* 7det]m9$ )\t reg>d to ext5sions7 is aft] ,decemb] #ca1 #bjbj4 #bcje4 ,au!ntication ( us]s ( electronic s]vices acc\nts ,beg9n+ #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all v]ify ! id5tity ( any individual op5+ an e-,s]vices acc\nt ) ! ,int]nal ,rev5ue ,s]vice be=e su* individual is able to use ! e-,s]vices tools4 ,e ,o!r provisions #bdja4 ,repeal ( provision reg>d+ c]ta9 tax compliance proc$ures & reports ,section #bjjd ( ! ,int]nal ,rev5ue ,s]vice ,re/ructur+ & ,re=m ,act ( #aiih 7#bf ,u4,s4,c4 #fjab note7 is repeal$4 #bdjb4 ,compreh5sive tra9+ /rategy ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,commission] ( ,int]nal ,rev5ue %all submit to ,congress a writt5 report provid+ a compreh5sive tra9+ /rategy = employees ( ! ,int]nal ,rev5ue ,s]vice1 includ+-- 7#a7 a plan to /reaml9e curr5t tra9+ processes1 includ+ an assessm5t ( ! utility ( fur!r consolidat+ int]nal tra9+ programs1 te*nology1 & fund+1 7#b7 a plan to develop annual tra9+ reg>d+ taxpay] rights1 includ+ ! role ( ! ,(fice ( ! ,taxpay] ,advocate1 = employees t int]face ) taxpay]s & _! manag]s1 7#c7 a plan to improve te*nology-bas$ tra9+1 7#d7 proposals to-- 7,a7 focus employee tra9+ on e>ly1 fair1 & effici5t resolution ( taxpay] disputes = employees t int]face ) taxpay]s & _! manag]s1 & 7,b7 ensure consi/5cy ( skill developm5t & employee evaluation ?r\gh\t ! ,int]nal ,rev5ue ,s]vice1 & 7#e7 a ?or\gh assessm5t ( ! fund+ necess>y to implem5t su* /rategy4 ,,iii ,miscellane\s provisions ,a ,re=m ( ,laws ,gov]n+ ,int]nal ,rev5ue ,s]vice ,employees #cjja4 ,electronic record ret5tion 7a7 ,ret5tion ( records 7#a7 ,9 g5]al ,email records ( ! ,int]nal ,rev5ue ,s]vice %all be reta9$ 9 an appropriate electronic sy/em t supports records managem5t & litigation requirem5ts1 includ+ ! capability to id5tify1 retrieve1 & reta9 ! records1 9 accordance ) ! requirem5ts describ$ 9 p>agraph 7#b74 7#b7 ,requirem5ts 7,a7 ,prior to c]tification ,! ,commission] ( ,int]nal ,rev5ue & ! ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice %all reta9 all email records g5]at$ on or aft] ! date ( ! enactm5t ( ?is ,act & be=e ! date on :i* ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration makes ! c]tification "u subsection 7c77#a74 7,b7 ,pr9cipal (fic]s & specifi$ employees ,n lat] ?an ,decemb] #ca1 #bjai1 ! ,commission] ( ,int]nal ,rev5ue & ! ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice %all ma9ta9 email records ( all pr9cipal (fic]s & specifi$ employees ( ! ,int]nal ,rev5ue ,s]vice = a p]iod ( n less ?an #ae ye>s beg9n+ on ! date su* record 0 g5]at$4 7b7 ,transmission ( records to ! ,national ,ar*ives ,n lat] ?an #ae ye>s aft] ! date on :i* an email record ( a pr9cipal (fic] or specifi$ employee ( ! ,int]nal ,rev5ue ,s]vice is g5]at$1 ! ,commission] ( ,int]nal ,rev5ue & ! ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice %all transf] su* email record to ! ,ar*ivi/ ( ! ,unit$ ,/ates4 7c7 ,compliance 7#a7 ,c]tification ,on ! date t ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration det]m9es t ! ,int]nal ,rev5ue ,s]vice has a program 9 place t complies ) ! requirem5ts ( subsections 7a77#b77;,b7 & 7b71 ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration %all c]tify to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate t ! ,int]nal ,rev5ue ,s]vice is 9 compliance ) su* requirem5ts4 7#b7 ,reports 7,a7 ,int]im report ,n lat] ?an ,decemb] #ca1 #bjai1 ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration %all submit a report to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate on ! /eps be+ tak5 by ! ,commission] ( ,int]nal ,rev5ue & ! ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice to comply ) ! requirem5ts ( subsections 7a77#b77;,b7 & 7b74 7,b7 ,f9al report ,n lat] ?an ,april #a1 #bjbj1 ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration %all submit a report to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate describ+ :e!r ! ,int]nal ,rev5ue ,s]vice is 9 compliance ) ! requirem5ts ( subsections 7a77#b77;,b7 & 7b74 7d7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,pr9cipal (fic] ,! t]m pr9cipal (fic] means1 ) respect to ! ,int]nal ,rev5ue ,s]vice-- 7,a7 any employee ^: position is li/$ "u ! ,int]nal ,rev5ue ,s]vice 9 ! mo/ rec5t v]sion ( ! ,unit$ ,/ates ,gov]nm5t ,manual publi%$ by ! ,(fice ( ! ,f$]al ,regi/]2 7,b7 any employee :o is a s5ior /aff memb] report+ directly to ! ,commission] ( ,int]nal ,rev5ue or ! ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice2 & 7,c7 any associate c\nsel1 deputy c\nsel1 or division head 9 ! ,(fice ( ! ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice4 7#b7 ,specifi$ employee ,! t]m specifi$ employee means1 ) respect to ! ,int]nal ,rev5ue ,s]vice1 any employee :o-- 7,a7 holds a ,s5ior ,executive ,s]vice position 7z def9$ 9 section #cacb ( title #e1 ,unit$ ,/ates ,code7 9 ! ,int]nal ,rev5ue ,s]vice or ! ,(fice ( ,*ief ,c\nsel = ! ,int]nal ,rev5ue ,s]vice2 & 7,b7 is n a pr9cipal (fic] ( ! ,int]nal ,rev5ue ,s]vice4 #cjjb4 ,prohibition on rehir+ any employee ( ! ,int]nal ,rev5ue ,s]vice :o 0 involunt>ily sep>at$ f s]vice = misconduct 7a7 ,9 g5]al ,section #ghjd is am5d$ by add+ at ! end ! foll[+ new subsection3 7d7 ,prohibition on rehir+ employees involunt>ily sep>at$ ,! ,commission] may n hire any individual previ\sly employ$ by ! ,commission] :o 0 remov$ = misconduct "u ?is sub*apt] or *apt] #dc or *apt] #ge ( title #e1 ,unit$ ,/ates ,code1 or ^: employm5t 0 t]m9at$ "u section #abjc ( ! ,int]nal ,rev5ue ,s]vice ,re/ructur+ & ,re=m ,act ( #aiih 7#bf ,u4,s4,c4 #ghjd note74 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply ) respect to ! hir+ ( employees aft] ! date ( ! enactm5t ( ?is ,act4 #cjjc4 ,notification ( unau?oriz$ inspection or disclosure ( returns & return in=mation 7a7 ,9 g5]al ,subsection 7e7 ( section #gdca is am5d$ by add+ at ! end ! foll[+ new s5t5ces3 ,! ,secret>y %all also notify su* taxpay] if ! ,int]nal ,rev5ue ,s]vice or a ,f$]al or ,/ate ag5cy 7^u notice to ! ,secret>y by su* ,f$]al or ,/ate ag5cy7 proposes an adm9i/rative det]m9ation z to discipl9>y or adv]se action aga9/ an employee aris+ f ! employee's unau?oriz$ inspection or disclosure ( ! taxpay]'s return or return in=mation4 ,! notice describ$ 9 ?is subsection %all include ! date ( ! unau?oriz$ inspection or disclosure & ! rights ( ! taxpay] "u su* adm9i/rative det]m9ation44 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to det]m9ations propos$ aft] ! date :i* is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4 ,b ,provisions relat+ to exempt organizations #caja4 ,m&atory e-fil+ by exempt organizations 7a7 ,9 g5]al ,section #fjcc is am5d$ by r$esignat+ subsection 7n7 z subsection 7o7 & by ins]t+ aft] subsection 7m7 ! foll[+ new subsection3 7n7 ,m&atory electronic fil+ ,any organization requir$ to file a return "u ?is section %all file su* return 9 electronic =m4 4 7b7 ,con=m+ am5dm5t ,p>agraph 7#g7 ( section #ebg7;j7 is am5d$ by /rik+ if ! organization has & all t foll[s ?r\gh su* cal5d> ye>4 7c7 ,inspection ( electronically fil$ annual returns ,subsection 7b7 ( section #fajd is am5d$ by add+ at ! end ! foll[+3 ,any annual return requir$ to be fil$ electronically "u section #fjcc7n7 %all be made available by ! ,secret>y to ! public z soon z practicable 9 a ma*9e readable =mat44 7d7 ,effective date 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,transitional relief 7,a7 ,small organizations 7i7 ,9 g5]al ,9 ! case ( any small organizations1 or any o!r organizations = :i* ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate 7h]eaft] ref]r$ to 9 ?is p>agraph z ! ,secret>y7 det]m9es ! application ( ! am5dm5ts made by ?is section w\ld cause undue burd5 )\t a delay1 ! ,secret>y may delay ! application ( su* am5dm5ts1 b su* delay %all n apply to any taxable ye> beg9n+ on or aft] ! date #b ye>s aft] ( ! enactm5t ( ?is ,act4 7ii7 ,small organization ,= purposes ( clause 7i71 ! t]m small organization means any organization-- 7,i7 ! gross receipts ( :i* = ! taxable ye> are less ?an #bjj1jjj2 & 7,,ii7 ! aggregate gross assets ( :i* at ! end ( ! taxable ye> are less ?an #ejj1jjj4 7,b7 ,organizations fil+ =m #iij-,t ,9 ! case ( any organization describ$ 9 section #eaa7;a77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf :i* is subject to ! tax impos$ by section #eaa7;a77#a7 ( su* ,code on its unrelat$ bus9ess taxable income1 or any organization requir$ to file a return "u section #fjcc ( su* ,code & include in=mation "u subsection 7e7 !re(1 ! ,secret>y may delay ! application ( ! am5dm5ts made by ?is section1 b su* delay %all n apply to any taxable ye> beg9n+ on or aft] ! date #b ye>s aft] ( ! enactm5t ( ?is ,act4 #cajb4 ,notice requir$ be=e revocation ( tax exempt /atus = failure to file return 7a7 ,9 g5]al ,section #fjcc7;j77#a7 is am5d$ by /rik+ ,if an organization & ins]t+ ! foll[+3 7,a7 ,notice 7i7 ,9 g5]al ,aft] an organization describ$ 9 subsection 7a77#a7 or 7i7 fails to file ! annual return or notice requir$ "u ei!r subsection = #b consecutive ye>s1 ! ,secret>y %all notify ! organization-- 7,i7 t ! ,int]nal ,rev5ue ,s]vice has no record ( su* a return or notice f su* organization = #b consecutive ye>s1 & 7,,ii7 ab\t ! revocation t w occur "u subp>agraph 7,b7 if ! organization fails to file su* a return or notice by ! due date = ! next su* return or notice requir$ to be fil$4 ,! notification "u ! prec$+ s5t5ce %all include in=mation ab\t h[ to comply ) ! fil+ requirem5ts "u subsection 7a77#a7 & 7i74 7,b7 ,revocation ,if an organization 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to failures to file returns or notices = #b consecutive ye>s if ! return or notice = ! second ye> is requir$ to be fil$ aft] ,decemb] #ca1 #bjah4 ,c ,tax ,c\rt #ccja4 ,disqualification ( judge or magi/rate judge ( ! ,tax ,c\rt 7a7 ,9 g5]al ,"p ,,ii ( sub*apt] ,c ( *apt] #gf is am5d$ by add+ at ! end ! foll[+ new section3 #gdfg4 ,disqualification ( judge or magi/rate judge ( ! ,tax ,c\rt ,section #dee ( title #bh1 ,unit$ ,/ates ,code1 %all apply to judges & magi/rate judges ( ! ,tax ,c\rt & to proce$+s ( ! ,tax ,c\rt4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = su* "p is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #gdfg4 ,disqualification ( judge or magi/rate judge ( ! ,tax ,c\rt4 4 #ccjb4 ,op9ions & judgm5ts 7a7 ,9 g5]al ,section #gdei is am5d$ by /rik+ all ! prec$es subsection 7c7 & ins]t+ ! foll[+3 #gdei4 ,op9ions & judgm5ts 7a7 ,requirem5t ,an op9ion ^u any proce$+ in/itut$ be=e ! ,tax ,c\rt & a judgm5t !reon %all be made z quickly z practicable4 ,! judgm5t %all be made by a judge 9 accordance ) ! op9ion ( ! ,tax ,c\rt1 & su* judgm5t s made %all1 :5 ent]$1 be ! judgm5t ( ! ,tax ,c\rt4 7b7 ,inclusion ( f9d+s ( fact 9 op9ion ,x %all be ! duty ( ! ,tax ,c\rt & ( ea* division to include 9 its op9ion or memor&um op9ion ^u any proce$+1 its f9d+s ( fact4 ,! ,tax ,c\rt %all issue 9 writ+ all ( its f9d+s ( fact1 op9ions1 & memor&um op9ions4 ,subject to su* conditions z ! ,tax ,c\rt may by rule provide1 ! requirem5ts ( ?is subsection & ( section #gdfj are met if f9d+s ( fact or op9ion are /at$ orally & record$ 9 ! transcript ( ! proce$+s4 4 7b7 ,ref]5ces ,section #gdei is am5d$ by r$esignat+ subsection 7g7 z subsection 7h7 & by ins]t+ aft] subsection 7f7 ! foll[+ new subsection3 7g7 ,ref]5ces ,any ref]5ce 9 ?is title to a decision or report ( ! ,tax ,c\rt %all be treat$ z a ref]5ce to a judgm5t or op9ion ( ! ,tax ,c\rt1 respectively4 4 7c7 ,con=m+ am5dm5t ,! item relat+ to section #gdei 9 ! table ( sections = "p ,,ii ( sub*apt] ,c ( *apt] #gf is am5d$ to read z foll[s3 ,sec4 #gdei4 ,op9ions & judgm5ts4 4 7d7 ,cont9u+ effect ( legal docum5ts ,all ord]s1 decisions1 reports1 rules1 p]mits1 agreem5ts1 grants1 contracts1 c]tificates1 lic5ses1 regi/rations1 privileges1 & o!r adm9i/rative actions1 9 connection ) ! ,tax ,c\rt1 :i* are 9 effect at ! "t ?is section takes effect1 or 7 f9al be=e ! effective date ( ?is section & are to become effective on or aft] ! effective date ( ?is section1 %all cont9ue 9 effect accord+ to _! t]ms until modifi$1 t]m9at$1 sup]s$$1 set aside1 or revok$ 9 accordance ) law by ! ,tax ,c\rt4 #ccjc4 ,title ( special trial judge *ang$ to magi/rate judge ( ! ,tax ,c\rt 7a7 ,9 g5]al ,section #gddc;,a is am5d$-- 7#a7 by /rik+ special trial judges 9 subsections 7a7 & 7e7 & ins]t+ magi/rate judges ( ! ,tax ,c\rt1 7#b7 by /rik+ special trial judges ( ! c\rt 9 subsection 7b7 & ins]t+ magi/rate judges ( ! ,tax ,c\rt1 & 7#c7 by /rik+ special trial judge 9 subsections 7c7 & 7d7 & ins]t+ magi/rate judge ( ! ,tax ,c\rt4 7b7 ,con=m+ am5dm5ts 7#a7 ,! head+ ( section #gddc;,a is am5d$ by /rik+ 8,special trial judges0 & ins]t+ ,magi/rate judges ( ! ,tax ,c\rt4 7#b7 ,! head+ ( section #gddc;,a7b7 is am5d$ by /rik+ ,special trial judges & ins]t+ ,magi/rate judges ( ! ,tax ,c\rt4 7#c7 ,! item relat+ to section #gddc;,a 9 ! table ( sections = "p ,i ( sub*apt] ,c ( *apt] #gf is am5d$ to read z foll[s3 ,sec4 #gddc;,a4 ,magi/rate judges ( ! ,tax ,c\rt4 4 7#d7 ,! head+ ( section #gddh is am5d$ by /rik+ ,special trial judges & ins]t+ ,magi/rate judges ( ! ,tax ,c\rt4 7#e7 ,section #gddh is am5d$-- 7,a7 by /rik+ special trial judge's ea* place x appe>s 9 subsections 7a77#f71 7c77#a71 7d71 & 7m77#a7 & ins]t+ magi/rate judge ( ! ,tax ,c\rt's1 & 7,b7 by /rik+ special trial judge ea* place x appe>s o!r ?an 9 subsection 7n7 & ins]t+ magi/rate judge ( ! ,tax ,c\rt4 7#f7 ,section #gddh7n7 is am5d$-- 7,a7 by /rik+ special trial judge :i* are all[able & ins]t+ magi/rate judge ( ! ,tax ,c\rt :i* are all[able1 & 7,b7 by /rik+ special trial judge ( ! ,tax ,c\rt bo? places x appe>s & ins]t+ magi/rate judge ( ! ,tax ,c\rt4 7#g7 ,! head+ ( section #gddh7;b77#b7 is am5d$ by /rik+ ,special trial judges & ins]t+ ,magi/rate judges ( ! ,tax ,c\rt4 7#h7 ,! item relat+ to section #gddh 9 ! table ( sections = "p ,i ( sub*apt] ,c ( *apt] #gf is am5d$ to read z foll[s3 ,sec4 #gddh4 ,annuities to surviv+ sp\ses & dep5d5t *ildr5 ( judges & magi/rate judges ( ! ,tax ,c\rt4 4 7#i7 ,section #gdef7;a7 is am5d$-- 7,a7 by /rik+ special trial judge ea* place x appe>s & ins]t+ magi/rate judge1 & 7,b7 by /rik+ 7or by ! cl]k & ins]t+ ( ! ,tax ,c\rt 7or by ! cl]k4 7#aj7 ,section #gdff7;a7 is am5d$ by /rik+ special trial judge & ins]t+ magi/rate judge4 7#aa7 ,section #gdgj;,a is am5d$ by /rik+ special trial judges bo? places x appe>s 9 subsections 7a7 & 7b7 & ins]t+ magi/rate judges4 7#ab7 ,section #gdga7;a77#b77;,a7 is am5d$ by /rik+ special trial judges & ins]t+ magi/rate judges4 7#ac7 ,section #gdga7;c7 is am5d$-- 7,a7 by /rik+ ,special trial judges 9 ! head+ & ins]t+ ,magi/rate judges ( ! ,tax ,c\rt1 & 7,b7 by /rik+ special trial judges & ins]t+ magi/rate judges4 #ccjd4 ,repeal ( deadwood relat$ to ,bo>d ( ,tax ,appeals 7a7 ,section #gdei1 z am5d$ by ?is ,act1 is am5d$ by /rik+ subsection 7f7 & by r$esignat+ subsections 7g7 & 7h7 z subsections 7f7 & 7g71 respectively4 7b7 ,section #gddg7;a77#c7 is am5d$ to read z foll[s3 7#c7 ,9 any det]m9ation ( l5g? ( s]vice z judge or z a judge ( ! ,tax ,c\rt ( ! ,unit$ ,/ates !re %all be includ$ all p]iods 7:e!r or n consecutive7 dur+ :i* an individual s]v$ z judge4 4 ,cl]k4