,,ib ,union ,cal5d> ,no4 #cjj #aaf?     
,,congress  #b;d ,session  ,h4 ,r4 #ccja
 ,report ,no4 #aaf-cgi ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,june #ah1        
#bjai,mr4 ,?ompson ( ,cali=nia introduc$
 ! foll[+ bill2 :i* 0 ref]r$ to !       
,committee on ,ways & ,means  ,janu>y   
#ba1 #bjbj,report$ ) an am5dm5t1        
committ$ to ! ,committee ( ! ,:ole ,h\se
 on ! ,/ate ( ! ,union1 & ord]$ to be   
printed,strike out all aft] ! enact+    
clause & ins]t ! "p pr9t$ 9 italic,for  
text ( introduc$ bill1 see copy ( bill z
 introduc$ on ,june #ah1 #bjai  ,a      
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to ext5d c]ta9 expir+     
provisions1 to provide disa/] relief1 & 
= o!r purposes4  #a4 ,%ort title2 etc   
7a7 ,%ort title ,?is ,act may be cit$ z 
! ,taxpay] ,c]ta9ty & ,disa/] ,tax      
,relief ,act ( #bjai4  7b7 ,table (     
cont5ts ,! table ( cont5ts = ?is ,act is
 z foll[s3  ,sec4 #a4 ,%ort title2 etc4 
,title ,i--,ext5sion ( c]ta9 expir+     
provisions ,subtitle ,a--,tax ,relief & 

,support = ,families & ,individuals     
,sec4 #aja4 ,exclusion f gross income ( 
dis*>ge ( qualifi$ pr9cipal resid5ce    
indebt$ness4 ,sec4 #ajb4 ,treatm5t (    
mortgage insurance premiums z qualifi$  
resid5ce int]e/4 ,sec4 #ajc4 ,r$uction 9
 m$ical exp5se d$uction floor4 ,sec4    
#ajd4 ,d$uction ( qualifi$ tuition &    
relat$ exp5ses4 ,sec4 #aje4 ,black lung 
disability tru/ fund excise tax4        
,subtitle ,b--,inc5tives = ,employm5t1  
,economic ,gr[?1 & ,community           
,developm5t ,sec4 #aaa4 ,indian         
employm5t cr$it4 ,sec4 #aab4 ,railroad  
track ma9t5ance cr$it4 ,sec4 #aac4 ,m9e 
rescue team tra9+ cr$it4 ,sec4 #aad4    
#g-ye> recov]y p]iod = motorsports      
ent]ta9m5t complexes4 ,sec4 #aae4       
,accel]at$ depreciation = bus9ess       
prop]ty on ,indian res]vations4 ,sec4   
#aaf4 ,exp5s+ rules = c]ta9 productions4
 ,sec4 #aag4 ,emp[]m5t zone tax         
inc5tives4 ,sec4 #aah4 ,am]ican ,samoa  
economic developm5t cr$it4 ,subtitle    
,c--,inc5tives = ,en]gy ,production1    

,effici5cy1 & ,gre5 ,economy ,jobs ,sec4
 #aba4 ,biodiesel & r5ewable diesel4    
,sec4 #abb4 ,second g5]ation bi(uel     
produc] cr$it4 ,sec4 #abc4 ,nonbus9ess  
en]gy prop]ty4 ,sec4 #abd4 ,qualifi$    
fuel cell motor vehicles4 ,sec4 #abe4   
,alt]native fuel refuel+ prop]ty cr$it4 
,sec4 #abf4 #b-:eel$ plug-9 electric    
vehicle cr$it4 ,sec4 #abg4 ,cr$it =     
electricity produc$ f c]ta9 r5ewable    
res\rces4 ,sec4 #abh4 ,production cr$it 
= ,indian coal facilities4 ,sec4 #abi4  
,en]gy effici5t homes cr$it4 ,sec4 #acj4
 ,special all[ance = second g5]ation    
bi(uel plant prop]ty4 ,sec4 #aca4 ,en]gy
 effici5t comm]cial build+s d$uction4   
,sec4 #acb4 ,special rule = sales or    
dispositions to implem5t ,,f]c or ,/ate 
electric re/ructur+ policy = qualifi$   
electric utilities4 ,sec4 #acc4         
,ext5sion & cl>ification ( excise tax   
cr$its relat+ to alt]native fuels4 ,sec4
 #acd4 ,oil spill liability tru/ fund   
rate4 ,subtitle ,d--,c]ta9 provisions   
expir+ at ! end ( #bjai ,sec4 #ada4 ,new

 m>kets tax cr$it4 ,sec4 #adb4 ,employ] 
cr$it = paid family & m$ical leave4     
,sec4 #adc4 ,"w opportunity cr$it4 ,sec4
 #add4 ,c]ta9 provisions relat$ to be]1 
w9e1 & di/ill$ spirits4 ,sec4 #ade4     
,look-?ru rule = relat$ controll$ =eign 
corporations4 ,sec4 #adf4 ,cr$it = heal?
 insurance co/s ( eligible individuals4 
,title ,,ii--,e/ate & ,gift ,tax ,sec4  
#bja4 ,r$uction ( unifi$ cr$it aga9/    
e/ate tax4 ,title ,,iii--,disa/] tax    
relief ,sec4 #cja4 ,def9itions4 ,sec4   
#cjb4 ,special disa/]-relat$ rules = use
 ( retirem5t funds4 ,sec4 #cjc4         
,employee ret5tion cr$it = employ]s     
affect$ by qualifi$ disa/]s4 ,sec4 #cjd4
 ,o!r disa/]-relat$ tax relief          
provisions4 ,sec4 #cje4 ,automatic      
ext5sion ( fil+ deadl9es 9 case ( c]ta9 
taxpay]s affect$ by ,f$]ally decl>$     
disa/]s4 ,sec4 #cjf4 ,modification ( !  
tax rate = ! excise tax on inve/m5t     
income ( private f\ndations4 ,sec4 #cjg4
 ,additional l[-income h\s+ cr$it       
allocations = qualifi$ #bjag & #bjah    

,cali=nia disa/] areas4 ,sec4 #cjh4     
,treatm5t ( c]ta9 possessions4  7c7     
,am5dm5t ( #aihf ,code ,except z o!rwise
 expressly provid$1 :5ev] 9 ?is ,act an 
am5dm5t or repeal is express$ 9 t]ms (  
an am5dm5t to1 or repeal (1 a section or
 o!r provision1 ! ref]5ce %all be       
consid]$ to be made to a section or o!r 
provision ( ! ,int]nal ,rev5ue ,code (  
#aihf4  ,i ,ext5sion ( c]ta9 expir+     
provisions  ,a ,tax ,relief & ,support =
 ,families & ,individuals  #aja4        
,exclusion f gross income ( dis*>ge (   
qualifi$ pr9cipal resid5ce indebt$ness  
7a7 ,9 g5]al ,section #ajh7;a77#a77;,e7 
is am5d$ by /rik+ ,janu>y #a1 #bjah ea* 
place x appe>s & ins]t+ ,janu>y #a1     
#bjba4  7b7 ,con=m+ am5dm5t ,section    
#ajh7;h77#b7 is am5d$ by ins]t+ &       
det]m9$ )\t reg>d to ! sub/itution      
describ$ 9 section                      
#afc7;h77#c77;,f77i77,,ii7 aft] clause  
7ii7 !re(4  7c7 ,effective date ,!      
am5dm5ts made by ?is section %all apply 
to dis*>ges ( indebt$ness aft] ,decemb] 

#ca1 #bjag4  #ajb4 ,treatm5t ( mortgage 
insurance premiums z qualifi$ resid5ce  
int]e/  7a7 ,9 g5]al ,section           
#afc7;h77#c77;,e77iv77,i7 is am5d$ by   
/rik+ ,decemb] #ca1 #bjag & ins]t+      
,decemb] #ca1 #bjbj4  7b7 ,effective    
date ,! am5dm5t made by ?is section %all
 apply to am\nts paid or incurr$ aft]   
,decemb] #ca1 #bjag4  #ajc4 ,r$uction 9 
m$ical exp5se d$uction floor  7a7 ,9    
g5]al ,section #bac7;f7 is am5d$ to read
 z foll[s3  7f7 ,tempor>y special rule  
,9 ! case ( taxable ye>s beg9n+ be=e    
,janu>y #a1 #bjba1 subsection 7a7 %all  
be appli$ ) respect to a taxpay] by     
sub/itut+ #g4e p]c5t = #aj p]c5t4  4    
7b7 ,alt]native m9imum tax ,section     
#ef7;b77#a7 is am5d$ by /rik+           
subp>agraph 7,b7 & by r$esignat+        
subp>agraphs 7,c71 7,d71 7,e71 & 7,f71 z
 subp>agraphs 7,b71 7,c71 7,d71 & 7,e71 
respectively4  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to taxable ye>s end+ aft] ,decemb] #ca1 
#bjah4  #ajd4 ,d$uction ( qualifi$      

tuition & relat$ exp5ses  7a7 ,9 g5]al  
,section #bbb7;e7 is am5d$ by /rik+     
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7b7 ,effective date ,!     
am5dm5t made by ?is section %all apply  
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjag4  #aje4 ,black lung          
disability tru/ fund excise tax  7a7 ,9 
g5]al ,section #daba7;e77#b77;,a7 is    
am5d$ by /rik+ ,decemb] #ca1 #bjah &    
ins]t+ ,decemb] #ca1 #bjbj4  7b7        
,effective date ,! am5dm5t made by ?is  
section %all apply on & aft] ! fir/ day 
( ! fir/ cal5d> mon? beg9n+ aft] ! date 
( ! enactm5t ( ?is ,act4  ,b ,inc5tives 
= ,employm5t1 ,economic ,gr[?1 &        
,community ,developm5t  #aaa4 ,indian   
employm5t cr$it  7a7 ,9 g5]al ,section  
#de;,a7f7 is am5d$ by /rik+ ,decemb]    
#ca1 #bjag & ins]t+ ,decemb] #ca1 #bjbj4
  7b7 ,effective date ,! am5dm5t made by
 ?is section %all apply to taxable ye>s 
beg9n+ aft] ,decemb] #ca1 #bjag4  #aab4 
,railroad track ma9t5ance cr$it  7a7 ,9 
g5]al ,section #de;,g7f7 is am5d$ by    

/rik+ ,janu>y #a1 #bjah & ins]t+ ,janu>y
 #a1 #bjba4  7b7 ,safe h>bor assignm5ts 
,any assignm5t1 includ+ relat$          
exp5ditures paid or incurr$1 "u section 
#de;,g7b77#b7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf = a taxable ye> beg9n+ on or   
aft] ,janu>y #a1 #bjah1 & be=e ,janu>y  
#a1 #bjai1 %all be treat$ z effective z 
( ! close ( su* taxable ye> if made     
pursuant to a writt5 agreem5t ent]$ into
 no lat] ?an #ij days foll[+ ! date ( ! 
enactm5t ( ?is ,act4  7c7 ,effective    
date ,! am5dm5t made by ?is section %all
 apply to exp5ditures paid or incurr$   
dur+ taxable ye>s beg9n+ aft] ,decemb]  
#ca1 #bjag4  #aac4 ,m9e rescue team     
tra9+ cr$it  7a7 ,9 g5]al ,section      
#de,n7e7 is am5d$ by /rik+ ,decemb] #ca1
 #bjag & ins]t+ ,decemb] #ca1 #bjbj4    
7b7 ,effective date ,! am5dm5t made by  
?is section %all apply to taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjag4  #aad4 
#g-ye> recov]y p]iod = motorsports      
ent]ta9m5t complexes  7a7 ,9 g5]al      
,section #afh7;i77#ae77;,d7 is am5d$ by 

/rik+ ,decemb] #ca1 #bjag & ins]t+      
,decemb] #ca1 #bjbj4  7b7 ,effective    
date ,! am5dm5t made by ?is section %all
 apply to prop]ty plac$ 9 s]vice aft]   
,decemb] #ca1 #bjag4  #aae4 ,accel]at$  
depreciation = bus9ess prop]ty on       
,indian res]vations  7a7 ,9 g5]al       
,section #afh7;j77#i7 is am5d$ by /rik+ 
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7b7 ,effective date ,!     
am5dm5t made by ?is section %all apply  
to prop]ty plac$ 9 s]vice aft] ,decemb] 
#ca1 #bjag4  #aaf4 ,exp5s+ rules = c]ta9
 productions  7a7 ,9 g5]al ,section     
#aha7;g7 is am5d$ by /rik+ ,decemb] #ca1
 #bjag & ins]t+ ,decemb] #ca1 #bjbj4    
7b7 ,effective date ,! am5dm5t made by  
?is section %all apply to productions   
comm5c+ aft] ,decemb] #ca1 #bjag4  #aag4
 ,emp[]m5t zone tax inc5tives  7a7 ,9   
g5]al ,section #acia7;d77#a77;,a77i7 is 
am5d$ by /rik+ ,decemb] #ca1 #bjag &    
ins]t+ ,decemb] #ca1 #bjbj4  7b7        
,treatm5t ( c]ta9 t]m9ation dates       
specifi$ 9 nom9ations ,9 ! case ( a     

designation ( an emp[]m5t zone !        
nom9ation = :i* includ$ a t]m9ation date
 :i* is contemporane\s ) ! date specifi$
 9 subp>agraph 7,a77i7 ( section        
#acia7;d77#a7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf 7z 9 effect be=e ! enactm5t (  
?is ,act71 subp>agraph 7,b7 ( su*       
section %all n apply ) respect to su*   
designation if1 aft] ! date ( ! enactm5t
 ( ?is section1 ! entity :i* made su*   
nom9ation am5ds ! nom9ation to provide =
 a new t]m9ation date 9 su* mann] z !   
,secret>y ( ! ,treasury 7or !           
,secret>y's designee7 may provide4  7c7 
,effective date ,! am5dm5t made by      
subsection 7a7 %all apply to taxable    
ye>s beg9n+ aft] ,decemb] #ca1 #bjag4   
#aah4 ,am]ican ,samoa economic          
developm5t cr$it  7a7 ,9 g5]al ,section 
#aai7;d7 ( division ,a ( ! ,tax ,relief 
& ,heal? ,c>e ,act ( #bjjf is am5d$--   
7#a7 by /rik+ ,janu>y #a1 #bjah ea*     
place x appe>s & ins]t+ ,janu>y #a1     
#bjba1  7#b7 by /rik+ fir/ #ab taxable  
ye>s 9 p>agraph 7#a7 & ins]t+ fir/ #ae  

taxable ye>s1  7#c7 by /rik+ fir/ #f    
taxable ye>s 9 p>agraph 7#b7 & ins]t+   
fir/ #i taxable ye>s1 &  7#d7 by add+ at
 ! end ! foll[+ flu% s5t5ce3 ,9 ! case (
 a corporation describ$ 9 subsection    
7a77#b71 ! ,int]nal ,rev5ue ,code (     
#aihf %all be appli$ & adm9i/]$ )\t     
reg>d to ! am5dm5ts made by section     
#dja7;d77#a7 ( ! ,tax ,te*nical         
,corrections ,act ( #bjah4 4  7b7       
,con=m+ am5dm5t ,section #aai7;e7 (     
division ,a ( ! ,tax ,relief & ,heal?   
,c>e ,act ( #bjjf is am5d$ by ins]t+ 7z 
9 effect be=e its repeal7 aft] section  
#aii ( ! ,int]nal ,rev5ue ,code ( #aihf4
  7c7 ,effective date ,! am5dm5ts made  
by ?is section %all apply to taxable    
ye>s beg9n+ aft] ,decemb] #ca1 #bjag4   
,c ,inc5tives = ,en]gy ,production1     
,effici5cy1 & ,gre5 ,economy ,jobs      
#aba4 ,biodiesel & r5ewable diesel  7a7 
,income tax cr$it  7#a7 ,9 g5]al        
,section #dj;,a7g7 is am5d$ by /rik+    
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  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 ,t]m9ation  7,a7 ,9 g5]al ,section 
#fdbf7;c77#f7 is am5d$ by /rik+ ,decemb]
 #ca1 #bjag & ins]t+ ,decemb] #ca1      
#bjbj4  7,b7 ,paym5ts ,section          
#fdbg7;e77#f77;,b7 is am5d$ by /rik+    
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7#b7 ,effective date ,!    
am5dm5ts made by ?is subsection %all    
apply to fuel sold or us$ aft] ,decemb] 
#ca1 #bjag4  7#c7 ,special rule ,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+ ) ! close (
 ! la/ cal5d> qu>t] beg9n+ be=e ! date (
 ! enactm5t ( ?is ,act1 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  #abb4       
,second g5]ation bi(uel produc] cr$it   
7a7 ,9 g5]al ,section                   
#dj7;b77#f77;,j77i7 is am5d$ by /rik+   
,janu>y #a1 #bjah & ins]t+ ,janu>y #a1  
#bjba4  7b7 ,effective date ,! am5dm5t  
made by ?is section %all apply to       
qualifi$ second g5]ation bi(uel         

production aft] ,decemb] #ca1 #bjag4    
#abc4 ,nonbus9ess en]gy prop]ty  7a7 ,9 
g5]al ,section #be;,c7g77#b7 is am5d$ by
 /rik+ ,decemb] #ca1 #bjag & ins]t+     
,decemb] #ca1 #bjbj4  7b7 ,te*nical     
am5dm5t ,section #be;,c7d77#c7 is       
am5d$--  7#a7 by /rik+ an en]gy factor (
 at lea/ #b4j 9 subp>agraph 7,a7 &      
ins]t+ a ,uni=m ,en]gy ,factor ( at lea/
 #b4b1 &  7#b7 by /rik+ an en]gy factor 
9 subp>agraph 7,d7 & ins]t+ a ,uni=m    
,en]gy ,factor4  7c7 ,effective date ,! 
am5dm5ts made by ?is section %all apply 
to prop]ty plac$ 9 s]vice aft] ,decemb] 
#ca1 #bjag4  #abd4 ,qualifi$ fuel cell  
motor vehicles  7a7 ,9 g5]al ,section   
#cj;,b7k77#a7 is am5d$ by /rik+ ,decemb]
 #ca1 #bjag & ins]t+ ,decemb] #ca1      
#bjbj4  7b7 ,effective date ,! am5dm5t  
made by ?is section %all apply to       
prop]ty pur*as$ aft] ,decemb] #ca1      
#bjag4  #abe4 ,alt]native fuel refuel+  
prop]ty cr$it  7a7 ,9 g5]al ,section    
#cj;,c7g7 is am5d$ by /rik+ ,decemb]    
#ca1 #bjag & ins]t+ ,decemb] #ca1 #bjbj4

  7b7 ,effective date ,! am5dm5t made by
 ?is section %all apply to prop]ty plac$
 9 s]vice aft] ,decemb] #ca1 #bjag4     
#abf4 #b-:eel$ plug-9 electric vehicle  
cr$it  7a7 ,9 g5]al ,section            
#cj;,d7g77#c77;,e77ii7 is am5d$ by /rik+
 ,janu>y #a1 #bjah & ins]t+ ,janu>y #a1 
#bjba4  7b7 ,effective date ,! am5dm5t  
made by ?is section %all apply to       
vehicles acquir$ aft] ,decemb] #ca1     
#bjag4  #abg4 ,cr$it = electricity      
produc$ f c]ta9 r5ewable res\rces  7a7  
,9 g5]al ,! foll[+ provisions ( section 
#de7;d7 are ea* am5d$ by /rik+ ,janu>y  
#a1 #bjah ea* place x appe>s & ins]t+   
,janu>y #a1 #bjba3 7#a7 ,p>agraph       
7#b77;,a74  7#b7 ,p>agraph 7#c77;,a74   
7#c7 ,p>agraph 7#d77;,b74  7#d7         
,p>agraph 7#f74  7#e7 ,p>agraph 7#g74   
7#f7 ,p>agraph 7#i74  7#g7 ,p>agraph    
7#aa77;,b74  7b7 ,ext5sion ( election to
 treat qualifi$ facilities z en]gy      
prop]ty ,section #dh7;a77#e77;,c77ii7 is
 am5d$ by /rik+ ,janu>y #a1 #bjah       
7,janu>y #a1 #bjbj1 9 ! case ( any      

facility :i* is describ$ 9 p>agraph 7#a7
 ( section #de7;d77 & ins]t+ ,janu>y #a1
 #bjba4  7c7 ,application ( ext5sion to 
w9d facilities  7#a7 ,9 g5]al ,section  
#de7;d77#a7 is am5d$ by /rik+ ,janu>y   
#a1 #bjbj & ins]t+ ,janu>y #a1 #bjba4   
7#b7 ,application ( phase\t p]c5tage    
,sections #de7;b77#e77;,c7 &            
#dh7;a77#e77;,e77iii7 are ea* am5d$ by  
/rik+ & be=e ,janu>y #a1 #bjbj14  7d7   
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ,janu>y #a1 
#bjah4  #abh4 ,production cr$it =       
,indian coal facilities  7a7 ,9 g5]al   
,section #de7;e77#aj77;,a7 is am5d$ by  
/rik+ #ab-ye> p]iod ea* place x appe>s &
 ins]t+ #ae-ye> p]iod4  7b7 ,effective  
date ,! am5dm5t made by ?is section %all
 apply to coal produc$ aft] ,decemb]    
#ca1 #bjag4  #abi4 ,en]gy effici5t homes
 cr$it  7a7 ,9 g5]al ,section #de,l7g7  
is am5d$ by /rik+ ,decemb] #ca1 #bjag & 
ins]t+ ,decemb] #ca1 #bjbj4  7b7        
,effective date ,! am5dm5t made by ?is  
section %all apply to homes acquir$ aft]

 ,decemb] #ca1 #bjag4  #acj4 ,special   
all[ance = second g5]ation bi(uel plant 
prop]ty  7a7 ,9 g5]al ,section          
#afh7l77#b77;,d7 is am5d$ by /rik+      
,janu>y #a1 #bjah & ins]t+ ,janu>y #a1  
#bjba4  7b7 ,effective date ,! am5dm5t  
made by ?is section %all apply to       
prop]ty plac$ 9 s]vice aft] ,decemb]    
#ca1 #bjag4  #aca4 ,en]gy effici5t      
comm]cial build+s d$uction  7a7 ,9 g5]al
 ,section #agi;,d7h7 is am5d$ by /rik+  
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7b7 ,effective dates ,!    
am5dm5t made by subsection 7a7 %all     
apply to prop]ty plac$ 9 s]vice aft]    
,decemb] #ca1 #bjag4  #acb4 ,special    
rule = sales or dispositions to implem5t
 ,,f]c or ,/ate electric re/ructur+     
policy = qualifi$ electric utilities    
7a7 ,9 g5]al ,section #dea7k77#c7 is    
am5d$ by /rik+ ,janu>y #a1 #bjah &      
ins]t+ ,janu>y #a1 #bjba4  7b7          
,effective date ,! am5dm5t made by ?is  
section %all apply to dispositions aft] 
,decemb] #ca1 #bjag4  #acc4 ,ext5sion & 

cl>ification ( excise tax cr$its relat+ 
to alt]native fuels  7a7 ,ext5sion  7#a7
 ,9 g5]al ,sections #fdbf7;d77#e7 &     
#fdbf7;e77#c7 are ea* am5d$ by /rik+    
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7#b7 ,outlay paym5ts =     
alt]native fuels ,section               
#fdbg7;e77#f77;,c7 is am5d$ by /rik+    
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7#c7 ,special rule ,not)/&+
 any o!r provision ( law1 9 ! case ( any
 alt]native fuel cr$it prop]ly det]m9$  
"u section #fdbf7;d7 ( ! ,int]nal       
,rev5ue ,code ( #aihf = ! p]iod beg9n+  
on ,janu>y #a1 #bjah1 & end+ ) ! close (
 ! la/ cal5d> qu>t] beg9n+ be=e ! date (
 ! enactm5t ( ?is ,act1 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  7#d7        
,effective date ,! am5dm5ts made by ?is 
subsection %all apply to fuel sold or   
us$ aft] ,decemb] #ca1 #bjag4  7b7      
,cl>ification ( rules reg>d+ alt]native 
fuel mixture cr$it  7#a7 ,9 g5]al       
,p>agraph 7#b7 ( section #fdbf7;e7 is   
am5d$ by /rik+ mixture ( alt]native fuel
 & ins]t+ mixture ( alt]native fuel 7o!r
 ?an a fuel describ$ 9 subp>agraph 7,a71
 7,c71 or 7,f7 ( subsection 7d77#b774   

7#b7 ,effective date ,! am5dm5t made by 
?is section %all apply to-- 7,a7 fuel   
sold or us$ on or aft] ! date ( !       
enactm5t ( ?is ,act1 &  7,b7 fuel sold  
or us$ be=e su* date ( enactm5t1 b only 
to ! ext5t t cr$its & claims ( cr$it "u 
section #fdbf7;e7 ( ! ,int]nal ,rev5ue  
,code ( #aihf ) respect to su* sale or  
use h n be5 paid or all[$ z ( su* date4 
#acd4 ,oil spill liability tru/ fund    
rate  7a7 ,9 g5]al ,section             
#dfaa7;f77#b7 is am5d$ by /rik+ ,decemb]
 #ca1 #bjah & ins]t+ ,decemb] #ca1      
#bjbj4  7b7 ,effective date ,! am5dm5t  
made by ?is section %all apply on & aft]
 ! fir/ day ( ! fir/ cal5d> mon? beg9n+ 
aft] ! date ( ! enactm5t ( ?is ,act4  ,d
 ,c]ta9 provisions expir+ at ! end (    
#bjai  #ada4 ,new m>kets tax cr$it  7a7 
,9 g5]al ,section #de;,d7f77#a7 is am5d$
 by /rik+ & at ! end ( subp>agraph 7,f71
 by /rik+ ! p]iod at ! end ( subp>agraph
 7,g7 & ins]t+ 1 &1 & by add+ at ! end !
 foll[+ new subp>agraph3  7,h7          
#e1jjj1jjj1jjj = #bjbj4  4  7b7 ,c>ryov]

 ( unus$ limitation ,section            
#de;,d7f77#c7 is am5d$ by /rik+ #bjbd & 
ins]t+ #bjbe4  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to cal5d> ye>s beg9n+ aft] ,decemb] #ca1
 #bjai4  #adb4 ,employ] cr$it = paid    
family & m$ical leave  7a7 ,9 g5]al     
,section #de,s7i7 is am5d$ by /rik+     
,decemb] #ca1 #bjai & ins]t+ ,decemb]   
#ca1 #bjbj4  7b7 ,effective date ,!     
am5dm5t made by ?is section %all apply  
to wages paid 9 taxable ye>s beg9n+ aft]
 ,decemb] #ca1 #bjai4  #adc4 ,"w        
opportunity cr$it  7a7 ,9 g5]al ,section
 #ea7;c77#d7 is am5d$ by /rik+ ,decemb] 
#ca1 #bjai & ins]t+ ,decemb] #ca1 #bjbj4
  7b7 ,effective date ,! am5dm5t made by
 ?is section %all apply to individuals  
:o beg9 "w = ! employ] aft] ,decemb]    
#ca1 #bjai4  #add4 ,c]ta9 provisions    
relat$ to be]1 w9e1 & di/ill$ spirits   
7a7 ,exemption = ag+ process ( be]1 w9e1
 & di/ill$ spirits  7#a7 ,9 g5]al       
,section #bfc;,a7f77#d77;,b7 is am5d$ by
 /rik+ ,decemb] #ca1 #bjai & ins]t+     

,decemb] #ca1 #bjbj4  7#b7 ,effective   
date ,! am5dm5t made by ?is subsection  
%all apply to int]e/ co/s paid or accru$
 aft] ,decemb] #ca1 #bjai4  7b7 ,r$uc$  
rate ( excise tax on be]  7#a7 ,9 g5]al 
,p>agraphs 7#a77;,c7 & 7#b77;,a7 (      
section #ejea7;a7 are ea* am5d$ by /rik+
 ,janu>y #a1 #bjbj & ins]t+ ,janu>y #a1 
#bjba4  7#b7 ,effective date ,! am5dm5ts
 made by ?is subsection %all apply to   
be] remov$ aft] ,decemb] #ca1 #bjai4    
7c7 ,transf] ( be] betwe5 bond$         
facilities  7#a7 ,9 g5]al ,section      
#edad7;b77#c7 is am5d$ by /rik+ ,decemb]
 #ca1 #bjai & ins]t+ ,decemb] #ca1      
#bjbj4  7#b7 ,effective date ,! am5dm5t 
made by ?is subsection %all apply to    
cal5d> qu>t]s beg9n+ aft] ,decemb] #ca1 
#bjai4  7d7 ,r$uc$ rate ( excise tax on 
c]ta9 w9e  7#a7 ,9 g5]al ,section       
#ejda7;c77#h77;,a7 is am5d$ by /rik+    
,janu>y #a1 #bjbj & ins]t+ ,janu>y #a1  
#bjba4  7#b7 ,con=m+ am5dm5t ,! head+ ( 
section #ejda7;c77#h7 is am5d$ by /rik+ 
,special rule = #bjah & #bjai & ins]t+  

,tempor>y special rule4  7#c7 ,effective
 date ,! am5dm5ts made by ?is subsection
 %all apply to w9e remov$ aft] ,decemb] 
#ca1 #bjai4  7e7 ,adju/m5t ( alcohol    
cont5t level = application ( excise     
taxes  7#a7 ,9 g5]al ,p>agraphs 7#a7 &  
7#b7 ( section #ejda7;b7 are ea* am5d$  
by /rik+ ,janu>y #a1 #bjbj & ins]t+     
,janu>y #a1 #bjba4  7#b7 ,effective date
 ,! am5dm5ts made by ?is subsection %all
 apply to w9e remov$ aft] ,decemb] #ca1 
#bjai4  7f7 ,def9ition ( mead & l[      
alcohol by volume w9e  7#a7 ,9 g5]al    
,section #ejda7;h77#c7 is am5d$ by /rik+
 ,decemb] #ca1 #bjai & ins]t+ ,decemb]  
#ca1 #bjbj4  7#b7 ,effective date ,!    
am5dm5t made by ?is subsection %all     
apply to w9e remov$ aft] ,decemb] #ca1  
#bjai4  7g7 ,r$uc$ rate ( excise tax on 
c]ta9 di/ill$ spirits  7#a7 ,9 g5]al    
,section #ejja7;c77#d7 is am5d$ by /rik+
 ,decemb] #ca1 #bjai & ins]t+ ,decemb]  
#ca1 #bjbj4  7#b7 ,con=m+ am5dm5t ,!    
head+ ( section #ejja7;c7 is am5d$ by   
/rik+ ,r$uc$ rate = #bjah & #bjai &     

ins]t+ ,tempor>y r$uc$ rate4  7#c7      
,effective date ,! am5dm5ts made by ?is 
subsection %all apply to di/ill$ spirits
 remov$ aft] ,decemb] #ca1 #bjai4  7h7  
,bulk di/ill$ spirits  7#a7 ,9 g5]al    
,section #ebab is am5d$ by /rik+ ,janu>y
 #a1 #bjbj & ins]t+ ,janu>y #a1 #bjba4  
7#b7 ,effective date ,! am5dm5t made by 
?is subsection %all apply to di/ill$    
spirits transf]r$ 9 bond aft] ,decemb]  
#ca1 #bjai4  7i7 ,simplification ( rules
 reg>d+ records1 /atem5ts1 & returns    
7#a7 ,9 g5]al ,section #eeee7;a7 is     
am5d$ by /rik+ ,janu>y #a1 #bjbj &      
ins]t+ ,janu>y #a1 #bjba4  7#b7         
,effective date ,! am5dm5t made by ?is  
subsection %all apply to cal5d> qu>t]s  
beg9n+ aft] ,decemb] #ca1 #bjai4  #ade4 
,look-?ru rule = relat$ controll$ =eign 
corporations  7a7 ,9 g5]al ,section     
#ied7;c77#f77;,c7 is am5d$ by /rik+     
,janu>y #a1 #bjbj & ins]t+ ,janu>y #a1  
#bjba4  7b7 ,effective date ,! am5dm5t  
made by ?is section %all apply to       
taxable ye>s ( =eign corporations beg9n+

 aft] ,decemb] #ca1 #bjai1 & to taxable 
ye>s ( ,unit$ ,/ates %>ehold]s ) or )9  
:i* su* taxable ye>s ( =eign            
corporations end4  #adf4 ,cr$it = heal? 
insurance co/s ( eligible individuals   
7a7 ,9 g5]al ,section #ce7;b77#a77;,b7  
is am5d$ by /rik+ ,janu>y #a1 #bjbj &   
ins]t+ ,janu>y #a1 #bjba4  7b7          
,effective date ,! am5dm5t made by ?is  
section %all apply to mon?s beg9n+ aft] 
,decemb] #ca1 #bjai4  ,,ii ,e/ate &     
,gift ,tax  #bja4 ,r$uction ( unifi$    
cr$it aga9/ e/ate tax  7a7 ,9 g5]al     
,section #bjaj7;c77#c77;,c7 is am5d$ by 
/rik+ ,janu>y #a1 #bjbf & ins]t+ ,janu>y
 #a1 #bjbc4  7b7 ,effective date ,!     
am5dm5t made by ?is section %all apply  
to e/ates ( dec$5ts dy+ & gifts made    
aft] ,decemb] #ca1 #bjbb4  ,,iii ,disa/]
 tax relief  #cja4 ,def9itions ,=       
purposes ( ?is title-- 7#a7 ,qualifi$   
disa/] area  7,a7 ,9 g5]al ,! t]m       
qualifi$ disa/] area means any area )   
respect to :i* a major disa/] 0 decl>$1 
dur+ ! p]iod beg9n+ on ,janu>y #a1      

#bjah1 & end+ on ! date :i* is #fj days 
aft] ! date ( ! enactm5t ( ?is ,act1 by 
! ,presid5t "u section #dja ( ! ,rob]t  
,t4 ,/af=d ,disa/] ,relief & ,em]g5cy   
,assi/ance ,act if ! incid5t p]iod ( !  
disa/] ) respect to :i* su* decl>ation  
is made beg9s on or be=e ! date ( !     
enactm5t ( ?is ,act4  7,b7 ,d5ial (     
d\ble b5efit ,su* t]m %all n include !  
,cali=nia wildfire disa/] area 7z def9$ 
9 section #bjaja ( subdivision #b (     
division ,b ( ! ,bip>tisan ,budget ,act 
( #bjah74  7#b7 ,qualifi$ disa/] zone ,!
 t]m qualifi$ disa/] zone means t       
portion ( any qualifi$ disa/] area :i* 0
 det]m9$ by ! ,presid5t1 dur+ ! p]iod   
beg9n+ on ,janu>y #a1 #bjah1 & end+ on !
 date :i* is #fj days aft] ! date ( !   
enactm5t ( ?is ,act1 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#d7 ,incid5t p]iod ,!   
t]m incid5t p]iod means1 ) respect to   
any qualifi$ disa/]1 ! p]iod specifi$ by
 ! ,f$]al ,em]g5cy ,managem5t ,ag5cy z !
 p]iod dur+ :i* su* disa/] occurr$      
7except t = purposes ( ?is title su*    
p]iod %all n be treat$ z beg9n+ be=e    
,janu>y #a1 #bjah1 or end+ aft] ! date  
:i* is #cj days aft] ! date ( ! enactm5t
 ( ?is ,act74  #cjb4 ,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/]4  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--    
7i7 on or aft] ! fir/ day ( ! incid5t   
p]iod ( a qualifi$ disa/] & be=e ! date 
:i* is #ahj days aft] ! date ( !        
enactm5t ( ?is ,act1 &  7ii7 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;,b77i71           
#djc7;b77#g77;,a77ii71 #djc7;b77#aa71 & 
#deg7;d77#a77;,a7 ( su* ,code4  7b7     
,recontributions ( )drawals = home      
pur*ases  7#a7 ,recontributions  7,a7 ,9
 g5]al ,any individual :o receiv$ a     
qualifi$ di/ribution may1 dur+ !        

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$ dur+ ! p]iod beg9n+ on ! date   
:i* is #ahj days be=e ! fir/ day ( !    
incid5t p]iod ( su* qualifi$ disa/] &   
end+ on ! date :i* is #cj days aft] !   
la/ day ( su* incid5t p]iod4  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 !    
fir/ day ( ! incid5t p]iod ( su*        
qualifi$ disa/] & end+ on ! date :i* is 
#ahj days aft] ! date ( ! enactm5t ( ?is
 ,act4  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+ ! #ahj-;day p]iod beg9n+ on ! 
date ( ! enactm5t ( ?is ,act--  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 7on or aft] ! fir/ day ( ! incid5t 
p]iod ( 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 ! fir/ day ( ! incid5t p]iod (
 su* qualifi$ disa/] & end+ on ! date   
:i* is #ahj days aft] ! la/ day ( su*   
incid5t p]iod1 su* due date %all be     
delay$ = #a ye> 7or1 if lat]1 until !   
date :i* is #ahj days aft] ! date ( !   
enactm5t ( ?is ,act71  7,b7 any         

subsequ5t repaym5ts ) respect to any su*
 loan %all be appropriately adju/$ to   
reflect ! delay 9 ! due date "u         
subp>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  #cjc4 ,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$it li/$ at ! end (
 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 ,! am\nt ( qualifi$   
wages ) respect to any employee :i* may 
be tak5 into acc\nt "u ?is subsection by
 ! employ] = any taxable ye> %all n     
exce$ #f1jjj 7r$uc$ by ! am\nt (        

qualifi$ wages ) respect to su* employee
 :i* may be s tak5 into acc\nt = any    
prior taxable ye>74  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 dur+ ! p]iod beg9n+ on ! fir/
 day ( ! incid5t p]iod ( su* qualifi$   
disa/] & end+ on ! date ( ! enactm5t (  
?is ,act1 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 ) su* eligible employ]        
7det]m9$ imm$iately be=e ! qualifi$     
disa/] ref]r$ to 9 p>agraph 7#a77 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 on or
 aft] ! date on :i* ! trade or bus9ess  
describ$ 9 p>agraph 7#a7 fir/ became    
inop]able at ! pr9cipal place (         
employm5t ( ! employee 7det]m9$         
imm$iately be=e ! qualifi$ disa/] ref]r$
 to 9 su* p>agraph7 & be=e ! e>li] (--  
7,a7 ! date on :i* su* trade or bus9ess 
has resum$ significant op]ations at su* 
pr9cipal place ( employm5t1 or  7,b7 !  
date :i* #aej days aft] ! la/ day ( !   
incid5t p]iod ( ! qualifi$ disa/] ref]r$
 to 9 p>agraph 7#a74  ,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$it "u section #ea ( !    
,int]nal ,rev5ue ,code ( #aihf ) respect
 to su* employee = su* p]iod4  #cjd4    
,o!r disa/]-relat$ tax relief provisions
  7a7 ,tempor>y increase 9 limitation on
 qualifi$ contributions  7#a7 ,susp5sion
 ( curr5t limitation ,except z o!rwise  
provid$ 9 p>agraph 7#b71 qualifi$       
contributions %all be disreg>d$ 9 apply+
 subsections 7b7 & 7d7 ( section #agj ( 
! ,int]nal ,rev5ue ,code ( #aihf4  7#b7 
,application ( increas$ limitation ,=   
purposes ( section #agj ( ! ,int]nal    
,rev5ue ,code ( #aihf-- 7,a7            
,individuals ,9 ! case ( an individual--
  7i7 ,limitation ,any qualifi$         
contribution %all be all[$ z a d$uction 

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 section                     
#agj7;b77#a77;,g77ii74  7,b7            
,corporations ,9 ! case ( a             
corporation-- 7i7 ,limitation ,any      
qualifi$ contribution %all be all[$ z a 
d$uction only to ! ext5t t ! aggregate (
 su* contributions does n exce$ ! 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] ,if ! aggregate
 am\nt ( qualifi$ contributions made 9 !

 contribution ye> 7)9 ! mean+ ( section 
#agj7;d77#b7 ( su* ,code7 exce$s !      
limitation ( clause 7i71 su* excess %all
 be appropriately tak5 into acc\nt "u   
section #agj7;d77#b7 subject to !       
limitations !re(4  7#c7 ,qualifi$       
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    
paid1 dur+ ! p]iod beg9n+ on ,janu>y #a1
 #bjah1 & end+ on ! date :i* is #fj days
 aft] ! date ( ! enactm5t ( ?is ,act1 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] ! fir/ day ( ! incid5t  
p]iod ( ! 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 
subsection-- 7,a7 ,9 g5]al ,! t]m       
qualifi$ individual means any individual
 ^: pr9cipal place ( abode at any "t    
dur+ ! incid5t p]iod ( any qualifi$     
disa/] 0 locat$--  7i7 9 ! qualifi$     
disa/] zone ) respect to su* qualifi$   
disa/]1 or  7ii7 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,b7 ,hurricane ,s&y ,! t]m    
qualifi$ individual includes any        
individual ^: pr9cipal place ( abode at 
any "t dur+ ! p]iod beg9n+ on ,octob]   
#bi1 #bjab1 & end+ on ,novemb] #c1      
#bjab1 0 locat$--  7i7 9 t portion ( !  
area describ$ 9 clause 7ii7 :i* 0       
det]m9$ by ! ,presid5t to w>rant        
individual or individual & public       
assi/ance f ! ,f$]al ,gov]nm5t "u !     
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act by reason (    
,hurricane ,s&y1 or  7ii7 9 ! area )    
respect to :i* a major disa/] 0 decl>$  
by ! ,presid5t "u section #dja ( !      
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act by reason (    
,hurricane ,s&y & su* individual 0      
displac$ f su* pr9cipal place ( abode by
 reason ( ,hurricane ,s&y4  7#c7        

,applicable taxable ye> ,! t]m          
applicable taxable ye> means-- 7,a7 9 ! 
case ( a qualifi$ individual o!r ?an an 
individual describ$ 9 subp>agraph 7,b71 
any taxable ye> :i* includes any portion
 ( ! incid5t p]iod ( ! qualifi$ disa/]  
to :i* ! qualifi$ disa/] area ref]r$ to 
9 p>agraph 7#b77;,a7 relates1 or  7,b7 9
 ! case ( a qualifi$ individual describ$
 9 subp>agraph 7,b7 ( p>agraph 7#b71 any
 taxable ye> :i* includes any portion ( 
! p]iod describ$ 9 su* subp>agraph4     
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  7,e7    
,ext5sion ( p]iod ( limitation = c]ta9  
individuals affect$ by ,hurricane ,s&y  
7i7 ,9 g5]al ,9 ! case ( an individual  
describ$ 9 p>agraph 7#b77;,b71 ! p]iod (
 limitation prescrib$ by section        
#feaa7;a7 ( ! ,int]nal ,rev5ue ,code (  
#aihf = any applicable taxable ye> %all 
be ext5d$ until ! date prescrib$ by law 
7includ+ ext5sions7 = fil+ ! return (   
tax = ! taxable ye> t includes ! date ( 

! enactm5t ( ?is ,act1 & section        
#feaa7;b77#b7 ( su* ,code %all n apply  
to any claim ( cr$it or refund ) respect
 to ! return = su* applicable tax ye>4  
7ii7 ,am5dm5ts1 etc4 re/rict$ to *anges 
to e>n$ income ,clause 7i7 %all apply   
only ) respect to am5dm5ts to ! return (
 tax1 & claims = cr$it or refund1 relat+
 to a *ange 9 ! e>n$ income ( !         
individual4  #cje4 ,automatic ext5sion (
 fil+ deadl9es 9 case ( c]ta9 taxpay]s  
affect$ by ,f$]ally decl>$ disa/]s  7a7 
,9 g5]al ,section #gejh;,a is am5d$ by  
add+ at ! end ! foll[+ new subsection3  
7d7 ,m&atory #fj-;day ext5sion  7#a7 ,9 
g5]al ,9 ! case ( any qualifi$ taxpay]1 
! p]iod--  7,a7 beg9n+ on ! e>lie/      
incid5t date specifi$ 9 ! decl>ation to 
:i* ! disa/] area ref]r$ to 9 p>agraph  
7#b7 relates1 &  7,b7 end+ on ! date :i*
 is #fj days aft] ! late/ incid5t date s
 specifi$1  %all be disreg>d$ 9 ! same  
mann] z a p]iod specifi$ "u subsection  
7a74  7#b7 ,qualifi$ taxpay] ,= purposes
 ( ?is subsection1 ! t]m qualifi$       

taxpay] means--  7,a7 any individual ^: 
pr9cipal resid5ce 7= purposes ( section 
#ajcc7;h77#d77 is locat$ 9 a disa/]     
area1  7,b7 any taxpay] if ! taxpay]'s  
pr9cipal place ( bus9ess 7o!r ?an !     
bus9ess ( p]=m+ s]vices z an employee7  
is locat$ 9 a disa/] area1  7,c7 any    
individual :o is a relief work]         
affiliat$ ) a recogniz$ gov]nm5t or     
philan?ropic organization & :o is assi/+
 9 a disa/] area1  7,d7 any taxpay] ^:  
records necess>y to meet a deadl9e = an 
act describ$ 9 section #gejh7;a77#a7 are
 ma9ta9$ 9 a disa/] area1  7,e7 any     
individual visit+ a disa/] area :o 0    
kill$ or injur$ z a result ( ! disa/]1 &
  7,f7 solely ) respect to a jo9t       
return1 any sp\se ( an individual       
describ$ 9 any prec$+ subp>agraph ( ?is 
p>agraph4  7#c7 ,disa/] area ,= purposes
 ( ?is subsection1 ! t]m disa/] area has
 ! mean+ giv5 su* t]m "u subp>agraph    
7,b7 ( section #afe7;i77#e7 ) respect to
 a ,f$]ally decl>$ disa/] 7z def9$ 9    
subp>agraph 7,a7 ( su* section74  7#d7  

,application to rules reg>d+ p5sions ,9 
! case ( any p]son describ$ 9 subsection
 7b71 a rule simil> to ! rule ( p>agraph
 7#a7 %all apply = purposes ( subsection
 7b7 ) respect to--  7,a7 mak+          
contributions to a qualifi$ retirem5t   
plan 7)9 ! mean+ ( section #digd7;c77 "u
 section #bai7;f77#c71 #djd7;a77#f71    
#djd7;h77#a77;,b71 or #djd7m77#b71  7,b7
 mak+ di/ributions "u section           
#djh7;d77#d71  7,c7 re*>act]iz+         
contributions "u section #djh;,a7d77#f71
 &  7,d7 mak+ a rollov] "u section      
#djb7;c71 #djc7;a77#d71 #djc7;b77#h71 or
 #djh7;d77#c74  7#e7 ,coord9ation )     
p]iods specifi$ by ! ,secret>y ,any     
p]iod describ$ 9 p>agraph 7#a7 ) respect
 to any p]son 7includ+ by reason ( !    
application ( p>agraph 7#d77 %all be 9  
addition to 7or concurr5t )1 z ! case   
may be7 any p]iod specifi$ "u subsection
 7a7 or 7b7 ) respect to su* p]son4  4  
7b7 ,effective date ,! am5dm5t made by  
?is section %all apply to f$]ally decl>$
 disa/]s decl>$ aft] ! date ( ! enactm5t

 ( ?is ,act4  #cjf4 ,modification ( !   
tax rate = ! excise tax on inve/m5t     
income ( private f\ndations  7a7 ,9     
g5]al ,section #didj7;a7 is am5d$ by    
/rik+ #b p]c5t & ins]t+ #a4ci p]c5t4    
7b7 ,elim9ation ( r$uc$ tax :]e         
f\ndation meets c]ta9 di/ribution       
requirem5ts ,section #didj ( su* ,code  
is am5d$ by /rik+ subsection 7e74  7c7  
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #cjg4 ,additional l[-income h\s+ 
cr$it allocations = qualifi$ #bjag &    
#bjah ,cali=nia disa/] areas  7a7 ,9    
g5]al ,= purposes ( section #db ( !     
,int]nal ,rev5ue ,code ( #aihf1 ! ,/ate 
h\s+ cr$it ceil+ = ,cali=nia = cal5d>   
ye> #bjai %all be increas$ by ! less]   
(--  7#a7 ! aggregate h\s+ cr$it doll>  
am\nt allocat$ by ! ,/ate h\s+ cr$it    
ag5cies ( ,cali=nia = su* cal5d> ye> to 
build+s locat$ 9 qualifi$ #bjag & #bjah 
,cali=nia disa/] areas1 or  7#b7 #ej    
p]c5t ( ! sum ( ! ,/ate h\s+ cr$it      

ceil+s = ,cali=nia = cal5d> ye>s #bjag &
 #bjah4  7b7 ,allocations treat$ z made 
fir/ f additional allocation = purposes 
( det]m9+ c>ryov] ,= purposes ( det]m9+ 
! unus$ ,/ate h\s+ cr$it ceil+ = any    
cal5d> ye> "u section #db7;h77#c77;,c7 (
 ! ,int]nal ,rev5ue ,code ( #aihf1 any  
increase 9 ! ,/ate h\s+ cr$it ceil+ "u  
subsection 7a7 %all be treat$ z an am\nt
 describ$ 9 clause 7ii7 ( su* section4  
7c7 ,def9itions ,= purposes ( ?is       
section-- 7#a7 ,qualifi$ #bjag & #bjah  
,cali=nia disa/] areas ,! t]m qualifi$  
#bjag & #bjah ,cali=nia disa/] areas    
means any area 9 ,cali=nia :i* 0 det]m9$
 by ! ,presid5t 7be=e ,janu>y #a1 #bjai7
 to w>rant individual or individual &   
public assi/ance f ! ,f$]al ,gov]nm5t "u
 ! ,rob]t ,t4 ,/af=d ,disa/] ,relief &  
,em]g5cy ,assi/ance ,act by reason ( a  
major disa/] ! incid5t p]iod ( :i* beg9s
 or ends 9 cal5d> ye> #bjag or #bjah4   
,not)/&+ section #cja1 = purposes ( !   
prec$+ s5t5ce1 ! t]m incid5t p]iod means
 ! p]iod specifi$ by ! ,f$]al ,em]g5cy  

,managem5t ,ag5cy z ! p]iod dur+ :i* !  
disa/] occurr$4  7#b7 ,o!r def9itions   
,t]ms us$ 9 ?is section :i* are also us$
 9 section #db ( ! ,int]nal ,rev5ue     
,code ( #aihf %all h ! same mean+ 9 ?is 
section z 9 su* section #db4  #cjh4     
,treatm5t ( c]ta9 possessions  7a7      
,paym5ts to possessions ) mirror code   
tax sy/ems ,! ,secret>y ( ! ,treasury   
%all pay to ea* possession ( ! ,unit$   
,/ates :i* has a mirror code tax sy/em  
am\nts equal to ! loss 7if any7 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 o!r possessions ,!      
,secret>y ( ! ,treasury %all pay to ea* 
possession ( ! ,unit$ ,/ates :i* does n 
h a mirror code tax sy/em am\nts e/imat$
 by ! ,secret>y ( ! ,treasury z be+     
equal to ! aggregate b5efits 7if any7 t 
w\ld h be5 provid$ to resid5ts ( su*    
possession by reason ( ! provisions (   

?is title if a mirror code tax sy/em _h 
be5 9 effect 9 su* possession4 ,! prec$+
 s5t5ce %all n apply unless ! respective
 possession has a plan1 :i* has be5     
approv$ by ! ,secret>y ( ! ,treasury1 "u
 :i* su* possession w promptly di/ribute
 su* paym5ts to its resid5ts4  7c7      
,mirror code tax sy/em ,= purposes ( ?is
 section1 ! 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  7d7      
,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  ,janu>y #ba1   
#bjbj ,report$ ) an am5dm5t1 committ$ to
 ! ,committee ( ! ,:ole ,h\se on ! ,/ate
 ( ! ,union1 & ord]$ to be pr9t$