116 HR 3301 RH: Taxpayer Certainty and Disaster Tax Relief Act of 2019
U.S. House of Representatives
2020-01-21
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EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
1.
(a)This Act may be cited as the Taxpayer Certainty and Disaster Tax Relief Act of 2019
. (b)The table of contents for this Act is as follows:
Sec. 1. Short title; etc.
Title I—Extension of certain expiring provisions
Subtitle A—Tax Relief and Support for Families and Individuals
Sec. 101. Exclusion from gross income of discharge of qualified principal residence indebtedness.
Sec. 102. Treatment of mortgage insurance premiums as qualified residence interest.
Sec. 103. Reduction in medical expense deduction floor.
Sec. 104. Deduction of qualified tuition and related expenses.
Sec. 105. Black lung disability trust fund excise tax.
Subtitle B—Incentives for Employment, Economic Growth, and Community Development
Sec. 111. Indian employment credit.
Sec. 112. Railroad track maintenance credit.
Sec. 113. Mine rescue team training credit.
Sec. 114. 7-year recovery period for motorsports entertainment complexes.
Sec. 115. Accelerated depreciation for business property on Indian reservations.
Sec. 116. Expensing rules for certain productions.
Sec. 117. Empowerment zone tax incentives.
Sec. 118. American Samoa economic development credit.
Subtitle C—Incentives for Energy Production, Efficiency, and Green Economy Jobs
Sec. 121. Biodiesel and renewable diesel.
Sec. 122. Second generation biofuel producer credit.
Sec. 123. Nonbusiness energy property.
Sec. 124. Qualified fuel cell motor vehicles.
Sec. 125. Alternative fuel refueling property credit.
Sec. 126. 2-wheeled plug-in electric vehicle credit.
Sec. 127. Credit for electricity produced from certain renewable resources.
Sec. 128. Production credit for Indian coal facilities.
Sec. 129. Energy efficient homes credit.
Sec. 130. Special allowance for second generation biofuel plant property.
Sec. 131. Energy efficient commercial buildings deduction.
Sec. 132. Special rule for sales or dispositions to implement FERC or State electric restructuring
policy for qualified electric utilities.
Sec. 133. Extension and clarification of excise tax credits relating to alternative fuels.
Sec. 134. Oil spill liability trust fund rate.
Subtitle D—Certain provisions expiring at the end of 2019
Sec. 141. New markets tax credit.
Sec. 142. Employer credit for paid family and medical leave.
Sec. 143. Work opportunity credit.
Sec. 144. Certain provisions related to beer, wine, and distilled spirits.
Sec. 145. Look-thru rule for related controlled foreign corporations.
Sec. 146. Credit for health insurance costs of eligible individuals.
Title II—Estate and Gift Tax
Sec. 201. Reduction of unified credit against estate tax.
Title III—Disaster tax relief
Sec. 301. Definitions.
Sec. 302. Special disaster-related rules for use of retirement funds.
Sec. 303. Employee retention credit for employers affected by qualified disasters.
Sec. 304. Other disaster-related tax relief provisions.
Sec. 305. Automatic extension of filing deadlines in case of certain taxpayers affected by
Federally declared disasters.
Sec. 306. Modification of the tax rate for the excise tax on investment income of private
foundations.
Sec. 307. Additional low-income housing credit allocations for qualified 2017 and 2018 California
disaster areas.
Sec. 308. Treatment of certain possessions.
(c)Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.
<enum>I</enum><header>Extension of certain expiring provisions</header>
<subtitle id="H45AE49E03ECE4B7DBC453CC3EDDB2E79"><enum>A</enum><header>Tax Relief and Support for Families and Individuals</header>
<section id="H72055384A5A54B90BBD70A5DFDFCCB94"><enum>101.</enum><header>Exclusion from gross income of discharge of qualified principal residence indebtedness</header>
<subsection id="H53125C2D6D804F04A9700071453F73A0"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/108">Section 108(a)(1)(E)</external-xref> is amended by striking <quote>January 1, 2018</quote> each place it appears and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="H522402879EAC4FB8AD8E7D60C09A8751"><enum>(b)</enum><header>Conforming amendment</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/108">Section 108(h)(2)</external-xref> is amended by inserting <quote>and determined without regard to the substitution described in section 163(h)(3)(F)(i)(II)</quote> after <quote>clause (ii) thereof</quote>.</text>
</subsection><subsection id="H353D8E7963A0495684A307F91607956E"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to discharges of indebtedness after December 31, 2017.</text>
</subsection></section><section id="H489F210E9EA447B7AEC7BDAE3B936194"><enum>102.</enum><header>Treatment of mortgage insurance premiums as qualified residence interest</header>
<subsection id="H6A731D6D6BDF4C19A971A90E4EC35EFA"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/163">Section 163(h)(3)(E)(iv)(I)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HD8822C59299B43C38938AFEFD395FA54"><enum>(b)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to amounts paid or incurred after December 31, 2017.</text>
</subsection></section><section id="HBBEFB54962464D0089CD2C8DA74C1425"><enum>103.</enum><header>Reduction in medical expense deduction floor</header>
<subsection id="H458789A830B543D8B49666D9D809E775"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/213">Section 213(f)</external-xref> is amended to read as follows:</text> <quoted-block changed="added" committee-id="HWM00" display-inline="no-display-inline" id="H4AB0C703062E44559E604FA370733174" reported-display-style="italic" style="OLC"> <subsection id="H7188638050684FDF988E502B00C2CE97"><enum>(f)</enum><header>Temporary special rule</header><text display-inline="yes-display-inline">In the case of taxable years beginning before January 1, 2021, subsection (a) shall be applied with respect to a taxpayer by substituting <quote>7.5 percent</quote> for <quote>10 percent</quote>.</text></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H51B95130A6A546169D76EFB9A48F73BE"><enum>(b)</enum><header>Alternative minimum tax</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/56">Section 56(b)(1)</external-xref> is amended by striking subparagraph (B) and by redesignating subparagraphs (C), (D), (E), and (F), as subparagraphs (B), (C), (D), and (E), respectively.</text>
</subsection><subsection id="H4E06CE4B72A548D8AC343DD91FCE9676"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to taxable years ending after December 31, 2018.</text> </subsection></section><section id="HFC0A377275114815B4DC3EDCDDDC2C81"><enum>104.</enum><header>Deduction of qualified tuition and related expenses</header> <subsection id="HEE1F6789DCF64570971FEBD6DB36BCA8"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/222">Section 222(e)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text>
</subsection><subsection id="HD4AEA72DCF0B457695322FDF1F6534F5"><enum>(b)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to taxable years beginning after December 31, 2017.</text> </subsection></section><section id="HB6B05CB8762248078877D54B12A6E87A"><enum>105.</enum><header>Black lung disability trust fund excise tax</header> <subsection id="H17444F3B32F449E8BD16750F24D79B9D"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/4121">Section 4121(e)(2)(A)</external-xref> is amended by striking <quote>December 31, 2018</quote> and inserting <quote>December 31, 2020</quote>.</text>
</subsection><subsection id="H78F8315C4DFD405A8D514C98728FC493"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply on and after the first day of the first calendar month beginning after the date of the enactment of this Act.</text>
</subsection></section></subtitle><subtitle id="HFC74EBBDB34B4E449439D2668D04D6A9"><enum>B</enum><header>Incentives for Employment, Economic Growth, and Community Development</header>
<section id="HB455A2739A4A490CBCEA519E720D75DA"><enum>111.</enum><header>Indian employment credit</header>
<subsection id="HBAC3F3104E5B4FF5A7C0CA9C33D3601C"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45A">Section 45A(f)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HEDDB59D8DEFA4B1DAAF54A87543536AA"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to taxable years beginning after December 31, 2017.</text>
</subsection></section><section id="H4B23745363424C998F73B5935AC2FE7C"><enum>112.</enum><header>Railroad track maintenance credit</header>
<subsection id="H78668B6469134B288F1136415266DCFA"><enum>(a)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/45G">Section 45G(f)</external-xref> is amended by striking <quote>January 1, 2018</quote> and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="H9D18E2E04D9743BFB781550F761583E2"><enum>(b)</enum><header>Safe harbor assignments</header><text display-inline="yes-display-inline">Any assignment, including related expenditures paid or incurred, under <external-xref legal-doc="usc" parsable-cite="usc/26/45G">section 45G(b)(2)</external-xref> of the Internal Revenue Code of 1986 for a taxable year beginning on or after January 1, 2018, and before January 1, 2019, shall be treated as effective as of the close of such taxable year if made pursuant to a written agreement entered into no later than 90 days following the date of the enactment of this Act.</text>
</subsection><subsection id="H4C21CBBDB83E43FDA79286E3FEDFB355"><enum>(c)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to expenditures paid or incurred during taxable years beginning after December 31, 2017.</text>
</subsection></section><section id="HE90C7391270648D484CA60BC02DF69F7"><enum>113.</enum><header>Mine rescue team training credit</header>
<subsection id="HF12288412C294CEE939C1DF389EDE89F"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45N">Section 45N(e)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HDE5F45D5CCDC4295A4065F6159FD2DD1"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to taxable years beginning after December 31, 2017.</text>
</subsection></section><section id="HCC7354DB576F46489F8B0F7B82FDB45F"><enum>114.</enum><header>7-year recovery period for motorsports entertainment complexes</header>
<subsection id="H88AD3F11652846919CD874039E75CCAF"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/168">Section 168(i)(15)(D)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H39F5F2FED32C402E938A9A16E6AC6C0A"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to property placed in service after December 31, 2017.</text>
</subsection></section><section id="H1D744DA5D9AB46D58035F5290035B8D8"><enum>115.</enum><header>Accelerated depreciation for business property on Indian reservations</header>
<subsection id="HFFEC2D35B62943228A7EEBC53097833C"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/168">Section 168(j)(9)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HDAA50594A96F4D9A8164C54256C66E7C"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to property placed in service after December 31, 2017.</text>
</subsection></section><section id="H3460AAD0E4614FBE8235E099DB4644CC"><enum>116.</enum><header>Expensing rules for certain productions</header>
<subsection id="HFDF506A6D5D1425BA12C1A605CF059D1"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/181">Section 181(g)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H7B9815F79F564849BF8FC8B444BA5926"><enum>(b)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to productions commencing after December 31, 2017.</text>
</subsection></section><section id="H5471A248EDD84A5980753F4530D19F09"><enum>117.</enum><header>Empowerment zone tax incentives</header>
<subsection id="H88FE50C13D2B44C48E0EBCBB163E2BD7"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/1391">Section 1391(d)(1)(A)(i)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HD7B6D6F9DB5144C6AAB396A61FB30A5D"><enum>(b)</enum><header>Treatment of certain termination dates specified in nominations</header><text display-inline="yes-display-inline">In the case of a designation of an empowerment zone the nomination for which included a termination date which is contemporaneous with the date specified in subparagraph (A)(i) of <external-xref legal-doc="usc" parsable-cite="usc/26/1391">section 1391(d)(1)</external-xref> of the Internal Revenue Code of 1986 (as in effect before the enactment of this Act), subparagraph (B) of such section shall not apply with respect to such designation if, after the date of the enactment of this section, the entity which made such nomination amends the nomination to provide for a new termination date in such manner as the Secretary of the Treasury (or the Secretary’s designee) may provide.</text>
</subsection><subsection id="HB9263F68D0714FEA8D942F4363E955E0"><enum>(c)</enum><header>Effective date</header><text>The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2017.</text>
</subsection></section><section id="H1DAA1CA352424C5CB04C35E3EA28776F"><enum>118.</enum><header>American Samoa economic development credit</header>
<subsection id="HDA16D39A2E5D4F09B7D4C515E262FFBA"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 119(d) of division A of the Tax Relief and Health Care Act of 2006 is amended—</text> <paragraph id="HF1DE36740D634943BD9DDA95D6F60756"><enum>(1)</enum><text>by striking <quote>January 1, 2018</quote> each place it appears and inserting <quote>January 1, 2021</quote>,</text>
</paragraph><paragraph id="HAC9BF0910AD84853BC057E8BFDC8B0AC"><enum>(2)</enum><text>by striking <quote>first 12 taxable years</quote> in paragraph (1) and inserting <quote>first 15 taxable years</quote>,</text> </paragraph><paragraph id="H618BAC3BE53C4C848E1C0CA85A16ABA8"><enum>(3)</enum><text>by striking <quote>first 6 taxable years</quote> in paragraph (2) and inserting <quote>first 9 taxable years</quote>, and</text>
</paragraph><paragraph commented="no" id="HEBDFAC25F48B4A51A8E92A6E88AF06D9"><enum>(4)</enum><text>by adding at the end the following flush sentence:</text> <quoted-block changed="added" committee-id="HWM00" display-inline="no-display-inline" id="H4BFC18F0C5EB4809AB9C58F67127F37E" reported-display-style="italic" style="OLC"> <quoted-block-continuation-text quoted-block-continuation-text-level="subsection">In the case of a corporation described in subsection (a)(2), the Internal Revenue Code of 1986 shall be applied and administered without regard to the amendments made by section 401(d)(1) of the Tax Technical Corrections Act of 2018.</quoted-block-continuation-text><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="HAF60C59C7914463B8E49CC96B696D0ED"><enum>(b)</enum><header>Conforming amendment</header><text display-inline="yes-display-inline">Section 119(e) of division A of the Tax Relief and Health Care Act of 2006 is amended by inserting <quote>(as in effect before its repeal)</quote> after <quote>section 199 of the Internal Revenue Code of 1986</quote>.</text>
</subsection><subsection id="HC0BA6D6122454391BD5E3FF9833BDE07"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to taxable years beginning after December 31, 2017.</text> </subsection></section></subtitle><subtitle id="H1DB7B163E9294D09B91F3D662FBEFCB4"><enum>C</enum><header>Incentives for Energy Production, Efficiency, and Green Economy Jobs</header> <section id="H6046443F33614602A7CBAA7CEECB8ACC"><enum>121.</enum><header>Biodiesel and renewable diesel</header> <subsection id="H1822FBF5D988436594CDD3BC31F12A64"><enum>(a)</enum><header>Income tax credit</header> <paragraph id="HD6F06EB7EAB14035B832EA662786865F"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/40A">Section 40A(g)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text>
</paragraph><paragraph id="HF0BB26B071F248AE955B16B64864883A"><enum>(2)</enum><header>Effective date</header><text>The amendment made by this subsection shall apply to fuel sold or used after December 31, 2017.</text> </paragraph></subsection><subsection id="H54A1FF194C714E0E9E20127A0CAF5819"><enum>(b)</enum><header>Excise tax incentives</header> <paragraph id="H4F7DF48762114D538040CBA05A4F3263"><enum>(1)</enum><header>Termination</header> <subparagraph id="HFEAFF68D34824269AA7F15974EB08A0E"><enum>(A)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/6426">Section 6426(c)(6)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text>
</subparagraph><subparagraph id="H4F92262EBDF542209069437FD912D282"><enum>(B)</enum><header>Payments</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/6427">Section 6427(e)(6)(B)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subparagraph></paragraph><paragraph id="H6D24A147BE3746DDBBD68B2C334E8691"><enum>(2)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply to fuel sold or used after December 31, 2017.</text>
</paragraph><paragraph id="H953B0AD4464E46ECAC34B52B219E22CE"><enum>(3)</enum><header>Special rule</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law, in the case of any biodiesel mixture credit properly determined under <external-xref legal-doc="usc" parsable-cite="usc/26/6426">section 6426(c)</external-xref> of the Internal Revenue Code of 1986 for the period beginning on January 1, 2018, and ending with the close of the last calendar quarter beginning before the date of the enactment of this Act, such credit shall be allowed, and any refund or payment attributable to such credit (including any payment under section 6427(e) of such Code) shall be made, only in such manner as the Secretary of the Treasury (or the Secretary’s delegate) shall provide. Such Secretary shall issue guidance within 30 days after the date of the enactment of this Act providing for a one-time submission of claims covering periods described in the preceding sentence. Such guidance shall provide for a 180-day period for the submission of such claims (in such manner as prescribed by such Secretary) to begin not later than 30 days after such guidance is issued. Such claims shall be paid by such Secretary not later than 60 days after receipt. If such Secretary has not paid pursuant to a claim filed under this subsection within 60 days after the date of the filing of such claim, the claim shall be paid with interest from such date determined by using the overpayment rate and method under section 6621 of such Code.</text>
</paragraph></subsection></section><section id="HE893D170816842A7AB935972D04A7AC2"><enum>122.</enum><header>Second generation biofuel producer credit</header>
<subsection id="HB11837E44FCF4BAF95A26E2AD75CCAC7"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/40">Section 40(b)(6)(J)(i)</external-xref> is amended by striking <quote>January 1, 2018</quote> and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="H8504E62C138C439E92706E5594D848CA"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to qualified second generation biofuel production after December 31, 2017.</text>
</subsection></section><section id="HF9598D08915C4F1B8409E7DBA186F498"><enum>123.</enum><header>Nonbusiness energy property</header>
<subsection id="H98DCE3FBAB7647AA91F7B36EED59738A"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/25C">Section 25C(g)(2)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HFAF738BD383F40808D694483841D481F"><enum>(b)</enum><header>Technical amendment</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/25C">Section 25C(d)(3)</external-xref> is amended—</text>
<paragraph id="H24CE374AAD704473A70D9618FC2BAC2C"><enum>(1)</enum><text>by striking <quote>an energy factor of at least 2.0</quote> in subparagraph (A) and inserting <quote>a Uniform Energy Factor of at least 2.2</quote>, and</text> </paragraph><paragraph id="HB0BD85D434A847E1A0B2F019FF7D70CD"><enum>(2)</enum><text>by striking <quote>an energy factor</quote> in subparagraph (D) and inserting <quote>a Uniform Energy Factor</quote>.</text>
</paragraph></subsection><subsection id="H0E4D918F38324F33A3FD26BD28EAF674"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to property placed in service after December 31, 2017.</text>
</subsection></section><section id="H26420F8BDDBC459A871E6D6E13528803"><enum>124.</enum><header>Qualified fuel cell motor vehicles</header>
<subsection id="H42B6FC5E82194466B946C04B8CBEC3BA"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/30B">Section 30B(k)(1)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H05D2A594162E49809C38499BC9058958"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to property purchased after December 31, 2017.</text>
</subsection></section><section id="H9F12A1B4A6C044DB95AE990737A80CAF"><enum>125.</enum><header>Alternative fuel refueling property credit</header>
<subsection id="H627C29E04D8245BA9F1F9F1EA01F18F9"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/30C">Section 30C(g)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H5014B73BC57F420DB3EAAE7BFE1EC37B"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to property placed in service after December 31, 2017.</text>
</subsection></section><section id="H3E3621DDA7AD462B83D2247881815033"><enum>126.</enum><header>2-wheeled plug-in electric vehicle credit</header>
<subsection id="H52AEA16C03694E2D9D4EB2B09438A18C"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/30D">Section 30D(g)(3)(E)(ii)</external-xref> is amended by striking <quote>January 1, 2018</quote> and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="HBDD5DD12A21D44FCBBF0E722C2AB674C"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to vehicles acquired after December 31, 2017.</text>
</subsection></section><section id="H7192E71704DC49149D4B756C38BD78A8"><enum>127.</enum><header>Credit for electricity produced from certain renewable resources</header>
<subsection id="HC7E7DD6E76744C249EAFDBB288965321"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">The following provisions of section 45(d) are each amended by striking <quote>January 1, 2018</quote> each place it appears and inserting <quote>January 1, 2021</quote>:</text> <paragraph id="HDF5EC13B19024AE094CDC54A1C8D51E6"><enum>(1)</enum><text>Paragraph (2)(A).</text>
</paragraph><paragraph id="HE6468DDFFAF744D1A62E7F3FD8F35989"><enum>(2)</enum><text>Paragraph (3)(A).</text> </paragraph><paragraph id="HDE94488506994EF2AB88E86F6406B8D2"><enum>(3)</enum><text>Paragraph (4)(B).</text>
</paragraph><paragraph id="H1B05FF584092429FBCDF86536E8DCF32"><enum>(4)</enum><text>Paragraph (6).</text> </paragraph><paragraph id="H53A9A35228534776B969D3294D8792BF"><enum>(5)</enum><text>Paragraph (7).</text>
</paragraph><paragraph id="H40703F5060F7499392D3124AF310C841"><enum>(6)</enum><text>Paragraph (9).</text> </paragraph><paragraph id="HD5181CCBEEAE42D1A72C6928D7D96010"><enum>(7)</enum><text>Paragraph (11)(B).</text>
</paragraph></subsection><subsection id="HB1336A2D663C43A8AEB3CF537A06AD7A"><enum>(b)</enum><header>Extension of election to treat qualified facilities as energy property</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/48">Section 48(a)(5)(C)(ii)</external-xref> is amended by striking <quote>January 1, 2018 (January 1, 2020, in the case of any facility which is described in paragraph (1) of section 45(d))</quote> and inserting <quote>January 1, 2021</quote>.</text>
</subsection><subsection id="H9DD3AA923A4541318F37B45C1A1985F6"><enum>(c)</enum><header>Application of extension to wind facilities</header>
<paragraph id="H1DF06145D295481F942B1395184013DB"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/45">Section 45(d)(1)</external-xref> is amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </paragraph><paragraph id="HF10DE42C42174DB98939A765FC291FFF"><enum>(2)</enum><header>Application of phaseout percentage</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45">Sections 45(b)(5)(C)</external-xref> and <external-xref legal-doc="usc" parsable-cite="usc/26/48"> 48(a)(5)(E)(iii)</external-xref> are each amended by striking <quote>and before January 1, 2020,</quote>.</text>
</paragraph></subsection><subsection id="H8EA154D37FF84F888A86FA531B964247"><enum>(d)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendments made by this section shall take effect on January 1, 2018.</text> </subsection></section><section id="H955C6D5A3FE848C885686A5E0DB72AD5"><enum>128.</enum><header>Production credit for Indian coal facilities</header> <subsection id="H99B37FF2CC09402F8EF33C4D04A0CB33"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45">Section 45(e)(10)(A)</external-xref> is amended by striking <quote>12-year period</quote> each place it appears and inserting <quote>15-year period</quote>.</text>
</subsection><subsection id="H1BEA9281231D4C0387BEC998D61A1C9E"><enum>(b)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to coal produced after December 31, 2017.</text> </subsection></section><section id="H8DDC3DD320A74422B018F7481A710014"><enum>129.</enum><header>Energy efficient homes credit</header> <subsection id="HB1F3374AACB843669910F640CCD10199"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45L">Section 45L(g)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text>
</subsection><subsection id="HDF884B3205E74065A87E739A93AE800A"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to homes acquired after December 31, 2017.</text> </subsection></section><section commented="no" id="H4B057B6B959346D2AEC973E077ACD47A"><enum>130.</enum><header>Special allowance for second generation biofuel plant property</header> <subsection commented="no" id="H000993C2A438451E89A30D5E00A0256B"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/168">Section 168(l)(2)(D)</external-xref> is amended by striking <quote>January 1, 2018</quote> and inserting <quote>January 1, 2021</quote>.</text>
</subsection><subsection commented="no" id="H158D70F218CB4DDCBBEE923E83644DE3"><enum>(b)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to property placed in service after December 31, 2017.</text>
</subsection></section><section id="H0171556D6F094EBBAB03FD79BC2A75D0"><enum>131.</enum><header>Energy efficient commercial buildings deduction</header>
<subsection id="H1E9E77BAF47343679E661DFA01F1148A"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/179D">Section 179D(h)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H52AAE96AB533400E9DDE8D0EBC127DC6"><enum>(b)</enum><header>Effective dates</header><text display-inline="yes-display-inline">The amendment made by subsection (a) shall apply to property placed in service after December 31, 2017.</text>
</subsection></section><section id="HEF19DA2660254479BD9E354893C78FE7"><enum>132.</enum><header>Special rule for sales or dispositions to implement FERC or State electric restructuring policy for
qualified electric utilities</header>
<subsection id="HB68821A4FCAF454C9492C5BA845A2A6D"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/451">Section 451(k)(3)</external-xref> is amended by striking <quote>January 1, 2018</quote> and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="HEB89F995DC024B4D89F3FF3025371A5E"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to dispositions after December 31, 2017.</text>
</subsection></section><section id="H639112094F1B4B4FBE9BE999415D1BD7"><enum>133.</enum><header>Extension and clarification of excise tax credits relating to alternative fuels</header>
<subsection id="HFDA23F61DDBD4CE581F2C0D3CFD8ED5F"><enum>(a)</enum><header>Extension</header>
<paragraph id="HAFE553DA225B4FE3AFA695E948D9BC75"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/6426">Sections 6426(d)(5)</external-xref> and <external-xref legal-doc="usc" parsable-cite="usc/26/6426"> 6426(e)(3)</external-xref> are each amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text> </paragraph><paragraph id="H81EB33B65E52497BAC31DD26CB825906"><enum>(2)</enum><header>Outlay payments for alternative fuels</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/6427">Section 6427(e)(6)(C)</external-xref> is amended by striking <quote>December 31, 2017</quote> and inserting <quote>December 31, 2020</quote>.</text>
</paragraph><paragraph id="H4D984D08524C4928B27B8BF82C850798"><enum>(3)</enum><header>Special rule</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law, in the case of any alternative fuel credit properly determined under <external-xref legal-doc="usc" parsable-cite="usc/26/6426">section 6426(d)</external-xref> of the Internal Revenue Code of 1986 for the period beginning on January 1, 2018, and ending with the close of the last calendar quarter beginning before the date of the enactment of this Act, such credit shall be allowed, and any refund or payment attributable to such credit (including any payment under section 6427(e) of such Code) shall be made, only in such manner as the Secretary of the Treasury (or the Secretary’s delegate) shall provide. Such Secretary shall issue guidance within 30 days after the date of the enactment of this Act providing for a one-time submission of claims covering periods described in the preceding sentence. Such guidance shall provide for a 180-day period for the submission of such claims (in such manner as prescribed by such Secretary) to begin not later than 30 days after such guidance is issued. Such claims shall be paid by such Secretary not later than 60 days after receipt. If such Secretary has not paid pursuant to a claim filed under this subsection within 60 days after the date of the filing of such claim, the claim shall be paid with interest from such date determined by using the overpayment rate and method under section 6621 of such Code.</text>
</paragraph><paragraph id="H33453E5598E241B3939C104935CD593C"><enum>(4)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply to fuel sold or used after December 31, 2017.</text> </paragraph></subsection><subsection id="HD946ED7525A94B4A9752498A552BAF49"><enum>(b)</enum><header>Clarification of rules regarding alternative fuel mixture credit</header> <paragraph id="H2A57A9E21C1F4CDB9B6FEDAE841FDA52"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">Paragraph (2) of <external-xref legal-doc="usc" parsable-cite="usc/26/6426">section 6426(e)</external-xref> is amended by striking <quote>mixture of alternative fuel</quote> and inserting <quote>mixture of alternative fuel (other than a fuel described in subparagraph (A), (C), or (F) of subsection (d)(2))</quote>.</text>
</paragraph><paragraph id="H919587E11C2840918CB5F9FAA3870C1D"><enum>(2)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this section shall apply to—</text> <subparagraph id="H224327D920AA41C69C2AB5EDCA83FA12"><enum>(A)</enum><text display-inline="yes-display-inline">fuel sold or used on or after the date of the enactment of this Act, and</text>
</subparagraph><subparagraph id="H96C41C1630984A8481AABE3AB89B81CA"><enum>(B)</enum><text display-inline="yes-display-inline">fuel sold or used before such date of enactment, but only to the extent that credits and claims of credit under <external-xref legal-doc="usc" parsable-cite="usc/26/6426">section 6426(e)</external-xref> of the Internal Revenue Code of 1986 with respect to such sale or use have not been paid or allowed as of such date.</text>
</subparagraph></paragraph></subsection></section><section id="HC4A94363BA4247959CFACF9DA96D6223"><enum>134.</enum><header>Oil spill liability trust fund rate</header>
<subsection id="H0DE2492F4EBF4802B6B50D7976271437"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/4611">Section 4611(f)(2)</external-xref> is amended by striking <quote>December 31, 2018</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H72FA0C41D21A4F4BB937E91240E6F5E7"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply on and after the first day of the first calendar month beginning after the date of the enactment of this Act.</text>
</subsection></section></subtitle><subtitle id="HAC853BA7DF5F4C728A6DD335D2AB3DC3"><enum>D</enum><header>Certain provisions expiring at the end of 2019</header>
<section id="H5A86CADF36FE4534A3F83F1AF806E5CB"><enum>141.</enum><header>New markets tax credit</header>
<subsection id="H43F0A8905C1F48EDA86B9E8BA1D2093E"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45D">Section 45D(f)(1)</external-xref> is amended by striking <quote>and</quote> at the end of subparagraph (F), by striking the period at the end of subparagraph (G) and inserting <quote>, and</quote>, and by adding at the end the following new subparagraph:</text>
<quoted-block changed="added" committee-id="HWM00" display-inline="no-display-inline" id="HF1D873D9FAF94BB78D758EDFE1E98646" reported-display-style="italic" style="OLC">
<subparagraph id="H282EDA9D229B4464B5B3EB4361AADC78"><enum>(H)</enum><text display-inline="yes-display-inline">$5,000,000,000 for 2020.</text></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H8F574D737CDF4247AA94F21C75B8E208"><enum>(b)</enum><header>Carryover of unused limitation</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/45D">Section 45D(f)(3)</external-xref> is amended by striking <quote>2024</quote> and inserting <quote>2025</quote>.</text>
</subsection><subsection id="HD46CDC96AEC84718AD1B8FBE297A715F"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to calendar years beginning after December 31, 2019.</text>
</subsection></section><section id="H3E99DCE6D7F849FAB6B2E0455858C6DB"><enum>142.</enum><header>Employer credit for paid family and medical leave</header>
<subsection id="H283186ECF8334832A2A0DC65F1E64D35"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/45S">Section 45S(i)</external-xref> is amended by striking <quote>December 31, 2019</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="H269A6674C9464E5DB6DCD7A665CFAA30"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to wages paid in taxable years beginning after December 31, 2019.</text>
</subsection></section><section id="H9E9DC26C478F4D199611386BB0EA5784"><enum>143.</enum><header>Work opportunity credit</header>
<subsection id="HCAEBC12140DD4A708C9D33517AD34AA8"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/51">Section 51(c)(4)</external-xref> is amended by striking <quote>December 31, 2019</quote> and inserting <quote>December 31, 2020</quote>.</text> </subsection><subsection id="HD90D5DAAAF1A4937AD00F8E5E55933F2"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to individuals who begin work for the employer after December 31, 2019.</text>
</subsection></section><section id="HE74A722F6EF746F29B81A5566FB78433"><enum>144.</enum><header>Certain provisions related to beer, wine, and distilled spirits</header>
<subsection id="H3D82A52F44F34C518DD743F1EC39005C"><enum>(a)</enum><header>Exemption for aging process of beer, wine, and distilled spirits</header>
<paragraph id="H5631D9AFD4854D878BB8193A75720977"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/263A">Section 263A(f)(4)(B)</external-xref> is amended by striking <quote>December 31, 2019</quote> and inserting <quote>December 31, 2020</quote>.</text> </paragraph><paragraph id="HF357222BCB8F45CBA5436F8437D46457"><enum>(2)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this subsection shall apply to interest costs paid or accrued after December 31, 2019.</text>
</paragraph></subsection><subsection id="H3E5086EE705F47E78D7F1A2A9BAB4278"><enum>(b)</enum><header>Reduced rate of excise tax on beer</header>
<paragraph id="HCE48FCE8B4E944EE8B21450ACB7E7C3F"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">Paragraphs (1)(C) and (2)(A) of section 5051(a) are each amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </paragraph><paragraph id="H53F92F830CF34E0BA6C1278BBD656CB3"><enum>(2)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply to beer removed after December 31, 2019.</text>
</paragraph></subsection><subsection id="H7F870B473EFC458F925A8DFBF7DC6259"><enum>(c)</enum><header>Transfer of beer between bonded facilities</header>
<paragraph id="H34A617A556C5432BA1D6DA94290A190E"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/5414">Section 5414(b)(3)</external-xref> is amended by striking <quote>December 31, 2019</quote> and inserting <quote>December 31, 2020</quote>.</text> </paragraph><paragraph id="H83AD7D893AB14D23AC4363B698AB7475"><enum>(2)</enum><header>Effective date</header><text>The amendment made by this subsection shall apply to calendar quarters beginning after December 31, 2019.</text>
</paragraph></subsection><subsection id="HF9015D354D08418AA6CA8163359524DB"><enum>(d)</enum><header>Reduced rate of excise tax on certain wine</header>
<paragraph id="H5CCA7BA1D1104362A6164960979C0B46"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/5041">Section 5041(c)(8)(A)</external-xref> is amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </paragraph><paragraph id="HCDF9A6C9554549D9AFE8215B84EEB458"><enum>(2)</enum><header>Conforming amendment</header><text>The heading of <external-xref legal-doc="usc" parsable-cite="usc/26/5041">section 5041(c)(8)</external-xref> is amended by striking <quote><header-in-text level="paragraph" style="OLC">Special rule for <enum-in-header>2018</enum-in-header> and <enum-in-header>2019</enum-in-header></header-in-text></quote> and inserting <quote><header-in-text level="paragraph" style="OLC">Temporary special rule</header-in-text></quote>.</text>
</paragraph><paragraph id="H1FA0B589248F4610B17FA96DC109ADC1"><enum>(3)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply to wine removed after December 31, 2019.</text> </paragraph></subsection><subsection id="H37AD079D492E4F13A84FEF0967078FA3"><enum>(e)</enum><header>Adjustment of alcohol content level for application of excise taxes</header> <paragraph id="H8223E0A858504719AB895E95ED7EB43F"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">Paragraphs (1) and (2) of section 5041(b) are each amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text>
</paragraph><paragraph id="H8956720A85D54AD8821DBF96D8FD6588"><enum>(2)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply to wine removed after December 31, 2019.</text> </paragraph></subsection><subsection id="HA8D37FDD09B740708C384BFECC9EBA6E"><enum>(f)</enum><header>Definition of mead and low alcohol by volume wine</header> <paragraph id="HCC544E2EE9534C3E8D8273D92B585866"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/5041">Section 5041(h)(3)</external-xref> is amended by striking <quote>December 31, 2019</quote> and inserting <quote>December 31, 2020</quote>.</text>
</paragraph><paragraph id="H227CE2B9453345949508088154B35D22"><enum>(2)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendment made by this subsection shall apply to wine removed after December 31, 2019.</text> </paragraph></subsection><subsection id="HFBED0EAB7DCC4C778DD4E8E51F5E6A29"><enum>(g)</enum><header>Reduced rate of excise tax on certain distilled spirits</header> <paragraph id="H9DDF6EE2F14C4B4CA7B91048E16E10B4"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/5001">Section 5001(c)(4)</external-xref> is amended by striking <quote>December 31, 2019</quote> and inserting <quote>December 31, 2020</quote>.</text>
</paragraph><paragraph id="H54E04CED6D3843EFB6832935D43D7E7F"><enum>(2)</enum><header>Conforming amendment</header><text>The heading of <external-xref legal-doc="usc" parsable-cite="usc/26/5001">section 5001(c)</external-xref> is amended by striking <quote><header-in-text level="subsection" style="OLC">Reduced rate for <enum-in-header>2018</enum-in-header> and<enum-in-header> 2019</enum-in-header></header-in-text></quote> and inserting <quote><header-in-text level="subsection" style="OLC">Temporary reduced rate</header-in-text></quote>.</text> </paragraph><paragraph id="H287EC371774942268171A86B7527E14C"><enum>(3)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply to distilled spirits removed after December 31, 2019.</text>
</paragraph></subsection><subsection id="HFFCD633C5D5A4F45B5EC95AE89AB86EC"><enum>(h)</enum><header>Bulk distilled spirits</header>
<paragraph id="HD26959A7CA8B4650B26152ABA86F4F30"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/5212">Section 5212</external-xref> is amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </paragraph><paragraph id="H241D144584A247C483EF1B9C4724AD87"><enum>(2)</enum><header>Effective date</header><text>The amendment made by this subsection shall apply to distilled spirits transferred in bond after December 31, 2019.</text>
</paragraph></subsection><subsection id="H5C2E5CB78FE54395B889CD95A788C0E2"><enum>(i)</enum><header>Simplification of rules regarding records, statements, and returns</header>
<paragraph id="HF4898C3D68B444F1B074C0480EA191A3"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/5555">Section 5555(a)</external-xref> is amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </paragraph><paragraph id="H869212453EE44F38A8BE417D55C44713"><enum>(2)</enum><header>Effective date</header><text>The amendment made by this subsection shall apply to calendar quarters beginning after December 31, 2019.</text>
</paragraph></subsection></section><section id="H7A95DF3A729840CAA44606698EA50241"><enum>145.</enum><header>Look-thru rule for related controlled foreign corporations</header>
<subsection id="HCCD479468FAD4E80A0952C74B895FDE1"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/954">Section 954(c)(6)(C)</external-xref> is amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="H7E1FBAC9BC2A4490AD6194207E504832"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to taxable years of foreign corporations beginning after December 31, 2019, and to taxable years of United States shareholders with or within which such taxable years of foreign corporations end.</text>
</subsection></section><section id="HAA6AF763418147A38B7AF929049299AD"><enum>146.</enum><header>Credit for health insurance costs of eligible individuals</header>
<subsection id="H6E5DE564665C449580B466D4F3140DB1"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/35">Section 35(b)(1)(B)</external-xref> is amended by striking <quote>January 1, 2020</quote> and inserting <quote>January 1, 2021</quote>.</text> </subsection><subsection id="H069B3F090F1D47A88F2C43478D122E41"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to months beginning after December 31, 2019.</text>
</subsection></section></subtitle><enum>II</enum><header>Estate and Gift Tax</header>
<section id="H42016D9174964CD29A41DDF3B04F16D0"><enum>201.</enum><header>Reduction of unified credit against estate tax</header>
<subsection id="H952D2421DB6F42ED91F05849163E5FB3"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/2010">Section 2010(c)(3)(C)</external-xref> is amended by striking <quote>January 1, 2026</quote> and inserting <quote>January 1, 2023</quote>.</text> </subsection><subsection id="H3363DCF2099B44F8BC969FE689E1A253"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to estates of decedents dying and gifts made after December 31, 2022.</text>
</subsection></section><enum>III</enum><header>Disaster tax relief</header>
<section id="H4B71C9C0A0234EB1969883648DF80AAF" section-type="subsequent-section"><enum>301.</enum><header>Definitions</header><text display-inline="no-display-inline">For purposes of this title—</text> <paragraph id="HDB62CAE5AF124128AB8C93393DB7C9DD"><enum>(1)</enum><header>Qualified disaster area</header> <subparagraph id="H9715815BC02C4292B452D3606DD35B7F"><enum>(A)</enum><header>In general</header><text>The term <quote>qualified disaster area</quote> means any area with respect to which a major disaster was declared, during the period beginning on January 1, 2018, and ending on the date which is 60 days after the date of the enactment of this Act, by the President under section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act if the incident period of the disaster with respect to which such declaration is made begins on or before the date of the enactment of this Act.</text>
</subparagraph><subparagraph id="H69BD180F24744AA387E61D05394F7267"><enum>(B)</enum><header>Denial of double benefit</header><text display-inline="yes-display-inline">Such term shall not include the California wildfire disaster area (as defined in section 20101 of subdivision 2 of division B of the Bipartisan Budget Act of 2018).</text>
</subparagraph></paragraph><paragraph id="H03C19D122E6545878EF8475E9900D4F3"><enum>(2)</enum><header>Qualified disaster zone</header><text display-inline="yes-display-inline">The term <quote>qualified disaster zone</quote> means that portion of any qualified disaster area which was determined by the President, during the period beginning on January 1, 2018, and ending on the date which is 60 days after the date of the enactment of this Act, to warrant individual or individual and public assistance from the Federal Government under the Robert T. Stafford Disaster Relief and Emergency Assistance Act by reason of the qualified disaster with respect to such disaster area.</text>
</paragraph><paragraph id="H407378057A574856B2FA2AEE7C958B2C"><enum>(3)</enum><header>Qualified disaster</header><text display-inline="yes-display-inline">The term <quote>qualified disaster</quote> means, with respect to any qualified disaster area, the disaster by reason of which a major disaster was declared with respect to such area.</text>
</paragraph><paragraph id="HBECBEC4BE17A4E90BA6141F7A4A1E2BD"><enum>(4)</enum><header>Incident period</header><text>The term <quote>incident period</quote> means, with respect to any qualified disaster, the period specified by the Federal Emergency Management Agency as the period during which such disaster occurred (except that for purposes of this title such period shall not be treated as beginning before January 1, 2018, or ending after the date which is 30 days after the date of the enactment of this Act).</text>
</paragraph></section><section display-inline="no-display-inline" id="H02C5B5AFEB7140CAA71415926C098BA9" section-type="subsequent-section"><enum>302.</enum><header>Special disaster-related rules for use of retirement funds</header>
<subsection id="H52D7B3BEDA414F4286F3AC25D7BF8829"><enum>(a)</enum><header>Tax-favored withdrawals from retirement plans</header>
<paragraph id="H57BC8B0C67524673B37C12B526A4C2CE"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/72">Section 72(t)</external-xref> of the Internal Revenue Code of 1986 shall not apply to any qualified disaster distribution.</text>
</paragraph><paragraph id="HD890AEB1D80D498D8069F33E004BA339"><enum>(2)</enum><header>Aggregate dollar limitation</header>
<subparagraph id="H88D564B6908549EE84F6150C18DC9DC0"><enum>(A)</enum><header>In general</header><text>For purposes of this subsection, the aggregate amount of distributions received by an individual which may be treated as qualified disaster distributions for any taxable year shall not exceed the excess (if any) of—</text>
<clause id="H7ABE86DDB60A4ADBB1DFA5C7873DB993"><enum>(i)</enum><text>$100,000, over</text> </clause><clause id="H701AA3FA07C848269531558A025BF753"><enum>(ii)</enum><text>the aggregate amounts treated as qualified disaster distributions received by such individual for all prior taxable years.</text>
</clause></subparagraph><subparagraph id="H3E2BE92B501A41D59249EEAF334FF792"><enum>(B)</enum><header>Treatment of plan distributions</header><text>If a distribution to an individual would (without regard to subparagraph (A)) be a qualified disaster distribution, a plan shall not be treated as violating any requirement of the Internal Revenue Code of 1986 merely because the plan treats such distribution as a qualified disaster distribution, unless the aggregate amount of such distributions from all plans maintained by the employer (and any member of any controlled group which includes the employer) to such individual exceeds $100,000.</text>
</subparagraph><subparagraph id="HD1CEEA587F3B4E8EAC153A42F182DB96"><enum>(C)</enum><header>Controlled group</header><text>For purposes of subparagraph (B), the term <term>controlled group</term> means any group treated as a single employer under subsection (b), (c), (m), or (o) of <external-xref legal-doc="usc" parsable-cite="usc/26/414">section 414</external-xref> of the Internal Revenue Code of 1986.</text>
</subparagraph><subparagraph id="H1214E3D8B7384410BEF703822F349DB8"><enum>(D)</enum><header>Special rule for individuals affected by more than one disaster</header><text>The limitation of subparagraph (A) shall be applied separately with respect to distributions made with respect to each qualified disaster.</text>
</subparagraph></paragraph><paragraph id="H8BCB1111244442FBB9B994707634EAA6"><enum>(3)</enum><header>Amount distributed may be repaid</header>
<subparagraph id="H0975153F439B494B9DF08B8B9872E400"><enum>(A)</enum><header>In general</header><text>Any individual who receives a qualified disaster distribution may, at any time during the 3-year period beginning on the day after the date on which such distribution was received, make 1 or more contributions in an aggregate amount not to exceed the amount of such distribution to an eligible retirement plan of which such individual is a beneficiary and to which a rollover contribution of such distribution could be made under section 402(c), 403(a)(4), 403(b)(8), 408(d)(3), or 457(e)(16), of the Internal Revenue Code of 1986, as the case may be.</text>
</subparagraph><subparagraph id="HFCC217DF2E0543739799E0B4ADAA03D2"><enum>(B)</enum><header>Treatment of repayments of distributions from eligible retirement plans other than IRAs</header><text>For purposes of the Internal Revenue Code of 1986, if a contribution is made pursuant to subparagraph (A) with respect to a qualified disaster distribution from an eligible retirement plan other than an individual retirement plan, then the taxpayer shall, to the extent of the amount of the contribution, be treated as having received the qualified disaster distribution in an eligible rollover distribution (as defined in section 402(c)(4) of such Code) and as having transferred the amount to the eligible retirement plan in a direct trustee to trustee transfer within 60 days of the distribution.</text>
</subparagraph><subparagraph id="H820458D595BA4840993574F95B885835"><enum>(C)</enum><header>Treatment of repayments of distributions from IRAs</header><text>For purposes of the Internal Revenue Code of 1986, if a contribution is made pursuant to subparagraph (A) with respect to a qualified disaster distribution from an individual retirement plan (as defined by section 7701(a)(37) of such Code), then, to the extent of the amount of the contribution, the qualified disaster distribution shall be treated as a distribution described in section 408(d)(3) of such Code and as having been transferred to the eligible retirement plan in a direct trustee to trustee transfer within 60 days of the distribution.</text>
</subparagraph></paragraph><paragraph id="HA6B691D828F148A684C3BEF009D0BB64"><enum>(4)</enum><header>Definitions</header><text>For purposes of this subsection—</text> <subparagraph id="HCA78CB50FE124131A84570519407AC2B"><enum>(A)</enum><header>Qualified disaster distribution</header><text>Except as provided in paragraph (2), the term <term>qualified disaster distribution</term> means any distribution from an eligible retirement plan made—</text>
<clause id="H497AC64A277543B88E5DF64E9821190B"><enum>(i)</enum><text>on or after the first day of the incident period of a qualified disaster and before the date which is 180 days after the date of the enactment of this Act, and</text>
</clause><clause id="H694F7AE7F28944DB8DCD2F8F4F6DD2C0"><enum>(ii)</enum><text>to an individual whose principal place of abode at any time during the incident period of such qualified disaster is located in the qualified disaster area with respect to such qualified disaster and who has sustained an economic loss by reason of such qualified disaster.</text>
</clause></subparagraph><subparagraph id="H94E511C223E44D3EB469D655BDE629C6"><enum>(B)</enum><header>Eligible retirement plan</header><text>The term <term>eligible retirement plan</term> shall have the meaning given such term by <external-xref legal-doc="usc" parsable-cite="usc/26/402">section 402(c)(8)(B)</external-xref> of the Internal Revenue Code of 1986.</text>
</subparagraph></paragraph><paragraph id="H74895150BF0449CFAE174D0363A8F861"><enum>(5)</enum><header>Income inclusion spread over 3-year period</header>
<subparagraph id="H08E1C584A68D44DC903D3BBEDAE21C55"><enum>(A)</enum><header>In general</header><text>In the case of any qualified disaster distribution, unless the taxpayer elects not to have this paragraph apply for any taxable year, any amount required to be included in gross income for such taxable year shall be so included ratably over the 3-taxable-year period beginning with such taxable year.</text>
</subparagraph><subparagraph id="H0B5FD05C2A344EE784168CFB7C664363"><enum>(B)</enum><header>Special rule</header><text>For purposes of subparagraph (A), rules similar to the rules of subparagraph (E) of <external-xref legal-doc="usc" parsable-cite="usc/26/408A">section 408A(d)(3)</external-xref> of the Internal Revenue Code of 1986 shall apply.</text>
</subparagraph></paragraph><paragraph id="H9ED9A1C0DDE04857A6D13836970E12EB"><enum>(6)</enum><header>Special rules</header>
<subparagraph id="H08CD5A76CFA64179A45F08D01CA2AF94"><enum>(A)</enum><header>Exemption of distributions from trustee to trustee transfer and withholding rules</header><text>For purposes of sections 401(a)(31), 402(f), and 3405 of the Internal Revenue Code of 1986, qualified disaster distributions shall not be treated as eligible rollover distributions.</text>
</subparagraph><subparagraph id="HD8E34B1065804D24865C8BB2DFE96493"><enum>(B)</enum><header>Qualified disaster distributions treated as meeting plan distribution requirements</header><text>For purposes the Internal Revenue Code of 1986, a qualified disaster distribution shall be treated as meeting the requirements of sections 401(k)(2)(B)(i), 403(b)(7)(A)(ii), 403(b)(11), and 457(d)(1)(A) of such Code.</text>
</subparagraph></paragraph></subsection><subsection id="H29B0952ED7E5434A8E75C71923DFF439"><enum>(b)</enum><header>Recontributions of withdrawals for home purchases</header>
<paragraph id="HB25179BA416A4D4794B699636EFB392F"><enum>(1)</enum><header>Recontributions</header>
<subparagraph id="H0625032222044E8AB6FE8A452A3710AE"><enum>(A)</enum><header>In general</header><text>Any individual who received a qualified distribution may, during the applicable period, make 1 or more contributions in an aggregate amount not to exceed the amount of such qualified distribution to an eligible retirement plan (as defined in <external-xref legal-doc="usc" parsable-cite="usc/26/402">section 402(c)(8)(B)</external-xref> of the Internal Revenue Code of 1986) of which such individual is a beneficiary and to which a rollover contribution of such distribution could be made under section 402(c), 403(a)(4), 403(b)(8), or 408(d)(3), of such Code, as the case may be.</text>
</subparagraph><subparagraph id="H0771F8F560F040EBBB6C66D861F71CA9"><enum>(B)</enum><header>Treatment of repayments</header><text>Rules similar to the rules of subparagraphs (B) and (C) of subsection (a)(3) shall apply for purposes of this subsection.</text>
</subparagraph></paragraph><paragraph id="H3F97739AEA2B4C8E93D003141820ED44"><enum>(2)</enum><header>Qualified distribution</header><text display-inline="yes-display-inline">For purposes of this subsection, the term <term>qualified distribution</term> means any distribution—</text> <subparagraph id="H6FE8706F326F4A93831D15F5C8217C19"><enum>(A)</enum><text>described in section 401(k)(2)(B)(i)(IV), 403(b)(7)(A)(ii) (but only to the extent such distribution relates to financial hardship), 403(b)(11)(B), or 72(t)(2)(F), of the Internal Revenue Code of 1986,</text>
</subparagraph><subparagraph id="HB26170C67F9E4123A248AC687D816AEA"><enum>(B)</enum><text display-inline="yes-display-inline">which was to be used to purchase or construct a principal residence in a qualified disaster area, but which was not so used on account of the qualified disaster with respect to such area, and</text>
</subparagraph><subparagraph id="HF717945394014F659173088CD4055B45"><enum>(C)</enum><text>which was received during the period beginning on the date which is 180 days before the first day of the incident period of such qualified disaster and ending on the date which is 30 days after the last day of such incident period.</text>
</subparagraph></paragraph><paragraph id="H51B7D5DEA68643009128FF9E2A2B4896"><enum>(3)</enum><header>Applicable period</header><text>For purposes of this subsection, the term <term>applicable period</term> means, in the case of a principal residence in a qualified disaster area with respect to any qualified disaster, the period beginning on the first day of the incident period of such qualified disaster and ending on the date which is 180 days after the date of the enactment of this Act.</text>
</paragraph></subsection><subsection id="H3CEE61B62DF04E87ACD9C5EB962D3B05"><enum>(c)</enum><header>Loans from qualified plans</header>
<paragraph id="H5E04A52628024015BBC24D8424C903D5"><enum>(1)</enum><header>Increase in limit on loans not treated as distributions</header><text display-inline="yes-display-inline">In the case of any loan from a qualified employer plan (as defined under <external-xref legal-doc="usc" parsable-cite="usc/26/72">section 72(p)(4)</external-xref> of the Internal Revenue Code of 1986) to a qualified individual made during the 180-day period beginning on the date of the enactment of this Act—</text>
<subparagraph id="H3B2A9E35D96F4B62A5DCD52B47FFF61A"><enum>(A)</enum><text>clause (i) of section 72(p)(2)(A) of such Code shall be applied by substituting <quote>$100,000</quote> for <quote>$50,000</quote>, and</text> </subparagraph><subparagraph id="H217730C4CEE6499784DAE2D585249BE9"><enum>(B)</enum><text>clause (ii) of such section shall be applied by substituting <quote>the present value of the nonforfeitable accrued benefit of the employee under the plan</quote> for <quote>one-half of the present value of the nonforfeitable accrued benefit of the employee under the plan</quote>.</text>
</subparagraph></paragraph><paragraph id="H75A4411CD3724D47BC521B0AE4CC98C1"><enum>(2)</enum><header>Delay of repayment</header><text>In the case of a qualified individual (with respect to any qualified disaster) with an outstanding loan (on or after the first day of the incident period of such qualified disaster) from a qualified employer plan (as defined in <external-xref legal-doc="usc" parsable-cite="usc/26/72">section 72(p)(4)</external-xref> of the Internal Revenue Code of 1986)—</text>
<subparagraph id="HCFDC45E4E666461B9B26F08183B8E7DE"><enum>(A)</enum><text display-inline="yes-display-inline">if the due date pursuant to subparagraph (B) or (C) of section 72(p)(2) of such Code for any repayment with respect to such loan occurs during the period beginning on the first day of the incident period of such qualified disaster and ending on the date which is 180 days after the last day of such incident period, such due date shall be delayed for 1 year (or, if later, until the date which is 180 days after the date of the enactment of this Act),</text>
</subparagraph><subparagraph id="H35120555635649058523A2E88550A868"><enum>(B)</enum><text>any subsequent repayments with respect to any such loan shall be appropriately adjusted to reflect the delay in the due date under subparagraph (A) and any interest accruing during such delay, and</text>
</subparagraph><subparagraph id="HC0D3AC91D7CF4478A3E3F9955CFBDE7B"><enum>(C)</enum><text>in determining the 5-year period and the term of a loan under subparagraph (B) or (C) of section 72(p)(2) of such Code, the period described in subparagraph (A) of this paragraph shall be disregarded.</text>
</subparagraph></paragraph><paragraph id="HA7CE39CF014F46B78659CBA85C0ACBB5"><enum>(3)</enum><header>Qualified individual</header><text display-inline="yes-display-inline">For purposes of this subsection, the term <quote>qualified individual</quote> means any individual—</text> <subparagraph id="HA4C34F51728644AE91E86EACEB46197F"><enum>(A)</enum><text>whose principal place of abode at any time during the incident period of any qualified disaster is located in the qualified disaster area with respect to such qualified disaster, and</text>
</subparagraph><subparagraph id="H28F541D4B9284DABA0C0C9AD7FB5A770"><enum>(B)</enum><text>who has sustained an economic loss by reason of such qualified disaster.</text> </subparagraph></paragraph></subsection><subsection id="H923B3A9084A74DF3BC9702EF63A539BA"><enum>(d)</enum><header>Provisions relating to plan amendments</header> <paragraph id="H9864033519C64BEFB7AD50CE435F93D1"><enum>(1)</enum><header>In general</header><text>If this subsection applies to any amendment to any plan or annuity contract, such plan or contract shall be treated as being operated in accordance with the terms of the plan during the period described in paragraph (2)(B)(i).</text>
</paragraph><paragraph id="H5AFF7AD499B945D29044C51018FFD906"><enum>(2)</enum><header>Amendments to which subsection applies</header>
<subparagraph id="H4788361BD0554118B721168C97A2DE45"><enum>(A)</enum><header>In general</header><text>This subsection shall apply to any amendment to any plan or annuity contract which is made—</text> <clause id="H89E6BF1C9BA845E8BE29F03920006E66"><enum>(i)</enum><text>pursuant to any provision of this section, or pursuant to any regulation issued by the Secretary or the Secretary of Labor under any provision of this section, and</text>
</clause><clause id="HF60DE9364B51437B969DC51F28493ADD"><enum>(ii)</enum><text>on or before the last day of the first plan year beginning on or after January 1, 2020, or such later date as the Secretary may prescribe.</text>
</clause><continuation-text continuation-text-level="subparagraph">In the case of a governmental plan (as defined in section 414(d) of the Internal Revenue Code of
1986), clause (ii) shall be applied by substituting the date which is 2
years after the date otherwise applied under clause (ii).</continuation-text></subparagraph><subparagraph id="HAB5B61A0570A44AA933ADA2EB3335957"><enum>(B)</enum><header>Conditions</header><text>This subsection shall not apply to any amendment unless—</text> <clause id="H55C60E30233E45A689567B5D761FDE87"><enum>(i)</enum><text>during the period—</text>
<subclause id="HB01AD554620B41C1AC9595300E44C620"><enum>(I)</enum><text>beginning on the date that this section or the regulation described in subparagraph (A)(i) takes effect (or in the case of a plan or contract amendment not required by this section or such regulation, the effective date specified by the plan), and</text>
</subclause><subclause id="H30C026C26F7041D09F2641C23991DE5D"><enum>(II)</enum><text>ending on the date described in subparagraph (A)(ii) (or, if earlier, the date the plan or contract amendment is adopted),</text>
</subclause></clause><continuation-text continuation-text-level="subparagraph">the plan or contract is operated as if such plan or contract amendment were in effect, and</continuation-text><clause id="HA119CC1BC85049119E61153BEA703B29"><enum>(ii)</enum><text>such plan or contract amendment applies retroactively for such period.</text> </clause></subparagraph></paragraph></subsection></section><section id="H11B5B979F5E04752A771FA04B598BCC5"><enum>303.</enum><header>Employee retention credit for employers affected by qualified disasters</header> <subsection id="H96C3A96A5F8A4F209CDFA3EFBB27E10C"><enum>(a)</enum><header>In general</header><text>For purposes of <external-xref legal-doc="usc" parsable-cite="usc/26/38">section 38</external-xref> of the Internal Revenue Code of 1986, in the case of an eligible employer, the 2018 qualified disaster employee retention credit shall be treated as a credit listed at the end of subsection (b) of such section. For purposes of this subsection, the 2018 qualified disaster employee retention credit for any taxable year is an amount equal to 40 percent of the qualified wages with respect to each eligible employee of such employer for such taxable year. The amount of qualified wages with respect to any employee which may be taken into account under this subsection by the employer for any taxable year shall not exceed $6,000 (reduced by the amount of qualified wages with respect to such employee which may be so taken into account for any prior taxable year).</text>
</subsection><subsection id="H23EF4117430B4C60B120E8BCE7BC40E9"><enum>(b)</enum><header>Definitions</header><text>For purposes of this section—</text> <paragraph id="H8A85ACB534FC498CAD9294740788629E"><enum>(1)</enum><header>Eligible employer</header><text>The term <term>eligible employer</term> means any employer—</text>
<subparagraph id="H8B4207FEC2A14EA38D753A8CB49FBC78"><enum>(A)</enum><text>which conducted an active trade or business in a qualified disaster zone at any time during the incident period of the qualified disaster with respect to such qualified disaster zone, and</text>
</subparagraph><subparagraph id="H2ABCD0EEF1A04BA5ACF4F9A38D949D99"><enum>(B)</enum><text>with respect to whom the trade or business described in subparagraph (A) is inoperable at any time during the period beginning on the first day of the incident period of such qualified disaster and ending on the date of the enactment of this Act, as a result of damage sustained by reason of such qualified disaster.</text>
</subparagraph></paragraph><paragraph id="H01B1AB3B44354529B9FADBCA626B7A88"><enum>(2)</enum><header>Eligible employee</header><text>The term <term>eligible employee</term> means with respect to an eligible employer an employee whose principal place of employment with such eligible employer (determined immediately before the qualified disaster referred to in paragraph (1)) was in the qualified disaster zone referred to in such paragraph.</text>
</paragraph><paragraph id="H11ECDB9AD48D4907A01390528299E002"><enum>(3)</enum><header>Qualified wages</header><text>The term <term>qualified wages</term> means wages (as defined in <external-xref legal-doc="usc" parsable-cite="usc/26/51">section 51(c)(1)</external-xref> of the Internal Revenue Code of 1986, but without regard to section 3306(b)(2)(B) of such Code) paid or incurred by an eligible employer with respect to an eligible employee at any time on or after the date on which the trade or business described in paragraph (1) first became inoperable at the principal place of employment of the employee (determined immediately before the qualified disaster referred to in such paragraph) and before the earlier of—</text>
<subparagraph id="H4D238FF6DBFB433EBA0F7EB9FBAC88D3"><enum>(A)</enum><text>the date on which such trade or business has resumed significant operations at such principal place of employment, or</text>
</subparagraph><subparagraph id="HA896AB25396344F2B2187E2372158324"><enum>(B)</enum><text>the date which 150 days after the last day of the incident period of the qualified disaster referred to in paragraph (1).</text>
</subparagraph><continuation-text continuation-text-level="paragraph">Such term shall include wages paid without regard to whether the employee performs no services,
performs services at a different place of employment than such principal
place of employment, or performs services at such principal place of
employment before significant operations have resumed.</continuation-text></paragraph></subsection><subsection id="H0913CBA14E2E4763BE6443F28170AAFD"><enum>(c)</enum><header>Certain rules to apply</header><text>For purposes of this subsection, rules similar to the rules of sections 51(i)(1), 52, and 280C(a), of the Internal Revenue Code of 1986, shall apply.</text>
</subsection><subsection id="H556FFC6A38E94808B7697DED11A41DD8"><enum>(d)</enum><header>Employee not taken into account more than once</header><text>An employee shall not be treated as an eligible employee for purposes of this subsection for any period with respect to any employer if such employer is allowed a credit under <external-xref legal-doc="usc" parsable-cite="usc/26/51">section 51</external-xref> of the Internal Revenue Code of 1986 with respect to such employee for such period.</text>
</subsection></section><section display-inline="no-display-inline" id="H3C3B7E91BB5B4FAF985F7097D9BC113A"><enum>304.</enum><header>Other disaster-related tax relief provisions</header>
<subsection id="HEB63BF80BE6D48C3B562486EB9161600"><enum>(a)</enum><header>Temporary increase in limitation on qualified contributions</header>
<paragraph id="H9E96B224C35349E7B1CD4858FC43033E"><enum>(1)</enum><header>Suspension of current limitation</header><text>Except as otherwise provided in paragraph (2), qualified contributions shall be disregarded in applying subsections (b) and (d) of <external-xref legal-doc="usc" parsable-cite="usc/26/170">section 170</external-xref> of the Internal Revenue Code of 1986.</text>
</paragraph><paragraph id="H02371028666C4CD88A8FD234AD4DDCB7"><enum>(2)</enum><header>Application of increased limitation</header><text>For purposes of <external-xref legal-doc="usc" parsable-cite="usc/26/170">section 170</external-xref> of the Internal Revenue Code of 1986—</text> <subparagraph id="HA446091D1F4C4198AB9BBD8013EFE046"><enum>(A)</enum><header>Individuals</header><text>In the case of an individual—</text>
<clause id="H629940BF21514289970D2252FC54262C"><enum>(i)</enum><header>Limitation</header><text>Any qualified contribution shall be allowed as a deduction only to the extent that the aggregate of such contributions does not exceed the excess of the taxpayer's contribution base (as defined in subparagraph (H) of section 170(b)(1) of such Code) over the amount of all other charitable contributions allowed under section 170(b)(1) of such Code.</text>
</clause><clause id="HB9864B6B11F04E34BA90F360A56D2FE6"><enum>(ii)</enum><header>Carryover</header><text>If the aggregate amount of qualified contributions made in the contribution year (within the meaning of section 170(d)(1) of such Code) exceeds the limitation of clause (i), such excess shall be added to the excess described in section 170(b)(1)(G)(ii).</text>
</clause></subparagraph><subparagraph id="H899A3B8F0A3C484D8C66CE3D8BE4BBA1"><enum>(B)</enum><header>Corporations</header><text>In the case of a corporation—</text> <clause id="H822CF2DE9FC64A339FC5C35DF496DB18"><enum>(i)</enum><header>Limitation</header><text>Any qualified contribution shall be allowed as a deduction only to the extent that the aggregate of such contributions does not exceed the excess of the taxpayer’s taxable income (as determined under paragraph (2) of section 170(b) of such Code) over the amount of all other charitable contributions allowed under such paragraph.</text>
</clause><clause id="H2FE38E01F9824DFCA0BAEF44F43A20D2"><enum>(ii)</enum><header>Carryover</header><text>If the aggregate amount of qualified contributions made in the contribution year (within the meaning of section 170(d)(2) of such Code) exceeds the limitation of clause (i), such excess shall be appropriately taken into account under section 170(d)(2) subject to the limitations thereof.</text>
</clause></subparagraph></paragraph><paragraph id="HED302E994ADA4C03B38E5066D3B390CD"><enum>(3)</enum><header>Qualified contributions</header>
<subparagraph id="HF6CCEC5B36E7496C8F243A0C1DB3E920"><enum>(A)</enum><header>In general</header><text>For purposes of this subsection, the term <term>qualified contribution</term> means any charitable contribution (as defined in <external-xref legal-doc="usc" parsable-cite="usc/26/170">section 170(c)</external-xref> of the Internal Revenue Code of 1986) if—</text>
<clause id="H531ACBDBD8C1495F8E0F7AF4DA19AD9F"><enum>(i)</enum><text>such contribution—</text> <subclause id="H66D90A90132847E5A096E8936986FD16"><enum>(I)</enum><text>is paid, during the period beginning on January 1, 2018, and ending on the date which is 60 days after the date of the enactment of this Act, in cash to an organization described in section 170(b)(1)(A) of such Code, and</text>
</subclause><subclause commented="no" id="HE254811298D84C439BEB0DB92B511CA7"><enum>(II)</enum><text display-inline="yes-display-inline">is made for relief efforts in one or more qualified disaster areas,</text> </subclause></clause><clause id="H5EC79CA5BC46429990EB89B1B14C7486"><enum>(ii)</enum><text>the taxpayer obtains from such organization contemporaneous written acknowledgment (within the meaning of section 170(f)(8) of such Code) that such contribution was used (or is to be used) for relief efforts described in clause (i)(II), and</text>
</clause><clause id="HBF635C420BD1483C8755A1AE95471510"><enum>(iii)</enum><text>the taxpayer has elected the application of this subsection with respect to such contribution.</text> </clause></subparagraph><subparagraph id="H8E5E1D4D7BDE40948F53B901A318AF33"><enum>(B)</enum><header>Exception</header><text>Such term shall not include a contribution by a donor if the contribution is—</text>
<clause id="HD5CC6AEDA57345C7ABB97A9CC2AF6539"><enum>(i)</enum><text>to an organization described in <external-xref legal-doc="usc" parsable-cite="usc/26/509">section 509(a)(3)</external-xref> of the Internal Revenue Code of 1986, or</text> </clause><clause id="HBBBFB806EA84484C8ACE87D13F221613"><enum>(ii)</enum><text>for the establishment of a new, or maintenance of an existing, donor advised fund (as defined in section 4966(d)(2) of such Code).</text>
</clause></subparagraph><subparagraph id="HD9E32D00BBCF410DAB75D5DFCD87A4DB"><enum>(C)</enum><header>Application of election to partnerships and S corporations</header><text>In the case of a partnership or S corporation, the election under subparagraph (A)(iii) shall be made separately by each partner or shareholder.</text>
</subparagraph></paragraph></subsection><subsection commented="no" id="HDAD618DEA4304D4C87E05759C0B4FDC8"><enum>(b)</enum><header>Special rules for qualified disaster-related personal casualty losses</header>
<paragraph commented="no" id="H37CE88242E3D4020A34E535B8C67AE99"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">If an individual has a net disaster loss for any taxable year—</text> <subparagraph commented="no" id="H55541D4D9A124250AD69ECE2477D5AA8"><enum>(A)</enum><text>the amount determined under <external-xref legal-doc="usc" parsable-cite="usc/26/165">section 165(h)(2)(A)(ii)</external-xref> of the Internal Revenue Code of 1986 shall be equal to the sum of—</text>
<clause commented="no" id="HA8F5A63EE7D54C6B9954BE1B570E1E61"><enum>(i)</enum><text>such net disaster loss, and</text> </clause><clause commented="no" id="H588D12755FF143828002BC64B4DC6714"><enum>(ii)</enum><text>so much of the excess referred to in the matter preceding clause (i) of section 165(h)(2)(A) of such Code (reduced by the amount in clause (i) of this subparagraph) as exceeds 10 percent of the adjusted gross income of the individual,</text>
</clause></subparagraph><subparagraph commented="no" id="H1D661F7EB2D94CF0A8DA694CE476CB5E"><enum>(B)</enum><text>section 165(h)(1) of such Code shall be applied by substituting <quote>$500</quote> for <quote>$500 ($100 for taxable years beginning after December 31, 2009)</quote>,</text> </subparagraph><subparagraph commented="no" id="H2656CAB4C90A4AE88922CD9F0C9D90D5"><enum>(C)</enum><text>the standard deduction determined under section 63(c) of such Code shall be increased by the net disaster loss, and</text>
</subparagraph><subparagraph commented="no" id="H1C194BEFC1CA4A9080FE2D11EDF8539A"><enum>(D)</enum><text>section 56(b)(1)(E) of such Code shall not apply to so much of the standard deduction as is attributable to the increase under subparagraph (C) of this paragraph.</text>
</subparagraph></paragraph><paragraph commented="no" id="HB30BA5E05F96492C8EB7DA672D4464AE"><enum>(2)</enum><header>Net disaster loss</header><text>For purposes of this subsection, the term <term>net disaster loss</term> means the excess of qualified disaster-related personal casualty losses over personal casualty gains (as defined in <external-xref legal-doc="usc" parsable-cite="usc/26/165">section 165(h)(3)(A)</external-xref> of the Internal Revenue Code of 1986).</text>
</paragraph><paragraph commented="no" id="H6D1D766FBD6540CA82EA98926F66FB93"><enum>(3)</enum><header>Qualified disaster-related personal casualty losses</header><text>For purposes of this subsection, the term <term>qualified disaster-related personal casualty losses</term> means losses described in <external-xref legal-doc="usc" parsable-cite="usc/26/165">section 165(c)(3)</external-xref> of the Internal Revenue Code of 1986 which arise in a qualified disaster area on or after the first day of the incident period of the qualified disaster to which such area relates, and which are attributable to such qualified disaster.</text>
</paragraph></subsection><subsection id="H294F04DD90624F1CB98A6459A38B898B"><enum>(c)</enum><header>Special rule for determining earned income</header>
<paragraph id="HE17CFDE2B1A64665862A0A16F494B231"><enum>(1)</enum><header>In general</header><text>In the case of a qualified individual, if the earned income of the taxpayer for the applicable taxable year is less than the earned income of the taxpayer for the preceding taxable year, the credits allowed under sections 24(d) and 32 of the Internal Revenue Code of 1986 may, at the election of the taxpayer, be determined by substituting—</text>
<subparagraph id="H930F39EACE8647099670F3A5B2D2FC0D"><enum>(A)</enum><text>such earned income for the preceding taxable year, for</text> </subparagraph><subparagraph id="H8DE9E021AFC24468A3DB9C64E9BB5333"><enum>(B)</enum><text>such earned income for the applicable taxable year.</text>
</subparagraph></paragraph><paragraph id="H3785987650C94E988FF215AC7C9C2FFC"><enum>(2)</enum><header>Qualified individual</header><text display-inline="yes-display-inline">For purposes of this subsection—</text> <subparagraph id="H1C3D51B90124429293F36988D605DB6A"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <quote>qualified individual</quote> means any individual whose principal place of abode at any time during the incident period of any qualified disaster was located—</text>
<clause id="H3BCBC445AF304347AC5BD3309D0F0CE3"><enum>(i)</enum><text>in the qualified disaster zone with respect to such qualified disaster, or</text> </clause><clause id="H0A9A94B5785A45F6B86B87F8A99A58EC"><enum>(ii)</enum><text>in the qualified disaster area with respect to such qualified disaster (but outside the qualified disaster zone with respect to such qualified disaster) and such individual was displaced from such principal place of abode by reason of such qualified disaster.</text>
</clause></subparagraph><subparagraph id="H414DEF04F7BF43559391DB640D29A949"><enum>(B)</enum><header>Hurricane Sandy</header><text display-inline="yes-display-inline">The term <term>qualified individual</term> includes any individual whose principal place of abode at any time during the period beginning on October 29, 2012, and ending on November 3, 2012, was located—</text>
<clause id="HFB4D8ADC7DF24610A4A1E05F5A136BFB"><enum>(i)</enum><text display-inline="yes-display-inline">in that portion of the area described in clause (ii) which was determined by the President to warrant individual or individual and public assistance from the Federal Government under the Robert T. Stafford Disaster Relief and Emergency Assistance Act by reason of Hurricane Sandy, or</text>
</clause><clause id="HB6A769D1EB014B34AA4D0E5052B8B281"><enum>(ii)</enum><text display-inline="yes-display-inline">in the area with respect to which a major disaster was declared by the President under section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act by reason of Hurricane Sandy and such individual was displaced from such principal place of abode by reason of Hurricane Sandy.</text>
</clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="HC3E7E7CC7C4540D0BBC7ABB5E4DF96B0"><enum>(3)</enum><header>Applicable taxable year</header><text>The term <term>applicable taxable year</term> means—</text> <subparagraph id="HA7C51544B2B0415BA58F61710FF4F946"><enum>(A)</enum><text>in the case of a qualified individual other than an individual described in subparagraph (B), any taxable year which includes any portion of the incident period of the qualified disaster to which the qualified disaster area referred to in paragraph (2)(A) relates, or</text>
</subparagraph><subparagraph id="HD36A80C9BB3F4424A40EF815D9EAAF46"><enum>(B)</enum><text display-inline="yes-display-inline">in the case of a qualified individual described in subparagraph (B) of paragraph (2), any taxable year which includes any portion of the period described in such subparagraph.</text>
</subparagraph></paragraph><paragraph id="H226F5E7CD4FD4316BA24B99BCED2E0D3"><enum>(4)</enum><header>Earned income</header><text>For purposes of this subsection, the term <term>earned income</term> has the meaning given such term under <external-xref legal-doc="usc" parsable-cite="usc/26/32">section 32(c)</external-xref> of the Internal Revenue Code of 1986.</text> </paragraph><paragraph id="HFBBB9DD7AD404CF2A0AEEF79FD3F2E06"><enum>(5)</enum><header>Special rules</header> <subparagraph id="HF84A2F9103D54419888935F5A8BEC37E"><enum>(A)</enum><header>Application to joint returns</header><text>For purposes of paragraph (1), in the case of a joint return for an applicable taxable year—</text>
<clause id="H71FBFE59587248EFB4A244AA1DFADEC6"><enum>(i)</enum><text>such paragraph shall apply if either spouse is a qualified individual, and</text> </clause><clause id="HC164622B0B5340308F176E396F3CFC74"><enum>(ii)</enum><text>the earned income of the taxpayer for the preceding taxable year shall be the sum of the earned income of each spouse for such preceding taxable year.</text>
</clause></subparagraph><subparagraph id="H71E8433D5351499C92411B8F84D25EAF"><enum>(B)</enum><header>Uniform application of election</header><text>Any election made under paragraph (1) shall apply with respect to both sections 24(d) and 32 of the Internal Revenue Code of 1986.</text>
</subparagraph><subparagraph id="H8A7F1B6D35D34B729192632B7781F7E5"><enum>(C)</enum><header>Errors treated as mathematical error</header><text>For purposes of <external-xref legal-doc="usc" parsable-cite="usc/26/6213">section 6213</external-xref> of the Internal Revenue Code of 1986, an incorrect use on a return of earned income pursuant to paragraph (1) shall be treated as a mathematical or clerical error.</text>
</subparagraph><subparagraph id="HEEE5C85AA095477CBDC3F61236A1E622"><enum>(D)</enum><header>No effect on determination of gross income, etc</header><text>Except as otherwise provided in this subsection, the Internal Revenue Code of 1986 shall be applied without regard to any substitution under paragraph (1).</text>
</subparagraph><subparagraph id="H1CEFE853BF7F41B0B30656579749F3CE"><enum>(E)</enum><header>Extension of period of limitation for certain individuals affected by Hurricane Sandy</header>
<clause display-inline="no-display-inline" id="H6280720E7E874479A38C449747CE4844"><enum>(i)</enum><header>In general</header><text display-inline="yes-display-inline">In the case of an individual described in paragraph (2)(B), the period of limitation prescribed by <external-xref legal-doc="usc" parsable-cite="usc/26/6511">section 6511(a)</external-xref> of the Internal Revenue Code of 1986 for any applicable taxable year shall be extended until the date prescribed by law (including extensions) for filing the return of tax for the taxable year that includes the date of the enactment of this Act, and section 6511(b)(2) of such Code shall not apply to any claim of credit or refund with respect to the return for such applicable tax year.</text>
</clause><clause id="H671946977F374FE9BEC1E6687F257620"><enum>(ii)</enum><header>Amendments, etc. restricted to changes to earned income</header><text>Clause (i) shall apply only with respect to amendments to the return of tax, and claims for credit or refund, relating to a change in the earned income of the individual.</text>
</clause></subparagraph></paragraph></subsection></section><section id="H904B345DB50B447FB504A51D785B3C58" section-type="subsequent-section"><enum>305.</enum><header>Automatic extension of filing deadlines in case of certain taxpayers affected by Federally declared
disasters</header>
<subsection id="H633D3BEB9B154022BD3CFDAF13A312BF"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/7508A">Section 7508A</external-xref> is amended by adding at the end the following new subsection:</text> <quoted-block changed="added" committee-id="HWM00" display-inline="no-display-inline" id="HFDBDCA62BFA54AA1B5CF0BAA08442C1B" reported-display-style="italic" style="OLC"> <subsection id="H3792CD2563F6449DB8392C0A9D0E6B32"><enum>(d)</enum><header>Mandatory 60-day extension</header> <paragraph id="HEE882111095A48048016666D79B424A7"><enum>(1)</enum><header>In general</header><text>In the case of any qualified taxpayer, the period—</text>
<subparagraph id="HF007E6E987E941C8AFBF0057550B7E0A"><enum>(A)</enum><text>beginning on the earliest incident date specified in the declaration to which the disaster area referred to in paragraph (2) relates, and</text>
</subparagraph><subparagraph id="H5FF1DB906B984BD583BA9EC18D9E2EF0"><enum>(B)</enum><text>ending on the date which is 60 days after the latest incident date so specified,</text> </subparagraph><continuation-text continuation-text-level="paragraph">shall be disregarded in the same manner as a period specified under subsection (a).</continuation-text></paragraph><paragraph id="H82B5D7E1A8684416B517C16E6EE19AA0"><enum>(2)</enum><header>Qualified taxpayer</header><text>For purposes of this subsection, the term <quote>qualified taxpayer</quote> means—</text>
<subparagraph id="HD0848D82A6084680B82A197C9D514886"><enum>(A)</enum><text display-inline="yes-display-inline">any individual whose principal residence (for purposes of section 1033(h)(4)) is located in a disaster area,</text>
</subparagraph><subparagraph commented="no" id="HA5C9F5EF0232457FA23479A1CA3D33EC"><enum>(B)</enum><text>any taxpayer if the taxpayer’s principal place of business (other than the business of performing services as an employee) is located in a disaster area,</text>
</subparagraph><subparagraph id="H55A11A3824EB41AA8CA5523932D3D080"><enum>(C)</enum><text>any individual who is a relief worker affiliated with a recognized government or philanthropic organization and who is assisting in a disaster area,</text>
</subparagraph><subparagraph id="H9D018EE73BF94A5EB66245EC3BE96DBD"><enum>(D)</enum><text>any taxpayer whose records necessary to meet a deadline for an act described in section 7508(a)(1) are maintained in a disaster area,</text>
</subparagraph><subparagraph id="HB8D510CF4880423DBE3428D949484EDA"><enum>(E)</enum><text>any individual visiting a disaster area who was killed or injured as a result of the disaster, and</text> </subparagraph><subparagraph id="H35590C979C164C1C8E6EE8D0D66FEBAA"><enum>(F)</enum><text>solely with respect to a joint return, any spouse of an individual described in any preceding subparagraph of this paragraph.</text>
</subparagraph></paragraph><paragraph id="H4CBA81B960524153A7FD35F0C4555229"><enum>(3)</enum><header>Disaster area</header><text>For purposes of this subsection, the term <quote>disaster area</quote> has the meaning given such term under subparagraph (B) of section 165(i)(5) with respect to a Federally declared disaster (as defined in subparagraph (A) of such section).</text>
</paragraph><paragraph id="H9376FD05DEEF46448DEFEE8FAB18D093"><enum>(4)</enum><header>Application to rules regarding pensions</header><text display-inline="yes-display-inline">In the case of any person described in subsection (b), a rule similar to the rule of paragraph (1) shall apply for purposes of subsection (b) with respect to—</text>
<subparagraph id="H28E9D2BDFC2340B7B9D4E9B948CFB279"><enum>(A)</enum><text>making contributions to a qualified retirement plan (within the meaning of section 4974(c)) under section 219(f)(3), 404(a)(6), 404(h)(1)(B), or 404(m)(2),</text>
</subparagraph><subparagraph id="H18F9047A41D14ECF9A351BB61F247550"><enum>(B)</enum><text>making distributions under section 408(d)(4),</text> </subparagraph><subparagraph id="H571339358DBD4036AE9EBB22E70A6333"><enum>(C)</enum><text>recharacterizing contributions under section 408A(d)(6), and</text>
</subparagraph><subparagraph id="H1893B0F8EB0A47248A573E837AB6B7F4"><enum>(D)</enum><text>making a rollover under section 402(c), 403(a)(4), 403(b)(8), or 408(d)(3).</text> </subparagraph></paragraph><paragraph id="HD289890AF8C347A691FFF8BBC6464EB0"><enum>(5)</enum><header>Coordination with periods specified by the Secretary</header><text>Any period described in paragraph (1) with respect to any person (including by reason of the application of paragraph (4)) shall be in addition to (or concurrent with, as the case may be) any period specified under subsection (a) or (b) with respect to such person.</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H31B0A94A54F541D7B86434349E5A2213"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to federally declared disasters declared after the date of the enactment of this Act.</text>
</subsection></section><section id="H97BF4C08B02345F4BCA33268C4AAECFD" section-type="subsequent-section"><enum>306.</enum><header>Modification of the tax rate for the excise tax on investment income of private foundations</header>
<subsection id="H068F80313B6740189BDAD0BC84F99A64"><enum>(a)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/4940">Section 4940(a)</external-xref> is amended by striking <quote>2 percent</quote> and inserting <quote>1.39 percent</quote>.</text> </subsection><subsection id="HC7FE04F13B374884839BF194E514A54C"><enum>(b)</enum><header>Elimination of reduced tax where foundation meets certain distribution requirements</header><text>Section 4940 of such Code is amended by striking subsection (e).</text>
</subsection><subsection id="HB98C9ABBD85D493DA24B6671AF80BF5E"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.</text>
</subsection></section><section commented="no" id="HC47AA3E6050448D4A468D6720ED51788"><enum>307.</enum><header>Additional low-income housing credit allocations for qualified 2017 and 2018 California disaster
areas</header>
<subsection commented="no" id="HD6CA899DE54F4BAE8E4F7DD22511E36D"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">For purposes of <external-xref legal-doc="usc" parsable-cite="usc/26/42">section 42</external-xref> of the Internal Revenue Code of 1986, the State housing credit ceiling for California for calendar year 2019 shall be increased by the lesser of—</text>
<paragraph commented="no" id="HDC023F6ECFF34EB6BCC37F35D044F359"><enum>(1)</enum><text>the aggregate housing credit dollar amount allocated by the State housing credit agencies of California for such calendar year to buildings located in qualified 2017 and 2018 California disaster areas, or</text>
</paragraph><paragraph commented="no" id="H060C45817AE24292BE1695F45D7A8162"><enum>(2)</enum><text display-inline="yes-display-inline">50 percent of the sum of the State housing credit ceilings for California for calendar years 2017 and 2018.</text>
</paragraph></subsection><subsection commented="no" id="H8AFFCF207C264D95B4522DE708B74512"><enum>(b)</enum><header>Allocations treated as made first from additional allocation for purposes of determining carryover</header><text>For purposes of determining the unused State housing credit ceiling for any calendar year under <external-xref legal-doc="usc" parsable-cite="usc/26/42">section 42(h)(3)(C)</external-xref> of the Internal Revenue Code of 1986, any increase in the State housing credit ceiling under subsection (a) shall be treated as an amount described in clause (ii) of such section.</text>
</subsection><subsection commented="no" id="H64C432033C1A4A1B8AF9BF8148A8E2F8"><enum>(c)</enum><header>Definitions</header><text>For purposes of this section—</text> <paragraph commented="no" id="H2E8BE7493121429BB9AEC7BA0205C717"><enum>(1)</enum><header>Qualified 2017 and 2018 California disaster areas</header><text display-inline="yes-display-inline">The term <quote>qualified 2017 and 2018 California disaster areas</quote> means any area in California which was determined by the President (before January 1, 2019) to warrant individual or individual and public assistance from the Federal Government under the Robert T. Stafford Disaster Relief and Emergency Assistance Act by reason of a major disaster the incident period of which begins or ends in calendar year 2017 or 2018. Notwithstanding section 301, for purposes of the preceding sentence, the term <quote>incident period</quote> means the period specified by the Federal Emergency Management Agency as the period during which the disaster occurred.</text>
</paragraph><paragraph commented="no" id="HB9014A6162F54567A0F41E22B7591E75"><enum>(2)</enum><header>Other definitions</header><text>Terms used in this section which are also used in <external-xref legal-doc="usc" parsable-cite="usc/26/42">section 42</external-xref> of the Internal Revenue Code of 1986 shall have the same meaning in this section as in such section 42.</text>
</paragraph></subsection></section><section id="HC6D9A16B8BC4403EAC6BBEF8E60C37F3"><enum>308.</enum><header>Treatment of certain possessions</header>
<subsection id="H9EFCC7D9965F448C9FD5E009A9FFF16E"><enum>(a)</enum><header>Payments to possessions with mirror code tax systems</header><text display-inline="yes-display-inline">The Secretary of the Treasury shall pay to each possession of the United States which has a mirror code tax system amounts equal to the loss (if any) to that possession by reason of the application of the provisions of this title. Such amounts shall be determined by the Secretary of the Treasury based on information provided by the government of the respective possession.</text>
</subsection><subsection id="H837D5D2042FD4C16A8EDF7551D6E77EF"><enum>(b)</enum><header>Payments to other possessions</header><text display-inline="yes-display-inline">The Secretary of the Treasury shall pay to each possession of the United States which does not have a mirror code tax system amounts estimated by the Secretary of the Treasury as being equal to the aggregate benefits (if any) that would have been provided to residents of such possession by reason of the provisions of this title if a mirror code tax system had been in effect in such possession. The preceding sentence shall not apply unless the respective possession has a plan, which has been approved by the Secretary of the Treasury, under which such possession will promptly distribute such payments to its residents.</text>
</subsection><subsection id="H0144ECAB0C5B4B0F8D67167E2E75BFA0"><enum>(c)</enum><header>Mirror code tax system</header><text>For purposes of this section, the term <quote>mirror code tax system</quote> means, with respect to any possession of the United States, the income tax system of such possession if the income tax liability of the residents of such possession under such system is determined by reference to the income tax laws of the United States as if such possession were the United States.</text>
</subsection><subsection id="HED7162DC528A4907804660B0C1131E9B"><enum>(d)</enum><header>Treatment of payments</header><text display-inline="yes-display-inline">For purposes of section 1324 of title 31, United States Code, the payments under this section shall be treated in the same manner as a refund due from a credit provision referred to in subsection (b)(2) of such section.</text>
</subsection></section>
January 21, 2020
Reported with an amendment, committed to the Committee of the Whole House on the State of the
Union, and ordered to be printed