1.Short title; amendment of
1986 Code; table of contents
(a)This Act may be cited
as the Tax Technical Corrections Act
of 2006
.
(b)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.
(c)The table of contents of this Act is as follows:
Sec. 1. Short title; amendment of 1986 Code; table of
contents.
Sec. 2. Amendments related to the Tax Increase Prevention and
Reconciliation Act of 2005.
Sec. 3. Amendment related to the Gulf Opportunity Zone Act of
2005.
Sec. 4. Amendments related to the Safe, Accountable, Flexible,
Efficient Transportation Equity Act: A Legacy for Users.
Sec. 5. Amendments related to the Energy Policy Act of
2005.
Sec. 6. Amendments related to the American Jobs Creation Act of
2004.
Sec. 7. Amendment related to the Jobs and Growth Tax Relief
Reconciliation Act of 2003.
Sec. 8. Amendments related to the Economic Growth and Tax
Relief Reconciliation Act of 2001.
Sec. 9. Amendment related to the Tax Relief Extension Act of
1999.
Sec. 10. Amendment related to the Internal Revenue Service
Restructuring and Reform Act of 1998.
Sec. 11. Clerical corrections.
2.Amendments related to
the Tax Increase Prevention and Reconciliation Act of 2005
(a)Amendments
related to section 103 of the Act
(1)Subparagraph (A)
of section 954(c)(6) is amended—
(A)in the first
sentence, by striking which is not subpart F income
and
inserting which is neither subpart F income nor income treated as
effectively connected with the conduct of a trade or business in the United
States
, and
(B)by striking the
last sentence and inserting the following: The Secretary shall prescribe
such regulations as may be necessary or appropriate to carry out this
paragraph, including such regulations as may be necessary or appropriate to
prevent the abuse of the purposes of this paragraph.
.
(2)Paragraph (6) of
section 954(c) is amended by redesignating subparagraph (B) as subparagraph (C)
and inserting after subparagraph (A) the following new subparagraph:
(B)Subparagraph (A) shall not apply in the
case of any interest, rent, or royalty to the extent such interest, rent, or
royalty creates (or increases) a deficit which under section 952(c) may reduce
the subpart F income of the payor or another controlled foreign
corporation.
.
(b)Amendments
related to section 202 of the Act
(1)Subparagraph (B) of
section 355(b)(3) is amended to read as follows:
(B)
(i)For purposes of subparagraph (A), all members of such
corporation’s separate affiliated group shall be treated as one
corporation.
(ii)Separate
affiliated groupFor purposes
of clause (i), the term separate affiliated group
means, with
respect to any corporation, the affiliated group which would be determined
under section 1504(a) if such corporation were the common parent and section
1504(b) did not apply. Such term shall not include any corporation which became
a member of—
(I)such separate
affiliated group (determined without regard to this sentence), or
(II)any other separate affiliated group
(determined without regard to this sentence) which includes any other
corporation to which subparagraph (A) applies with respect to the same
distribution,
during the
5-year period described in paragraph (2)(B) by reason of one or more
transactions in which gain or loss was recognized in whole or in part (and
shall not include any trade or business conducted by such corporation at the
time it became such a
member)..
(2)Paragraph (3) of
section 355(b) is amended by adding at the end the following new
subparagraph:
(E)The
Secretary shall prescribe regulations which provide for the proper application
of subparagraphs (B), (C), and (D) of paragraph (2) with respect to
distributions to which this paragraph
applies.
.
(c)Amendments
related to section 515 of the ActParagraph (2) of section 911(f)
is amended—
(1)by striking
the tentative minimum tax under section 55
in the matter
preceding subparagraph (A) and inserting the amount determined under the
first sentence of section 55(b)(1)(A)(i)
, and
(2)by striking
the amount which would be such tentative minimum tax
each place
it appears in subparagraphs (A) and (B) and inserting the amount which
would be determined under such sentence
.
(d)The amendments made by
this section shall take effect as if included in the provisions of the Tax
Increase Prevention and Reconciliation Act of 2005 to which they relate.
3.Amendment related to
the Gulf Opportunity Zone Act of 2005
(a)Amendment
related to section 303 of the ActClause (iii) of section
903(d)(2)(B) of the American Jobs Creation Act of 2004, as amended by section
303 of the Gulf Opportunity Zone Act of 2005, is amended by inserting or
the Secretary’s delegate
after The Secretary of the
Treasury
.
(b)The amendment made by this section shall take effect as if
included in section 303 of the Gulf Opportunity Zone Act of 2005.
4.Amendments related to
the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy
for Users
(a)Amendments
related to section 11113 of the ActParagraph (3) of section
6427(i) is amended—
(1)by inserting
or under subsection (e)(2) by any person with respect to an alternative
fuel (as defined in section 6426(d)(2))
after section
6426
in subparagraph (A),
(2)by
inserting or (e)(2)
after subsection (e)(1)
in
subparagraphs (A)(i) and (B), and
(3)by inserting
and alternative fuel
credit
after mixture credit
in the heading
thereof.
(b)The amendments made by this section shall take effect as if
included in the provisions of the SAFETEA–LU to which they relate.
5.Amendments
related to the Energy Policy Act of 2005
(a)Amendment
related to section 1306 of the ActParagraph (2) of section
45J(b) is amended to read as follows:
(2)Amount of
national limitationThe
aggregate amount of national megawatt capacity limitation allocated by the
Secretary under paragraph (3) shall not exceed 6,000
megawatts.
.
(b)Amendment
related to section 1342 of the ActSo much of subsection (b) of
section 30C as precedes paragraph (1) thereof is amended to read as
follows:
(b)The
credit allowed under subsection (a) with respect to all alternative fuel
vehicle refueling property placed in service by the taxpayer during the taxable
year at a location shall not
exceed—
.
(c)Amendments
related to section 1351 of the Act
(1)Paragraph (3) of
section 41(a) is amended by inserting for energy research
before
the period at the end.
(2)Paragraph (6) of
section 41(f) is amended by adding at the end the following new
subparagraph:
(E)The term energy research
does not include
any research which is not qualified
research.
.
(d)Amendments
related to section 1362 of the Act
(1)(A)Paragraph (1) of section
4041(d) is amended by adding at the end the following new sentence: No
tax shall be imposed under the preceding sentence on the sale or use of any
liquid if tax was imposed with respect to such liquid under section 4081 at the
Leaking Underground Storage Tank Trust Fund financing rate.
.
(B)Paragraph (3) of section 4042(b) is
amended to read as follows:
(3)Exception for
fuel on which Leaking Underground Storage Tank Trust Fund financing rate
separately imposedThe Leaking Underground Storage Tank Trust
Fund financing rate under paragraph (2)(B) shall not apply to the use of any
fuel if tax was imposed with respect to such fuel under section 4041(d) or 4081
at the Leaking Underground Storage Tank Trust Fund financing
rate.
.
(C)Notwithstanding section 6430 of the
Internal Revenue Code of 1986, a refund, credit, or payment may be made under
subchapter B of chapter 65 of such Code for taxes imposed with respect to any
liquid after September 30, 2005, and before the date of the enactment of this
Act under section 4041(d)(1) or 4042 of such Code at the Leaking Underground
Storage Tank Trust Fund financing rate to the extent that tax was imposed with
respect to such liquid under section 4081 at the Leaking Underground Storage
Tank Trust Fund financing rate.
(2)(A)Paragraph (5) of section
4041(d) is amended—
(i)by striking (other than with
respect to any sale for export under paragraph (3) thereof)
, and
(ii)by adding at the end the following
new sentence: The preceding sentence shall not apply with respect to
subsection (g)(3) and so much of subsection (g)(1) as relates to vessels
(within the meaning of section 4221(d)(3)) employed in foreign trade or trade
between the United States and any of its possessions.
(B)Section 4082 is amended—
(i)by striking (other than such
tax at the Leaking Underground Storage Tank Trust Fund financing rate imposed
in all cases other than for export)
in subsection (a), and
(ii)by redesignating subsections (f)
and (g) as subsections (g) and (h) and by inserting after subsection (e) the
following new subsection:
(f)Exception for
Leaking Underground Storage Tank Trust Fund financing rate
(1)Subsection (a) shall not apply to the tax imposed under
section 4081 at the Leaking Underground Storage Tank Trust Fund financing
rate.
(2)Exception for
export, etcParagraph (1) shall not apply with respect to any
fuel if the Secretary determines that such fuel is destined for export or for
use by the purchaser as supplies for vessels (within the meaning of section
4221(d)(3)) employed in foreign trade or trade between the United States and
any of its
possessions.
.
(C)Subsection (e) of section 4082 is
amended—
(i)by striking an aircraft, the
rate of tax under section 4081(a)(2)(A)(iii) shall be zero.
and
inserting
an
aircraft—(1)the rate of tax
under section 4081(a)(2)(A)(iii) shall be zero, and
(2)if such aircraft is employed in foreign
trade or trade between the United States and any of its possessions, the
increase in such rate under section 4081(a)(2)(B) shall be
zero.
;
and
(ii)by moving the last sentence flush
with the margin of such subsection (following the paragraph (2) added by clause
(i)).
(D)Section 6430 is amended to read as
follows:
6430.Treatment of
tax imposed at Leaking Underground Storage Tank Trust Fund financing
rateNo refunds, credits, or
payments shall be made under this subchapter for any tax imposed at the Leaking
Underground Storage Tank Trust Fund financing rate, except in the case of
fuels—
(1)which are exempt
from tax under section 4081(a) by reason of section 4081(f)(2),
(2)which are exempt
from tax under section 4041(d) by reason of the last sentence of paragraph (5)
thereof, or
(3)with respect to which the rate increase
under section 4081(a)(2)(B) is zero by reason of section
4082(e)(2).
.
(3)Paragraph (5) of
section 4041(d) is amended by inserting (b)(1)(A)
after
subsections
.
(e)
(1)Except as otherwise provided in this subsection, the
amendments made by this section shall take effect as if included in the
provisions of the Energy Policy Act of 2005 to which they relate.
(2)Nonapplication of
exemption for off-highway business useThe amendment made by
subsection (d)(3) shall apply to fuel sold for use or used after the date of
the enactment of this Act.
(3)Amendment made
by the SAFETEA–LUThe amendment made by subsection (d)(2)(C)(ii)
shall take effect as if included in section 11161 of the SAFETEA–LU.
6.Amendments
related to the American Jobs Creation Act of 2004
(a)Amendments
related to section 710 of the Act
(1)Clause (ii) of
section 45(c)(3)(A) is amended by striking which is segregated from
other waste materials and
.
(2)Subparagraph (B)
of section 45(d)(2) is amended by inserting and
at the end of
clause (i), by striking clause (ii), and by redesignating clause (iii) as
clause (ii).
(b)Amendments
related to section 848 of the Act
(1)Section 470 is
amended by redesignating subsections (e), (f), and (g) as subsections (f), (g),
and (h) and by inserting after subsection (d) the following new
subsection:
(e)Exception for
certain partnerships
(1)In the case of any
property which would (but for this subsection) be tax-exempt use property
solely by reason of section 168(h)(6), such property shall not be treated as
tax-exempt use property for purposes of this section for any taxable year of
the partnership if—
(A)such property is
not property of a character subject to the allowance for depreciation,
(B)any credit is
allowable under section 42 or 47 with respect to such property, or
(C)except as provided
in regulations prescribed by the Secretary under subsection (h)(4), the
requirements of paragraphs (2) and (3) are met with respect to such property
for such taxable year.
(2)
(A)The requirement of
this paragraph is met for any taxable year with respect to any property owned
by the partnership if (at all times during the taxable year) not more than the
allowable partnership amount of funds are—
(i)subject to any
arrangement referred to in subparagraph (C), or
(ii)set aside or
expected to be set aside,
to or
for the benefit of any taxable partner of the partnership or any lender, or to
or for the benefit of any tax-exempt partner of the partnership to satisfy any
obligation of such tax-exempt partners to the partnership, any taxable partner
of the partnership, or any lender.(B)Allowable
partnership amountFor purposes of this subsection, the term
allowable partnership amount
means, as of any date, the greater
of—
(i)the sum of—
(I)20 percent of the
sum of the taxable partners’ capital accounts determined as of such date under
the rules of section 704(b), plus
(II)20 percent of the
sum of the taxable partners’ share of the recourse liabilities of the
partnership as determined under section 752, or
(ii)20
percent of the aggregate debt of the partnership as of such date.
(iii)No allowable
partnership amount for arrangements outside the partnershipThe
allowable partnership amount shall be zero with respect to any set aside or
arrangement under which any of the funds referred to in subparagraph (A) are
not partnership property.
(C)The
arrangements referred to in this subparagraph include a loan by a tax-exempt
partner or the partnership to any taxable partner, the partnership, or any
lender and any arrangement referred to in subsection (d)(1)(B).
(D)
(i)Exception for
short-term fundsFunds which are set aside, or subject to any
arrangement, for a period of less than 12 months shall not be taken into
account under subparagraph (A). Except as provided by the Secretary, all
related set asides and arrangements shall be treated as 1 arrangement for
purposes of this clause.
(ii)Economic
relationship testFunds shall not be taken into account under
subparagraph (A) if such funds—
(I)bear no connection
to the economic relationships among the partners, and
(II)bear no
connection to the economic relationships among the partners and the
partnership.
(iii)Reasonable
person standardFor purpose of subparagraph (A)(ii), funds shall
be treated as set aside or expected to be set aside only if a reasonable person
would conclude, based on the facts and circumstances, that such funds are set
aside or expected to be set aside.
(3)
(A)The requirement of this paragraph is met for any taxable
year with respect to any property owned by the partnership if (at all times
during such taxable year)—
(i)each tax-exempt
partner does not have an option to purchase (or compel distribution of) such
property or any direct or indirect interest in the partnership at any time
other than at the fair market value of such property or interest at the time of
such purchase or distribution, and
(ii)the partnership
and each taxable partner does not have an option to sell (or compel
distribution of) such property or any direct or indirect interest in the
partnership to a tax-exempt partner at any time other than at the fair market
value of such property or interest at the time of such sale or
distribution.
(B)Option for
determination of fair market valueUnder regulations prescribed
by the Secretary, a value of property determined on the basis of a formula
shall be treated for purposes of subparagraph (A) as the fair market value of
such property if such value is determined on the basis of objective criteria
that are reasonably designed to approximate the fair market value of such
property at the time of the purchase, sale, or distribution, as the case may
be.
.
(2)Subsection (g) of section 470, as
redesignated by paragraph (1), is amended by adding at the end the following
new paragraphs:
(5)The term tax-exempt partner
means, with
respect to any partnership, any partner of such partnership which is a
tax-exempt entity within the meaning of section 168(h)(6).
(6)The term taxable partner
means, with
respect to any partnership, any partner of such partnership which is not a
tax-exempt
partner.
.
(3)Subsection (h) of
section 470, as redesignated by paragraph (1), is amended—
(A)by striking
, and
at the end of paragraph (1) and inserting or owned
by the same partnership,
,
(B)by striking the
period at the end of paragraph (2) and inserting a comma, and
(C)by adding at the
end the following new paragraphs:
(3)provide for the
application of this section to tiered and other related partnerships,
and
(4)provide for the
treatment of partnership property (other than property described in subsection
(e)(1)(A)) as tax-exempt use property if such property is used in an
arrangement which is inconsistent with the purposes of this section determined
by taking into account one or more of the following factors:
(A)A tax-exempt
partner maintains physical possession or control or holds the benefits and
burdens of ownership with respect to such property.
(B)There is
insignificant equity investment in such property by any taxable partner.
(C)The transfer of
such property to the partnership does not result in a change in use of such
property.
(D)Such property is
necessary for the provision of government services.
(E)The deductions for
depreciation with respect to such property are allocated disproportionately to
one or more taxable partners relative to such partner’s risk of loss with
respect to such property or to such partner’s allocation of other partnership
items.
(F)Such other factors
as the Secretary may
determine.
.
(4)Paragraph (2) of
section 470(c) is amended—
(A)by striking
and
at the end of subparagraph (A), by redesignating
subparagraph (B) as subparagraph (C), and by inserting after subparagraph (A)
the following new subparagraph:
(B)by treating the
entire property as tax-exempt use property if any portion of such property is
treated as tax-exempt use property by reason of paragraph (6)
thereof.
,
and
(B)by striking the
flush sentence at the end.
(5)Subparagraph (A)
of section 470(d)(1) is amended by striking (at any time during the
lease term)
and inserting (at all times during the lease
term)
.
(c)Amendments
related to section 888 of the Act
(1)Subparagraph (A) of
section 1092(a)(2) is amended by striking and
at the end of
clause (ii), by redesignating clause (iii) as clause (iv), and by inserting
after clause (ii) the following new clause:
(iii)if the application of clause (ii) does not
result in an increase in the basis of any offsetting position in the identified
straddle, the basis of each of the offsetting positions in the identified
straddle shall be increased in a manner which—
(I)is reasonable,
consistent with the purposes of this paragraph, and consistently applied by the
taxpayer, and
(II)results in an
aggregate increase in the basis of such offsetting positions which is equal to
the loss described in clause (ii),
and
.
(2)(A)Subparagraph (B) of
section 1092(a)(2) is amended by adding at the end the following flush
sentence:
A
straddle shall be treated as clearly identified for purposes of clause (i) only
if such identification includes an identification of the positions in the
straddle which are offsetting with respect other positions in the
straddle..
(B)Subparagraph (A) of section 1092(a)(2)
is amended—
(i)by striking identified
positions
in clause (i) and inserting positions
,
(ii)by striking identified
position
in clause (ii) and inserting position
,
and
(iii)by striking identified
offsetting positions
in clause (ii) and inserting offsetting
positions
.
(C)Subparagraph (B) of section 1092(a)(3)
is amended by striking identified offsetting position
and
inserting offsetting position
.
(3)Paragraph (2) of
section 1092(a) is amended by redesignating subparagraph (C) as subparagraph
(D) and inserting after subparagraph (B) the following new subparagraph:
(C)Application to
liabilities and obligationsExcept as otherwise provided by the
Secretary, rules similar to the rules of clauses (ii) and (iii) of subparagraph
(A) shall apply for purposes of this paragraph with respect to any position
which is, or has been, a liability or
obligation.
.
(4)Subparagraph (D)
of section 1092(a)(2), as redesignated by paragraph (3), is amended by
inserting the rules for the application of this section to a position
which is or has been a liability or obligation, methods of loss allocation
which satisfy the requirements of subparagraph (A)(iii),
before
and the ordering rules
.
(d)The amendments made by this section shall take effect as if
included in the provisions of the American Jobs Creation Act of 2004 to which
they relate.
7.Amendment related
to the Jobs and Growth Tax Relief Reconciliation Act of 2003
(a)Amendment
related to section 302 of the ActClause (ii) of section 1(h)(11)(B) is
amended by striking and
at the end of subclause (II), by
striking the period at the end of subclause (III) and inserting ,
and
, and by adding at the end the following new subclause:
(IV)any dividend
received from a corporation which is a DISC or former DISC (as defined in
section 992(a)) to the extent such dividend is paid out of the corporation’s
accumulated DISC income or is a deemed distribution pursuant to section
995(b)(1).
.
(b)The amendment made by
this section shall apply to dividends received on or after September 29, 2006,
in taxable years ending after such date.
8.Amendments
related to the Economic Growth and Tax Relief Reconciliation Act of
2001
(a)Amendments
related to section 617 of the Act
(1)Subclause (II) of section 402(g)(7)(A)(ii)
is amended by striking for prior taxable years
and inserting
permitted for prior taxable years by reason of this
paragraph
.
(2)Subparagraph (A)
of section 3121(v)(1) is amended by inserting or consisting of
designated Roth contributions (as defined in section 402A(c))
before
the comma at the end.
(b)The amendments made by this section shall take effect as if
included in the provisions of the Economic Growth and Tax Relief Reconciliation
Act of 2001 to which they relate.
9.Amendment related to
the Tax Relief Extension Act of 1999
(a)Amendment
related to section 507 of the ActClause (i) of section
45(e)(7)(A) is amended by striking placed in service by the
taxpayer
and inserting originally placed in
service
.
(b)The amendment made by this section shall take effect as if
included in section 507 of the Tax Relief Extension Act of 1999.
10.Amendment
related to the Internal Revenue Service Restructuring and Reform Act of
1998
(a)Amendment
related to section 3509 of the ActParagraph (3) of section
6110(i) is amended by inserting and related background file
documents
after Chief Counsel advice
in the matter
preceding subparagraph (A).
(b)The amendment made by this section shall take effect as if
included in the provision of the Internal Revenue Service Restructuring and
Reform Act of 1998 to which it relates.
11.
(a)
(1)Paragraph (5) of
section 21(e) is amended by striking section 152(e)(3)(A)
in the
flush matter after subparagraph (B) and inserting section
152(e)(4)(A)
.
(2)Paragraph (3) of
section 25C(c) is amended by striking section 3280
and inserting
part 3280
.
(3)Subsection (a) of
section 34 is amended—
(A)in paragraph (1),
by striking with respect to gasoline used during the taxable year on a
farm for farming purposes
,
(B)in paragraph (2),
by striking with respect to gasoline used during the taxable year (A)
otherwise than as a fuel in a highway vehicle or (B) in vehicles while engaged
in furnishing certain public passenger land transportation service
,
and
(C)in paragraph (3),
by striking with respect to fuels used for nontaxable purposes or resold
during the taxable year
.
(4)Paragraph (2) of
section 35(d) is amended—
(A)by striking
paragraph (2) or (4) of
, and
(B)by striking
(within the meaning of section 152(e)(1))
and inserting
(as defined in section 152(e)(4)(A))
.
(5)Paragraph (24) of
section 38(b) is amended by striking and
at the end.
(6)Paragraphs (2) and
(3) of section 45L(c) are each amended by striking section 3280
and inserting part 3280
.
(7)Clause (ii) of
section 48A(d)(4)(B) is amended by striking subsection
both
places it appears.
(8)The last sentence
of section 125(b)(2) is amended by striking last sentence
and
inserting second sentence
.
(9)Subclause (II) of
section 167(g)(8)(C)(ii) is amended by striking section
263A(j)(2)
and inserting section 263A(i)(2)
.
(10)Subparagraph (G)
of section 1260(c)(2) is amended by adding and
at the
end.
(11)Paragraph (2) of
section 1297(a) is amended by striking subsection (e)
and
inserting subsection (f)
.
(12)Paragraph (2) of
section 1400O is amended by striking under of
and inserting
under
.
(13)The table of
sections for part II of subchapter Y of chapter 1 is amended by adding at the
end the following new item:
Sec. 1400T. Special rules for mortgage
revenue
bonds.
.
(14)Subsection (b) of
section 4082 is amended to read as follows:
(b)For purposes of this
section, the term nontaxable use
means—
(1)any use which is
exempt from the tax imposed by section 4041(a)(1) other than by reason of a
prior imposition of tax,
(2)any use in a
train, and
(3)any use described
in section 4041(a)(1)(C)(iii)(II).
The term
nontaxable use
does not include the use of kerosene in an
aircraft and such term shall not include any use described in section
6421(e)(2)(C)..
(15)Paragraph (4) of
section 4101(a) (relating to registration in event of change of ownership) is
redesignated as paragraph (5).
(16)Paragraph (6) of
section 4965(c) is amended by striking section 4457(e)(1)(A)
and
inserting section 457(e)(1)(A)
.
(17)Subpart C of part
II of subchapter A of chapter 51 is amended by redesignating section 5432
(relating to recordkeeping by wholesale dealers) as section 5121.
(18)Paragraph (2) of
section 5732(c), as redesignated by section 11125(b)(20)(A) of the SAFETEA–LU,
is amended by striking this subpart
and inserting this
subchapter
.
(19)Paragraph (3) of section 6427(e) (relating
to termination), as added by section 11113 of the SAFETEA–LU, is redesignated
as paragraph (5) and moved after paragraph (4).
(20)Clause (ii) of
section 6427(l)(4)(A) is amended by striking section
4081(a)(2)(iii)
and inserting section
4081(a)(2)(A)(iii)
.
(21)(A)Section 6427, as amended
by section 1343(b)(1) of the Energy Policy Act of 2005, is amended by striking
subsection (p) and redesignating subsection (q) as subsection (p).
(B)The Internal Revenue Code of 1986
shall be applied and administered as if the amendments made by paragraph (2) of
section 11151(a) of the SAFETEA–LU had never been enacted.
(22)(A)Paragraph (3) of section
9002 is amended by striking section 309(a)(1)
and inserting
section 306(a)(1)
.
(B)Paragraph (1) of section 9004(a) is
amended by striking section 320(b)(1)(B)
and inserting
section 315(b)(1)(B)
.
(C)Paragraph (3) of section 9032 is
amended by striking section 309(a)(1)
and inserting
section 306(a)(1)
.
(D)Subsection (b) of section 9034 is
amended by striking section 320(b)(1)(A)
and inserting
section 315(b)(1)(A)
.
(23)Section 9006 is
amended by striking Comptroller General
each place it appears
and inserting Commission
.
(24)Subsection (c) of
section 9503 is amended by redesignating paragraph (7) (relating to transfers
from the trust fund for certain aviation fuels taxes) as paragraph (6).
(25)Paragraph (1) of
section 1301(g) of the Energy Policy Act of 2005 is amended by striking
shall take effect of the date of the enactment
and inserting
shall take effect on the date of the enactment
.
(b)Clerical
amendments related to the Gulf Opportunity Zone Act of 2005
(1)Amendments
related to section 402 of the ActSubparagraph (B) of section
24(d)(1) is amended—
(A)by striking
the excess (if any) of
in the matter preceding clause (i) and
inserting the greater of
, and
(B)by striking
section
in clause (ii)(II) and inserting section
32
.
(2)The amendments made by this subsection shall take effect as
if included in the provisions of the Gulf Opportunity Zone Act of 2005 to which
they relate.
(c)Clerical
amendments related to the Safe, Accountable, Flexible, Efficient Transportation
Equity Act: A Legacy for Users
(1)Amendments
related to section 11163 of the ActSubparagraph (C) of section
6416(a)(4) is amended—
(A)by striking
ultimate vendor
and all that follows through has
certified
and inserting ultimate vendor or credit card issuer
has certified
, and
(B)by striking
all ultimate purchasers of the vendor
and all that follows
through are certified
and inserting all ultimate
purchasers of the vendor or credit card issuer are certified
.
(2)The amendments made by
this subsection shall take effect as if included in the provisions of the Safe,
Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users
to which they relate.
(d)Clerical
amendments related to the Energy Policy Act of 2005
(1)Amendment related
to section 1344 of the ActSubparagraph (B) of section
6427(e)(5), as redesignated by subsection (a)(19), is amended by striking
2006
and inserting 2008
.
(2)Amendments
related to section 1351 of the ActSubparagraphs (A)(ii) and
(B)(ii) of section 41(f)(1) are each amended by striking qualified
research expenses and basic research payments
and inserting
qualified research expenses, basic research payments, and amounts paid
or incurred to energy research consortiums,
.
(3)The amendments made by this subsection shall take effect as
if included in the provisions of the Energy Policy Act of 2005 to which they
relate.