1.Short title; amendment of
1986 Code; table of contents
(a)This Act may be cited as the Alternative Minimum Tax and Extenders Tax Relief Act of
2008
.
(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.
TITLE I—Alternative minimum tax relief
Sec. 101. Extension of alternative minimum tax relief for
nonrefundable personal credits.
Sec. 102. Extension of increased alternative minimum tax
exemption amount.
TITLE II—Individual tax provisions
Sec. 201. Election to include combat pay as earned income for
purposes of the earned income credit.
Sec. 202. Distributions from retirement plans to individuals
called to active duty.
Sec. 203. Deduction for State and local sales
taxes.
Sec. 204. Deduction of qualified tuition and related
expenses.
Sec. 205. Deduction for certain expenses of elementary and
secondary school teachers.
Sec. 206. Modification of mortgage revenue bonds for
veterans.
Sec. 207. Tax-free distributions from individual retirement
plans for charitable purposes.
Sec. 208. Treatment of certain dividends of regulated
investment companies.
Sec. 209. Stock in RIC for purposes of determining estates of
nonresidents not citizens.
Sec. 210. Qualified investment entities.
Sec. 211. Qualified conservation contributions.
TITLE III—Business tax provisions
Sec. 301. Extension and modification of research
credit.
Sec. 302. New markets tax credit.
Sec. 303. Subpart F exception
for active financing income.
Sec. 304. Extension of look-thru rule for related controlled
foreign corporations.
Sec. 305. Extension of 15-year straight-line cost recovery for
qualified leasehold improvements and qualified restaurant
improvements.
Sec. 306. Enhanced charitable deduction for contributions of
food inventory.
Sec. 307. Extension of enhanced charitable deduction for
contributions of book inventory.
Sec. 308. Modification of tax treatment of certain payments to
controlling exempt organizations.
Sec. 309. Basis adjustment to stock of S corporations making
charitable contributions of property.
Sec. 310. Increase in limit on cover over of rum excise tax to
Puerto Rico and the Virgin Islands.
Sec. 311. Parity in the application of certain limits to mental
health benefits.
Sec. 312. Extension of economic development credit for American
Samoa.
Sec. 313. Extension of mine rescue team training
credit.
Sec. 314. Extension of election to expense advanced mine safety
equipment.
Sec. 315. Extension of expensing rules for qualified film and
television productions.
Sec. 316. Deduction allowable with respect to income
attributable to domestic production activities in Puerto Rico.
Sec. 317. Extension of qualified zone academy
bonds.
Sec. 318. Indian employment credit.
Sec. 319. Accelerated depreciation for business property on
Indian reservation.
Sec. 320. Railroad track maintenance.
Sec. 321. Seven-year cost recovery period for motorsports
racing track facility.
Sec. 322. Expensing of environmental remediation
costs.
Sec. 323. Extension of work opportunity tax credit for
Hurricane Katrina employees.
TITLE IV—Extensions of energy provisions
Sec. 401. Extension of credit for energy efficient
appliances.
Sec. 402. Extension of credit for nonbusiness energy
property.
Sec. 403. Extension of credit for residential energy efficient
property.
Sec. 404. Extension of renewable electricity, refined coal, and
Indian coal production credit.
Sec. 405. Extension of new energy efficient home
credit.
Sec. 406. Extension of energy credit.
Sec. 407. Extension and modification of credit for clean
renewable energy bonds.
Sec. 408. Extension of energy efficient commercial buildings
deduction.
TITLE V—Tax administration
Sec. 501. Permanent authority for undercover
operations.
Sec. 502. Permanent disclosures of certain tax return
information.
Sec. 503. Disclosure of information relating to terrorist
activities.
<enum>I</enum><header>Alternative
minimum tax relief</header>
<section id="H57DC299C7B1245FEBE481139B8F237A6"><enum>101.</enum><header>Extension of
alternative minimum tax relief for nonrefundable personal credits</header>
<subsection id="HEC363C8528CC4D64ADE77577C7B3F5B3"><enum>(a)</enum><header>In
general</header><text>Paragraph (2) of section 26(a) (relating to special rule
for taxable years 2000 through 2007) is amended—</text>
<paragraph id="HB37EAC7763544FEFBF8EBE5127100076"><enum>(1)</enum><text>by striking
<quote>or 2007</quote> and inserting <quote>2007, or 2008</quote>, and</text>
</paragraph><paragraph id="H0753F138348F4CDDA5C28B350027ECAD"><enum>(2)</enum><text>by striking
<quote><header-in-text level="paragraph" style="OLC">2007</header-in-text></quote> in the heading thereof and inserting
<quote><header-in-text level="paragraph" style="OLC">2008</header-in-text></quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H6D371EEC1BE54139949E281F55C00D3"><enum>(b)</enum><header> Effective
date</header><text>The amendments made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section display-inline="no-display-inline" id="H31808C50F0D041CCACF2EA2731CBB8" section-type="subsequent-section"><enum>102.</enum><header>Extension of
increased alternative minimum tax exemption amount</header>
<subsection id="HF61F3B9876424A85B5D9ADE858368D6C"><enum>(a)</enum><header>In
general</header><text>Paragraph (1) of section 55(d) (relating to exemption
amount) is amended—</text>
<paragraph id="HAF91B01B4DE6433EBDDE6CD6E82FEBC7"><enum>(1)</enum><text>by striking
<quote>($66,250 in the case of taxable years beginning in 2007)</quote> in
subparagraph (A) and inserting <quote>($69,950 in the case of taxable years
beginning in 2008)</quote>, and</text>
</paragraph><paragraph id="H5C96436946D04E84B9A074D1784DCEC9"><enum>(2)</enum><text>by striking
<quote>($44,350 in the case of taxable years beginning in 2007)</quote> in
subparagraph (B) and inserting <quote>($46,200 in the case of taxable years
beginning in 2008)</quote>.</text>
</paragraph></subsection><subsection id="H0D21C9D2E96A4E2F00E7FD74BFEAD2F6"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><enum>II</enum><header>Individual tax
provisions</header>
<section commented="no" id="idD2192FD9C5564B578800445A517BA089"><enum>201.</enum><header>Election to
include combat pay as earned income for purposes of the earned income
credit</header>
<subsection id="IDA33AD759E0424354A14B3C15163C71B9"><enum>(a)</enum><header>In
general</header><text>Subclause (II) of section 32(c)(2)(B)(vi) (defining
earned income) is amended by striking <quote>January 1, 2008</quote> and
inserting <quote>January 1, 2010</quote>.</text>
</subsection><subsection id="id4732A3CF85664F918E326787684968F5"><enum>(b)</enum><header>Conforming
amendment</header><text>Paragraph (4) of section 6428, as amended by the
Economic Stimulus Act of 2008, is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="idD787E513DB98409CA2EF68EC368ACA54" style="OLC">
<paragraph id="H6DDA45658C97469A91A0C9DCEED99BE"><enum>(4)</enum><header>Earned
income</header><text>The term <quote>earned income</quote> has the meaning set
forth in section 32(c)(2) except that such term shall not include net earnings
from self-employment which are not taken into account in computing taxable
income.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id122F87B82DBE478C9B9AC778AD677AF3"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to taxable
years ending after December 31, 2007.</text>
</subsection></section><section id="ID24EC1C36A1B14F96AD1F69CEDA7E4AB7"><enum>202.</enum><header>Distributions
from retirement plans to individuals called to active duty</header>
<subsection id="ID7BB2E27C319B4312AEDAB5ED3C7A4778"><enum>(a)</enum><header>In
General</header><text>Clause (iv) of section 72(t)(2)(G) is amended by striking
<quote>December 31, 2007</quote> and inserting <quote>January 1,
2010</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID792C030DEDC54FD095A6FFB1880E85E1"><enum>(b)</enum><header>Effective
Date</header><text>The amendment made by this section shall apply to
individuals ordered or called to active duty on or after December 31,
2007.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="HB2FDAE35D5044852BC6056D5A46AF7B" section-type="subsequent-section"><enum>203.</enum><header>Deduction for State
and local sales taxes</header>
<subsection commented="no" id="H6384FC8E37794408B468F9AB11C56904"><enum>(a)</enum><header>In
general</header><text>Subparagraph (I) of section 164(b)(5) is amended by
striking <quote>January 1, 2008</quote> and inserting <quote>January 1,
2010</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H6A642AB987A944DB90DBA4F73200002B"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section display-inline="no-display-inline" id="H0911F6083497447BADAC09E0B98D67E8" section-type="subsequent-section"><enum>204.</enum><header>Deduction of
qualified tuition and related expenses</header>
<subsection id="H368783DD7DA3431393444914D220F212"><enum>(a)</enum><header>In
general</header><text>Subsection (e) of section 222 (relating to termination)
is amended by striking <quote>December 31, 2007</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H2C328B0E0ABA43FB811DB19FDF3E023D"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section id="H406032AA87AC43E6932DE34D0265E7CB"><enum>205.</enum><header>Deduction for
certain expenses of elementary and secondary school teachers</header>
<subsection id="HF5EEB86D797845D9A215450007B3CB46"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Subparagraph (D) of
section 62(a)(2) (relating to certain expenses of elementary and secondary
school teachers) is amended by striking <quote>or 2007</quote> and inserting
<quote>2007, 2008, or 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="HBC8B0662C20F442982D3CAD00DDB64"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by subsection (a) shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section commented="no" id="IDA4A63939BF4D492B9D52E24025ACC405"><enum>206.</enum><header>Modification
of mortgage revenue bonds for veterans</header>
<subsection commented="no" id="IDB7FB19A31F6143A9959DD761A263D013"><enum>(a)</enum><header>Qualified
Mortgage Bonds Used To Finance Residences for Veterans Without Regard to
First-Time Homebuyer Requirement</header><text>Subparagraph (D) of section
143(d)(2) (relating to exceptions) is amended by inserting <quote>and after the
date of the enactment of the <short-title>Alternative
Minimum Tax and Extenders Tax Relief Act of 2008</short-title> and before
January 1, 2010</quote> after <quote>January 1, 2008</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDED7B238329254567BE4A7A2A6E345DDB"><enum>(b)</enum><header>Effective
Date</header><text>The amendment made by this section shall apply to bonds
issued after the date of the enactment of this Act.</text>
</subsection></section><section display-inline="no-display-inline" id="HBE1ED2DFA39F4B72B75D702DCC851F82" section-type="subsequent-section"><enum>207.</enum><header>Tax-free
distributions from individual retirement plans for charitable purposes</header>
<subsection id="H043D149B7F98453BBE7D2EC237A200F0"><enum>(a)</enum><header>In
general</header><text>Subparagraph (F) of section 408(d)(8) (relating to
termination) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="HA3FD08413557463DB818980057E367BD"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
distributions made in taxable years beginning after December 31, 2007.</text>
</subsection></section><section id="HE92E18ACDC924C128B2591CFFBAD3318"><enum>208.</enum><header>Treatment of
certain dividends of regulated investment companies</header>
<subsection id="H6571314F159F40F2AF74F07F9B99553B"><enum>(a)</enum><header>Interest-related
dividends</header><text>Subparagraph (C) of section 871(k)(1) (defining
interest-related dividend) is amended by striking <quote>December 31,
2007</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection display-inline="no-display-inline" id="H37A2A5EE703D42430031C9048FD3EA06"><enum>(b)</enum><header>Short-term
capital gain dividends</header><text display-inline="yes-display-inline">Subparagraph (C) of section 871(k)(2)
(defining short-term capital gain dividend) is amended by striking
<quote>December 31, 2007</quote> and inserting <quote>December 31,
2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="HE71CC284151A4FF28F36E3AB773626F3"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to dividends
with respect to taxable years of regulated investment companies beginning after
December 31, 2007.</text>
</subsection></section><section id="H6D2636AA9D994D53B0EDA94C39DF49CF"><enum>209.</enum><header>Stock in RIC
for purposes of determining estates of nonresidents not citizens</header>
<subsection id="HAFFAB50AD02340BD911C1300B87E27E4"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Paragraph (3) of
section 2105(d) (relating to stock in a RIC) is amended by striking
<quote>December 31, 2007</quote> and inserting <quote>December 31,
2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H0F50791A1D2A4C9F964C247BB1B6BF16"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to decedents
dying after December 31, 2007.</text>
</subsection></section><section id="H5DF67FCF22544DBEB81983D8E36E778E"><enum>210.</enum><header>Qualified
investment entities</header>
<subsection id="H64506A0A8F7C46F58B814B68D82018A3"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Clause (ii) of
section 897(h)(4)(A) (relating to termination) is amended by striking
<quote>December 31, 2007</quote> and inserting <quote>December 31,
2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H8104FBEAD0BD49C593C2C56C545E515D"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by subsection (a) shall take effect on
January 1, 2008.</text>
</subsection></section><section display-inline="no-display-inline" id="HFC8D5C6402A649419887DCAB5F95D19" section-type="subsequent-section"><enum>211.</enum><header>Qualified
conservation contributions</header>
<subsection id="HBFB0759BCA3C4734A8B467FA2DD90623"><enum>(a)</enum><header>In
general</header><text>Clause (vi) of section 170(b)(1)(E) (relating to
termination) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="id3CBC193C950B4121B7F3EE86E4665399"><enum>(b)</enum><header>Contributions
by corporate farmers and ranchers</header><text>Clause (iii) of section
170(b)(2)(B) (relating to termination) is amended by striking <quote>December
31, 2007</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H9A9A6C8A59AD4B04BBAEE223356F78D"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to
contributions made in taxable years beginning after December 31, 2007.</text>
</subsection></section><enum>III</enum><header>Business tax
provisions</header>
<section id="id8C04D6A5F6E9420AADCF63FFB7DB465D"><enum>301.</enum><header>Extension and
modification of research credit</header>
<subsection id="id38E78F1C8EAB480FB0013A4738D39FC8"><enum>(a)</enum><header>Extension</header><text>Section
41(h) (relating to termination) is amended—</text>
<paragraph id="idBC5CB29BA9AC49E3A0335EA240F25BB6"><enum>(1)</enum><text>by striking
<quote>December 31, 2007</quote> and inserting <quote>December 31, 2009</quote>
in paragraph (1)(B),</text>
</paragraph><paragraph id="idDBFA1DA5B4FB4BC7B83D32C14514DB7A"><enum>(2)</enum><text>by redesignating
paragraph (2) as paragraph (3), and</text>
</paragraph><paragraph id="id385C9180FD1D40AAB31736AE83CE942B"><enum>(3)</enum><text>by inserting
after paragraph (1) the following new paragraph:</text>
<quoted-block act-name="" id="idCF380E917130436694F980323F92B0E4" style="OLC">
<paragraph id="id1CA0F87C8BD24C91A6CAC70DFBB7E2D3"><enum>(2)</enum><header>Termination of
alternative incremental credit</header><text>No election under subsection
(c)(4) shall apply to amounts paid or incurred after December 31,
2007.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="idDE56EF299B3A4B28A45D27692779FBEB"><enum>(b)</enum><header>Modification of
alternative simplified credit</header><text>Paragraph (5)(A) of section 41(c)
(relating to election of alternative simplified credit) is amended to read as
follows:</text>
<quoted-block act-name="" id="id7257ACE457E844E5BF806AF368FE90E1" style="OLC">
<subparagraph id="id4A7A2CF159134B1EBB62D30750F427FA"><enum>(A)</enum><header>In
general</header>
<clause id="idA2A607605F694DB2BC7B288ADD6E20B4"><enum>(i)</enum><header>Calculation of
credit</header><text>At the election of the taxpayer, the credit determined
under subsection (a)(1) shall be equal to the applicable percentage (as defined
in clause (ii)) of so much of the qualified research expenses for the taxable
year as exceeds 50 percent of the average qualified research expenses for the 3
taxable years preceding the taxable year for which the credit is being
determined.</text>
</clause><clause id="id1E6CB14902CF431EB5FF98CE035E3D26"><enum>(ii)</enum><header>Applicable
percentage</header><text>For purposes of the calculation under clause (i), the
applicable percentage is—</text>
<subclause id="id91751B099F5B48B68EBA4A055590A704"><enum>(I)</enum><text>14 percent, in
the case of taxable years ending before January 1, 2009, and</text>
</subclause><subclause id="id036B0C507B2E4033BE37CED7A86984E0"><enum>(II)</enum><text>16 percent, in
the case of taxable years beginning after December 31,
2008.</text>
</subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id2B91CD12DB2547609D734BA065CA2596"><enum>(c)</enum><header>Conforming
amendment</header><text>Subparagraph (D) of section 45C(b)(1) (relating to
special rule) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="idE6545E2C2E7A456DBAF53B3F88874DBA"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to amounts
paid or incurred after December 31, 2007.</text>
</subsection></section><section id="H760774BC72734740A85E010060018121"><enum>302.</enum><header>New markets tax
credit</header><text display-inline="no-display-inline">Subparagraph (D) of
section 45D(f)(1) (relating to national limitation on amount of investments
designated) is amended by striking <quote>and 2008</quote> and inserting
<quote>2008, and 2009</quote>.</text>
</section><section id="ID5679FBC3740C43D5B67BD5EFABE46C8A"><enum>303.</enum><header>Subpart
<enum-in-header>F</enum-in-header> exception for active financing
income</header>
<subsection id="ID84C8D4E15F1B4A209EC5D250BB81FF14"><enum>(a)</enum><header>Exempt
insurance income</header><text>Paragraph (10) of section 953(e) (relating to
application) is amended—</text>
<paragraph id="IDBCE102C0DCB245CDA57C8599F9050A55"><enum>(1)</enum><text>by striking
<quote>January 1, 2009</quote> and inserting <quote>January 1, 2010</quote>,
and</text>
</paragraph><paragraph id="ID8047712002AD4EB5B474421F7ADB2733"><enum>(2)</enum><text>by striking
<quote>December 31, 2008</quote> and inserting <quote>December 31,
2009</quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID582B3AF3290E4ED58F303195FF3BF392"><enum>(b)</enum><header>Exception to
treatment as foreign personal holding company income</header><text>Paragraph
(9) of section 954(h) (relating to application) is amended by striking
<quote>January 1, 2009</quote> and inserting <quote>January 1,
2010</quote>.</text>
</subsection></section><section id="ID43F6CC22F0FE44AB90CC69470A676BD8"><enum>304.</enum><header>Extension of
look-thru rule for related controlled foreign corporations</header>
<subsection id="IDF2B444DFE31840BFB18813E8020D7A90"><enum>(a)</enum><header>In
general</header><text>Subparagraph (B) of section 954(c)(6) (relating to
application) is amended by striking <quote>January 1, 2009</quote> and
inserting <quote>January 1, 2010</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDDFA43DA0A4CA49578DC3D82067F3D52E"><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, 2007, and to taxable
years of United States shareholders with or within which such taxable years of
foreign corporations end.</text>
</subsection></section><section id="IDE7B4D27BF86C4B6593E65E6D422F0496"><enum>305.</enum><header>Extension of
15-year straight-line cost recovery for qualified leasehold improvements and
qualified restaurant improvements</header>
<subsection id="IDBE746848356E4AF3A97B6373A4309340"><enum>(a)</enum><header>In
general</header><text>Clauses (iv) and (v) of section 168(e)(3)(E) (relating to
15-year property) are each amended by striking <quote>January 1, 2008</quote>
and inserting <quote>January 1, 2010</quote>.</text>
</subsection><subsection id="IDCB131062A22945EDBD09958C6B247201"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to property
placed in service after December 31, 2007.</text>
</subsection></section><section commented="no" id="H8E64E530DB4B4DC2A96B6F6DBE17CB06"><enum>306.</enum><header>Enhanced
charitable deduction for contributions of food inventory</header>
<subsection commented="no" id="HFFE3C000BB0746A5BB3F3DE3404AF7"><enum>(a)</enum><header>In
general</header><text>Clause (iv) of section 170(e)(3)(C) (relating to
termination) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H6837DE957F334372BD51B2EBFE545C43"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
contributions made after December 31, 2007.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="id63DBF9B04F334B00AE5F4EC6B39B9FAF"><enum>307.</enum><header>Extension of
enhanced charitable deduction for contributions of book inventory</header>
<subsection commented="no" display-inline="no-display-inline" id="idE6443A8C015143C3BB335B0AEE2F51A5"><enum>(a)</enum><header>Extension</header><text>Clause
(iv) of section 170(e)(3)(D) (relating to termination) is amended by striking
<quote>December 31, 2007</quote> and inserting <quote>December 31,
2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id3F37F734D0D04362B9ACD61F19674EFA"><enum>(b)</enum><header>Clerical
amendment</header><text>Clause (iii) of section 170(e)(3)(D) (relating to
certification by donee) is amended by inserting <quote>of books</quote> after
<quote>to any contribution</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id3CAA481F14C4450493B21BE12FE210F4"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to
contributions made after December 31, 2007.</text>
</subsection></section><section id="HC327A6861A0B41EF86E595C6F5047808"><enum>308.</enum><header>Modification of
tax treatment of certain payments to controlling exempt organizations</header>
<subsection id="H64C925302C9846479F17DB89EB395E16"><enum>(a)</enum><header>In
general</header><text>Clause (iv) of section 512(b)(13)(E) (relating to
termination) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H0F5CA84F487C4A4DBF01AC98A6076140"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to payments
received or accrued after December 31, 2007.</text>
</subsection></section><section display-inline="no-display-inline" id="H192138D5F89C49E6B630D32E9900037E" section-type="subsequent-section"><enum>309.</enum><header>Basis adjustment to
stock of S corporations making charitable contributions of property</header>
<subsection id="H98037D14367D40DB838FBE8C6F5E6B9C"><enum>(a)</enum><header>In
general</header><text>The last sentence of section 1367(a)(2) (relating to
decreases in basis) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="HD726C94443224E01A7E8C4373591AE4C"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
contributions made in taxable years beginning after December 31, 2007.</text>
</subsection></section><section id="HD360BDD1E3094BE08E67FBD8EA22E8D7"><enum>310.</enum><header>Increase in
limit on cover over of rum excise tax to Puerto Rico and the Virgin
Islands</header>
<subsection id="idA3E42E0B1FC84290A5958065FA9F7E2E"><enum>(a)</enum><header>In
general</header><text>Paragraph (1) of section 7652(f) is amended by striking
<quote>January 1, 2008</quote> and inserting <quote>January 1,
2010</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id6353D4C81D4648149EEA766C7C20DA0F"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to distilled
spirits brought into the United States after December 31, 2007.</text>
</subsection></section><section id="H59F20A817A804EDD9B790388F6DC60D8"><enum>311.</enum><header>Parity in the
application of certain limits to mental health benefits</header>
<subsection id="id1852937952B24F6DA3237C4143417244"><enum>(a)</enum><header>In
general</header><text>Subsection (f) of section 9812 (relating to application
of section) is amended—</text>
<paragraph id="id93AD68A8788246169E7C6A0292969133"><enum>(1)</enum><text>by striking
<quote>and</quote> at the end of paragraph (2),</text>
</paragraph><paragraph id="idF2FEA656DB9D4131A0DDCB5DE2C1ACC9"><enum>(2)</enum><text>by striking the
period at the end of paragraph (3) and inserting <quote>, and before the date
of the enactment of the <short-title>Alternative Minimum
Tax and Extenders Tax Relief Act of 2008</short-title>, and</quote>, and</text>
</paragraph><paragraph id="idE7E97B329D0E476FA461C4621EAD4359"><enum>(3)</enum><text>by adding at the
end the following new paragraph:</text>
<quoted-block act-name="" id="id479F65B1216943468AD1BB957FEEA989" style="OLC">
<paragraph id="idC8BCC0A571C04F9294EEFA6ABC3145B7"><enum>(4)</enum><text>after December
31,
2009.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="id2001F3BFA2DE4591B74D57B96823456E"><enum>(b)</enum><header>Amendment to
the Employee Retirement Income Security Act of 1974</header><text>Section
712(f) of the Employee Retirement Income Security Act of 1974 (29 U.S.C.
1185a(f)) is amended by inserting <quote>, and before the date of the enactment
of the <short-title>Alternative Minimum Tax and Extenders
Tax Relief Act of 2008</short-title>, and after December 31, 2009</quote> after
<quote>December 31, 2007</quote>.</text>
</subsection><subsection id="idFE76426AF94240FDA93A044B27378BA7"><enum>(c)</enum><header>Amendment to
the Public Health Service Act</header><text>Section 2705(f) of the Public
Health Service Act (42 U.S.C. 300gg–5(f)) is amended by inserting <quote>, and
before the date of the enactment of the <short-title>Alternative Minimum Tax and Extenders Tax Relief Act of
2008</short-title>, and after December 31, 2009</quote> after <quote>December
31, 2007</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id53D6346841C54E8C82CDA98014EA9C83"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to benefits
for services furnished on or after the date of the enactment of this
Act.</text>
</subsection></section><section id="H95EED196C3BB40E59CAC7D5E65FA788C"><enum>312.</enum><header>Extension of
economic development credit for American Samoa</header>
<subsection id="HD72B97E896114B98914481F315A69111"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Subsection (d) of
section 119 of division A of the Tax Relief and Health Care Act of 2006 is
amended—</text>
<paragraph id="H450099B466294B98A8E0D94F79DEEC8"><enum>(1)</enum><text>by
striking <quote>first two taxable years</quote> and inserting <quote>first 4
taxable years</quote>, and</text>
</paragraph><paragraph id="HC294B4BACE7C46C6AD6E8C02C869734B"><enum>(2)</enum><text>by striking
<quote>January 1, 2008</quote> and inserting <quote>January 1,
2010</quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="HF3ED8E784D594A4700D9A7021D03D431"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section display-inline="no-display-inline" id="id8FCAA6C6F7194634A682A4F913A18339"><enum>313.</enum><header>Extension of
mine rescue team training credit</header><text display-inline="no-display-inline">Section 45N(e) (relating to termination) is
amended by striking <quote>December 31, 2008</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</section><section display-inline="no-display-inline" id="id9B46DCE38067457F985335119B46C052"><enum>314.</enum><header>Extension of
election to expense advanced mine safety equipment</header><text display-inline="no-display-inline">Section
179E(g) (relating to termination) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</section><section display-inline="no-display-inline" id="id67702DC1BEB24E7BB6AADD1ACBDBC885"><enum>315.</enum><header>Extension of
expensing rules for qualified film and television productions</header><text display-inline="no-display-inline">Section 181(f) (relating to termination) is
amended by striking <quote>December 31, 2008</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</section><section id="H196DFA13D86C459AA893216D975B87F4"><enum>316.</enum><header>Deduction
allowable with respect to income attributable to domestic production activities
in Puerto Rico</header>
<subsection id="HE09C9686EF2C442EB14956002F43FCBA"><enum>(a)</enum><header>In
general</header><text>Subparagraph (C) of section 199(d)(8) (relating to
termination) is amended—</text>
<paragraph id="H50D41DBFCF594766B519FCA78DA26100"><enum>(1)</enum><text>by striking
<quote>first 2 taxable years</quote> and inserting <quote>first 4 taxable
years</quote>, and</text>
</paragraph><paragraph id="H55C685EBB5B1427091F12BDF969800AD"><enum>(2)</enum><text>by striking
<quote>January 1, 2008</quote> and inserting <quote>January 1,
2010</quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H077806D4C0F34341A673DB7682B36B82"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="id8891EB7526D84137A8475B5325923E4E"><enum>317.</enum><header>Extension of
qualified zone academy bonds</header>
<subsection commented="no" display-inline="no-display-inline" id="id7FAE9F09BB9C43CAA1AA6FC0E403F10D"><enum>(a)</enum><header>In
general</header><text>Paragraph (1) of section 1397E(e) is amended by striking
<quote>and 2007</quote> and inserting <quote>2007, 2008, and
2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id62BA2EF92C8F420D8090F72811190210"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
obligations issued after the date of the enactment of this Act.</text>
</subsection></section><section display-inline="no-display-inline" id="H12FD917F96A543E9BB365817C735F7B2" section-type="subsequent-section"><enum>318.</enum><header>Indian employment
credit</header>
<subsection id="H994638FE5C754634BC764CB115865760"><enum>(a)</enum><header>In
general</header><text>Subsection (f) of section 45A (relating to termination)
is amended by striking <quote>December 31, 2007</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H568E60AD31CE4728B6FDD9342CF1B308"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to taxable
years beginning after December 31, 2007.</text>
</subsection></section><section id="HD8C3242227FB4F8B8F6CC20030D526B9"><enum>319.</enum><header>Accelerated
depreciation for business property on Indian reservation</header>
<subsection id="H87875697DC884C50853507FAF2B8317"><enum>(a)</enum><header>In
general</header><text>Paragraph (8) of section 168(j) (relating to termination)
is amended by striking <quote>December 31, 2007</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H98DAA23691AA490EBF97F825963050D3"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to property
placed in service after December 31, 2007.</text>
</subsection></section><section id="H6D79774ABDC744C6A9D7EDB1059FB800"><enum>320.</enum><header>Railroad track
maintenance</header>
<subsection id="H3D96A57D6C9C47819DBEA44CE3B56B3F"><enum>(a)</enum><header>In
general</header><text>Subsection (f) of section 45G (relating to application of
section) is amended by striking <quote>January 1, 2008</quote> and inserting
<quote>January 1, 2010</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id889CE89CD9444B31BBD760AD7B0EB2C6"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
expenditures paid or incurred during taxable years beginning after December 31,
2007.</text>
</subsection></section><section id="H36151EC261674D1384679DC37E19BF42"><enum>321.</enum><header>Seven-year cost
recovery period for motorsports racing track facility</header>
<subsection id="HFEF5F94D2F47497F98191FCC9F4FA56C"><enum>(a)</enum><header>In
general</header><text>Subparagraph (D) of section 168(i)(15) (relating to
termination) is amended to read as follows:</text>
<quoted-block act-name="" id="id1D487ADADE334711B70E6943632726BB" style="OLC">
<subparagraph id="id56BE17E52B034FBFBD01D54F7EC01C01"><enum>(D)</enum><header>Application of
paragraph</header><text>Such term shall apply to property placed in service
after the date of the enactment of the <short-title>Alternative Minimum Tax and Extenders Tax Relief Act of
2008</short-title> and before January 1,
2010.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="HA6113B6DB1824AF4A386C4A6BF4600E6"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to property
placed in service after the date of the enactment of this Act.</text>
</subsection></section><section id="HEC76B72602774C84A753D2B2776F06F5"><enum>322.</enum><header>Expensing of
environmental remediation costs</header>
<subsection id="H0E9EEEC28B964C67994C473DD10100A9"><enum>(a)</enum><header>In
general</header><text>Subsection (h) of section 198 (relating to termination)
is amended by striking <quote>December 31, 2007</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H99FAC0C4A8A446E087D99F8BCF8BD096"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
expenditures paid or incurred after December 31, 2007.</text>
</subsection></section><section id="H5396173E31EC490BB1215B6096547B98" section-type="subsequent-section"><enum>323.</enum><header>Extension of work
opportunity tax credit for Hurricane Katrina employees</header>
<subsection id="H0E38404C73BF4802BDE5A2C700086511"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Paragraph (1) of
section 201(b) of the Katrina Emergency Tax Relief Act of 2005 is amended by
striking <quote>2-year</quote> and inserting <quote>4-year</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="H7357A9D0A4D641A3A2902E00BAA3A6D7"><enum>(b)</enum><header>Effective
date</header><text display-inline="yes-display-inline">The amendment made by
subsection (a) shall apply to individuals hired after August 27, 2007.</text>
</subsection></section><enum>IV</enum><header>Extensions of
energy provisions</header>
<section commented="no" display-inline="no-display-inline" id="idCD94C6F7299D4934BB14D8D1A68BA773"><enum>401.</enum><header>Extension of
credit for energy efficient appliances</header>
<subsection commented="no" display-inline="no-display-inline" id="id2A2B3C6828A841DD928B305CCFA34F18"><enum>(a)</enum><header>In
general</header><text>Subsection (b) of section 45M (relating to applicable
amount) is amended by striking <quote>calendar year 2006 or 2007</quote> each
place it appears in paragraphs (1)(A)(i), (1)(B)(i), (1)(C)(ii)(I), and
(1)(C)(iii)(I), and inserting <quote>calendar year 2006, 2007, 2008, or
2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="idD8F10D1A14EC4C1C9594E94E15C862A2"><enum>(b)</enum><header>Restart of
credit limitation</header><text>Paragraph (1) of section 45M(e) (relating to
aggregate credit amount allowed) is amended by inserting <quote>beginning after
December 31, 2007</quote> after <quote>for all prior taxable
years</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="idA60F899021994FA08FA1948CA68FF379"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to
appliances produced after December 31, 2007.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="id6C1DBD89916B4AEB9E7BD8042CBFE16A"><enum>402.</enum><header>Extension of
credit for nonbusiness energy property</header>
<subsection commented="no" id="id73E32BF2E32F4BE191C825BA3F71D7CE"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 25C(g)
(relating to termination) is amended by striking <quote>December 31,
2007</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" id="id0D3D97DBEBD741E1822C81A80ABD3676"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to property
placed in service after December 31, 2007.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="id7FD3724F0643472699F235589B6E0C81"><enum>403.</enum><header>Extension of
credit for residential energy efficient property</header><text display-inline="no-display-inline">Section 25D(g) (relating to termination) is
amended by striking <quote>December 31, 2008</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</section><section id="idB7CFACF5D928420884C633DEA0BEE2E1"><enum>404.</enum><header>Extension of
renewable electricity, refined coal, and Indian coal production
credit</header><text display-inline="no-display-inline">Section 45(d) (relating
to qualified facilities) is amended by striking <quote>January 1, 2009</quote>
each place it appears in paragraphs (1), (2), (3), (4), (5), (6), (7), (8),
(9), and (10) and inserting <quote>January 1, 2010</quote>.</text>
</section><section commented="no" display-inline="no-display-inline" id="id7B8737085F384AABB481591B5FFB5A9A" section-type="subsequent-section"><enum>405.</enum><header display-inline="yes-display-inline">Extension of new energy efficient home
credit</header><text display-inline="no-display-inline">Subsection (g) of
section 45L (relating to termination) is amended by striking <quote>December
31, 2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</section><section id="H977F793DEBC54421B4FC922E41097EBF"><enum>406.</enum><header>Extension of
energy credit</header>
<subsection id="H693DD75D99B5480981AC600496B0015"><enum>(a)</enum><header>Solar energy
property</header><text>Paragraphs (2)(A)(i)(II) and (3)(A)(ii) of section 48(a)
(relating to energy credit) are each amended by striking <quote>January 1,
2009</quote> and inserting <quote>January 1, 2010</quote>.</text>
</subsection><subsection id="H2E65FDA4E91A4547948290BBE0BE206B"><enum>(b)</enum><header>Fuel cell
property</header><text>Subparagraph (E) of section 48(c)(1) (relating to
qualified fuel cell property) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="idCF9C74E6D90244A1BEF1C25750960387"><enum>(c)</enum><header>Microturbine
property</header><text>Subparagraph (E) of section 48(c)(2) (relating to
qualified microturbine property) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection></section><section id="id897E40DD26E34F419809BC91D602E513"><enum>407.</enum><header>Extension and
modification of credit for clean renewable energy bonds</header>
<subsection id="idC80BC8CD573844BBAC4FAEEB4F84D28D"><enum>(a)</enum><header>Extension</header><text>Section
54(m) (relating to termination) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="id2F1A66D4AF0249B7AF392AA48E9F46E5"><enum>(b)</enum><header>Increase in
national limitation</header><text>Section 54(f) (relating to limitation on
amount of bonds designated) is amended—</text>
<paragraph id="idA0967D3089294989909117A745AE5A32"><enum>(1)</enum><text>by striking
<quote>$1,200,000,000</quote> in paragraph (1) and inserting
<quote>$1,600,000,000</quote>, and</text>
</paragraph><paragraph id="id2FEFF51A2DB04A43B6C48193BAFEE51C"><enum>(2)</enum><text>by striking
<quote>$750,000,000</quote> in paragraph (2) and inserting
<quote>$1,000,000,000</quote>.</text>
</paragraph></subsection><subsection id="H87FE09FA83A4450D8CC5EDFEAAD1A100"><enum>(c)</enum><header>Modification of
ratable principal amortization requirement</header>
<paragraph id="idB48B1D2991D74DEF891713729C0958C9"><enum>(1)</enum><header>In
general</header><text>Paragraph (5) of section 54(l) is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="H855E091CE295477E9B3689E66B12E3E6" style="OLC">
<paragraph id="HF9F22B9BAF32435AB4F65DB479E335B9"><enum>(5)</enum><header>Ratable
principal amortization required</header><text display-inline="yes-display-inline">A bond shall not be treated as a clean
renewable energy bond unless it is part of an issue which provides for an equal
amount of principal to be paid by the qualified issuer during each 12-month
period that the issue is outstanding (other than the first 12-month
period).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="idE819398EB23D4316912EB47071E66AAD"><enum>(2)</enum><header>Technical
amendment</header><text>The third sentence of section 54(e)(2) is amended by
striking <quote>subsection (l)(6)</quote> and inserting <quote>subsection
(l)(5)</quote>.</text>
</paragraph></subsection><subsection id="id61A42F8789904B319F3649BC047540C8"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to bonds
issued after the date of the enactment of this Act.</text>
</subsection></section><section commented="no" id="idAA7E21529A594F4081043DA43D502A11"><enum>408.</enum><header>Extension of
energy efficient commercial buildings deduction</header><text display-inline="no-display-inline">Section 179D(h) (relating to termination) is
amended by striking <quote>December 31, 2008</quote> and inserting
<quote>December 31, 2009</quote>.</text>
</section><enum>V</enum><header>Tax
administration</header>
<section commented="no" id="HD8AA2CDE5BDF4DA5B94635B915B26790"><enum>501.</enum><header>Permanent
authority for undercover operations</header>
<subsection commented="no" id="id1256488E6E674445A43395F8F5471ED7"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 7608(c)
(relating to rules relating to undercover operations) is amended by striking
paragraph (6).</text>
</subsection><subsection commented="no" id="id866CB13866394E5D840EF2D24101DB8C"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to operations
conducted after the date of the enactment of this Act.</text>
</subsection></section><section commented="no" id="idD1190C492C024BE8BBC53BC6F1D67B6A"><enum>502.</enum><header>Permanent
disclosures of certain tax return information</header>
<subsection commented="no" id="idDEBADC9345D5461AA06BB800D2FF2FA2"><enum>(a)</enum><header>Disclosures To
facilitate combined employment tax reporting</header>
<paragraph commented="no" id="idEE0EC188A4414EF48AFF1B05B62EDAF7"><enum>(1)</enum><header>In
general</header><text>Section 6103(d)(5) (relating to disclosure for combined
employment tax reporting) is amended—</text>
<subparagraph commented="no" id="id0B659C71923646708597E8665BF96A45"><enum>(A)</enum><text>by striking
<quote><header-in-text level="paragraph" style="OLC">reporting</header-in-text></quote> in the heading thereof and all
that follows through <quote>The Secretary</quote> in subparagraph (A) and
inserting <quote><header-in-text level="paragraph" style="OLC">reporting</header-in-text>.—The Secretary</quote>, and</text>
</subparagraph><subparagraph commented="no" id="idA80A5CF919974391812F1E54C324D139"><enum>(B)</enum><text>by striking
subparagraph (B).</text>
</subparagraph></paragraph><paragraph commented="no" id="id0F7504DBB54C45B58A6D3775333C57BB"><enum>(2)</enum><header>Effective
date</header><text>The amendments made by this subsection shall apply to
disclosures after the date of the enactment of this Act.</text>
</paragraph></subsection><subsection id="id2AF6810BB9014097A7FD75147E520D99"><enum>(b)</enum><header>Disclosures
relating to certain programs administered by the Department of Veterans
Affairs</header>
<paragraph id="id7B8374F2537E45C8822A366EBEBE87C9"><enum>(1)</enum><header>In
general</header><text>Section 6103(l)(7)(D) (relating to programs to which rule
applies) is amended by striking the last sentence.</text>
</paragraph><paragraph id="idE573DD248F0444229F4A5D356CEA7D9B"><enum>(2)</enum><header>Technical
amendment</header><text>Section 6103(l)(7)(D)(viii)(III) is amended by striking
<quote>sections 1710(a)(1)(I), 1710(a)(2), 1710(b), and 1712(a)(2)(B)</quote>
and inserting <quote>sections 1710(a)(2)(G), 1710(a)(3), and
1710(b)</quote>.</text>
</paragraph></subsection></section><section id="HCCBC84DF674B459D987009A68BBADAB3"><enum>503.</enum><header>Disclosure of
information relating to terrorist activities</header>
<subsection id="id7FFC37FAD275446E8D524A87A9103E7B"><enum>(a)</enum><header>Disclosure of
return information to apprise appropriate officials of terrorist
activities</header><text>Clause (iv) of section 6103(i)(3)(C) (relating to
termination) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="H861F113D5C6847F300E85DE3251E0251"><enum>(b)</enum><header>Disclosure upon
request of information relating to terrorist
activities</header><text>Subparagraph (E) of section 6103(i)(7) (relating to
termination) is amended by striking <quote>December 31, 2007</quote> and
inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="HD5A4373760014A61B3256D4C810056EF"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to
disclosures after the date of the enactment of this Act.</text>
</subsection></section>