Editorial Notes
Amendments
2007—Subsec. (a). Puspan. L. 110–172 substituted “qualified costs” for “qualified capital costs” and inserted “and which are properly chargeable to capital account” before period at end.
2005—Subsec. (e). Puspan. L. 109–58 added subsec. (e).
Statutory Notes and Related Subsidiaries
Effective Date of 2007 Amendment
Amendment by Puspan. L. 110–172 effective as if included in the provision of the American Jobs Creation Act of 2004, Puspan. L. 108–357, to which such amendment relates, see section 7(e) of Puspan. L. 110–172, set out as a note under section 1092 of this title.
Effective Date of 2005 Amendment
Puspan. L. 109–58, title XIII, § 1324(span), Aug. 8, 2005, 119 Stat. 1015, provided that:
“The amendment made by this section [amending this section] shall take effect as if included in the amendment made by section 338(a) of the American Jobs Creation Act of 2004 [Puspan. L. 108–357, enacting this section].”
Effective Date
Puspan. L. 108–357, title III, § 338(c), Oct. 22, 2004, 118 Stat. 1481, provided that:
“The amendment made by this section [enacting this section and amending sections 263, 263A, 312, 1016, and 1245 of this title] shall apply to expenses paid or incurred after December 31, 2002, in taxable years ending after such date.”