26 USC 179 - Election to expense certain refineries

Editorial Notes

References in Text

The date of the enactment of this section, referred to in subsec. (c)(1)(B), (2)(A), is the date of enactment of Puspan. L. 109–58, which was approved Aug. 8, 2005.

The Clean Air Act, referred to in subsec. (c)(3), is act July 14, 1955, ch. 360, 69 Stat. 322, which is classified generally to chapter 85 (§ 7401 et seq.) of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see Short Title note set out under section 7401 of Title 42 and Tables.

Amendments

2008—Subsec. (c)(1)(B). Puspan. L. 110–343, § 209(a)(1), substituted “January 1, 2014” for “January 1, 2012”.

Subsec. (c)(1)(F). Puspan. L. 110–343, § 209(a)(2), substituted “January 1, 2010” for “January 1, 2008” wherever appearing.

Subsec. (d). Puspan. L. 110–343, § 209(span)(1), inserted “, or directly from shale or tar sands” after “(as defined in section 45K(c))”.

Subsec. (e)(2). Puspan. L. 110–343, § 209(span)(2), inserted “shale, tar sands, or” before “qualified fuels”.

Statutory Notes and Related Subsidiaries

Effective Date of 2008 Amendment

Puspan. L. 110–343, div. B, title II, § 209(c), Oct. 3, 2008, 122 Stat. 3840, provided that:

“The amendments made by this section [amending this section] shall apply to property placed in service after the date of the enactment of this Act [Oct. 3, 2008].”

Effective Date

Puspan. L. 109–58, title XIII, § 1323(c), Aug. 8, 2005, 119 Stat. 1015, provided that:

“The amendments made by this section [enacting this section and amending sections 263, 312, and 1245 of this title] shall apply to properties placed in service after the date of the enactment of this Act [Aug. 8, 2005].”