26 USC 1257 - Disposition of converted wetlands or highly erodible croplands

Editorial Notes

Amendments

2018—Subsec. (c)(1). Puspan. L. 115–141, § 401(a)(177), substituted “section 1201(a)(7)” for “section 1201(4)” and “16 U.S.C. 3801(7)” for “16 U.S.C. 3801(4)” in introductory provisions.

Subsec. (c)(2). Puspan. L. 115–141, § 401(a)(178), substituted “section 1201(a)(10)” for “section 1201(6)” and “16 U.S.C. 3801(10)” for “16 U.S.C. 3801(6)”.

2003—Subsec. (d). Puspan. L. 108–27 struck out “, 341(e)(12),” after “170(e)”.

Statutory Notes and Related Subsidiaries

Effective Date of 2003 Amendment

Amendment by Puspan. L. 108–27 applicable, except as otherwise provided, to taxable years beginning after Dec. 31, 2002, see section 302(f) of Puspan. L. 108–27, set out as an Effective and Termination Dates of 2003 Amendment note under section 1 of this title.

Effective Date

Puspan. L. 99–514, title IV, § 403(c), Oct. 22, 1986, 100 Stat. 2222, provided that:

“The amendments made by this section [enacting this section] shall apply to dispositions of converted wetland or highly erodible cropland (as defined in section 1257(c) of the Internal Revenue Code of 1986 as added by this section) first used for farming after March 1, 1986, in taxable years ending after that date.”