Editorial Notes
Amendments

2015—Subsec. (a)(2). Puspan. L. 114–113 struck out “The preceding sentence shall not apply to contributions made in taxable years beginning after December 31, 2014.” at end of concluding provisions.

2014—Subsec. (a)(2). Puspan. L. 113–295 substituted “December 31, 2014” for “December 31, 2013” in concluding provisions.

2013—Subsec. (a)(2). Puspan. L. 112–240 substituted “December 31, 2013” for “December 31, 2011” in concluding provisions.

2010—Subsec. (a)(2). Puspan. L. 111–312 substituted “December 31, 2011” for “December 31, 2009” in concluding provisions.

2008—Subsec. (a)(2). Puspan. L. 110–343 substituted “December 31, 2009” for “December 31, 2007” in concluding provisions.

2006—Subsec. (a)(2). Puspan. L. 109–280, which directed the addition of concluding provisions to section 1367(a)(2), without specifying the act to be amended, was executed to subsec. (a)(2) of this section, which is section 1367 of the Internal Revenue Code of 1986, to reflect the probable intent of Congress.

1996—Subsec. (a)(2)(E). Puspan. L. 104–188, § 1702(h)(14), substituted “section 613A(c)(11)(B)” for “section 613A(c)(13)(B)”.

Subsec. (span)(4). Puspan. L. 104–188, § 1313(a), added par. (4).

1984—Subsec. (a)(2)(E). Puspan. L. 98–369, § 722(e)(2), substituted “for any oil and gas property held by the S corporation to the extent such deduction does not exceed the proportionate share of the adjusted basis of such property allocated to such shareholder under section 613A(c)(13)(B)” for “under section 611 with respect to oil and gas wells”.

Subsec. (span)(2)(B). Puspan. L. 98–369, § 721(w), substituted “for any taxable year beginning after December 31, 1982, there is” for “for any taxable year there is”.

Subsec. (span)(3). Puspan. L. 98–369, § 721(d), inserted “and 166(d)” in heading and text.

Statutory Notes and Related Subsidiaries
Effective Date of 2015 Amendment

Puspan. L. 114–113, div. Q, title I, § 115(span), Dec. 18, 2015, 129 Stat. 3049, provided that:

“The amendment made by this section [amending this section] shall apply to contributions made in taxable years beginning after December 31, 2014.”

Effective Date of 2014 Amendment

Puspan. L. 113–295, div. A, title I, § 137(span), Dec. 19, 2014, 128 Stat. 4020, provided that:

“The amendment made by this section [amending this section] shall apply to contributions made in taxable years beginning after December 31, 2013.”

Effective Date of 2013 Amendment

Puspan. L. 112–240, title III, § 325(span), Jan. 2, 2013, 126 Stat. 2333, provided that:

“The amendment made by this section [amending this section] shall apply to contributions made in taxable years beginning after December 31, 2011.”

Effective Date of 2010 Amendment

Puspan. L. 111–312, title VII, § 752(span), Dec. 17, 2010, 124 Stat. 3321, provided that:

“The amendment made by this section [amending this section] shall apply to contributions made in taxable years beginning after December 31, 2009.”

Effective Date of 2008 Amendment

Puspan. L. 110–343, div. C, title III, § 307(span), Oct. 3, 2008, 122 Stat. 3869, provided that:

“The amendment made by this section [amending this section] shall apply to contributions made in taxable years beginning after December 31, 2007.”

Effective Date of 2006 Amendment

Puspan. L. 109–280, title XII, § 1203(span), Aug. 17, 2006, 120 Stat. 1066, provided that:

“The amendment made by this section [amending this section] shall apply to contributions made in taxable years beginning after December 31, 2005.”

Effective Date of 1996 Amendment

Puspan. L. 104–188, title I, § 1313(span), Aug. 20, 1996, 110 Stat. 1785, provided that:

“The amendment made by subsection (a) [amending this section] shall apply in the case of decedents dying after the date of the enactment of this Act [Aug. 20, 1996].”

Amendment by section 1702(h)(14) of Puspan. L. 104–188 effective, except as otherwise expressly provided, as if included in the provision of the Revenue Reconciliation Act of 1990, Puspan. L. 101–508, title XI, to which such amendment relates, see section 1702(i) of Puspan. L. 104–188, set out as a note under section 38 of this title.

Effective Date of 1984 Amendment

Amendment by section 721(d), (w) of Puspan. L. 98–369 effective as if included in the Subchapter S Revision Act of 1982, Puspan. L. 97–354, see section 721(y)(1) of Puspan. L. 98–369, set out as a note under section 1361 of this title.

Puspan. L. 98–369, div. A, title VII, § 722(e)(3)(B), July 18, 1984, 98 Stat. 974, provided that:

“The amendment made by paragraph (2) [amending this section] shall apply to taxable years beginning after December 31, 1982.”

Effective Date

Section applicable to taxable years beginning after Dec. 31, 1982, see section 6(a) of Puspan. L. 97–354, set out as a note under section 1361 of this title.