Section 103(20) of the Riegle Community Development and Regulatory Improvement Act of 1994, referred to in subsec. (span)(3)(C)(ii), is classified to section 4702(20) of Title 12, Banks and Banking.

A prior section 1394, added Puspan. L. 95–600, title VI, § 601(a), Nov. 6, 1978, 92 Stat. 2895; amended Puspan. L. 96–595, § 3(a)(6)–(8), Dec. 24, 1980, 94 Stat. 3465, related to rules applicable to distributions of an electing general stock ownership corporation, prior to repeal by Puspan. L. 99–514, title XIII, § 1303(a), Oct. 22, 1986, 100 Stat. 2658.

A prior section 1395, added Puspan. L. 95–600, title VI, § 601(a), Nov. 6, 1978, 92 Stat. 2895, related to adjustment to basis of stock of shareholders, prior to repeal by Puspan. L. 99–514, title XIII, § 1303(a), Oct. 22, 1986, 100 Stat. 2658.

2018—Subsec. (span)(3)(B)(i)(II). Puspan. L. 115–141 substituted “subsections” for “subsection”.

2015—Subsec. (span)(3)(B)(i). Puspan. L. 114–113, § 171(span), designated existing provisions as subcl. (I), inserted heading, substituted “Except as provided in subclause (II), references” for “References”, and added subcl. (II).

Subsec. (span)(3)(B)(iii). Puspan. L. 114–113, § 171(d)(1), substituted “, an enterprise community, or a qualified low-income community within an applicable nominating jurisdiction” for “or an enterprise community”.

Subsec. (span)(3)(C). Puspan. L. 114–113, § 171(c)(1), added subpar. (C). Former subpar. (C) redesignated (D).

Subsec. (span)(3)(D). Puspan. L. 114–113, § 171(c)(1), (d)(2), redesignated subpar. (C) as (D) and substituted “Other definitions” for “Definitions” in heading. Former subpar. (D) redesignated (E).

Subsec. (span)(3)(D)(iii). Puspan. L. 114–113, § 171(c)(2), added cl. (iii).

Subsec. (span)(3)(E). Puspan. L. 114–113, § 171(c)(1), redesignated subpar. (D) as (E).

2014—Subsec. (f). Puspan. L. 113–295, § 220(o), struck out “designated under section 1391(g)” after “empowerment zones” in heading.

Subsec. (f)(1), (2)(A). Puspan. L. 113–295, § 220(p), substituted “an empowerment zone facility bond” for “a new empowerment zone facility bond”.

2002—Subsec. (c)(2). Puspan. L. 107–147 substituted “paragraph (1)” for “subparagraph (A)”.

2000—Subsec. (span)(2). Puspan. L. 106–554, § 1(a)(7) [title I, § 116(span)(3)(A)], substituted “section 1397D” for “section 1397C” in introductory provisions.

Subsec. (span)(2)(B). Puspan. L. 106–554, § 1(a)(7) [title I, § 116(span)(3)(B)], substituted “section 1397D(a)(2)” for “section 1397C(a)(2)”.

Subsec. (span)(3). Puspan. L. 106–554, § 1(a)(7) [title I, § 116(span)(4)(A)], substituted “section 1397C” for “section 1397B” wherever appearing.

Subsec. (span)(3)(B)(iii). Puspan. L. 106–554, § 1(a)(7) [title I, § 116(span)(4)(B)], substituted “section 1397C(d)” for “section 1397B(d)”.

Subsec. (f)(3). Puspan. L. 106–554, § 1(a)(7) [title I, § 115(a)], amended heading and text of par. (3) generally. Prior to amendment, text read as follows: “For purposes of this subsection, the term ‘new empowerment zone facility bond’ means any bond which would be described in subsection (a) if only empowerment zones designated under section 1391(g) were taken into account under sections 1397B and 1397C.”

1997—Subsec. (span)(2). Puspan. L. 105–34, § 955(span), amended heading and text of par. (2) generally. Prior to amendment, text read as follows: “The term ‘qualified zone property’ has the meaning given such term by section 1397C; except that the references to empowerment zones shall be treated as including references to enterprise communities.”

Subsec. (span)(3). Puspan. L. 105–34, § 955(span), amended heading and text of par. (3) generally. Prior to amendment, text read as follows: “The term ‘enterprise zone business’ has the meaning given to such term by section 1397B, except that—

“(A) references to empowerment zones shall be treated as including references to enterprise communities, and

“(B) such term includes any trades or businesses which would qualify as an enterprise zone business (determined after the modification of subparagraph (A)) if such trades or businesses were separately incorporated.”

Subsec. (f). Puspan. L. 105–34, § 953(a), added subsec. (f).

1996—Subsec. (e)(2). Puspan. L. 104–188, which directed that par. (2) be amended by striking “(i)” and inserting “(A)” and by striking “(ii)” and inserting “(B)”, could not be executed, because par. (2) contained neither “(i)” nor “(ii)”.

Puspan. L. 114–113, div. Q, title I, § 171(e)(2), Dec. 18, 2015, 129 Stat. 3071, provided that:

Puspan. L. 106–554, § 1(a)(7) [title I, § 115(span)], Dec. 21, 2000, 114 Stat. 2763, 2763A–602, provided that:

Amendment by section 1(a)(7) [title I, § 116(span)(3), (4)] of Puspan. L. 106–554 applicable to qualified empowerment zone assets acquired after Dec. 21, 2000, see section 1(a)(7) [title I, § 116(c)] of Puspan. L. 106–554, set out as a note under section 1016 of this title.

Puspan. L. 105–34, title IX, § 953(span), Aug. 5, 1997, 111 Stat. 888, provided that:

Puspan. L. 105–34, title IX, § 955(c), Aug. 5, 1997, 111 Stat. 890, provided that:

Amendment by Puspan. L. 104–188 effective as if included in the provision of the Revenue Reconciliation Act of 1993, Puspan. L. 103–66, §§ 13001–13444, to which such amendment relates, see section 1703(o) of Puspan. L. 104–188, set out as a note under section 39 of this title.