“(D) these types of assets is an element of the wastewater procedure facility (situated in Cameron County, Texas, in one particular mile of town of Harlingen), an software for your wastewater discharge permit was filed with regard to these types of facility on December four, 1985, plus a City Fee permitted a letter of intent regarding a services settlement with regard to this sort of facility on August seven, 1986; or simply a wastewater facility (located in Harlingen, Texas) which is a issue of these letter of intent and service settlement and the design of which was contracted for within a letter of intent dated January 23, 1986.
(B) Allocation of bond proceeds For needs of subparagraph (A), the proceeds of any obligation shall be dealt with as utilized to finance house obtained in reference to the issuance of this kind of obligation within the buy where such home is positioned in services.
II substituted “the time period equal into the Restoration period decided with respect to these kinds of home under subsection (i)(two)” for “one hundred fifty p.c with the present course lifetime of this sort of property”.
(iii) provides information to these kinds of provider or supplier so that the supplier or provider can offer energy utilization facts to prospects electronically, and
(B) the initial utilization of which commences Together with the taxpayer following the date in the enactment of this subsection,
(m) Particular allowance for particular reuse and recycling house (1) In generalIn the case of any certified reuse and recycling home— (A) the depreciation deduction provided by part 167(a) for that taxable 12 months through which these kinds of home is placed in company shall contain an allowance equal to fifty per cent with the modified basis of the certified reuse and recycling property, and
“The amendments produced by this portion [amending this segment and sections 1400L and 1400N of the title] shall apply to home positioned in provider immediately after December 31, 2009, in taxable yrs ending just after this sort of date.”
This provision shall not use to any rate buy which, underneath the policies in effect prior to the day from the enactment of this Act, required a regulated general public utility to make use of a means of accounting with regard for the deduction allowable by portion 167 which, below portion 167(
(7) Denial of double advantage Paragraph (1) shall not apply to any capable 2nd technology biofuel plant residence with respect to which an election has long been manufactured below portion 179C (associated with election to expense specified refineries).
(eighteen) Certified sensible electric powered meters (A) In generalThe term “competent wise electrical meter” usually means any intelligent electrical meter which— (i) is positioned in company by a taxpayer who is a supplier of electric Vitality or perhaps a supplier of electrical Strength products and services, and
(three) Specific procedures for specific high technology devices (A) Exemption exactly where lease expression is five a long time or considerably less For functions of this part, the time period “tax-exempt use home” shall not involve any certified technological products Should the lease into the tax-exempt entity includes a lease term of five years or much less.
“(ii) Important expenditures.— In the situation of facilities the first usage of which commences Together with rico168 the taxpayer and with respect to which sizeable expenditures are created in advance of January 1, 1983, the amendments created by this section shall not implement with regard to this kind of amenities on the extent these facilities are financed because of the proceeds of an obligation issued only to refund another obligation which was issued right before July 1, 1982.
For reasons from the previous sentence, this sort of segment 3(d) shall be used by dealing with the time period “former Indian reservations in Oklahoma” as such as only lands which happen to be inside the jurisdictional area of an Oklahoma Indian tribe (as determined by the Secretary of the inside) and they are identified by this kind of Secretary as qualified for trust land standing under 25 CFR Section 151 (as in effect on the date on the enactment of the sentence).
(B) Type of election Any election less than this paragraph shall be created at such time and in these types of type and way as the Secretary may possibly prescribe.