§ 4161. Imposition of tax

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1954

   Aug. 16, 1954, ch. 736, 68A Stat. 489 · 68A Stat. 489

   Enacted · 26 U.S.C. § 4161

   Aug. 16, 1954, ch. 736, 68A Stat. 489

   Source evidence

   Code source credit
   Aug. 16, 1954, ch. 736, 68A Stat. 489

2. 1965

   Excise Tax Reduction Act of 1965

   Pub. L. 89–44 title II § 205(a) · 79 Stat. 136

   Changed · 26 U.S.C. § 4161

   Pub. L. 89–44 removed 10 percent tax on equipment for billiards, pool, bowling, trap shooting, cricket, croquet, badminton, curling, deck tennis, golf, lacrosse, polo, skiing, squash, table tennis, and tennis, and retained tax only for fishing equipment

   Source evidence

   Code amendment note
   Pub. L. 89–44 removed 10 percent tax on equipment for billiards, pool, bowling, trap shooting, cricket, croquet, badminton, curling, deck tennis, golf, lacrosse, polo, skiing, squash, table tennis, and tennis, and retained tax only for fishing equipment.

   Enacted provision · exact public law section
   (a) Sporting Goods.— Section 4161 (relating to sporting goods) is amended to read as follows: “SEC. 4161. IMPOSITION OF TAX. “There is hereby imposed upon the sale of fishing rods, creels, reels, and artificial lures, baits, and flies (including parts or accessories of such articles sold on or in connection therewith, or with the sale thereof) by the manufacturer, producer, or importer a tax equivalent to 10 percent of the price for which so sold.”

3. 1972

   Pub. L. 92–558 § 201(a)(1) · 86 Stat. 1172

   1. Amended · 26 U.S.C. § 4161(a)

      Pub. L. 92–558, § 201(a)(1), designated existing provisions as subsec. (a)

   2. Inserted · 26 U.S.C. § 4161(a)

      Pub. L. 92–558, § 201(a)(1), inserted catchline

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 92–558, § 201(a)(1), designated existing provisions as subsec. (a) and inserted catchline.

   Enacted provision · exact public law section
   (1) by striking out “There is” and inserting in lieu thereof the following: “(a) Rods, Creels, Etc.— There is”; and

4. 1972

   Pub. L. 92–558 § 201(a)(2) · 86 Stat. 1172

   Added · 26 U.S.C. § 4161(b)

   Pub. L. 92–558, § 201(a)(2), added subsec. (b)

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 92–558, § 201(a)(2), added subsec. (b).

   Enacted provision · exact public law section
   (2) by adding at the end thereof the following new subsection: “(b) Bows and Arrows, Etc.— “(1) Bows and arrows.— There is hereby imposed upon the sale by the manufacturer, producer, or importer— “(A) of any bow which has a draw weight of 10 pounds or more, and “(B) of any arrow which measures 18 inches overall or more in length, a tax equivalent to 11 percent of the price for which so sold. “(2) Parts and accessories.— There is hereby imposed upon the sale by the manufacturer, producer, or importer— “(A) of any part or accessory (other than a fishing reel) suitable for inclusion in or attachment to a bow or arrow described in paragraph (1), and “(B) of any quiver suitable for use with arrows described hi paragraph (1), a tax equivalent to 11 percent of the price for which so sold.”

5. 1984

   Tax Reform Act of 1984

   Pub. L. 98–369 § 1015(a) · 98 Stat. 494

   1. Changed · 26 U.S.C. § 4161(a)

      Pub. L. 98–369, § 1015(a), in amending subsec. (a) generally

   2. Amended · 26 U.S.C. § 4161(a)

      Pub. L. 98–369, § 1015(a), in designated existing provisions as par. (1)

   3. Substituted · 26 U.S.C. § 4161(a)

      Pub. L. 98–369, § 1015(a), in substituted “any article of sport fishing equipment by the manufacturer, producer, or importer” for “fishing rods, creels, reels, and artificial lures, baits, and flies (including parts or accessories of such articles sold on or in connection therewith, or with the sale thereof) by the manufacturer, producer, or importer”

   4. Added · 26 U.S.C. § 4161(a)

      Pub. L. 98–369, § 1015(a), in added pars. (2) and (3)

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 98–369, § 1015(a), in amending subsec. (a) generally, designated existing provisions as par. (1), substituted “any article of sport fishing equipment by the manufacturer, producer, or importer” for “fishing rods, creels, reels, and artificial lures, baits, and flies (including parts or accessories of such articles sold on or in connection therewith, or with the sale thereof) by the manufacturer, producer, or importer”, and added pars. (2) and (3).

   Enacted provision · exact public law section
   (a) General Rule.— Subsection (a) of section 4161 (relating to 26 USC 4161. imposition of tax on the sale of rods, reels, etc.) is amended to read as follows: “(a) Sport Fishing Equipment.— “(1) Imposition of tax.— There is hereby imposed on the sale of any article of sport fishing equipment by the manufacturer, producer, or importer a tax equal to 10 percent of the price for which so sold. “(2) 3 percent rate of tax for electric outboard motors and sonar devices suitable for finding fish.— “(A) In general.— In the case of an electric outboard motor or a sonar device suitable for finding fish, paragraph (1) shall be applied by substituting ‘3 percent’ for TO percent’. “(B) $30 limitation on tax imposed on sonar devices suitable for finding fish.— The tax imposed by paragraph (1) on any sonar device suitable for finding fish shall not exceed $30. “(3) Parts or accessories sold in connection with taxable sale.— In the case of any sale by the manufacturer, producer, or importer of any article of sport fishing equipment, such article shall be treated as including any parts or accessories of such article sold on or in connection therewith or with the sale thereof.”

6. 1984

   Tax Reform Act of 1984

   Pub. L. 98–369 § 1017(a) · 98 Stat. 494

   1. Amended · 26 U.S.C. § 4161(b)(1)(B)

      Pub. L. 98–369, § 1017(a), designated existing provisions as cl. (i)

   2. Added · 26 U.S.C. § 4161(b)(1)(B)

      Pub. L. 98–369, § 1017(a), added cl. (ii)

   Source evidence

   Code amendment note
   Subsec. (b)(1)(B). Pub. L. 98–369, § 1017(a), designated existing provisions as cl. (i) and added cl. (ii).

   Enacted provision · exact public law section
   (a) General Rule.— Paragraph (1) of section 4161(b) (relating to 26 USC 4161. bows and arrows) is amended to read as follows: “(1) Bows and arrows.— There is hereby imposed on the sale by the manufacturer, producer, or importer— “(A) of any bow which has a draw weight of 10 pounds or more, and “(B) of any arrow which— “(i) measures 18 inches overall or more in length, or “(ii) measures less than 18 inches overall in length but is suitable for use with a bow described in subparagraph (A). a tax equal to 11 percent of the price for which so sold.”

7. 1984

   Tax Reform Act of 1984

   Pub. L. 98–369 § 1017(b)(2) · 98 Stat. 494

   Struck · 26 U.S.C. § 4161(b)(2)(A)

   Pub. L. 98–369, § 1017(b)(2), struck out “(other than a fishing reel)” after “part or accessory”

   Source evidence

   Code amendment note
   Subsec. (b)(2)(A). Pub. L. 98–369, § 1017(b)(2), struck out “(other than a fishing reel)” after “part or accessory”.

   Enacted provision · exact public law section
   (2) Paragraph (2) of section 4161(b) is amended by striking out “(other than a fishing reel)”.

8. 1984

   Tax Reform Act of 1984

   Pub. L. 98–369 § 1017(b)(1) · 98 Stat. 494

   Added · 26 U.S.C. § 4161(b)(3)

   Pub. L. 98–369, § 1017(b)(1), added par. (3)

   Source evidence

   Code amendment note
   Subsec. (b)(3). Pub. L. 98–369, § 1017(b)(1), added par. (3).

   Enacted provision · exact public law section
   (1) Subsection (b) of section 4161 is amended by adding at the end thereof the following new paragraph: “(3) Coordination with subsection (a).— No tax shall be imposed under this subsection with respect to any article taxable under subsection (a).”

9. 1986

   Tax Reform Act of 1986

   Pub. L. 99–514 title XVIII § 1899A(48) · 100 Stat. 2085

   Substituted · 26 U.S.C. § 4161(b)(1)(B)(ii)

   Pub. L. 99–514 substituted a comma for the period at end

   Source evidence

   Code amendment note
   Subsec. (b)(1)(B)(ii). Pub. L. 99–514 substituted a comma for the period at end.

   Enacted provision · exact public law section
   (48) Clause (ii) of section 4161(b)(1)(B) is amended by striking out the period at the end thereof and inserting in lieu thereof a comma.

10. 1997

    Pub. L. 105–34 title XIV § 1433(a) · 111 Stat. 788

    Amended · 26 U.S.C. § 4161(b)

    Pub. L. 105–34 amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) to (3) imposing taxes on bows and arrows and parts and accessories and providing for coordination of taxes under subsecs. (a) and (b)

    Source evidence

    Code amendment note
    Subsec. (b). Pub. L. 105–34 amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) to (3) imposing taxes on bows and arrows and parts and accessories and providing for coordination of taxes under subsecs. (a) and (b).

    Enacted provision · exact public law section
    (a) In General.— Subsection (b) of section 4161 (relating to imposition of tax) is amended to read as follows: “(b) Bows and Arrows, Etc.— “(1) Bows.— “(A) In general.— There is hereby imposed on the sale by the manufacturer, producer, or importer of any bow which has a draw weight of 10 pounds or more, a tax equal to 11 percent of the price for which so sold. “(B) Parts and accessories.— There is hereby imposed upon the sale by the manufacturer, producer, or importer— “(i) of any part of accessory suitable for inclusion in or attachment to a bow described in subparagraph (A), and “(ii) of any quiver suitable for use with arrows described in paragraph (2), a tax equivalent to 11 percent of the price for which so sold. “(2) Arrows.— There is hereby imposed on the sale by the manufacturer, producer, or importer of any shaft, point, nock, or vane of a type used in the manufacture of any arrow which after its assembly— “(A) measures 18 inches overall or more in length, or “(B) measures less than 18 inches overall in length but is suitable for use with a bow described in paragraph (IKA), a tax equal to 12.4 percent of the price for which so sold. “(3) Coordination with subsection (a).— No tax shall be imposed under this subsection with respect to any article taxable under subsection (a).”.

11. 2004

    Pub. L. 108–357 § 333(a) · 118 Stat. 1418

    1. Added · 26 U.S.C. § 4161(a)(3); 26 U.S.C. § 4161(a)(4)

       Pub. L. 108–357, § 333(a), added par. (3)

    2. Redesignated · 26 U.S.C. § 4161(a)(3); 26 U.S.C. § 4161(a)(4)

       Pub. L. 108–357, § 333(a), redesignated former par. (3) as (4)

    Source evidence

    Code amendment note
    Subsec. (a)(3), (4). Pub. L. 108–357, § 333(a), added par. (3) and redesignated former par. (3) as (4).

    Enacted provision · exact public law section
    (a) In General.— Subsection (a) of section 4161 (relating to sport fishing equipment) is amended by redesignating paragraph (3) as paragraph (4) and by inserting after paragraph (2) the following new paragraph: “(3) 3 percent rate of tax for tackle boxes.— In the case of fishing tackle boxes, paragraph (1) shall be applied by substituting ‘3 percent’ for ‘10 percent’.” .

12. 2004

    Pub. L. 108–357 § 332(a) · 118 Stat. 1418

    1. Amended · 26 U.S.C. § 4161(b)(1)

       Pub. L. 108–357, § 332(a), reenacted heading without change and amended text of par. (1) generally

    2. Substituted · 26 U.S.C. § 4161(b)(1)

       Pub. L. 108–357, § 332(a), reenacted heading without change and substituting provisions imposing a tax on the sale of any bow which has a peak draw weight of 30 pounds or more, any part or accessory, and any quiver or broadhead suitable for use with an arrow described in par. (2), for provisions imposing a tax on the sale of any bow which has a draw weight of 10 pounds or more, any part of accessory, and any quiver suitable for use with arrows described in par. (2)

    Source evidence

    Code amendment note
    Subsec. (b)(1). Pub. L. 108–357, § 332(a), reenacted heading without change and amended text of par. (1) generally, substituting provisions imposing a tax on the sale of any bow which has a peak draw weight of 30 pounds or more, any part or accessory, and any quiver or broadhead suitable for use with an arrow described in par. (2), for provisions imposing a tax on the sale of any bow which has a draw weight of 10 pounds or more, any part of accessory, and any quiver suitable for use with arrows described in par. (2).

    Enacted provision · exact public law section
    (a) Bows.— Paragraph (1) of section 4161(b) (relating to bows) is amended to read as follows: “(1) Bows.— “(A) In general.— There is hereby imposed on the sale by the manufacturer, producer, or importer of any bow which has a peak draw weight of 30 pounds or more, a tax equal to 11 percent of the price for which so sold. “(B) Archery equipment.— There is hereby imposed on the sale by the manufacturer, producer, or importer— “(i) of any part or accessory suitable for inclusion in or attachment to a bow described in subparagraph (A), and “(ii) of any quiver or broadhead suitable for use with an arrow described in paragraph (2), a tax equal to 11 percent of the price for which so sold.” .

13. 2004

    Pub. L. 108–357 § 332(c) · 118 Stat. 1418

    1. Substituted · 26 U.S.C. § 4161(b)(2)

       Pub. L. 108–357, § 332(c), substituted “Arrow components” for “Arrows” in heading

    2. Inserted · 26 U.S.C. § 4161(b)(2)

       Pub. L. 108–357, § 332(c), inserted “(other than broadheads)” after “point” in introductory provisions

    Target inherited from the preceding amendment note.

    Source evidence

    Code amendment note
    Pub. L. 108–357, § 332(c), substituted “Arrow components” for “Arrows” in heading and inserted “(other than broadheads)” after “point” in introductory provisions.

    Enacted provision · exact public law section
    (c) Conforming Amendments.— Section 4161(b)(2) is amended— (1) by inserting “(other than broadheads)” after “point”, and (2) by striking “Arrows.—” in the heading and inserting “Arrow components.—”.

14. 2004

    Pub. L. 108–357 § 332(b) · 118 Stat. 1418

    1. Added · 26 U.S.C. § 4161(b)(3); 26 U.S.C. § 4161(b)(4)

       Pub. L. 108–357, § 332(b), which directed the amendment of subsec. (b) by adding par. (3), relating to arrows

    2. Redesignated · 26 U.S.C. § 4161(b)(3); 26 U.S.C. § 4161(b)(4)

       Pub. L. 108–357, § 332(b), which directed the amendment of subsec. (b) by redesignating former par. (3) as (4), was repealed by Pub. L. 108–493, § 1(a). See Construction of 2004 Amendment note below

    Target inherited from the preceding amendment note.

    Source evidence

    Code amendment note
    Pub. L. 108–357, § 332(b), which directed the amendment of subsec. (b) by adding par. (3), relating to arrows, and redesignating former par. (3) as (4), was repealed by Pub. L. 108–493, § 1(a). See Construction of 2004 Amendment note below.

    Enacted provision · exact public law section
    (b) Arrows.— Subsection (b) of section 4161 (relating to bows and arrows, etc.) is amended by redesignating paragraph (3) as paragraph (4) and inserting after paragraph (2) the following: “(3) Arrows.— “(A) In general.— There is hereby imposed on the sale by the manufacturer, producer, or importer of any arrow, a tax equal to 12 percent of the price for which so sold. “(B) Exception.— In the case of any arrow of which the shaft or any other component has been previously taxed under paragraph (1) or (2)— “(i) section 6416(b)(3) shall not apply, and “(ii) the tax imposed by subparagraph (A) shall be an amount equal to the excess (if any) of— “(I) the amount of tax imposed by this paragraph (determined without regard to this subparagraph), over “(II) the amount of tax paid with respect to the tax imposed under paragraph (1) or (2) on such shaft or component. “(C) Arrow.— For purposes of this paragraph, the term ‘arrow’ means any shaft described in paragraph (2) to which additional components are attached.” .

15. 2004

    Pub. L. 108–493 § 1(c) · 118 Stat. 3984

    Substituted · 26 U.S.C. § 4161(b)(1)(B)(ii)

    Pub. L. 108–493, § 1(c), substituted “quiver, broadhead, or point” for “quiver or broadhead”

    Source evidence

    Code amendment note
    Subsec. (b)(1)(B)(ii). Pub. L. 108–493, § 1(c), substituted “quiver, broadhead, or point” for “quiver or broadhead”.

    Enacted provision · exact public law section
    (c) Arrow Points.— Clause (ii) of section 4161(b)(1)(B) (relating to archery equipment) of such Code is amended by striking “quiver or broadhead” and inserting “quiver, broadhead, or point”.

16. 2004

    Pub. L. 108–493 § 1(b) · 118 Stat. 3984

    1. Amended · 26 U.S.C. § 4161(b)(2)

       Pub. L. 108–493, § 1(b), amended heading and text of par. (2) generally

    2. Substituted · 26 U.S.C. § 4161(b)(2)

       Pub. L. 108–493, § 1(b), substituting provisions relating to arrows for provisions relating to arrow components

    Source evidence

    Code amendment note
    Subsec. (b)(2). Pub. L. 108–493, § 1(b), amended heading and text of par. (2) generally, substituting provisions relating to arrows for provisions relating to arrow components.

    Enacted provision · exact public law section
    (b) Tax on Arrow Shafts.— Paragraph (2) of section 4161(b) of the Internal Revenue Code of 1986 26 USC 4161. (relating to arrows) is amended to read as follows: “(2) Arrows.— “(A) In general.— There is hereby imposed on the first sale by the manufacturer, producer, or importer of any shaft (whether sold separately or incorporated as part of a finished or unfinished product) of a type used in the manufacture of any arrow which after its assembly— “(i) measures 18 inches overall or more in length, or “(ii) measures less than 18 inches overall in length but is suitable for use with a bow described in paragraph (1)(A), a tax equal to 39 cents per shaft. “(B) Adjustment for inflation.— “(i) In general.— In the case of any calendar year beginning after 2005, the 39-cent amount specified in subparagraph (A) shall be increased by an amount equal to the product of— “(I) such amount, multiplied by “(II) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting ‘2004’ for ‘1992’ in subparagraph (B) thereof. “(ii) Rounding.— If any increase determined under clause (i) is not a multiple of 1 cent, such increase shall be rounded to the nearest multiple of 1 cent.” .

17. 2004

    Pub. L. 108–493 § 1(a) · 118 Stat. 3984

    Repealed · 26 U.S.C. § 4161(b)(3); 26 U.S.C. § 4161(b)(4)

    Pub. L. 108–493, § 1(a), repealed Pub. L. 108–357, § 332(b). See note below

    Source evidence

    Code amendment note
    Subsec. (b)(3), (4). Pub. L. 108–493, § 1(a), repealed Pub. L. 108–357, § 332(b). See note below.

    Enacted provision · exact public law section
    (a) Repeal.— Subsection (b) Applicability. of section 332 of the American Jobs Creation Act of 2004, Ante, p. 1477. and the amendments made by such subsection, are hereby repealed; and the Internal Revenue Code of 1986 shall be applied as if such subsection and amendments had never been enacted.

18. 2005

    Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users

    Pub. L. 109–59 § 11117(a) · 119 Stat. 1144

    1. Amended · 26 U.S.C. § 4161(a)(1)

       Pub. L. 109–59, § 11117(a), reenacted heading without change and amended text of par. (1) generally

    2. Amended · 26 U.S.C. § 4161(a)(1)

       Pub. L. 109–59, § 11117(a), reenacted heading without change and designating existing provisions as subpar. (A)

    3. Inserted · 26 U.S.C. § 4161(a)(1)

       Pub. L. 109–59, § 11117(a), reenacted heading without change and inserting subpar. heading

    4. Added · 26 U.S.C. § 4161(a)(1)

       Pub. L. 109–59, § 11117(a), reenacted heading without change and adding subpar. (B)

    Source evidence

    Code amendment note
    Subsec. (a)(1). Pub. L. 109–59, § 11117(a), reenacted heading without change and amended text of par. (1) generally, designating existing provisions as subpar. (A), inserting subpar. heading, and adding subpar. (B).

    Enacted provision · exact public law section
    (a) In General.— Paragraph (1) of section 4161(a) (relating to sport fishing equipment) is amended to read as follows: “(1) Imposition of tax.— “(A) In general.— There is hereby imposed on the sale of any article of sport fishing equipment by the manufacturer, producer, or importer a tax equal to 10 percent of the price for which so sold. “(B) Limitation on tax imposed on fishing rods and poles.— The tax imposed by subparagraph (A) on any fishing rod or pole shall not exceed $10.” .

19. 2005

    Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users

    Pub. L. 109–59 § 11117(b) · 119 Stat. 1144

    Substituted · 26 U.S.C. § 4161(a)(2)

    Pub. L. 109–59, § 11117(b), substituted “paragraph (1)(A)” for “paragraph (1)” in two places

    Target inherited from the preceding amendment note.

    Source evidence

    Code amendment note
    Pub. L. 109–59, § 11117(b), substituted “paragraph (1)(A)” for “paragraph (1)” in two places.

    Enacted provision · exact public law section
    (b) Conforming Amendments.— Section 4161(a)(2) is amended by striking “paragraph (1)” both places it appears and inserting “paragraph (1)(A)”.

20. 2005

    Tax Technical Corrections Act of 2005

    Pub. L. 109–135 title IV § 412(uu) · 119 Stat. 2577

    Amended · 26 U.S.C. § 4161(a)(2)

    Pub. L. 109–135 amended heading and text of par. (2) generally. Prior to amendment, text read as follows:

    Source evidence

    Code amendment note
    Subsec. (a)(2). Pub. L. 109–135 amended heading and text of par. (2) generally. Prior to amendment, text read as follows:

    “(A) In general.—In the case of an electric outboard motor or a sonar device suitable for finding fish, paragraph (1)(A) shall be applied by substituting ‘3 percent’ for ‘10 percent’. “(B) $30 limitation on tax imposed on sonar devices suitable for finding fish.—The tax imposed by paragraph (1)(A) on any sonar device suitable for finding fish shall not exceed $30.”

    Enacted provision · exact public law section
    (uu) Paragraph (2) of section 4161(a) is amended to read as follows: “(2) 3 percent rate of tax for electric outboard motors.— In the case of an electric outboard motor, paragraph (1) shall be Applicability. applied by substituting ‘3 percent’ for ‘10 percent’.” .

21. 2008

    Tax Extenders and Alternative Minimum Tax Relief Act of 2008

    Pub. L. 110–343 div. C title V § 503(a) · 122 Stat. 3765

    1. Added · 26 U.S.C. § 4161(b)(2)(B); 26 U.S.C. § 4161(b)(2)(C)

       Pub. L. 110–343 added subpar. (B)

    2. Redesignated · 26 U.S.C. § 4161(b)(2)(B); 26 U.S.C. § 4161(b)(2)(C)

       Pub. L. 110–343 redesignated former subpar. (B) as (C)

    Source evidence

    Code amendment note
    Subsec. (b)(2)(B), (C). Pub. L. 110–343 added subpar. (B) and redesignated former subpar. (B) as (C).

    Enacted provision · exact public law section
    (a) In General.— Paragraph (2) of section 4161(b) is amended by redesignating subparagraph (B) as subparagraph (C) and by inserting after subparagraph (A) the following new subparagraph: “(B) Exemption for certain wooden arrow shafts.— Subparagraph (A) shall not apply to any shaft consisting of all natural wood with no laminations or artificial means of enhancing the spine of such shaft (whether sold separately or incorporated as part of a finished or unfinished product) of a type used in the manufacture of any arrow which after its assembly— “(i) measures 5⁄16 of an inch or less in diameter, and “(ii) is not suitable for use with a bow described in paragraph (1)(A).” .

22. 2017

    Pub. L. 115–97 title I § 11002(d)(11) · 131 Stat. 2054

    Substituted · 26 U.S.C. § 4161(b)(2)(C)(i)(II)

    Pub. L. 115–97 substituted “for ‘2016’ in subparagraph (A)(ii)” for “for ‘1992’ in subparagraph (B)”

    Source evidence

    Code amendment note
    Subsec. (b)(2)(C)(i)(II). Pub. L. 115–97 substituted “for ‘2016’ in subparagraph (A)(ii)” for “for ‘1992’ in subparagraph (B)”.

    Enacted provision · exact public law section
    (11) Section 4161(b)(2)(C)(i)(II) is amended by striking “for ‘1992’ in subparagraph (B)” and inserting “for ‘2016’ in subparagraph (A)(ii)”.

    Effective date note
    Amendment by Pub. L. 115–97 applicable to taxable years beginning after Dec. 31, 2017, see section 11002(e) of Pub. L. 115–97, set out as a note under section 1 of this title.

35 of 36 references resolved to an enrolled provision · 1 partial