S. 1859Senate113th Congress (2013-2015)Introduced

Tax Extenders Act of 2013

Sponsored by Harry ReidSen. Harry Reid (D-NV)
Introduced December 19, 2013

Legislative Activity

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3 earlier actions
SenateCalendars Latest Action

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 287.

December 20, 2013

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SenateIntro Referral

Introduced in Senate

December 19, 2013

SenateIntro Referral

Introduced in the Senate.

December 19, 2013

SenateCalendars

Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S9054-9061)

December 20, 2013

SenateCalendars

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 287.

December 20, 2013

Floor Debate

23 members

What members said about S. 1859 on the floor

5 Republicans18 Democrats
Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Dec 19, 2013

Mr. President, before my colleague leaves the floor, I thank him for his leadership of the banking committee in the Senate for now several years and his commitment to try to find the right regulatory…

John Cornyn
Sen. John CornynR-TX · Dec 19, 2013

As we all learned in civics class in high school, the purpose of the Senate was to ensure that every State in the Nation had at least two votes on important matters that might affect not only the…

Louise McIntosh Slaughter
Rep. Louise McIntosh SlaughterD-NY-25 · Jul 10, 2014

Mr. Speaker, I first want to thank the gentleman from Oklahoma (Mr. Cole), my good friend, for yielding me the customary 30 minutes, and I yield myself such time as I may consume. Mr. Speaker, today…

Charles E. Schumer
Sen. Charles E. SchumerD-NY · Dec 19, 2013

Mr. President, I thank my colleague from Michigan for her heartfelt words. I couldn't agree with her more. I thank the majority leader and my colleagues from Ohio and New Jersey as well for…

Tom Cole
Rep. Tom ColeR-OK-4 · Jul 10, 2014

Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 661 and ask for its immediate consideration. Mr. Speaker, for the purpose of debate only, I yield the customary 30…

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Rob Portman
Sen. Rob PortmanR-OH · Dec 19, 2013

Mr. President, I ask unanimous consent the order for the quorum call be rescinded. Mr. President, I rise, along with my colleague from New Hampshire Senator Shaheen to talk about the Energy Savings…

Jeff Merkley
Sen. Jeff MerkleyD-OR · Dec 19, 2013

Madam President, I ask unanimous consent that the Senate recess from 12:45 p.m. until 2:15 p.m. and that the time in recess count postcloture; further, that the time from 2:15 p.m. until 2:35 p.m. be…

Mitch McConnell
Sen. Mitch McConnellR-KY · Dec 19, 2013

Reserving the right to object, it is unfortunate the Senate's schedule is completely full with pending cloture motions on controversial or completely nonurgent nominations. If these nomination were…

Bill Nelson
Sen. Bill NelsonD-FL · Dec 19, 2013

Mr. President, I know we are awaiting the arrival of Senator Johnson. I wish to take a moment to express my appreciation to the majority leader for including in the items we will be handling before…

Tom Harkin
Sen. Tom HarkinD-IA · Dec 19, 2013

Mr. President, ensuring equal opportunities and equal rights for individuals with disabilities has been one of my highest priorities during my time in Congress. As the lead Senate sponsor of the…

Debbie Stabenow
Sen. Debbie StabenowD-MI · Dec 19, 2013

Mr. President, first I thank my friend and colleague from Washington for her passionate advocacy, and I join with her and other colleagues today in supporting the unanimous consent request to pass…

Jack Reed
Sen. Jack ReedD-RI · Dec 19, 2013

Mr. President, student loan debt continues to climb. According to an analysis by the Institute for College Access, average student loan debt has increased by 6 percent each year since 2008. In 2012,…

Maria Cantwell
Sen. Maria CantwellD-WA · Dec 19, 2013

Mr. President, I wish to thank Leader Reid, Chairman Baucus, Senator Schumer, Senator Stabenow, Senator Wyden, Senator Brown, and Senator Menendez for coming to the floor to talk about this important…

Show 11 more
Jeanne Shaheen
Sen. Jeanne ShaheenD-NH · Dec 19, 2013

Mr. President, I am really pleased to be here on the floor today with, as the Senator from Ohio put it so well, my partner Senator Portman in developing this energy efficiency legislation--the Energy…

Ron Wyden
Sen. Ron WydenD-OR · Dec 19, 2013

Mr. President, before he leaves the floor, I commend my colleague from New York for a very fine statement. He and I sit next to each other on the Finance Committee, and we are going to be working…

Eleanor Holmes Norton
Rep. Eleanor Holmes NortonD-DC · Jul 10, 2014

I want to thank my good friend from New York for yielding and for her work on this rule. Mr. Speaker, A Congress controlled by Members trying to reduce the Federal footprint at every turn ought to be…

Ron Wyden
Sen. Ron WydenD-OR · Dec 19, 2013

Mr. President, today I am introducing the Wildfire Disaster Funding Act of 2013 to end the destructive cycle of underfunding wildfire prevention and then having to spend even greater amounts fighting…

Orrin G. Hatch
Sen. Orrin G. HatchR-UT · Dec 19, 2013

I wish to briefly comment on the absurdity of what just transpired on the Senate floor. My friends on the other side have been the longest serving majority since 1980. We are enduring, some would…

Tim Johnson
Sen. Tim JohnsonD-SD · Dec 19, 2013

Mr. President, I rise to speak in support of Dr. Janet Yellen to be chair of the Board of Governors of the Federal Reserve System. As we continue to recover from the worst economic crisis since the…

Sherrod Brown
Sen. Sherrod BrownD-OH · Dec 19, 2013

I thank the Presiding Officer and the Senator from New Jersey, and I ask unanimous consent that the Senator from Washington be allowed to speak following my comments on the extenders. Mr. President,…

Peter A. DeFazio
Rep. Peter A. DeFazioD-OR-4 · Jul 10, 2014

I thank my good friend for yielding that time. Mr. Speaker, sometime in the end of July or, at the latest, very early August, the inadequate budget for forest firefighting for the Department of the…

Robert Menendez
Sen. Robert MenendezD-NJ · Dec 19, 2013

Mr. President, I come to the floor to call attention to a critical provision in the Tax Extenders Act, which I wish had received consent because it is important for creating prosperity and economic…

Scott H. Peters
Rep. Scott H. PetersD-CA-52 · Jul 10, 2014

Mr. Speaker, San Diego and the entire State of California are facing a prolonged drought that is placing us at increased risk for wildfires. We are currently in the midst of what is expected to be…

Harry Reid
Sen. Harry ReidD-NV · Dec 19, 2013

Mr. President, I suggest the absence of a quorum. I ask unanimous consent that the order for the quorum call be rescinded. I ask unanimous consent the Senate proceed to S. 1859, submitted earlier…

Bill Text

Latest available legislative text

Reading Mode
Latest
Placed on Calendar SenateIssued December 20, 2013

II

Calendar No. 287

113th CONGRESS

1st Session

S. 1859

IN THE SENATE OF THE UNITED STATES

December 19, 2013

Mr. Reid introduced the following bill

December 20 (legislative day, December 19), 2013

Read the first time

December 20, 2013

Read the second time and placed on the calendar

A BILL

To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes.

1.

Short title, etc

(a)

Short title

This Act may be cited as the Tax Extenders Act of 2013.

(b)

Amendment of 1986 Code

Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.

(c)

Table of contents

The table of contents for this Act is as follows:

Sec. 1. Short title, etc.

TITLE I—Individual tax extenders

Subtitle A—Extensions relating to certain health coverage

Sec. 101. Health care tax credit.

Sec. 102. TAA pre-certification rule for purposes of determining whether there is a 63-day lapse in creditable coverage.

Sec. 103. Extension of COBRA benefits for certain TAA-eligible individuals and PBGC recipients.

Subtitle B—General extensions

Sec. 111. Extension of deduction for certain expenses of elementary and secondary school teachers.

Sec. 112. Extension of exclusion from gross income of discharge of qualified principal residence indebtedness.

Sec. 113. Extension of parity for exclusion from income for employer-provided mass transit and parking benefits.

Sec. 114. Extension of mortgage insurance premiums treated as qualified residence interest.

Sec. 115. Extension of deduction of State and local general sales taxes.

Sec. 116. Extension of special rule for contributions of capital gain real property made for conservation purposes.

Sec. 117. Extension of above-the-line deduction for qualified tuition and related expenses.

Sec. 118. Extension of tax-free distributions from individual retirement plans for charitable purposes.

TITLE II—Business tax extenders

Sec. 201. Extension of research credit.

Sec. 202. Extension of temporary minimum low-income tax credit rate for non-federally subsidized new buildings.

Sec. 203. Extension of housing allowance exclusion for determining area median gross income for qualified residential rental project exempt facility bonds.

Sec. 204. Extension of Indian employment tax credit.

Sec. 205. Extension of new markets tax credit.

Sec. 206. Extension of railroad track maintenance credit.

Sec. 207. Extension of mine rescue team training credit.

Sec. 208. Extension of employer wage credit for employees who are active duty members of the uniformed services.

Sec. 209. Extension of work opportunity tax credit.

Sec. 210. Extension of qualified zone academy bonds.

Sec. 211. Extension of classification of certain race horses as 3-year property.

Sec. 212. Extension of 15-year straight-line cost recovery for qualified leasehold improvements, qualified restaurant buildings and improvements, and qualified retail improvements.

Sec. 213. Extension of 7-year recovery period for motorsports entertainment complexes.

Sec. 214. Extension of accelerated depreciation for business property on an Indian reservation.

Sec. 215. Extension of bonus depreciation.

Sec. 216. Extension of enhanced charitable deduction for contributions of food inventory.

Sec. 217. Extension of increased expensing limitations and treatment of certain real property as section 179 property.

Sec. 218. Extension of election to expense mine safety equipment.

Sec. 219. Extension of special expensing rules for certain film and television productions.

Sec. 220. Extension of deduction allowable with respect to income attributable to domestic production activities in Puerto Rico.

Sec. 221. Extension of modification of tax treatment of certain payments to controlling exempt organizations.

Sec. 222. Extension of treatment of certain dividends of regulated investment companies.

Sec. 223. Extension of RIC qualified investment entity treatment under FIRPTA.

Sec. 224. Extension of subpart F exception for active financing income.

Sec. 225. Extension of look-thru treatment of payments between related controlled foreign corporations under foreign personal holding company rules.

Sec. 226. Extension of temporary exclusion of 100 percent of gain on certain small business stock.

Sec. 227. Extension of basis adjustment to stock of S corporations making charitable contributions of property.

Sec. 228. Extension of reduction in S-corporation recognition period for built-in gains tax.

Sec. 229. Extension of empowerment zone tax incentives.

Sec. 230. Extension of temporary increase in limit on cover over of rum excise taxes to Puerto Rico and the Virgin Islands.

Sec. 231. Extension of American Samoa economic development credit.

TITLE III—Energy tax extenders

Sec. 301. Extension of credit for energy-efficient existing homes.

Sec. 302. Extension of credit for alternative fuel vehicle refueling property.

Sec. 303. Extension of credit for 2- or 3-wheeled plug-in electric vehicles.

Sec. 304. Extension of second generation biofuel producer credit.

Sec. 305. Extension of incentives for biodiesel and renewable diesel.

Sec. 306. Extension of production credit for Indian coal facilities placed in service before 2009.

Sec. 307. Extension of credits with respect to facilities producing energy from certain renewable resources.

Sec. 308. Extension of credit for energy-efficient new homes.

Sec. 309. Extension of credits for energy-efficient appliances.

Sec. 310. Extension of special allowance for second generation biofuel plant property.

Sec. 311. Extension of placed in service date for election to expense certain refineries.

Sec. 312. Extension of energy efficient commercial buildings deduction.

Sec. 313. Extension of special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities.

Sec. 314. Extension of alternative fuels excise tax credits.

Sec. 315. Extension of alternative fuels excise tax credits relating to liquefied hydrogen.

I

Individual tax extenders

A

Extensions relating to certain health coverage

101.

Health care tax credit

(a)

In general

Subparagraph (B) of section 35(b)(1) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to coverage months beginning after December 31, 2013.

102.

TAA pre-certification rule for purposes of determining whether there is a 63-day lapse in creditable coverage

(a)

In general

The following provisions are each amended by striking January 1, 2014 and inserting January 1, 2015:

(1)

Section 9801(c)(2)(D).

(2)

Section 701(c)(2)(C) of the Employee Retirement Income Security Act of 1974.

(3)

Section 2701(c)(2)(C) of the Public Health Service Act (as in effect for plan years beginning before January 1, 2014).

(4)

Section 2704(c)(2)(C) of the Public Health Service Act (as in effect for plan years beginning on or after January 1, 2014).

(b)

Effective date

The amendments made by this section shall apply to plan years beginning after December 31, 2013.

103.

Extension of COBRA benefits for certain TAA-eligible individuals and PBGC recipients

(a)

In general

The following provisions are each amended by striking January 1, 2014 and inserting January 1, 2015:

(1)

Section 4980B(f)(2)(B)(i)(V).

(2)

Section 4980B(f)(2)(B)(i)(VI).

(3)

Section 602(2)(A)(v) of the Employee Retirement Income Security Act of 1974.

(4)

Section 602(2)(A)(vi) of such Act.

(5)

Section 2202(2)(A)(iv) of the Public Health Service Act.

(b)

Effective date

The amendments made by this section shall apply to periods of coverage which would (without regard to the amendments made by this section) end on or after December 31, 2013.

B

General extensions

111.

Extension of deduction for certain expenses of elementary and secondary school teachers

(a)

In general

Subparagraph (D) of section 62(a)(2) is amended by striking or 2013 and inserting 2013, or 2014.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2013.

112.

Extension of exclusion from gross income of discharge of qualified principal residence indebtedness

(a)

In general

Subparagraph (E) of section 108(a)(1) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to indebtedness discharged after December 31, 2013.

113.

Extension of parity for exclusion from income for employer-provided mass transit and parking benefits

(a)

In general

Paragraph (2) of section 132(f) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to months after December 31, 2013.

114.

Extension of mortgage insurance premiums treated as qualified residence interest

(a)

In general

Subclause (I) of section 163(h)(3)(E)(iv) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendments made by this section shall apply to amounts paid or accrued after December 31, 2013.

115.

Extension of deduction of State and local general sales taxes

(a)

In general

Subparagraph (I) of section 164(b)(5) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2013.

116.

Extension of special rule for contributions of capital gain real property made for conservation purposes

(a)

In general

Clause (vi) of section 170(b)(1)(E) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Contributions by certain corporate farmers and ranchers

Clause (iii) of section 170(b)(2)(B) is amended by striking December 31, 2013 and inserting December 31, 2014.

(c)

Effective date

The amendments made by this section shall apply to contributions made in taxable years beginning after December 31, 2013.

117.

Extension of above-the-line deduction for qualified tuition and related expenses

(a)

In general

Subsection (e) of section 222 is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2013.

118.

Extension of tax-free distributions from individual retirement plans for charitable purposes

(a)

In general

Subparagraph (F) of section 408(d)(8) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to distributions made in taxable years beginning after December 31, 2013.

II

Business tax extenders

201.

Extension of research credit

(a)

In general

Subparagraph (B) of section 41(h)(1) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Conforming amendment

Subparagraph (D) of section 45C(b)(1) is amended by striking December 31, 2013 and inserting December 31, 2014.

(c)

Effective date

The amendments made by this section shall apply to amounts paid or incurred after December 31, 2013.

202.

Extension of temporary minimum low-income tax credit rate for non-federally subsidized new buildings

(a)

In general

Subparagraph (A) of section 42(b)(2) is amended by striking before January 1, 2014 and inserting before January 1, 2015.

(b)

Effective date

The amendment made by this section shall take effect on January 1, 2014.

203.

Extension of housing allowance exclusion for determining area median gross income for qualified residential rental project exempt facility bonds

(a)

In general

Subsection (b) of section 3005 of the Housing Assistance Tax Act of 2008 is amended by striking January 1, 2014 each place it appears and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall take effect as if included in the enactment of section 3005 of the Housing Assistance Tax Act of 2008.

204.

Extension of Indian employment tax credit

(a)

In general

Subsection (f) of section 45A is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2013.

205.

Extension of new markets tax credit

(a)

In general

Subparagraph (G) of section 45D(f)(1) is amended by striking and 2013 and inserting 2013, and 2014.

(b)

Carryover of unused limitation

Paragraph (3) of section 45D(f) is amended by striking 2018 and inserting 2019.

(c)

Effective date

The amendments made by this section shall apply to calendar years beginning after December 31, 2013.

206.

Extension of railroad track maintenance credit

(a)

In general

Subsection (f) of section 45G is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to expenditures paid or incurred in taxable years beginning after December 31, 2013.

207.

Extension of mine rescue team training credit

(a)

In general

Subsection (e) of section 45N is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2013.

208.

Extension of employer wage credit for employees who are active duty members of the uniformed services

(a)

In general

Subsection (f) of section 45P is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to payments made after December 31, 2013.

209.

Extension of work opportunity tax credit

(a)

In general

Subparagraph (B) of section 51(c)(4) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to individuals who begin work for the employer after December 31, 2013.

210.

Extension of qualified zone academy bonds

(a)

Extension

(1)

In general

Paragraph (1) of section 54E(c) is amended by striking and 2013 and inserting 2013, and 2014.

(2)

Effective date

The amendment made by this subsection shall apply to obligations issued after December 31, 2013.

(b)

Technical correction and conforming amendment

(1)

In general

Clause (iii) of section 6431(f)(3)(A) is amended—

(A)

by striking 2011 and inserting years after 2010, and

(B)

by striking of such allocation and inserting of any such allocation.

(2)

Effective date

The amendments made by this subsection shall take effect as if included in section 310 of the American Taxpayer Relief Act of 2012.

211.

Extension of classification of certain race horses as 3-year property

(a)

In general

Clause (i) of section 168(e)(3)(A) is amended—

(1)

by striking January 1, 2014 in subclause (I) and inserting January 1, 2015, and

(2)

by striking December 31, 2013 in subclause (II) and inserting December 31, 2014.

(b)

Effective date

The amendments made by this section shall apply to property placed in service after December 31, 2013.

212.

Extension of 15-year straight-line cost recovery for qualified leasehold improvements, qualified restaurant buildings and improvements, and qualified retail improvements

(a)

In general

Clauses (iv), (v), and (ix) of section 168(e)(3)(E) are each amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendments made by this section shall apply to property placed in service after December 31, 2013.

213.

Extension of 7-year recovery period for motorsports entertainment complexes

(a)

In general

Subparagraph (D) of section 168(i)(15) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

214.

Extension of accelerated depreciation for business property on an Indian reservation

(a)

In general

Paragraph (8) of section 168(j) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

215.

Extension of bonus depreciation

(a)

In general

Paragraph (2) of section 168(k) is amended—

(1)

by striking January 1, 2015 in subparagraph (A)(iv) and inserting January 1, 2016, and

(2)

by striking January 1, 2014 each place it appears and inserting January 1, 2015.

(b)

Special rule for Federal long-Term contracts

Clause (ii) of section 460(c)(6)(B) is amended by striking January 1, 2014 (January 1, 2015 and inserting January 1, 2015 (January 1, 2016.

(c)

Extension of election To accelerate the AMT credit in lieu of bonus depreciation

(1)

In general

Subclause (II) of section 168(k)(4)(D)(iii) is amended by striking 2014 and inserting 2015.

(2)

Round 4 extension property

Paragraph (4) of section 168(k) is amended by adding at the end the following new subparagraph:

(K)

Special rules for round 4 extension property

(i)

In general

In the case of round 4 extension property, this paragraph shall be applied without regard to—

(I)

the limitation described in subparagraph (B)(i) thereof, and

(II)

the business credit increase amount under subparagraph (E)(iii) thereof.

(ii)

Taxpayers previously electing acceleration

In the case of a taxpayer who made the election under subparagraph (A) for its first taxable year ending after March 31, 2008, a taxpayer who made the election under subparagraph (H)(ii) for its first taxable year ending after December 31, 2008, a taxpayer who made the election under subparagraph (I)(iii) for its first taxable year ending after December 31, 2010, or a taxpayer who made the election under subparagraph (J)(iii) for its first taxable year ending after December 31, 2012—

(I)

the taxpayer may elect not to have this paragraph apply to round 4 extension property, but

(II)

if the taxpayer does not make the election under subclause (I), in applying this paragraph to the taxpayer the bonus depreciation amount, maximum amount, and maximum increase amount shall be computed and applied to eligible qualified property which is round 4 extension property.

The amounts described in subclause (II) shall be computed separately from any amounts computed with respect to eligible qualified property which is not round 4 extension property.
(iii)

Taxpayers not previously electing acceleration

In the case of a taxpayer who neither made the election under subparagraph (A) for its first taxable year ending after March 31, 2008, nor made the election under subparagraph (H)(ii) for its first taxable year ending after December 31, 2008, nor made the election under subparagraph (I)(iii) for its first taxable year ending after December 31, 2010, nor made the election under subparagraph (J)(iii) for its first taxable year ending after December 31, 2012—

(I)

the taxpayer may elect to have this paragraph apply to its first taxable year ending after December 31, 2013, and each subsequent taxable year, and

(II)

if the taxpayer makes the election under subclause (I), this paragraph shall only apply to eligible qualified property which is round 4 extension property.

(iv)

Round 4 extension property

For purposes of this subparagraph, the term round 4 extension property means property which is eligible qualified property solely by reason of the extension of the application of the special allowance under paragraph (1) pursuant to the amendments made by section 215(a) of the Tax Extenders Act of 2013 (and the application of such extension to this paragraph pursuant to the amendment made by section 215(c) of such Act).

.

(d)

Conforming amendments

(1)

The heading for subsection (k) of section 168 is amended by striking January 1, 2014 and inserting January 1, 2015.

(2)

The heading for clause (ii) of section 168(k)(2)(B) is amended by striking pre-January 1, 2014 and inserting pre-January 1, 2015.

(3)

Subparagraph (C) of section 168(n)(2) is amended by striking January 1, 2014 and inserting January 1, 2015.

(4)

Subparagraph (D) of section 1400L(b)(2) is amended by striking January 1, 2014 and inserting January 1, 2015.

(5)

Subparagraph (B) of section 1400N(d)(3) is amended by striking January 1, 2014 and inserting January 1, 2015.

(e)

Effective date

The amendments made by this section shall apply to property placed in service after December 31, 2013, in taxable years ending after such date.

216.

Extension of enhanced charitable deduction for contributions of food inventory

(a)

In general

Clause (iv) of section 170(e)(3)(C) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to contributions made after December 31, 2013.

217.

Extension of increased expensing limitations and treatment of certain real property as section 179 property

(a)

In general

(1)

Dollar limitation

Section 179(b)(1) is amended—

(A)

by striking or 2013 in subparagraph (B) and inserting 2013, or 2014, and

(B)

by striking 2013 in subparagraph (C) and inserting 2014.

(2)

Reduction in limitation

Section 179(b)(2) is amended—

(A)

by striking or 2013 in subparagraph (B) and inserting 2013, or 2014, and

(B)

by striking 2013 in subparagraph (C) and inserting 2014.

(b)

Computer software

Section 179(d)(1)(A)(ii) is amended by striking 2014 and inserting 2015.

(c)

Election

Section 179(c)(2) is amended by striking 2014 and inserting 2015.

(d)

Special rules for treatment of qualified real property

(1)

In general

Section 179(f)(1) is amended by striking or 2013 and inserting 2013, or 2014.

(2)

Carryover limitation

(A)

In general

Section 179(f)(4) is amended by striking 2013 each place it appears and inserting 2014.

(B)

Conforming amendment

The heading of subparagraph (C) of section 179(f)(4) is amended by striking 2011 and 2012 and inserting 2011, 2012, and 2013.

(e)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2013.

218.

Extension of election to expense mine safety equipment

(a)

In general

Subsection (g) of section 179E is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

219.

Extension of special expensing rules for certain film and television productions

(a)

In general

Subsection (f) of section 181 is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to productions commencing after December 31, 2013.

220.

Extension of deduction allowable with respect to income attributable to domestic production activities in Puerto Rico

(a)

In general

Subparagraph (C) of section 199(d)(8) is amended—

(1)

by striking first 8 taxable years and inserting first 9 taxable years, and

(2)

by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2013.

221.

Extension of modification of tax treatment of certain payments to controlling exempt organizations

(a)

In general

Clause (iv) of section 512(b)(13)(E) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to payments received or accrued after December 31, 2013.

222.

Extension of treatment of certain dividends of regulated investment companies

(a)

In general

Paragraphs (1)(C)(v) and (2)(C)(v) of section 871(k) are each amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2013.

223.

Extension of RIC qualified investment entity treatment under FIRPTA

(a)

In general

Clause (ii) of section 897(h)(4)(A) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall take effect on January 1, 2014.

224.

Extension of subpart F exception for active financing income

(a)

Exempt insurance income

Paragraph (10) of section 953(e) is amended—

(1)

by striking January 1, 2014 and inserting January 1, 2015, and

(2)

by striking December 31, 2013 and inserting December 31, 2014.

(b)

Special rule for income derived in the active conduct of banking, financing, or similar businesses

Paragraph (9) of section 954(h) is amended by striking January 1, 2014 and inserting January 1, 2015.

(c)

Effective date

The amendments made by this section shall apply to taxable years of foreign corporations beginning after December 31, 2013, and to taxable years of United States shareholders with or within which any such taxable year of such foreign corporation ends.

225.

Extension of look-thru treatment of payments between related controlled foreign corporations under foreign personal holding company rules

(a)

In general

Subparagraph (C) of section 954(c)(6) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to taxable years of foreign corporations beginning after December 31, 2013, and to taxable years of United States shareholders with or within which such taxable years of foreign corporations end.

226.

Extension of temporary exclusion of 100 percent of gain on certain small business stock

(a)

In general

Paragraph (4) of section 1202(a) is amended—

(1)

by striking January 1, 2014 and inserting January 1, 2015, and

(2)

by striking and 2013 in the heading and inserting 2013, and 2014.

(b)

Effective date

The amendments made by this section shall apply to stock acquired after December 31, 2013.

227.

Extension of basis adjustment to stock of S corporations making charitable contributions of property

(a)

In general

Paragraph (2) of section 1367(a) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

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

228.

Extension of reduction in S-corporation recognition period for built-in gains tax

(a)

In general

Subparagraph (C) of section 1374(d)(7) is amended—

(1)

by striking 2012 or 2013 and inserting 2012, 2013, or 2014, and

(2)

by striking 2012 and 2013 in the heading and inserting 2012, 2013, and 2014.

(b)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2013.

229.

Extension of empowerment zone tax incentives

(a)

In general

Clause (i) of section 1391(d)(1)(A) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Treatment of certain termination dates specified in nominations

In the case of a designation of an empowerment zone the nomination for which included a termination date which is contemporaneous with the date specified in subparagraph (A)(i) of section 1391(d)(1) of the Internal Revenue Code of 1986 (as in effect before the enactment of this Act), subparagraph (B) of such section shall not apply with respect to such designation if, after the date of the enactment of this section, the entity which made such nomination amends the nomination to provide for a new termination date in such manner as the Secretary of the Treasury (or the Secretary’s designee) may provide.

(c)

Effective date

The amendment made by this section shall apply to periods after December 31, 2013.

230.

Extension of temporary increase in limit on cover over of rum excise taxes to Puerto Rico and the Virgin Islands

(a)

In general

Paragraph (1) of section 7652(f) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to distilled spirits brought into the United States after December 31, 2013.

231.

Extension of American Samoa economic development credit

(a)

In general

Subsection (d) of section 119 of division A of the Tax Relief and Health Care Act of 2006 is amended—

(1)

by striking January 1, 2014 each place it appears and inserting January 1, 2015,

(2)

by striking first 8 taxable years in paragraph (1) and inserting first 9 taxable years, and

(3)

by striking first 2 taxable years in paragraph (2) and inserting first 3 taxable years.

(b)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2013.

III

Energy tax extenders

301.

Extension of credit for energy-efficient existing homes

(a)

In general

Paragraph (2) of section 25C(g) is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

302.

Extension of credit for alternative fuel vehicle refueling property

(a)

In general

Subsection (g) of section 30C is amended by striking placed in service and all that follows and inserting placed in service after December 31, 2014..

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

303.

Extension of credit for 2- or 3-wheeled plug-in electric vehicles

(a)

In general

Subparagraph (E) of section 30D(g)(3) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendments made by this section shall apply to vehicles acquired after December 31, 2013.

304.

Extension of second generation biofuel producer credit

(a)

In general

Clause (i) of section 40(b)(6)(J) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this subsection shall apply to fuel sold or used after December 31, 2013.

305.

Extension of incentives for biodiesel and renewable diesel

(a)

Credits for biodiesel and renewable diesel used as fuel

Subsection (g) of section 40A is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Excise tax credits and outlay payments for biodiesel and renewable diesel fuel mixtures

(1)

Paragraph (6) of section 6426(c) is amended by striking December 31, 2013 and inserting December 31, 2014.

(2)

Subparagraph (B) of section 6427(e)(6) is amended by striking December 31, 2013 and inserting December 31, 2014.

(c)

Effective date

The amendments made by this section shall apply to fuel sold or used after December 31, 2013.

306.

Extension of production credit for Indian coal facilities placed in service before 2009

(a)

In general

Subparagraph (A) of section 45(e)(10) is amended by striking 8-year period each place it appears and inserting 9-year period.

(b)

Effective date

The amendment made by this section shall apply to coal produced after December 31, 2013.

307.

Extension of credits with respect to facilities producing energy from certain renewable resources

(a)

In general

The following provisions of section 45(d) are each amended by striking January 1, 2014 each place it appears and inserting January 1, 2015:

(1)

Paragraph (1).

(2)

Paragraph (2)(A).

(3)

Paragraph (3)(A).

(4)

Paragraph (4)(B).

(5)

Paragraph (6).

(6)

Paragraph (7).

(7)

Paragraph (9).

(8)

Paragraph (11)(B).

(b)

Extension of election to treat qualified facilities as energy property

Clause (ii) of section 48(a)(5)(C) is amended by striking January 1, 2014 and inserting January 1, 2015.

(c)

Effective dates

The amendments made by this section shall take effect on January 1, 2014.

308.

Extension of credit for energy-efficient new homes

(a)

In general

Subsection (g) of section 45L is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendments made by this section shall apply to homes acquired after December 31, 2013.

309.

Extension of credits for energy-efficient appliances

(a)

In general

Subsection (b) of section 45M is amended by striking or 2013 each place it appears in paragraphs (1)(E), (2)(F), and (3)(F) and inserting 2013, or 2014.

(b)

Effective date

The amendments made by this section shall apply to appliances produced after December 31, 2013.

310.

Extension of special allowance for second generation biofuel plant property

(a)

In general

Subparagraph (D) of section 168(l)(2) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

311.

Extension of placed in service date for election to expense certain refineries

(a)

In general

Subparagraph (B) of section 179C(c)(1) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

312.

Extension of energy efficient commercial buildings deduction

(a)

In general

Subsection (h) of section 179D is amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2013.

313.

Extension of special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities

(a)

In general

Paragraph (3) of section 451(i) is amended by striking January 1, 2014 and inserting January 1, 2015.

(b)

Effective date

The amendment made by this section shall apply to dispositions after December 31, 2013.

314.

Extension of alternative fuels excise tax credits

(a)

In general

Sections 6426(d)(5) and 6426(e)(3) are each amended by striking December 31, 2013 and inserting December 31, 2014.

(b)

Outlay payments for alternative fuels

Subparagraph (C) of section 6427(e)(6) is amended by striking December 31, 2013 and inserting December 31, 2014.

(c)

Effective date

The amendments made by this section shall apply to fuel sold or used after December 31, 2013.

315.

Extension of alternative fuels excise tax credits relating to liquefied hydrogen

(a)

In general

Sections 6426(d)(5) and 6426(e)(3), as amended by this Act, are each amended by striking 2014 (September 30, 2014 in the case of any sale or use involving liquefied hydrogen) and inserting 2014.

(b)

Outlay payments for alternative fuels

Paragraph (6) of section 6427(e) is amended—

(1)

by striking except as provided in subparagraph (D), any in subparagraph (C), as amended by this Act, and inserting any, and

(2)

by striking subparagraph (D) and redesignating subparagraph (E) as subparagraph (D).

(c)

Effective date

The amendments made by this section shall apply to fuels sold or used after September 30, 2014.

December 20, 2013

Read the second time and placed on the calendar