“(D) such property is an element of the wastewater procedure facility (situated in Cameron County, Texas, within just just one mile of the town of Harlingen), an application to get a wastewater discharge permit was submitted with respect to this sort of facility on December 4, 1985, and a Town Commission authorized a letter of intent relating to a service settlement with respect to this sort of facility on August seven, 1986; or simply a wastewater facility (located in Harlingen, Texas) that 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.
“(2) not later than March 31, 2000, shall submit the outcome of these analyze, together with recommendations for identifying these kinds of intervals and solutions in a far more rational fashion, into the Committee on Ways and Indicates of the home of Representatives along with the Committee on Finance with the Senate.”
(8) Polices The Secretary shall prescribe these types of polices as may very well be important or ideal to perform the reasons of this subsection.
For applications of the subparagraph, an plane is ‘made’ at the point of its closing assembly,
For functions in the previous sentence, any exclusion or exemption shall not apply for purposes of determining the level of the gross cash flow so derived, but shall submit an application for applications of deciding the part of such gross cash flow issue to tax underneath this chapter.
(m) Special allowance for specified reuse and recycling property (one) In generalIn the case of any certified reuse and recycling residence— (A) the depreciation deduction furnished by area 167(a) with the taxable calendar year in which such assets is put in assistance shall include things like an allowance equal to 50 p.c with the modified foundation with the certified reuse and recycling property, and
“(a) Normally.— In the situation of any skilled motorcar agreement entered into on or ahead of the 90th day once the date of the enactment with the Tax Reform Act of 1984 [July 18, 1984], The point that these kinds of agreement incorporates a terminal rental adjustment clause shall not be taken into consideration in figuring out whether or not such arrangement is usually a lease.
“(B) these kinds of deal further obligated the customer to buy beverage containers for an extra 5-12 months period of time if Bodily indications of development with the plant are existing prior to September 1986,
“(K) Assets is explained On this subparagraph if this sort of property is employed by university of osteopathic medicine and health sciences, and on or right before December 31, 1983, the Board of Trustees of these university authorized the development of these kinds of home.
“(ii) only as a result of disorders which, as based on the Secretary of your Treasury or his delegate, are usually not inside the Charge rico168 of the lessor or lessee.
(H) which had furnished for special rules for property put in assistance just before sure percentages took impact.
(A) into a sewage or solid waste disposal facility, an air or drinking water pollution Management facility or a facility which has been given an urban growth motion grant below area 119 of your Housing and Neighborhood Development Act of 1974.
(3). Textual content browse as follows: “The term ‘cellulosic biofuel’ usually means any liquid fuel which is manufactured from any lignocellulosic or hemicellulosic make a difference that is available over a renewable or recurring foundation.”
(B) Form of election Any election under this paragraph shall be built at this sort of time and in these kinds of sort and manner since the Secretary may prescribe.