“(D) Exclusive rule for greenville auditorium board.— For purposes of the paragraph, sizeable official governmental motion taken by the Greenville County Auditorium Board of Greenville, South Carolina, just before May possibly 23, 1983, shall be dealt with as sizeable Formal governmental motion with regard on the coliseum facility subject matter to your binding agreement to lease which was in effect on January 1, 1985.
“(ii) if these kinds of lease is pursuant to a published binding agreement entered into before January 1, 1984, which requires the international human being or entity to get the lessee of such house.
For functions of this paragraph, all associates of a similar affiliated team of corporations (within the which means of segment 1504 of the Internal Income Code of 1986) submitting a consolidated return shall be treated as a single taxpayer.
For uses of this subparagraph, an plane is ‘manufactured’ at the point of its final assembly,
“(10) To the lessor only: Should the lessor is actually a partnership or maybe a grantor trust, the name, deal with, and taxpayer determining range of the associates or the beneficiaries, as well as the district director’s Office environment with which the money tax return of each companion or beneficiary is filed; and
“(iii) the advertising and marketing of partnership models in this kind of partnership is done not later than two many years following the afterwards on the day of the enactment of this Act [July 18, 1984] or maybe the day of publication within the Federal Register of these types of exemption from the Section of Labor as well as the mixture number of models in these partnership bought isn't going to exceed the amount explained in clause (i).
“(ii) the chief government officer of your nearby governmental unit, in reference to the renovation of these types of creating, designed an software on June one, 1983, to some Condition agency for your Federal historic preservation grant and made an application on June 17, 1983, for the Economic Growth Administration of The usa Office of Commerce for just a grant,
“If, via the conditions of your relevant level get past entered ahead of the day on the enactment of the Act [Aug. 13, 1981] by a regulatory commission getting suitable jurisdiction, a regulated public utility would (but for this provision) are unsuccessful to fulfill the necessities of area 168(e)(3) of the Internal Earnings Code of 1986 [previously I.R.C. 1954] rico168 with regard to home due to the fact, for an accounting time period ending right after December 31, 1980, this sort of public utility used a technique of accounting besides a normalization way of accounting, this sort of controlled community utility shall not fail to fulfill these kinds of needs if, from the conditions of its 1st charge get analyzing cost of company with respect to this kind of residence which gets efficient following the date on the enactment of this Act and on or ahead of January 1, 1983, these kinds of regulated community utility uses a normalization way of accounting.
the relevant Conference for all home to which this portion applies positioned in services during these types of taxable yr shall be the mid-quarter Conference.
(eighteen) Capable intelligent electrical meters (A) In generalThe expression “skilled smart electric meter” implies any sensible electric powered meter which— (i) is put in service by a taxpayer who is a supplier of electric Vitality or possibly a company of electric powered Electrical power services, and
(D) Perseverance of whether or not home Utilized in unrelated trade or small business For applications of the subsection, in the situation of any residence which happens to be owned by a partnership that has both a tax-exempt entity along with a person who just isn't a tax-exempt entity as companions, the dedication of regardless of whether these kinds of house is Utilized in an unrelated trade or enterprise of this sort of an entity shall be manufactured with no regard to area 514.
In combination with the exceptions contained in this kind of subparagraph (B), there shall be excepted any satellite or other spacecraft (or any curiosity therein) held by a Usa man or woman if these satellite or spacecraft was released from within just America.”
(6) Therapies of additions or enhancements to propertyIn the situation of any addition to (or improvement of) any assets— (A) any deduction less than subsection (a) for such addition or advancement shall be computed in the exact same fashion as the deduction for these types of property could well be computed if this kind of home had been put in assistance simultaneously as such addition or advancement, and
“(I) A project is described During this subparagraph if it consists of not in excess of two all-natural gasoline-fired blended cycle electrical building units Every single getting a net electrical capacity of around 233 megawatts, in addition to a revenue contract for roughly a person-half in the output of your 1st device was entered into in December 1985.