114 
item relating to such subchapter in the table of 
subchapters for such chapter). 
(B) CONFORMING AMENDMENTS.— 
(i) Section 23(c)(1) is amended by 
striking ‘‘sections 25D and 1400C’’ and 
inserting ‘‘section 25D’’. 
(ii) Section 25(e)(1)(C) is amended by 
striking ‘‘sections 23, 25D, and 1400C’’ 
and inserting ‘‘sections 23 and 25D’’. 
(iii) Section 45D(h) is amended by 
striking ‘‘sections 1202, 1400B, and 
1400F’’ and inserting ‘‘section 1202’’. 
(iv) Section 1016(a) is amended by 
striking paragraph (27). 
(v) Section 1202(a)(2)(B) is amended 
by inserting ‘‘(as in effect before its re-
peal)’’ after ‘‘1400B(b)’’. 
(vi) Section 1223(13) is amended by 
striking 
‘‘sections 
1202(a)(2), 
1202(c)(2)(A), 1400B(b), and 1400F(b)’’ 
and inserting ‘‘subsections (a)(2) and 
(c)(2)(A) of section 1202’’. 
(vii) Section 1397B(b)(1) is amended 
by striking subparagraph (B). 
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115 
(C) SAVINGS
PROVISIONS.—The amend-
ments made by this paragraph shall not apply 
to— 
(i) in the case of the repeal of section 
1400A of the Internal Revenue Code of 
1986, obligations described in section 1394 
of such Code (as in effect before its repeal) 
which were issued before January 1, 2012, 
(ii) in the case of the repeal of section 
1400B of such Code, DC Zone assets (as 
defined in such section, as in effect before 
its repeal) which were acquired by the tax-
payer before January 1, 2012, and 
(iii) in the case of the repeal of sec-
tion 1400C of such Code, principal resi-
dences acquired before January 1, 2012. 
(4) RENEWAL COMMUNITY PROVISIONS.— 
(A) IN GENERAL.—Chapter 1 is amended 
by striking subchapter X (and by striking the 
item relating to such subchapter in the table of 
subchapters for such chapter). 
(B) CONFORMING AMENDMENTS.— 
(i)(I) Section 469(i)(3) is amended by 
striking subparagraph (C) and by redesig-
nating subparagraphs (D), (E), and (F) as 
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116 
subparagraphs (C), (D), and (E), respec-
tively. 
(II) Section 469(i)(3)(D), as so redes-
ignated, is amended to read as follows: 
‘‘(D) ORDERING
RULE.—Paragraph (1) 
shall be applied for any taxable year— 
‘‘(i) first, to the passive activity loss, 
‘‘(ii) second, to the portion of the pas-
sive activity credit to which subparagraph 
(B) and (C) does not apply, 
‘‘(iii) third, to the portion of such 
credit to which subparagraph (B) applies, 
and 
‘‘(iv) then, to the portion of such cred-
it to which subparagraph (C) applies.’’. 
(III) Section 469(i)(6)(B) is amend-
ed— 
(aa) by striking ‘‘, REHABILITA-
TION CREDIT, OR COMMERCIAL REVI-
TALIZATION DEDUCTION’’ in the head-
ing and inserting ‘‘OR
REHABILITA-
TION CREDIT’’, 
(bb) by adding ‘‘or’’ at the end of 
clause (i), 
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117 
(cc) by striking ‘‘, or’’ at the end 
of clause (ii) and inserting a comma, 
and 
(dd) by striking clause (iii). 
(IV) Section 1397B(b)(1), as amend-
ed by the preceding provisions of this Act, 
is amended by adding at the end the fol-
lowing new subparagraph: 
‘‘(B) REFERENCES.—Any reference in this 
paragraph to section 1400F shall be treated as 
reference to such section before its repeal.’’. 
(C) SAVINGS
PROVISIONS.—The amend-
ments made by this paragraph shall not apply 
to— 
(i) in the case of the repeal of section 
1400F of the Internal Revenue Code of 
1986, qualified community assets (as de-
fined in such section, as in effect before its 
repeal) which were acquired by the tax-
payer before January 1, 2010, 
(ii) in the case of the repeal section 
1400H of such Code, wages paid or in-
curred before January 1, 2010, 
(iii) in the case of the repeal of sec-
tion 1400I of such Code, qualified revital-
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118 
ization buildings (as defined in such sec-
tion, as in effect before its repeal) which 
were placed in service before January 1, 
2010, and 
(iv) in the case of the repeal of section 
1400J of such Code, property acquired be-
fore January 1, 2010. 
(5) SHORT-TERM REGIONAL BENEFITS.— 
(A) IN GENERAL.—Chapter 1 is amended 
by striking subchapter Y (and by striking the 
item relating to such subchapter in the table of 
subchapters for such chapter). 
(B) CONFORMING AMENDMENTS.— 
(i) Section 38(b), as amended by the 
preceding provisions of this Act, is amend-
ed by striking paragraphs (26), (27), (28), 
and (29) and by redesignating paragraphs 
(30) through (35) as paragraphs (26) 
through (31), respectively. 
(ii) Section 38(c)(2)(A)(ii)(II), as 
amended by the preceding provisions of 
this Act, is amended by striking ‘‘, the 
New York Liberty Zone business employee 
credit,’’. 
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119 
(iii) Section 38(c) is amended by 
striking paragraph (3). 
(iv) Section 54(c)(2) is amended by 
striking ‘‘section 1400N(l),’’. 
(v) Section 280C(a), as amended by 
the preceding provisions of this Act, is 
amended by striking ‘‘1396(a), 1400P(b), 
and 1400R’’ and inserting ‘‘and 1396(a)’’. 
(vi) Section 6033(b)(14) is amended 
by striking ‘‘including the amount and use 
of qualified contributions to which section 
1400S(a) applies,’’. 
(vii) Section 6049(d)(8)(A) is amend-
ed— 
(I) by striking ‘‘or 1400N(l)(6)’’, 
and 
(II) 
by 
striking 
‘‘or 
1400N(l)(2)(D), as the case may be’’. 
(C) SAVINGS
PROVISIONS.—The amend-
ments made by this paragraph shall not apply 
to— 
(i) in the case of the repeal of section 
1400L(a) of the Internal Revenue Code of 
1986, qualified wages (as defined in such 
section, as in effect before its repeal) which 
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120 
were paid or incurred before January 1, 
2004, 
(ii) in the case of the repeal of sub-
sections (b) and (f) of section 1400L of 
such Code, qualified New York Liberty 
Zone property (as defined in section 
1400L(b) of such Code, as in effect before 
its repeal) placed in service before January 
1, 2010, 
(iii) in the case of the repeal of sec-
tion 1400L(c) of such Code, qualified New 
York Liberty Zone leasehold improvement 
property (as defined in such section, as in 
effect before its repeal) placed in service 
before January 1, 2007, 
(iv) in the case of the repeal of section 
1400L(d) of such Code, qualified New 
York Liberty bonds (as defined in such 
section, as in effect before its repeal) 
issued before January 1, 2014, 
(v) in the case of the repeal of section 
1400L(e) 
of 
such 
Code, 
advanced 
refundings before January 1, 2006, 
(vi) in the case of the repeal of section 
1400L(g) of such Code, property which is 
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121 
compulsorily or involuntarily converted as 
a result of the terrorist attacks on Sep-
tember 11, 2001, 
(vii) in the case of the repeal of sec-
tion 1400N(a) of such Code, obligations 
issued before January 1, 2012, 
(viii) in the case of the repeal of sec-
tion 1400N(b) of such Code, advanced 
refundings before January 1, 2011, 
(ix) in the case of the repeal of section 
1400N(d) of such Code, property placed in 
service before January 1, 2012, 
(x) in the case of the repeal of section 
1400N(e) of such Code, property placed in 
service before January 1, 2009, 
(xi) in the case of the repeal of sub-
sections (f) and (g) of section 1400N of 
such Code, amounts paid or incurred be-
fore January 1, 2008, 
(xii) in the case of the repeal of sec-
tion 1400N(h) of such Code, amounts paid 
or incurred before January 1, 2012, 
(xiii) in the case of the repeal of sec-
tion 1400N(k)(1)(B) of such Code, losses 
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122 
arising in taxable years beginning before 
January 1, 2008, 
(xiv) in the case of the repeal of sec-
tion 1400N(l) of such Code, bonds issued 
before January 1, 2007, 
(xv) in the case of the repeal of sec-
tion 1400Q(a) of such Code, distributions 
before January 1, 2007, 
(xvi) in the case of the repeal of sec-
tion 1400Q(b) of such Code, contributions 
before March 1, 2006, 
(xvii) in the case of the repeal of sec-
tion 1400Q(c) of such Code, loans made 
before January 1, 2007, 
(xviii) in the case of the repeal of sec-
tion 1400R of such Code, wages paid or 
incurred before January 1, 2006, 
(xix) in the case of the repeal of sec-
tion 1400S(a) of such Code, contributions 
paid before January 1, 2006, 
(xx) in the case of the repeal of sec-
tion 1400T of such Code, financing pro-
vided before January 1, 2011, and 
(xxi) in the case of the repeal of part 
III of subchapter Y of chapter 1 of such 
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123 
Code, obligations issued before January 1, 
2011. 
(6) PROVISIONS RELATED TO COBRA PREMIUM 
ASSISTANCE.— 
(A) IN GENERAL.—Subchapter B of chap-
ter 65 is amended by striking section 6432 
(and by striking the item relating to such sec-
tion in the table of sections for such sub-
chapter). 
(B) NOTIFICATION REQUIREMENT.—Part I 
of subchapter B of chapter 68 is amended by 
striking section 6720C (and by striking the 
item relating to such section in the table of sec-
tions for such part). 
(C) EXCLUSION FROM GROSS INCOME.— 
Part III of subchapter B of chapter 1 is amend-
ed by striking section 139C (and by striking the 
item relating to such section in the table of sec-
tions for such part). 
(e) GENERAL SAVINGS PROVISION WITH RESPECT 
TO DEADWOOD PROVISIONS.—If— 
(1) any provision amended or repealed by the 
amendments made by subsection (b) or (d) applied 
to— 
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