I 
110TH CONGRESS 
1ST SESSION H. R. 4195 
To amend the Internal Revenue Code of 1986 to make technical corrections, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
NOVEMBER 15, 2007 
Mr. RANGEL (for himself and Mr. MCCRERY) introduced the following bill; 
which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to make 
technical corrections, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; AMENDMENT OF 1986 CODE; 
TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Tax Technical Corrections Act of 2007’’. 
(b) AMENDMENT OF 1986 CODE.—Except as other-
wise expressly provided, whenever in this Act an amend-
ment or repeal is expressed in terms of an amendment 
to, or repeal of, a section or other provision, the reference 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
shall be considered to be made to a section or other provi-
sion of the Internal Revenue Code of 1986. 
(c) TABLE OF CONTENTS.—The table of contents of 
this Act is as follows: 
Sec. 1. Short title; amendment of 1986 Code; table of contents. 
Sec. 2. Amendment related to the Tax Relief and Health Care Act of 2006. 
Sec. 3. Amendments related to title XII of the Pension Protection Act of 2006. 
Sec. 4. Amendments related to the Tax Increase Prevention and Reconciliation 
Act of 2005. 
Sec. 5. Amendments related to the Safe, Accountable, Flexible, Efficient Trans-
portation Equity Act: A Legacy for Users. 
Sec. 6. Amendments related to the Energy Policy Act of 2005. 
Sec. 7. Amendments related to the American Jobs Creation Act of 2004. 
Sec. 8. Amendment related to the Jobs and Growth Tax Relief Reconciliation 
Act of 2003. 
Sec. 9. Amendments related to the Economic Growth and Tax Relief Reconcili-
ation Act of 2001. 
Sec. 10. Amendments related to the Tax Relief Extension Act of 1999. 
Sec. 11. Amendment related to the Internal Revenue Service Restructuring and 
Reform Act of 1998. 
Sec. 12. Clerical corrections. 
SEC. 2. AMENDMENT RELATED TO THE TAX RELIEF AND 
HEALTH CARE ACT OF 2006. 
(a) AMENDMENT RELATED TO SECTION 402 OF DI-
VISION A OF THE ACT.—Subparagraph (A) of section 
53(e)(2) is amended to read as follows: 
‘‘(A) IN GENERAL.—The term ‘AMT re-
fundable credit amount’ means, with respect to 
any taxable year, the amount (not in excess of 
the long-term unused minimum tax credit for 
such taxable year) equal to the greater of— 
‘‘(i) $5,000, 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
‘‘(ii) 20 percent of the long-term un-
used minimum tax credit for such taxable 
year, or 
‘‘(iii) the amount (if any) of the AMT 
refundable 
credit 
amount 
determined 
under this paragraph for the taxpayer’s 
preceding taxable year (as determined be-
fore any reduction under subparagraph 
(B)).’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall take effect as if included in the provision 
of the Tax Relief and Health Care Act of 2006 to which 
it relates. 
SEC. 3. AMENDMENTS RELATED TO TITLE XII OF THE PEN-
SION PROTECTION ACT OF 2006. 
(a) AMENDMENT RELATED TO SECTION 1201 OF 
THE ACT.—Subparagraph (D) of section 408(d)(8) is 
amended by striking ‘‘all amounts distributed from all in-
dividual retirement plans were treated as 1 contract under 
paragraph (2)(A) for purposes of determining the inclu-
sion of such distribution under section 72’’ and inserting 
‘‘all amounts in all individual retirement plans of the indi-
vidual were distributed during such taxable year and all 
such plans were treated as 1 contract for purposes of de-
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
termining under section 72 the aggregate amount which 
would have been so includible’’. 
(b) AMENDMENT RELATED TO SECTION 1203 OF 
THE ACT.—Subsection (d) of section 1366 is amended by 
adding at the end the following new paragraph: 
‘‘(4) APPLICATION OF LIMITATION ON CHARI-
TABLE CONTRIBUTIONS.—In the case of any chari-
table contribution of property to which the second 
sentence of section 1367(a)(2) applies, paragraph 
(1) shall not apply to the extent of the excess (if 
any) of— 
‘‘(A) the shareholder’s pro rata share of 
such contribution, over 
‘‘(B) the shareholder’s pro rata share of 
the adjusted basis of such property.’’. 
(c) AMENDMENT RELATED TO SECTION 1215 OF 
THE ACT.—Subclause (I) of section 170(e)(7)(D)(i) is 
amended by striking ‘‘related’’ and inserting ‘‘substantial 
and related’’. 
(d) AMENDMENTS RELATED TO SECTION 1218 OF 
THE ACT.— 
(1) Section 2055 is amended by striking sub-
section (g) and by redesignating subsection (h) as 
subsection (g). 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
(2) Subsection (e) of section 2522 is amend-
ed— 
(A) by striking paragraphs (2) and (4), 
(B) by redesignating paragraph (3) as 
paragraph (2), and 
(C) by adding at the end of paragraph (2), 
as so redesignated, the following new subpara-
graph: 
‘‘(C) 
INITIAL
FRACTIONAL
CONTRIBU-
TION.—For purposes of this paragraph, the 
term ‘initial fractional contribution’ means, 
with respect to any donor, the first gift of an 
undivided portion of the donor’s entire interest 
in any tangible personal property for which a 
deduction is allowed under subsection (a) or 
(b).’’. 
(e) AMENDMENTS RELATED TO SECTION 1219 OF 
THE ACT.— 
(1) Paragraph (2) of section 6695A(a) is 
amended by inserting ‘‘a substantial estate or gift 
tax valuation understatement (within the meaning of 
section 6662(g)),’’ before ‘‘or a gross valuation 
misstatement’’. 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
(2) Paragraph (1) of section 6696(d) is amend-
ed by striking ‘‘or under section 6695’’ and inserting 
‘‘, section 6695, or 6695A’’. 
(f) AMENDMENT RELATED TO SECTION 1221 OF THE 
ACT.—Subparagraph (A) of section 4940(c)(4) is amend-
ed to read as follows: 
‘‘(A) There shall not be taken into account 
any gain or loss from the sale or other disposi-
tion of property to the extent that such gain or 
loss is taken into account for purposes of com-
puting the tax imposed by section 511.’’. 
(g) AMENDMENT RELATED TO SECTION 1225 OF 
THE ACT.— 
(1) Subsection (b) of section 6104 is amend-
ed— 
(A) by striking ‘‘INFORMATION’’ in the 
heading, and 
(B) by adding at the end the following: 
‘‘Any annual return which is filed under section 
6011 by an organization described in section 
501(c)(3) and which relates to any tax imposed 
by section 511 (relating to imposition of tax on 
unrelated business income of charitable, etc., 
organizations) shall be treated for purposes of 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
this subsection in the same manner as if fur-
nished under section 6033.’’. 
(2) Clause (ii) of section 6104(d)(1)(A) is 
amended to read as follows: 
‘‘(ii) any annual return which is filed 
under section 6011 by an organization de-
scribed in section 501(c)(3) and which re-
lates to any tax imposed by section 511 
(relating to imposition of tax on unrelated 
business income of charitable, etc., organi-
zations),’’. 
(3) Paragraph (2) of section 6104(d) is amend-
ed by striking ‘‘section 6033’’ and inserting ‘‘section 
6011 or 6033’’. 
(h) AMENDMENT RELATED TO SECTION 1231 OF 
THE ACT.—Subsection (b) of section 4962 is amended by 
striking ‘‘or D’’ and inserting ‘‘D, or G’’. 
(i) AMENDMENT RELATED TO SECTION 1242 OF THE 
ACT.— 
(1) Subclause (II) of section 4958(c)(3)(A)(i) is 
amended by striking ‘‘paragraph (1), (2), or (4) of 
section 
509(a)’’ 
and 
inserting 
‘‘subparagraph 
(C)(ii)’’. 
(2) Clause (ii) of section 4958(c)(3)(C) is 
amended to read as follows: 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
‘‘(ii) EXCEPTION.—Such term shall 
not include— 
‘‘(I) any organization described 
in paragraph (1), (2), or (4) of section 
509(a), and 
‘‘(II) any organization which is 
treated as described in such para-
graph (2) by reason of the last sen-
tence of section 509(a) and which is a 
supported organization (as defined in 
section 509(f)(3)) of the organization 
to which subparagraph (A) applies.’’. 
(j) EFFECTIVE DATE.—The amendments made by 
this section shall take effect as if included in the provisions 
of the Pension Protection Act of 2006 to which they re-
late. 
SEC. 4. AMENDMENTS RELATED TO THE TAX INCREASE 
PREVENTION AND RECONCILIATION ACT OF 
2005. 
(a) AMENDMENTS RELATED TO SECTION 103 OF 
THE ACT.—Paragraph (6) of section 954(c) is amended 
by redesignating subparagraph (B) as subparagraph (C) 
and inserting after subparagraph (A) the following new 
subparagraph: 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS
(2)(A) Section 45H, as amended by paragraph 
(1), is amended by adding at the end the following 
new subsection: 
‘‘(g) ELECTION TO NOT TAKE CREDIT.—No credit 
shall be determined under subsection (a) for the taxable 
year if the taxpayer elects not to have subsection (a) apply 
to such taxable year.’’. 
(B) Subsection (m) of section 6501 is amended 
by inserting ‘‘45H(g),’’ after ‘‘45C(d)(4),’’. 
(3)(A) Subsections (b)(1)(A), (c)(2), (e)(1), and 
(e)(2) of section 45H (as amended by paragraph 
(1)) and section 179B(a) are each amended by strik-
ing ‘‘qualified capital costs’’ and inserting ‘‘qualified 
costs’’. 
(B) The heading of paragraph (2) of section 
45H(c) is amended by striking ‘‘CAPITAL’’. 
(C) Subsection (a) of section 179B is amended 
by inserting ‘‘and which are properly chargeable to 
capital account’’ before the period at the end. 
(c) AMENDMENTS RELATED TO SECTION 710 OF 
THE ACT.— 
(1) Clause (ii) of section 45(c)(3)(A) is amend-
ed by striking ‘‘which is segregated from other waste 
materials and’’. 
VerDate Aug 31 2005 
23:38 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00026
Fmt 6652
Sfmt 6201
E:\BILLS\H4195.IH
H4195
pwalker on PROD1PC71 with BILLS