SECTION 1. SHORT TITLE; AMENDMENT OF 1986 CODE; 
TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Tax Extenders Act of 2009’’. 
(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 
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 for 
this Act is as follows: 
Sec. 1. Short title; amendment of 1986 Code; table of contents. 
TITLE I—GENERAL PROVISIONS 
Subtitle A—Individual Tax Relief 
Sec. 101. Deduction of State and local sales taxes. 
Sec. 102. Additional standard deduction for State and local real property taxes. 
Sec. 103. Above-the-line deduction for qualified tuition and related expenses. 
Sec. 104. Deduction for certain expenses of elementary and secondary school 
teachers. 
Subtitle B—Business Tax Relief 
Sec. 111. Research credit. 
Sec. 112. Exceptions for active financing income. 
Sec. 113. Look-thru treatment of payments between related controlled foreign 
corporations under foreign personal holding company rules. 
Sec. 114. 15-year straight-line cost recovery for qualified leasehold improve-
ments, qualified restaurant buildings and improvements, and 
qualified retail improvements. 
Sec. 115. 7-year recovery period for motorsports entertainment complexes. 
Sec. 116. Railroad track maintenance credit. 
Sec. 117. Special expensing rules for certain film and television productions. 
Sec. 118. Expensing of environmental remediation costs. 
Sec. 119. Mine rescue team training credit. 
Sec. 120. Election to expense advanced mine safety equipment. 
Sec. 121. Employer wage credit for employees who are active duty members of 
the uniformed services. 
Sec. 122. 5-year depreciation for farming business machinery and equipment.
Sec. 123. Treatment of certain dividends and assets of regulated investment 
companies. 
Sec. 124. Look-thru of certain regulated investment company stock in deter-
mining gross estate of nonresidents. 
Sec. 125. RIC qualified investment entity treatment under FIRPTA. 
Sec. 126. Suspension of limitation on percentage depletion for oil and gas from 
marginal wells. 
Subtitle C—Charitable Provisions 
Sec. 131. Contributions of capital gain real property made for conservation pur-
poses. 
Sec. 132. Enhanced charitable deduction for contributions of food inventory. 
Sec. 133. Enhanced charitable deduction for contributions of book inventories 
to public schools. 
Sec. 134. Enhanced charitable deduction for corporate contributions of com-
puter technology and equipment for educational purposes. 
Sec. 135. Tax-free distributions from individual retirement plans for charitable 
purposes. 
Sec. 136. Modification of tax treatment of certain payments to controlling ex-
empt organizations. 
Sec. 137. Exclusion of gain or loss on sale or exchange of certain brownfield 
sites from unrelated business taxable income. 
Sec. 138. Basis adjustment to stock of S corporations making charitable con-
tributions of property. 
Subtitle D—Miscellaneous Provisions 
Sec. 141. Indian employment tax credit. 
Sec. 142. Accelerated depreciation for business property on an Indian reserva-
tion. 
Sec. 143. Deduction allowable with respect to income attributable to domestic 
production activities in Puerto Rico. 
Sec. 144. Temporary increase in limit on cover over of rum excise taxes to 
Puerto Rico and the Virgin Islands. 
Sec. 145. American Samoa economic development credit. 
TITLE II—COMMUNITY ASSISTANCE PROVISIONS 
Sec. 201. Empowerment zone tax incentives. 
Sec. 202. Renewal community tax incentives. 
Sec. 203. New markets tax credit. 
Sec. 204. Tax incentives for investment in the District of Columbia. 
Sec. 205. Tax incentives for New York Liberty Zone. 
Sec. 206. Tax incentives for the Gulf Opportunity Zone. 
Sec. 207. Election for refundable low-income housing credit for 2010. 
TITLE III—DISASTER RELIEF PROVISIONS 
Sec. 301. Deductibility of personal casualty losses attributable to federally de-
clared disasters. 
Sec. 302. Expensing of certain qualified disaster expenses. 
Sec. 303. 5-year carryback of net operating losses attributable to Federally de-
clared disasters. 
Sec. 304. Waiver of certain mortgage revenue bond requirements for residences 
located in Federally declared disaster areas.
Sec. 305. Expensing and special depreciation allowance for qualified disaster 
assistance property. 
TITLE IV—ENERGY PROVISIONS 
Sec. 401. Incentives for biodiesel and renewable diesel. 
Sec. 402. Alternative motor vehicle credit for heavy hybrids. 
Sec. 403. Alternative fuel credit for natural gas and liquified petroleum gas. 
Sec. 404. Special rule for sales or dispositions to implement FERC or State 
electric restructuring policy for qualified electric utilities. 
TITLE V—FOREIGN ACCOUNT TAX COMPLIANCE 
Subtitle A—Increased Disclosure of Beneficial Owners 
Sec. 501. Reporting on certain foreign accounts. 
Sec. 502. Repeal of certain foreign exceptions to registered bond requirements. 
Subtitle B—Under Reporting With Respect to Foreign Assets 
Sec. 511. Disclosure of information with respect to foreign financial assets. 
Sec. 512. Penalties for underpayments attributable to undisclosed foreign fi-
nancial assets. 
Sec. 513. Modification of statute of limitations for significant omission of in-
come in connection with foreign assets. 
Subtitle C—Other Disclosure Provisions 
Sec. 521. Reporting of activities with respect to passive foreign investment com-
panies. 
Sec. 522. Secretary permitted to require financial institutions to file certain re-
turns related to withholding on foreign transfers electronically. 
Subtitle D—Provisions Related to Foreign Trusts 
Sec. 531. Clarifications with respect to foreign trusts which are treated as hav-
ing a United States beneficiary. 
Sec. 532. Presumption that foreign trust has United States beneficiary. 
Sec. 533. Uncompensated use of trust property. 
Sec. 534. Reporting requirement of United States owners of foreign trusts. 
Sec. 535. Minimum penalty with respect to failure to report on certain foreign 
trusts. 
Subtitle E—Substitute Dividends and Dividend Equivalent Payments Received 
by Foreign Persons Treated as Dividends 
Sec. 541. Substitute dividends and dividend equivalent payments received by 
foreign persons treated as dividends. 
TITLE VI—OTHER REVENUE PROVISIONS 
Subtitle A—Partnership Interests Held by Partners Providing Services 
Sec. 601. Partnership interests transferred in connection with performance of 
services. 
Sec. 602. Income of partners for performing investment management services 
treated as ordinary income received for performance of serv-
ices.
Subtitle B—Time for Payment of Corporate Estimated Taxes 
Sec. 611. Time for payment of corporate estimated taxes. 
Subtitle C—Tax Expenditure Study 
Sec. 621. Findings. 
Sec. 622. Study of extended tax expenditures. 
TITLE I—GENERAL PROVISIONS 
Subtitle A—Individual Tax Relief 
SEC. 101. DEDUCTION OF STATE AND LOCAL SALES TAXES. 
(a) IN
GENERAL.—Subparagraph (I) of section 
164(b)(5) is amended by striking ‘‘January 1, 2010’’ and 
inserting ‘‘January 1, 2011’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2009. 
SEC. 102. ADDITIONAL STANDARD DEDUCTION FOR STATE 
AND LOCAL REAL PROPERTY TAXES. 
(a) IN GENERAL.—Subparagraph (C) of section 
63(c)(1) is amended by striking ‘‘or 2009’’ and inserting 
‘‘, 2009, or 2010’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2009. 
SEC. 103. ABOVE-THE-LINE DEDUCTION FOR QUALIFIED 
TUITION AND RELATED EXPENSES. 
(a) IN GENERAL.—Subsection (e) of section 222 is 
amended by striking ‘‘December 31, 2009’’ and inserting 
‘‘December 31, 2010’’.
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2009. 
SEC. 104. DEDUCTION FOR CERTAIN EXPENSES OF ELE-
MENTARY AND SECONDARY SCHOOL TEACH-
ERS. 
(a) IN GENERAL.—Subparagraph (D) of section 
62(a)(2) is amended by striking ‘‘or 2009’’ and inserting 
‘‘2009, or 2010’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2009. 
Subtitle B—Business Tax Relief 
SEC. 111. RESEARCH CREDIT. 
(a) IN GENERAL.—Subparagraph (B) of section 
41(h)(1) is amended by striking ‘‘December 31, 2009’’ 
and inserting ‘‘December 31, 2010’’. 
(b) CONFORMING AMENDMENT.—Subparagraph (D) 
of section 45C(b)(1) is amended by striking ‘‘December 
31, 2009’’ and inserting ‘‘December 31, 2010’’. 
(c) EFFECTIVE DATE.—The amendment made by 
this section shall apply to amounts paid or incurred after 
December 31, 2009.