H. R. 5771 
One Hundred Thirteenth Congress 
of the 
United States of America 
AT THE SECOND SESSION 
Begun and held at the City of Washington on Friday, 
the third day of January, two thousand and fourteen 
An Act 
To amend the Internal Revenue Code of 1986 to extend certain expiring provisions 
and make technical corrections, to amend the Internal Revenue Code of 1986 
to provide for the tax treatment of ABLE accounts established under State pro-
grams for the care of family members with disabilities, and for other purposes. 
Be it enacted by the Senate and House of Representatives of 
the United States of America in Congress assembled, 
DIVISION A—TAX INCREASE 
PREVENTION ACT OF 2014 
SECTION 1. SHORT TITLE, ETC. 
(a) SHORT TITLE.—This division may be cited as the ‘‘Tax 
Increase Prevention Act of 2014’’. 
(b) AMENDMENT OF 1986 CODE.—Except as otherwise expressly 
provided, whenever in this Act an amendment 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 provision of the Internal Revenue Code of 1986. 
(c) TABLE OF CONTENTS.—The table of contents for this Act 
is as follows: 
DIVISION A—TAX INCREASE PREVENTION ACT OF 2014 
Sec. 1. Short title, etc. 
TITLE I—CERTAIN EXPIRING PROVISIONS 
Subtitle A—Individual Tax Extenders 
Sec. 101. Extension of deduction for certain expenses of elementary and secondary 
school teachers. 
Sec. 102. Extension of exclusion from gross income of discharge of qualified prin-
cipal residence indebtedness. 
Sec. 103. Extension of parity for employer-provided mass transit and parking bene-
fits. 
Sec. 104. Extension of mortgage insurance premiums treated as qualified residence 
interest. 
Sec. 105. Extension of deduction of State and local general sales taxes. 
Sec. 106. Extension of special rule for contributions of capital gain real property 
made for conservation purposes. 
Sec. 107. Extension of above-the-line deduction for qualified tuition and related ex-
penses. 
Sec. 108. Extension of tax-free distributions from individual retirement plans for 
charitable purposes. 
Subtitle B—Business Tax Extenders 
Sec. 111. Extension of research credit. 
Sec. 112. Extension of temporary minimum low-income housing tax credit rate for 
non-federally subsidized buildings. 
Sec. 113. Extension of military housing allowance exclusion for determining wheth-
er a tenant in certain counties is low-income.
H. R. 5771—2 
Sec. 114. Extension of Indian employment tax credit. 
Sec. 115. Extension of new markets tax credit. 
Sec. 116. Extension of railroad track maintenance credit. 
Sec. 117. Extension of mine rescue team training credit. 
Sec. 118. Extension of employer wage credit for employees who are active duty 
members of the uniformed services. 
Sec. 119. Extension of work opportunity tax credit. 
Sec. 120. Extension of qualified zone academy bonds. 
Sec. 121. Extension of classification of certain race horses as 3-year property. 
Sec. 122. Extension of 15-year straight-line cost recovery for qualified leasehold im-
provements, qualified restaurant buildings and improvements, and 
qualified retail improvements. 
Sec. 123. Extension of 7-year recovery period for motorsports entertainment com-
plexes. 
Sec. 124. Extension of accelerated depreciation for business property on an Indian 
reservation. 
Sec. 125. Extension of bonus depreciation. 
Sec. 126. Extension of enhanced charitable deduction for contributions of food in-
ventory. 
Sec. 127. Extension of increased expensing limitations and treatment of certain 
real property as section 179 property. 
Sec. 128. Extension of election to expense mine safety equipment. 
Sec. 129. Extension of special expensing rules for certain film and television pro-
ductions. 
Sec. 130. Extension of deduction allowable with respect to income attributable to 
domestic production activities in Puerto Rico. 
Sec. 131. Extension of modification of tax treatment of certain payments to control-
ling exempt organizations. 
Sec. 132. Extension of treatment of certain dividends of regulated investment com-
panies. 
Sec. 133. Extension of RIC qualified investment entity treatment under FIRPTA. 
Sec. 134. Extension of subpart F exception for active financing income. 
Sec. 135. Extension of look-thru treatment of payments between related controlled 
foreign corporations under foreign personal holding company rules. 
Sec. 136. Extension of temporary exclusion of 100 percent of gain on certain small 
business stock. 
Sec. 137. Extension of basis adjustment to stock of S corporations making chari-
table contributions of property. 
Sec. 138. Extension of reduction in S-corporation recognition period for built-in 
gains tax. 
Sec. 139. Extension of empowerment zone tax incentives. 
Sec. 140. Extension of temporary increase in limit on cover over of rum excise taxes 
to Puerto Rico and the Virgin Islands. 
Sec. 141. Extension of American Samoa economic development credit. 
Subtitle C—Energy Tax Extenders 
Sec. 151. Extension of credit for nonbusiness energy property. 
Sec. 152. Extension of second generation biofuel producer credit. 
Sec. 153. Extension of incentives for biodiesel and renewable diesel. 
Sec. 154. Extension of production credit for Indian coal facilities placed in service 
before 2009. 
Sec. 155. Extension of credits with respect to facilities producing energy from cer-
tain renewable resources. 
Sec. 156. Extension of credit for energy-efficient new homes. 
Sec. 157. Extension of special allowance for second generation biofuel plant prop-
erty. 
Sec. 158. Extension of energy efficient commercial buildings deduction. 
Sec. 159. Extension of special rule for sales or dispositions to implement FERC or 
State electric restructuring policy for qualified electric utilities. 
Sec. 160. Extension of excise tax credits relating to certain fuels. 
Sec. 161. Extension of credit for alternative fuel vehicle refueling property. 
Subtitle D—Extenders Relating to Multiemployer Defined Benefit Pension Plans 
Sec. 171. Extension of automatic extension of amortization periods. 
Sec. 172. Extension of shortfall funding method and endangered and critical rules. 
TITLE II—TECHNICAL CORRECTIONS 
Sec. 201. Short title. 
Sec. 202. Amendments relating to American Taxpayer Relief Act of 2012. 
Sec. 203. Amendment relating to Middle Class Tax Relief and Job Creation Act of 
2012.