organization."
Subsec. (f)(2)(B). Pub. L. 105-34, § 225(a)(1), struck out "or" at end.
Subsec. (f)(3). Pub. L. 105-34, § 225(a)(2), added par. (3).
1996 - Subsec. (d)(9)(A). Pub. L. 104-188 substituted "paragraph (3)(C)" for "paragraph (3)(B)".
1993 - Subsec. (a)(1)(D). Pub. L. 103-66, § 13150(a), added subpar. (D).
Subsec. (a)(2)(A). Pub. L. 103-66, § 13150(c)(1), substituted ", (C), and (D)" for "and (C)".
Subsec. (a)(2)(B). Pub. L. 103-66, § 13150(c)(2), amended heading and text of subpar. (B) generally. Prior to amendment, text read as follows: "Subparagraph (C) of paragraph (1) shall not apply to a discharge to the extent the taxpayer is insolvent."
Subsec. (b)(2)(C) to (E). Pub. L. 103-66, § 13226(b)(1), added subpar. (C) and redesignated former subpars. (C) and (D) as (D) and (E), respectively. Former subpar. (E) redesignated (F).
Subsec. (b)(2)(F). Pub. L. 103-66, § 13226(b)(2), added subpar. (F). Former subpar. (F) redesignated (G).
Pub. L. 103-66, § 13226(b)(1), redesignated subpar. (E) as (F).
Subsec. (b)(2)(G). Pub. L. 103-66, § 13226(b)(2), redesignated subpar. (F) as (G).
Subsec. (b)(3)(B). Pub. L. 103-66, § 13226(b)(3)(A), amended heading and text of subpar. (B) generally. Prior to amendment, text read as follows: "The reductions described in subparagraphs (B) and (E) of paragraph (2) shall be 331⁄3 cents for each dollar excluded by subsection (a)."
Subsec. (b)(4)(B). Pub. L. 103-66, § 13226(b)(3)(B), substituted "(D)" for "(C)" in heading and text.
Subsec. (b)(4)(C). Pub. L. 103-66, § 13226(b)(3)(C), substituted "(G)" for "(E)" in heading and text.
Subsec. (c). Pub. L. 103-66, § 13150(b), added subsec. (c).
Subsec. (d). Pub. L. 103-66, § 13150(c)(3)(B), substituted "certain provisions" for "subsections (a), (b) and (g)" in heading.
Subsec. (d)(6), (7)(A). Pub. L. 103-66, § 13150(c)(3)(A), (C), substituted "Certain provisions" for "Subsections (a), (b) and (g)" in heading and "subsections (a), (b), (c), and (g)" for "subsections (a), (b), and (g)" in text.
Subsec. (d)(7)(B). Pub. L. 103-66, § 13150(c)(4), inserted at end "The preceding sentence shall not apply to any discharge to the extent that subsection (a)(1)(D) applies to such discharge."
Subsec. (d)(9)(A). Pub. L. 103-66, § 13150(c)(5), inserted "or under paragraph (3)(B) of subsection (c)" after "subsection (b)".
Subsec. (e)(6). Pub. L. 103-66, § 13226(a)(2)(B), substituted "Except as provided in regulations, for" for "For".
Subsec. (e)(8). Pub. L. 103-66, § 13226(a)(1)(B), amended heading and text of par. (8) generally. Prior to amendment, text read as follows: "For purposes of determining income of the debtor from discharge of indebtedness, the stock for debt exception shall not apply -
"(A) to the issuance of nominal or token shares, or
"(B) with respect to an unsecured creditor, where the ratio of the value of the stock received by such unsecured creditor to the amount of his indebtedness cancelled or exchanged for stock in the workout is less than 50 percent of a similar ratio computed for all unsecured creditors participating in the workout.
Any stock which is disqualified stock (as defined in paragraph (10)(B)(ii)) shall not be treated as stock for purposes of this paragraph."
Subsec. (e)(10), (11). Pub. L. 103-66, § 13226(a)(1)(A),