added subpar. (F).
Subsec. (g)(1)(G). Pub. L. 115-97, § 13205(a), added subpar. (G).
Subsec. (g)(2)(C)(iii) to (v). Pub. L. 115-97, § 13204(a)(3)(C), added items (iii) to (v) in table and struck out former items (iii) and (iv) which related to nonresidential real and residential rental property and any railroad grading or tunnel bore or water utility property, respectively.
Subsec. (g)(3)(B). Pub. L. 115-97, § 13204(a)(3)(B), inserted table items relating to subpars. (D)(v) and (E)(iv) to (vi) and struck out table items relating to subpar. (E)(iv) to (ix).
Subsec. (g)(8). Pub. L. 115-97, § 13204(a)(3)(A)(ii), added par. (8).
Subsec. (i)(7)(B). Pub. L. 115-97, § 13504(b)(1), struck out concluding provisions which read as follows: "Subparagraph (A) shall not apply in the case of a termination of a partnership under section 708(b)(1)(B)."
Subsec. (k). Pub. L. 115-97, § 13201(b)(2)(B), struck out "acquired after December 31, 2007, and before January 1, 2020" after "property" in heading.
Subsec. (k)(1)(A). Pub. L. 115-97, § 13201(a)(1)(A), substituted "the applicable percentage" for "50 percent".
Subsec. (k)(2)(A)(i)(IV). Pub. L. 115-97, § 13201(g)(1), added subcl. (IV). Subcl. (IV) was added to cl. (i) after former subcl. (IV) was struck out by Pub. L. 115-97, § 13204(a)(4)(A), in view of directory language amending cl. (i) "as amended by section 13204". See below.
Pub. L. 115-97, § 13204(a)(4)(A), struck out subcl. (IV) which read as follows: "which is qualified improvement property,".
Subsec. (k)(2)(A)(i)(V). Pub. L. 115-97, § 13201(g)(1), added subcl. (V).
Subsec. (k)(2)(A)(ii). Pub. L. 115-97, § 13201(c)(1), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows: "the original use of which commences with the taxpayer, and".
Subsec. (k)(2)(A)(iii). Pub. L. 115-97, § 13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020".
Subsec. (k)(2)(B)(i)(II). Pub. L. 115-97, § 13201(b)(1)(A)(ii)(I), substituted "January 1, 2028" for "January 1, 2021".
Subsec. (k)(2)(B)(i)(III). Pub. L. 115-97, § 13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020".
Subsec. (k)(2)(B)(ii). Pub. L. 115-97, § 13201(b)(1)(A)(ii)(II), substituted "pre-January 1, 2027" for "pre-January 1, 2020" in heading.
Pub. L. 115-97, § 13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020".
Subsec. (k)(2)(E)(i). Pub. L. 115-97, § 13201(b)(1)(A)(i), substituted "January 1, 2027" for "January 1, 2020".
Subsec. (k)(2)(E)(ii). Pub. L. 115-97, § 13201(c)(2), amended cl. (ii) generally. Prior to amendment, text read as follows: "For purposes of clause (iii) and subparagraph (A)(ii), if property is -
"(I) originally placed in service by a person, and
"(II) sold and leased back by such person within 3 months after the date such property was originally placed in service,
such property shall be treated as originally placed in service not earlier than the date on which such property is used under the leaseback referred to in subclause (II)."
Subsec. (k)(2)(E)(iii)(I). Pub. L. 115-97, § 13201(c)(3), amended subcl. (I) generally. Prior to amendment subcl. (I) read as follows: "property is originally placed in service by the lessor of such property,".
Subsec. (k)(2)(F)(iii). Pub. L. 115-97, § 13201(f), substituted "acquired by the taxpayer before September 28, 2017, and placed in service by the taxpayer