4036, 4042; Pub. L. 115-97, title I, §§ 11002(d)(8), 13202(a), (b), Dec. 22, 2017, 131 Stat. 2061, 2108, 2109.)
Inflation Adjusted Items for Certain Calendar YearsFor inflation adjustment of certain items in this section, see Revenue Procedures listed in a table below.
Amendments2017 - Subsec. (a)(1)(A)(i). Pub. L. 115-97, § 13202(a)(1)(A), substituted "$10,000" for "$2,560".
Subsec. (a)(1)(A)(ii). Pub. L. 115-97, § 13202(a)(1)(B), substituted "$16,000" for "$4,100".
Subsec. (a)(1)(A)(iii). Pub. L. 115-97, § 13202(a)(1)(C), substituted "$9,600" for "$2,450".
Subsec. (a)(1)(A)(iv). Pub. L. 115-97, § 13202(a)(1)(D), substituted "$5,760" for "$1,475".
Subsec. (a)(1)(B)(ii). Pub. L. 115-97, § 13202(a)(2)(A), substituted "$5,760" for "$1,475" in heading and text.
Subsec. (d)(4)(A)(iv), (v). Pub. L. 115-97, § 13202(b)(1), redesignated cl. (v) as (iv) and struck out former cl. (iv) which read as follows: "any computer or peripheral equipment (as defined in section 168(i)(2)(B)), 'and' ".
Subsec. (d)(4)(B), (C). Pub. L. 115-97, § 13202(b)(2), redesignated subpar. (C) as (B) and struck out former subpar. (B). Prior to amendment, text of subpar. (B) read as follows: "The term 'listed property' shall not include any computer or peripheral equipment (as so defined) used exclusively at a regular business establishment and owned or leased by the person operating such establishment. For purposes of the preceding sentence, any portion of a dwelling unit shall be treated as a regular business establishment if (and only if) the requirements of section 280A(c)(1) are met with respect to such portion."
Subsec. (d)(7)(A). Pub. L. 115-97, § 13202(a)(2)(B)(i), substituted "2018" for "1988".
Subsec. (d)(7)(B). Pub. L. 115-97, § 11002(d)(8), amended subpar. (B) generally. Prior to amendment, subpar. (B) related to automobile price inflation adjustment.
Subsec. (d)(7)(B)(i)(II). Pub. L. 115-97, § 13202(a)(2)(B)(ii), substituted "2017" for "1987".
2014 - Subsec. (a)(1)(C). Pub. L. 113-295, § 221(a)(34)(E), struck out subpar. (C) which related to special rules for certain automobiles modified to be propelled by a clean burning fuel and for purpose built passenger vehicles that were placed in service between Aug. 5, 1997, and Jan. 1, 2007.
Subsec. (d)(8), (10). Pub. L. 113-295, § 220(j), substituted "subsection (a)(1)" for "subsection (a)(2)".
2010 - Subsec. (d)(4)(A). Pub. L. 111-240 inserted " 'and' " at end of clause (iv), redesignated clause (vi) as (v), and struck out former cl. (v) which read as follows: "any cellular telephone (or other similar telecommunications equipment), and".
2002 - Subsec. (a)(1)(C)(iii). Pub. L. 107-147 added cl. (iii).
1998 - Subsec. (a)(1)(C)(ii). Pub. L. 105-206 substituted "subparagraphs (A) and (B)" for "subparagraph (A)".
1997 - Subsec. (a)(1)(C). Pub. L. 105-34 added subpar. (C).
1996 - Subsec. (a). Pub. L. 104-188 struck out "investment tax credit and" after "amount of" in heading.
1990 - Pub. L. 101-508, § 11813(b)(13)(E), struck out "investment tax credit and" after "Limitation on" in section catchline.
Subsec. (a)(1). Pub. L. 101-508, § 11813(b)(13)(A)(i), redesignated par. (2) as (1) and struck out former par. (1) "Investment tax credit" which read as follows: "The amount of the credit determined under section 46(a) for any passenger automobile shall not exceed $675."
Subsec. (a)(2). Pub. L. 101-508, § 11813(b)(13)(A)(i), redesignated par. (3) as (2). Former par. (2) redesignated (1).
Subsec. (a)(2)(B). Pub.