100 STAT. 2856
PUBLIC LAW 99-514—OCT. 22, 1986
SEC. 1845. AMENDMENT RELATED TO SECTION 452 OF THE ACT.
Section 456 of the Tax Reform Act of 1984 is amended by adding at the end thereof the following new subsection: "(d) SECTION 452.—The amendment made by section 452 shall apply to products manufactured or produced after October 31, 1984." SEC. 1846. AMENDMENTS RELATED TO SECTION 473 OF THE ACT.
Subsection (d) of section 39 (relating to transitional rules) is amended— (1) by striking out "or 44G" in paragraph (1)(A) and inserting in lieu thereof "or 44G (as in effect before the enactment of the Tax Reform Act of 1984)", and (2) by striking out "as so defined in section 25(b)" in paragraph (2)(B) and inserting in lieu thereof "as defined in section 26(b)". SEC. 1847. AMENDMENTS RELATED TO SECTION 474 OF THE ACT. (a) MINIMUM TAX AMENDMENTS.—
(1) Subparagraph (A) of section 55(c)(3) (relating to carryover and carryback of certain credits) is amended by striking out "of such limitation" and inserting in lieu thereof "of such credit allowable". (2) Effective with respect to taxable years beginning after December 31, 1982, clause (i) of section 55(c)(2)(E) (relating to special rule for applying section 904(c)) is amended to read as follows: "(i) the limitation of section 904(a) shall be deemed to be the amount of foreign tax credit allowable under section 27(a) in computing the regular tax for the taxable year increased by the amount of the limitation determined under subparagraph (C), and". (b) CLERICAL AMENDMENTS.—
(1) The clause heading for clause (iii) of section 3O0b)(2)(D) is amended by striking out "NEW JOBS OR WIN CREDIT" and insert-
ing in lieu thereof "TARGETED JOBS CREDIT". (2) Paragraph (1) of section 86(f) is amended by striking out "section 37(c)(3)(A)" and inserting in lieu thereof "section 22(c)(3)(A)". (3) Subparagraph (C) of section 151(e)(5) is amended by striking out section 37(e)" and inserting in lieu thereof section 22(e)". (4) Clause (i) of section 415(c)(3)(C) is amended by striking out "section 37(e)(3)" and inserting in lieu thereof "section 22(e)(3)". (5) Paragraph (9) of section 422A(c) is amended by striking out "section 37(e)(3)" and inserting in lieu thereof "section 22(e)(3)". (6) Paragraph (5) of section 48(1) is amended— (A) by striking out "section 44C(c)" and inserting in lieu thereof "section 23(c)", and (B) by striking out "section 44C(c)(4)(A)(viii)" and inserting in lieu thereof "section 23(c)(4)(A)(viii)". (7) Subparagraph (E) of section 108(b)(2) is amended by striking out "section 33" and inserting in lieu thereof "section 27". (8) Subsection (b) of section 280C is amended— (A) by striking out "section 29" each place it appears and inserting in lieu thereof "section 28", and (B) by striking out "section 29(b)" and inserting in lieu thereof "section 280i))".
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