124 STAT. 3324 PUBLIC LAW 111–312—DEC. 17, 2010 SEC. 764. TAX-EXEMPT BOND FINANCING. (a) IN GENERAL.—Paragraphs (2)(D) and (7)(C) of section 1400N(a) are each amended by striking ‘‘January 1, 2011’’ and inserting ‘‘January 1, 2012’’. (b) CONFORMING AMENDMENTS.—Sections 702(d)(1) and 704(a) of the Heartland Disaster Tax Relief Act of 2008 are each amended by striking ‘‘January 1, 2011’’ each place it appears and inserting ‘‘January 1, 2012’’. SEC. 765. BONUS DEPRECIATION DEDUCTION APPLICABLE TO THE GO ZONE. (a) IN GENERAL.—Paragraph (6) of section 1400N(d) is amended— (1) by striking ‘‘December 31, 2010’’ both places it appears in subparagraph (B) and inserting ‘‘December 31, 2011’’, and (2) by striking ‘‘January 1, 2010’’ in the heading and the text of subparagraph (D) and inserting ‘‘January 1, 2012’’. (b) EFFECTIVE DATE.—The amendment made by this section shall apply to property placed in service after December 31, 2009. TITLE VIII—BUDGETARY PROVISIONS SEC. 801. DETERMINATION OF BUDGETARY EFFECTS. The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this Act, jointly submitted for printing in the Congressional Record by the Chairmen of the House and Senate Budget Committees, provided that such statement has been submitted prior to the vote on passage in the House acting first on this conference report or amendment between the Houses. SEC. 802. EMERGENCY DESIGNATIONS. (a) STATUTORY PAYGO.—This Act is designated as an emergency requirement pursuant to section 4(g) of the Statutory Pay-As-You- Go Act of 2010 (Public Law 111–139; 2 U.S.C. 933(g)) except to the extent that the budgetary effects of this Act are determined to be subject to the current policy adjustments under sections 4(c) and 7 of the Statutory Pay-As-You-Go Act. (b) SENATE.—In the Senate, this Act is designated as an emer- gency requirement pursuant to section 403(a) of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010. 26 USC 1400N. 26 USC 1400N.
