Internal Revenue Code:(Sec. 50A, 50B. Repealed. Pub. L. 98-369, div. A, title IV, Sec. 474(m)(2), July 18, 1984, 98 Stat. 833)
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Location in Internal Revenue Code
TITLE 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter A - Determination of Tax Liability
PART IV - CREDITS AGAINST TAX
Subpart E - Rules for Computing Investment Credit
Statute
(Sec. 50A, 50B. Repealed. Pub. L. 98-369, div. A, title IV, Sec.
474(m)(2), July 18, 1984, 98 Stat. 833)
Miscellaneous
Section 50A, added Pub. L. 92-178, title VI, Sec. 601(b), Dec.
10, 1971, 85 Stat. 554; amended Pub. L. 93-406, title II, Sec.
2001(g)(2)(B), 2002(g)(2), 2005(c)(4), Sept. 2, 1974, 88 Stat. 957,
968, 991; Pub. L. 94-12, title IV, Sec. 401(a)(1), (2), Mar. 29,
1975, 89 Stat. 45; Pub. L. 94-401, Sec. 4(a), Sept. 7, 1976, 90
Stat. 1217; Pub. L. 94-455, title V, Sec. 503(b)(4), title XIX,
Sec. 1901(a)(6), (b)(1)(D), 1906(b)(13)(A), title XXI, Sec.
2107(a)(1)-(3), (b), (c), Oct. 4, 1976, 90 Stat. 1562, 1765, 1790,
1834, 1903, 1904; Pub. L. 95-600, title III, Sec. 322(a)-(c), Nov.
6, 1978, 92 Stat. 2836, 2837; Pub. L. 96-178, Sec. 6(c)(1), Jan. 2,
1980, 93 Stat. 1298; Pub. L. 96-222, title I, Sec. 103(a)(7)(D)(i),
Apr. 1, 1980, 94 Stat. 211; Pub. L. 97-34, title II, Sec.
207(c)(1), Aug. 13, 1981, 95 Stat. 225; Pub. L. 97-248, title I,
Sec. 265(b)(2)(A)(ii), Sept. 3, 1982, 96 Stat. 547; Pub. L. 97-354,
Sec. 5(a)(9), Oct. 19, 1982, 96 Stat. 1693, provided for a credit
for expenses of work incentive programs, for the determination of
the amount of that credit, and for the carryover and carryback of
unused credit.
Section 50B, added Pub. L. 92-178, title VI, Sec. 601(b), Dec.
10, 1971, 85 Stat. 556; amended Pub. L. 94-12, title III, Sec.
302(c)(4), title IV, Sec. 401(a)(3)-(5), Mar. 29, 1975, 89 Stat.
44, 46; Pub. L. 94-401, Sec. 4(b), Sept. 7, 1976, 90 Stat. 1218;
Pub. L. 94-455, title XIX, Sec. 1906(b)(13)(A), title XXI, Sec.
2107(a)(4), (d)-(f), Oct. 4, 1976, 90 Stat. 1834, 1903, 1904; Pub.
L. 95-171, Sec. 1(e), Nov. 12, 1977, 91 Stat. 1353; Pub. L. 95-600,
title III, Sec. 322(d), Nov. 6, 1978, 92 Stat. 2837; Pub. L.
96-178, Sec. 3(a)(1), (3), 6(c)(2), (3), Jan. 2, 1980, 93 Stat.
1295, 1298; Pub. L. 96-222, title I, Sec. 103(a)(5), (7)(C),
(D)(ii), (iii), Apr. 1, 1980, 94 Stat. 209, 211; Pub. L. 96-272,
title II, Sec. 208(b)(1), (2), June 17, 1980, 94 Stat. 526, 527;
Pub. L. 97-34, title II, Sec. 261(b)(2)(B)(i), Aug. 13, 1981, 95
Stat. 261; Pub. L. 97-354, Sec. 5(a)(10), Oct. 19, 1982, 96 Stat.
1693; Pub. L. 101-239, title VII, Sec. 7644, Dec. 19, 1989, 103
Stat. 2381, provided for the definition of terms related to the
expenses of work incentive programs, limitations on such expenses,
and special rules to be applied in connection with the computation
of the credit.
Subsequent to repeal, Pub. L. 101-239, title VII, Sec. 7644(a),
Dec. 19, 1989, 103 Stat. 2381, provided that:
''(a) In General. - So much of subparagraph (A) of section
50B(h)(1) of the Internal Revenue Code of 1954 (as in effect for
taxable years beginning before January 1, 1982) as precedes clause
(i) thereof is amended to read as follows:
'' '(A) who has been certified (or for whom a written request
for certification has been made) on or before the day the
individual began work for the taxpayer by the Secretary of Labor
or by the appropriate agency of State or local government as - '.
''(b) Effective Date. - The amendment made by subsection (a)
shall apply for purposes of credits first claimed after March 11,
1987.''
EFFECTIVE DATE OF REPEAL
Repeal applicable to taxable years beginning after Dec. 31, 1983,
and to carrybacks from such years, see section 475(a) of Pub. L.
98-369, set out as an Effective Date of 1984 Amendment note under
section 21 of this title.
