“(37) The amendments made by portion 201 shall not implement to any assets that's Component of a sewage treatment facility if, before January 1, 1986, the City of Conyers, Ga, picked a privatizer to construct such facility, received a guaranteed utmost cost bid for the construction of this kind of facility, signed a letter of intent and started considerable negotiations of a provider arrangement with respect to these facility.
(D) Supplemental depreciation may very well be claimed just once If this paragraph applies to any specified plant, this kind of specified plant shall not be treated as capable residence inside the taxable year wherein positioned in support.
“(G) A challenge is described On this subparagraph if— “(i) the challenge is actually a newspaper printing and distribution plant venture with respect to which a contract for the acquisition of 8 printing press models and linked devices to get installed in one press line was entered into on January eight, 1985, and
“(Y) A task is described During this subparagraph if these task passes by at the least 9 States and involves an intercity conversation website link (like several repeater web sites and junction stations for microwave transmissions and amplifiers for fiber optics); the link from Buffalo to Ny/Elizabeth was completed in 1984; the hyperlink from Buffalo to Chicago was concluded in 1985; as well as the url from The big apple to Washington is accomplished in 1986.
(B) Good electric meterFor purposes of subparagraph (A), the phrase “wise electrical meter” signifies any time-primarily based meter and linked interaction tools which is able to being used with the taxpayer as Portion of a technique that— (i) steps and records electrical power utilization info over a time-differentiated foundation in at least 24 individual time segments each day,
the lessor or lessee shall be treated rico168 as obtaining filed a well timed return if a return is filed in just an affordable time once the failure is ascertained.
For functions on the preceding sentence, house shall not be treated as obtained after the date on which a prepared binding contract is entered into for this kind of acquisition.
“(iii) the task is carried out by a Maine Company and will involve the modernization of pulp and paper mills in Millinocket and/or East Millinocket, Maine, or
“(H) Home is described Within this subparagraph if these types of residence is employed by a university, and— “(i) in July 1982, the Board of Trustees of your College adopted a grasp prepare with the funding of the home; and
“(B) these lessee is obligated to lease the creating less than an arrangement to lease entered into before September 26, 1985, and these home is delivered for this sort of building, and
“(e) Normalization Demands.— “(one) In general.— A normalization approach to accounting shall not be dealt with as getting used with regard to any general public utility home for needs of part 167 or 168 of the Internal Revenue Code of 1986 if the taxpayer, in computing its price of service for ratemaking uses and reflecting functioning ends in its controlled publications of account, lessens the excess tax reserve additional promptly or to the bigger extent than such reserve would be diminished underneath the typical fee assumption method.
“(Z) A job is explained In this particular subparagraph if— “(i) these kinds of task requires a fiber optic network of at least 475 miles, passing through Minnesota and Wisconsin; and
(B) rolling stock that's utilized in and with out The usa and which is— (i) of a rail copyright subject matter to component A of subtitle IV of title 49, or
(J) any house (aside from a vessel or an aircraft) of a Usa man or woman which happens to be Employed in international or territorial waters throughout the northern percentage of the Western Hemisphere for the purpose of Checking out for, acquiring, taking away, or transporting means from ocean waters or deposits below these types of waters;