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26 U.S.C. § 1397A

Title 26 Chapter 1 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 1397A. Increase in expensing under section 179

  • (a) In the case of an enterprise zone business, for purposes of section 179—
    • (1) the limitation under section 179(b)(1) shall be increased by the lesser of—
      • (A) $35,000, or
      • (B) the cost of section 179 property which is qualified zone property placed in service during the taxable year, and
    • (2) the amount taken into account under section 179(b)(2) with respect to any section 179 property which is qualified zone property shall be 50 percent of the cost thereof.
  • (b) Rules similar to the rules under section 179(d)(10) shall apply with respect to any qualified zone property which ceases to be used in an empowerment zone by an enterprise zone business.

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