American Recovery and Reinvestment Act of 2009/Division B/Title I

SEC. 1000. SHORT TITLE, ETC.

 * (a) Short Title.—
 * This title may be cited as the ``American Recovery and Reinvestment Tax Act of 2009´´.
 * (b) Reference.—
 * Except as otherwise expressly provided, whenever in this title an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.
 * (c) Table of Contents.—
 * The table of contents for this title is as follows:


 * TITLE I—TAX PROVISIONS
 * Sec. 1000. Short title, etc.
 * Subtitle A—Tax Relief for Individuals and Families
 * Part I—General Tax Relief
 * Sec. 1001. Making work pay credit.
 * Sec. 1002. Temporary increase in earned income tax credit.
 * Sec. 1003. Temporary increase of refundable portion of child credit.
 * Sec. 1004. American opportunity tax credit.
 * Sec. 1005. Computer technology and equipment allowed as a qualified higher education expense for section 529 accounts in 2009 and 2010.
 * Sec. 1006. Extension of and increase in first-time homebuyer credit; waiver of requirement to repay.
 * Sec. 1007. Suspension of tax on portion of unemployment compensation.
 * Sec. 1008. Additional deduction for State sales tax and excise tax on the purchase of certain motor vehicles.
 * Part II—Alternative Minimum Tax Relief
 * Sec. 1011. Extension of alternative minimum tax relief for nonrefundable personal credits.
 * Sec. 1012. Extension of increased alternative minimum tax exemption amount.
 * Subtitle B—Energy Incentives
 * Part I—Renewable Energy Incentives
 * Sec. 1101. Extension of credit for electricity produced from certain renewable resources.
 * Sec. 1102. Election of investment credit in lieu of production credit.
 * Sec. 1103. Repeal of certain limitations on credit for renewable energy property.
 * Sec. 1104. Coordination with renewable energy grants.
 * Part II—Increased Allocations of New Clean Renewable Energy Bonds and Qualified Energy Conservation Bonds
 * Sec. 1111. Increased limitation on issuance of new clean renewable energy bonds.
 * Sec. 1112. Increased limitation on issuance of qualified energy conservation bonds.
 * Part III—Energy Conservation Incentives
 * Sec. 1121. Extension and modification of credit for nonbusiness energy property.
 * Sec. 1122. Modification of credit for residential energy efficient property.
 * Sec. 1123. Temporary increase in credit for alternative fuel vehicle refueling property.
 * Part IV—Modification of Credit for Carbon Dioxide Sequestration
 * Sec. 1131. Application of monitoring requirements to carbon dioxide used as a tertiary injectant.
 * Part V—Plug-in Electric Drive Motor Vehicles
 * Sec. 1141. Credit for new qualified plug-in electric drive motor vehicles.
 * Sec. 1142. Credit for certain plug-in electric vehicles.
 * Sec. 1143. Conversion kits.
 * Sec. 1144. Treatment of alternative motor vehicle credit as a personal credit allowed against AMT.
 * Part VI—Parity for Transportation Fringe Benefits
 * Sec. 1151. Increased exclusion amount for commuter transit benefits and transit passes.
 * Subtitle C—Tax Incentives for Business
 * Part I—Temporary Investment Incentives
 * Sec. 1201. Special allowance for certain property acquired during 2009.
 * Sec. 1202. Temporary increase in limitations on expensing of certain depreciable business assets.
 * Part II—Small Business Provisions
 * Sec. 1211. 5-year carryback of operating losses of small businesses.
 * Sec. 1212. Decreased required estimated tax payments in 2009 for certain small businesses.
 * Part III—Incentives for New Jobs
 * Sec. 1221. Incentives to hire unemployed veterans and disconnected youth.
 * Part IV—Rules Relating to Debt Instruments
 * Sec. 1231. Deferral and ratable inclusion of income arising from business indebtedness discharged by the reacquisition of a debt instrument.
 * Sec. 1232. Modifications of rules for original issue discount on certain high yield obligations.
 * Part V—Qualified Small Business Stock
 * Sec. 1241. Special rules applicable to qualified small business stock for 2009 and 2010.
 * Part VI—S Corporations
 * Sec. 1251. Temporary reduction in recognition period for built-in gains tax.
 * Part VII—Rules Relating to Ownership Changes
 * Sec. 1261. Clarification of regulations related to limitations on certain built-in losses following an ownership change.
 * Sec. 1262. Treatment of certain ownership changes for purposes of limitations on net operating loss carryforwards and certain built-in losses.
 * Subtitle D—Manufacturing Recovery Provisions
 * Sec. 1301. Temporary expansion of availability of industrial development bonds to facilities manufacturing intangible property.
 * Sec. 1302. Credit for investment in advanced energy facilities.
 * Subtitle E—Economic Recovery Tools
 * Sec. 1401. Recovery zone bonds.
 * Sec. 1402. Tribal economic development bonds.
 * Sec. 1403. Increase in new markets tax credit.
 * Sec. 1404. Coordination of low-income housing credit and low-income housing grants.
 * Subtitle F—Infrastructure Financing Tools
 * Part I—Improved Marketability for Tax-Exempt Bonds
 * Sec. 1501. De minimis safe harbor exception for tax-exempt interest expense of financial institutions.
 * Sec. 1502. Modification of small issuer exception to tax-exempt interest expense allocation rules for financial institutions.
 * Sec. 1503. Temporary modification of alternative minimum tax limitations on tax-exempt bonds.
 * Sec. 1504. Modification to high speed intercity rail facility bonds.
 * Part II—Delay in Application of Withholding Tax on Government Contractors
 * Sec. 1511. Delay in application of withholding tax on government contractors.
 * Part III—Tax Credit Bonds for Schools
 * Sec. 1521. Qualified school construction bonds.
 * Sec. 1522. Extension and expansion of qualified zone academy bonds.
 * Part IV—Build America Bonds
 * Sec. 1531. Build America bonds.
 * Part V—Regulated Investment Companies Allowed to Pass-Thru Tax Credit Bond Credits
 * Sec. 1541. Regulated investment companies allowed to pass-thru tax credit bond credits.
 * Subtitle G—Other Provisions
 * Sec. 1601. Application of certain labor standards to projects financed with certain tax-favored bonds.
 * Sec. 1602. Grants to States for low-income housing projects in lieu of low-income housing credit allocations for 2009.
 * Sec. 1603. Grants for specified energy property in lieu of tax credits.
 * Sec. 1604. Increase in public debt limit.
 * Subtitle H—Prohibition on Collection of Certain Payments Made Under the Continued Dumping and Subsidy Offset Act of 2000
 * Sec. 1701. Prohibition on collection of certain payments made under the Continued Dumping and Subsidy Offset Act of 2000.
 * Subtitle I—Trade Adjustment Assistance
 * Sec. 1800. Short title.
 * Part I—Trade Adjustment Assistance for Workers
 * Subpart a—trade adjustment assistance for service sector workers
 * Sec. 1801. Extension of trade adjustment assistance to service sector and public agency workers; shifts in production.
 * Sec. 1802. Separate basis for certification.
 * Sec. 1803. Determinations by Secretary of Labor.
 * Sec. 1804. Monitoring and reporting relating to service sector.
 * Subpart b—industry notifications following certain affirmative determinations
 * Sec. 1811. Notifications following certain affirmative determinations.
 * Sec. 1812. Notification to Secretary of Commerce.
 * Subpart c—program benefits
 * Sec. 1821. Qualifying Requirements for Workers.
 * Sec. 1822. Weekly amounts.
 * Sec. 1823. Limitations on trade readjustment allowances; allowances for extended training and breaks in training.
 * Sec. 1824. Special rules for calculation of eligibility period.
 * Sec. 1825. Application of State laws and regulations on good cause for waiver of time limits or late filing of claims.
 * Sec. 1826. Employment and case management services.
 * Sec. 1827. Administrative expenses and employment and case management services.
 * Sec. 1828. Training funding.
 * Sec. 1829. Prerequisite education; approved training programs.
 * Sec. 1830. Pre-layoff and part-time training.
 * Sec. 1831. On-the-job training.
 * Sec. 1832. Eligibility for unemployment insurance and program benefits while in training.
 * Sec. 1833. Job search and relocation allowances.
 * Subpart d—reemployment trade adjustment assistance program
 * Sec. 1841. Reemployment trade adjustment assistance program.
 * Subpart e—other matters
 * Sec. 1851. Office of Trade Adjustment Assistance.
 * Sec. 1852. Accountability of State agencies; collection and publication of program data; agreements with States.
 * Sec. 1853. Verification of eligibility for program benefits.
 * Sec. 1854. Collection of data and reports; information to workers.
 * Sec. 1855. Fraud and recovery of overpayments.
 * Sec. 1856. Sense of Congress on application of trade adjustment assistance.
 * Sec. 1857. Consultations in promulgation of regulations.
 * Sec. 1858. Technical corrections.
 * Part II—Trade Adjustment Assistance for Firms
 * Sec. 1861. Expansion to service sector firms.
 * Sec. 1862. Modification of requirements for certification.
 * Sec. 1863. Basis for determinations.
 * Sec. 1864. Oversight and administration; authorization of appropriations.
 * Sec. 1865. Increased penalties for false statements.
 * Sec. 1866. Annual report on trade adjustment assistance for firms.
 * Sec. 1867. Technical corrections.
 * Part III—Trade Adjustment Assistance for Communities
 * Sec. 1871. Purpose.
 * Sec. 1872. Trade adjustment assistance for communities.
 * Sec. 1873. Conforming amendments.
 * Part IV—Trade Adjustment Assistance for Farmers
 * Sec. 1881. Definitions.
 * Sec. 1882. Eligibility.
 * Sec. 1883. Benefits.
 * Sec. 1884. Report.
 * Sec. 1885. Fraud and recovery of overpayments.
 * Sec. 1886. Determination of increases of imports for certain fishermen.
 * Sec. 1887. Extension of trade adjustment assistance for farmers.
 * Part V—General Provisions
 * Sec. 1891. Effective date.
 * Sec. 1892. Extension of trade adjustment assistance programs.
 * Sec. 1893. Termination; related provisions.
 * Sec. 1894. Government Accountability Office report.
 * Sec. 1895. Emergency designation.
 * Part VI—Health Coverage Improvement
 * Sec. 1899. Short title.
 * Sec. 1899A. Improvement of the affordability of the credit.
 * Sec. 1899B. Payment for monthly premiums paid prior to commencement of advance payments of credit.
 * Sec. 1899C. TAA recipients not enrolled in training programs eligible for credit.
 * Sec. 1899D. TAA pre-certification period rule for purposes of determining whether there is a 63-day lapse in creditable coverage.
 * Sec. 1899E. Continued qualification of family members after certain events.
 * Sec. 1899F. Extension of COBRA benefits for certain TAA-eligible individuals and PBGC recipients.
 * Sec. 1899G. Addition of coverage through voluntary employees' beneficiary associations.
 * Sec. 1899H. Notice requirements.
 * Sec. 1899I. Survey and report on enhanced health coverage tax credit program.
 * Sec. 1899J. Authorization of appropriations.
 * Sec. 1899K. Extension of national emergency grants.
 * Sec. 1899L. GAO study and report.