Page:United States Statutes at Large Volume 102 Part 4.djvu/402

 102 STAT. 3372

State listing.

26 USC 46 note.

PUBLIC LAW 100-647—NOV. 10, 1988 (A) by striking out "Lakeland marbel Arcade" in subparagraph (K) and inserting in lieu thereof "Marble Arcade office building", (B) by striking out "and" at the end of subparagraph (Y), and (C) by striking out subparagraph (Z) and inserting in lieu thereof the following: "(Z) the Bigelow-Hartford Carpet Mill in Enfield, Connecticut, "(AA) properties abutting 125th street in New York County from 7th Avenue west to Morningside and the pier area on the Hudson River at the end of such 125th Street, "(BB) the City of Los Angeles Central Library project pursuant to an agreement dated December 28, 1983, "(CO the Warehouse Row project in Chattanooga, Tennessee, "(DD) any project described in section 204(a)(l)(F) of this Act, "(EE) the Wood Street Commons project in Pittsburgh, Pennsylvania, "(FF) any project described in section 803(d)(6) of this Act, "(GG) Union Station, Indianapolis, Indiana, "(HH) the Mattress Factory project in Pittsburgh, Pennsylvania, "(II) Union Station in Providence, Rhode Island, "(JJ) South Pack Flaza, Asheville, North Carolina, "(KK) Old Louisville Trust Project, Louisville, Kentucky, "(LL) Stewarts Rehabilitation Project, Louisville, Kentucky, "(MM) Bernheim Officenter, Louisville, Kentucky, "(NN) Springville Mill Project, Rockville, Connecticut, and "(00) the D.J. Stewart Company Building, State and Main Streets, Rockford, Illinois." (4) Subsection (d) of section 251 of the Reform Act is amended by striking out paragraph (6) and inserting in lieu thereof the following: "(6)

EXPENSING

OF

REHABILITATION

EXPENSES

FOR

THE

FRANKFORD ARSENAL.—In the case of any expenditures paid or incurred in connection with improvements (including repairs and maintenance) of the Frankford Arsenal pursuant to a contract and partnership agreement during the 8-year period specified in the contract or agreement, all such expenditures to be made during the period 1986 through and including 1993 shall— "(A) be treated as made (and allowable as a deduction) during 1986, "(B) be treated as qualified rehabilitation expenditures made during 1986, and "(C) be allocated in accordance with the partnership agreement regardless of when the interest in the partnership was acquired, except that— "(i) if the taxpayer is not the original holder of such interest, no person (other than the taxpayer) had claimed any benefits by reason of this paragraph,

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