Page:United States Statutes at Large Volume 122.djvu/3885

 12 2 STA T .386 2 PUBLIC LA W 11 0– 3 4 3 —O CT. 3 , 2008 Sec.307 . Basi sa dju s tm e n tt o stoc k o f Sco rp orations makin g c h arita bl e contribu - tions of propert y . Sec. 30 8 . I ncrease in limit on co v eroverofrume x cise tax to P uerto R ico and the V irgin Islands. Sec. 30 9 . E xtension of economic development credit for A merican Samoa. Sec. 3 1 0. Extension of mine rescue team training credit. Sec. 311. Extension of election to expense advanced mine safety e q uipment. Sec. 31 2 . D eduction allo w able with respect to income attributable to domestic pro- duction activities in Puerto Rico. Sec. 313. Q ualified z one academy bonds. Sec. 31 4 . Indian employment credit. Sec. 31 5 . Accelerated depreciation for business property on Indian reservations. Sec. 31 6 . Railroad track maintenance. Sec. 317. Seven-year cost recovery period for motorsports racing track facility. Sec. 318. Expensing of environmental remediation costs. Sec. 319. Extension of work opportunity tax credit for H urricane K atrina employ- ees. Sec. 320. Extension of increased rehabilitation credit for structures in the G ulf O p- portunity Z one. Sec. 321. Enhanced deduction for qualified computer contributions. Sec. 322. T ax incentives for investment in the District of C olumbia. Sec. 323. Enhanced charitable deductions for contributions of food inventory. Sec. 324. Extension of enhanced charitable deduction for contributions of book in- ventory. Sec. 325. Extension and modification of duty suspension on wool products wool re- search fund; wool duty refunds. TIT L EIV — E X TE N SION O F TAX AD M INISTRATION PROVISIONS Sec. 401. Permanent authority for undercover operations. Sec. 402. Permanent authority for disclosure of information relating to terrorist ac- tivities. TITLE V—ADDITIONAL TAX RELIEF AND OTHER TAX PROVISIONS Subtitle A—General Provisions Sec. 501. $ 8, 500 income threshold used to calculate refundable portion of child tax credit. Sec. 502. Provisions related to film and television productions. Sec. 503. Exemption from excise tax for certain wooden arrows designed for use by children. Sec. 504. Income averaging for amounts received in connection with the Exxon Valdez litigation. Sec. 505. Certain farming business machinery and equipment treated as 5-year property. Sec. 506. Modification of penalty on understatement of taxpayer ’ s liability by tax return preparer. Subtitle B—Paul W ellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 Sec. 511. Short title. Sec. 512. Mental health parity. TITLE VI—OTHER PROVISIONS Sec. 601. Secure rural schools and community self-determination program. Sec. 602. Transfer to abandoned mine reclamation fund. TITLE VII—DISASTER RELIEF Subtitle A—Heartland and Hurricane Ike Disaster Relief Sec. 701. Short title. Sec. 702. Temporary tax relief for areas damaged by 2008 Midwestern severe storms, tornados, and flooding. Sec. 703. Reporting requirements relating to disaster relief contributions. Sec. 704. Temporary tax-exempt bond financing and low-income housing tax relief for areas damaged by Hurricane Ike. Subtitle B—National Disaster Relief Sec. 706. Losses attributable to federally declared disasters. Sec. 707. Expensing of Qualified Disaster Expenses. Sec. 708. Net operating losses attributable to federally declared disasters.

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