(E), and inserted references to section 179 in three places. (E), and, in provisions following subpar. 97вЂ“34, В§вЂЇ204(a), inserted reference to section 1245 recovery property disposed of after Dec. 97вЂ“448 inserted вЂњ(not including a building or its structural components)вЂќ after вЂњa storage facilityвЂќ.ДЎ981-Subsec.

98вЂ“369, В§вЂЇ111(e)(5), substituted вЂњ18-year real property and low-income housingвЂќ for вЂњ15-year real propertyвЂќ. 99вЂ“121 substituted вЂњ19-year real propertyвЂќ for вЂњ18-year real propertyвЂќ.ДЎ984-Subsec. (6) which provided special rule for qualified leased property.ДЎ985-Subsec. (5) which defined вЂњsection 1245 recovery propertyвЂќ and par. (C) which read as follows: вЂњan elevator or an escalatorвЂќ. (D), (E), and (F) as (C), (D), and (E), respectively, and struck out former subpar. (A) to (E) and concluding provisions as subpars.

99вЂ“514, В§вЂЇ201(d)(11)(A), struck out вЂњduring a taxable year beginning after December 31, 1962, or section 1245 recovery property is disposed of after December 31, 1980,вЂќ after вЂњif section 1245 property is disposed ofвЂќ. 104вЂ“7 struck out вЂњ1071 andвЂќ before вЂњ1081 transactionsвЂќ in heading and вЂњsection 1071 (relating to gain from sale or exchange to effectuate policies of FCC) orвЂќ before вЂњsection 1081вЂќ in text.ДЎ993-Subsec. Prior to amendment, introductory provisions read as follows: вЂњFor purposes of this section, the term вЂsection 1245 propertyвЂ™ means any property which is or has been property of a character subject to the allowance for depreciation provided in section 167 (or subject to the allowance of amortization provided in)) and is either-вЂќ.ДЎ995-Subsec. 104вЂ“188 reenacted heading without change and amended introductory provisions generally. (4) which related to special rule for player contracts if a franchise to conduct any sports enterprise is sold or exchanged.ДЎ997-Subsec. Text read as follows: вЂњUnder regulations prescribed by the Secretary, rules consistent with paragraphs (3) and (4) of this subsection shall apply in the case of transactions described in section 1081 (relating to exchanges in obedience to SEC orders).вЂќ (6) to (9) as (5) to (8), respectively, and struck out heading and text of former par.

Irc 125