“(ii) these types of job impacts an existing, around forty acre general public mass transportation bus-way terminal facility located adjacent to an interstate highway;

“(B) Specified inland river vessel.—The amendments made by segment 201 shall not use into a undertaking involving the reconstruction of the inland river vessel docked within the Mississippi River at St.

II substituted “the interval equal into the recovery time period identified with respect to these property less than subsection (i)(two)” for “150 p.c from the current class lifetime of such property”.

“(II) the taxpayer treats this kind of movie as recovery house for needs of portion 168 of this kind of Code.

“(two) Terminal rental adjustment clause.— The phrase ‘terminal rental adjustment clause’ suggests a provision of the agreement which permits or necessitates the rental price for being modified upward or downward by reference to the amount realized from the lessor under the settlement on sale or other disposition of this kind of property.

(II) under these kinds of lease You will find a mounted or determinable selling price purchase or sale option which will involve such entity (or maybe a related entity) or You can find the equal of these types of a choice,

“(B) with respect to wages for which the taxpayer claimed some great benefits of portion 45A of this kind of Code for your taxable year on a return filed before March 18, 1997, but only if these return was the primary return of tax filed for this sort of taxable yr.”

“(A) this sort of advancement is placed in assistance over three many years following the date these types of developing was initially put in service, and

“(ii) the marketing or partnership passions in these partnership was completed not afterwards than the 90th day once the date in the enactment of this Act [July eighteen, 1984] and the aggregate level of curiosity in this kind of partnership offered won't exceed the most quantity described in clause (i).

“(B) this kind of lessee is obligated to lease the making under an arrangement to lease entered into prior to September 26, 1985, and these property is presented for this kind of building, and

then, for purposes of applying the revenue laws of the United States in regard to these types of settlement, the part of the house allocable to companions (or beneficiaries) not described in clause (iii) shall be handled as if it were being issue to the individual arrangement and also the percentage of these residence allocable for the companion or beneficiary explained in rico168 clause (iii) shall be dealt with as though it were subject matter into a separate arrangement.

(three) Exclusive rule wherever substantial property placed in support through last three months of taxable yr (A) In generalExcept as supplied in polices, if through any taxable 12 months— (i) the mixture bases of home to which this section applies put in support in the final 3 months from the taxable 12 months, exceed

For applications of pinpointing whether or not house described Within this subparagraph is described in subparagraph (A), these types of house shall be taken care of as possessing been acquired in the interval referred to in subparagraph (A)(ii) if not less than twenty percent of the expense of these kinds of home is paid out in the course of this kind of interval.

“(F) The construction of a three-Tale office developing that can serve as the home Workplace for an insurance policies group and its affiliated organizations, with respect to which a city agreed to transfer its ownership of the land with the challenge inside of a Redevelopment Settlement executed on September 18, 1985, when specific situations are met.