Section, added [Pub. L. 98–369, div. A, title II, § 211(a)], July 18, 1984, [98 Stat. 738]; amended [Pub. L. 111–92, § 13(c)], Nov. 6, 2009, [123 Stat. 2994]; [Pub. L. 113–295, div. A, title II, § 221(a)(41)(J)], Dec. 19, 2014, [128 Stat. 4044], related to operations loss deduction.
A prior section 810, added [Pub. L. 86–69, § 2(a)], June 25, 1959, [73 Stat. 125]; amended [Pub. L. 91–172, title I, § 121(b)(5)(B)], title IX, § 907(a)(2), Dec. 30, 1969, [83 Stat. 541], 715, related to rules for certain reserves, prior to the general revision of this part by [Pub. L. 98–369, § 211(a)].
Statutory Notes and Related Subsidiaries
Effective Date of Repeal
Repeal applicable to losses arising in taxable years beginning after Dec. 31, 2017, see [section 13511(c) of Pub. L. 115–97], set out as an Effective Date of 2017 Amendment note under section 381 of this title.