And I would have thought that editing a newspaper where an actual Congressman was on the board of directors would have been a positive thing. At this point all it does is MAYBE get someone a human shield options for...how long?
But there is this:
(33) The amendments made by section 201 shall not apply to— (D) the City of Los Angeles Co-composting project, the estimated cost of which is $62,000,000, with respect to which, on July 17, 1985, the California Pollution Control Financing Authority issued an initial resolution in the maximum amount of $75,000,000 to finance this project, . . . (I) 80,000 vending machines, for a cost approximating $3,400,000 placed into service by Folz Vending Co., (J) a 24 megawatt alternative energy facility placed in service by Peat Products, with respect to which certification by the Federal Energy Regulatory Commission on April 3, 1986, and (K) Burbank Manors, in Illinois. . . . SPECIAL RULE FOR CERTAIN PROPERTY.—The provisions of sec- tion 168(f)(8) of the Internal Revenue Code of 1954 (as amended by section 209 of the Tax Equity and Fiscal Responsibility Act of 1982) shall continue to apply to any transaction permitted by reason of 100 STAT. 2164 PUBLIC LAW 99-514—OCT. 22, 1986 section 12(c)(2) of the Tax Reform Act of 1984 or section 209(d)(1)(B) of the Tax Equity and Fiscal Responsibility Act of 1982. (c) APPLICABLE DATE IN CERTAIN CASES.— (1) Section 203(b)(2) shall be applied by substituting "January 1, 1992" for January 1,1991" in the following cases. (A) in the case of a 2-unit nuclear powered electric generating plant (and equipment and incidental appur- tenances), constructed pursuant to contracts entered into by the owner operator of the facility before December 31, 1975, including contracts with the engineer/constructor and the nuclear steam system supplier, such contracts shall be treated as contracts described in section 2030t))(l)(A), (B) a cogeneration facility with respect to which an ap- plication with the Federal Energy Regulatory Commission was filed on August 2, 1985, and approved October 15, 1985[*1 ]. (C) in the case of a 1,300 megawatt coal-fired steam powered electric generating plant (and related equipment and incidental appurtenances), which the three owners determined in 1984 to convert from nuclear power to coal power and for which more than $600,000,000 had been incurred or committed for construction before September 25, 1985, except that no investment tax credit will be allowable under section 49(d)(3) added by section 211(a) of this Act for any qualified progress expenditures made after December 31,1990. . . . (3) Section 203(b)(2) shall be applied by substituting "January 1, 1990," for the applicable date that would otherwise apply in the case of— (A) new commercial passenger aircraft used by a domestic airline, if a binding contract with respect to such aircraft was entered into before April 1, 1986, and such aircraft has a present class life of 12 years, (B) a pumped storage hydroelectric project with respect to which an application was made to the Federal Energy Regulatory Commission for a license on February 4, 1974, and license was issued August 1, 1977, the project number of which is 2740[*2] , (C) a facility for the manufacture of an improved particleboard, if—a binding contract to purchase such equipment was executed March 3, 1986, such equipment will be placed in service by January 1, 1988, and such facility is located in or near Moncure, North Carolina, and (D) a newsprint mill in Pend Oreille county, Washington, costing about $290,000,000. . . . (4) The amendments made by section 201 shall not apply to a limited amount of the following property or a limited amount of property set forth in submission before September 16, 1986, by the following taxpayers— . . . (N) Mesa Airlines[*3] , (O) Yarn-spinning equipment used at Spring Cotton Mills, and (P) 328 units of low-income housing at Angelus Plaza. . . . (G) A project is described in this subparagraph if— (i) the project is a newspaper printing and distribu- tion plant project with respect to which a contract for the purchase of 8 printing press units and related equipment to be installed in a single press line was entered into on January 8,1985, and (ii) the contract price for such units and equipment represents at least 50 percent of the total cost of such project. [(5) SPECIAL RULES FOR PROPERTY INCLUDED IN MASTER PLANS OF INTEGRATED PROJECTS.—The amendments made by section 201 shall not apply to any property placed in service pursuant to a master plan which is clearly identifiable as of March 1, 1986, for any project described in any of the following subparagraphs of this paragraph: (A) A project is described in this subparagraph if— 100 STAT. 2150 PUBLIC LAW 99-514—OCT. 22, 1986 (i) the project involves production platforms for off- shore drilling, oil and gas pipeline to shore, process and storage facilities, and a marine terminal, and (ii) at least $900,000,000 of the costs of such project were incurred Isefore September 26,1985. (B) A project is described in this subparagraph if— (i) such project involves a fiber optic network of at least 20,000 miles, and (ii) before September 26, 1985, construction com- menced pursuant to the master plan and at least $85,000,000 was spent on construction. (C) A project is described in this subparagraph if— (i) such project passes through at least 10 States and involves intercity communication links (including one or more repeater sites, terminals and junction stations for microwave transmissions, regenerators or fiber optics and other related equipment), (ii) the lesser of $150,000,000 or 5 percent of the total project cost has been expended, incurred, or committed before March 2, 1986, by one or more taxpayers each of which is a member of the same affiliated group (as defined in section 1504(a)), and (iii) such project consists of a comprehensive plan for meeting network capacity requirements as encom- passed within either: (I) a November 5, 1985, presentation made to and accepted by the Chairman of the Board and the president of the taxpayer, or (II) the approvals by the Board of Directors of the parent company of the taxpayer on May 3, 1985, and September 22, 1985, and of the executive committee of said board on December 23, 1985. (D) A project is described in this subparagraph if— (i) such project is part of a flat rolled product mod- ernization plan which was initially presented to the Board of Directors of the taxpayer on July 8, 1983, (ii) such program will be carried out at 3 locations, and (iii) such project will involve a total estimated mini- mum capital cost of at least $250,000,000. (E) A project is described in this subparagraph if the project is being carried out by a corporation engaged in the production of paint, chemicals, fiberglass, and glass, and if— (i) the project includes a production line which ap- plies a thin coating to glass in the manufacture of energy efficient residential products, if approved by the management committee of the corporation on January 29,1986, (ii) the project is a turbogenerator which was ap- proved by the president of such corporation and at least $1,000,000 of the cost of which was incurred or commit- ted before such date, (iii) the project is a waste-to-energy disposal system which was initially approved by the management committee of the corporation on March 29, 1982, and at PUBLIC LAW 99-514—OCT. 22, 1986 100 STAT. 2151 least $5,000,000 of the cost of which was incurred before September 26,1985, (iv) the project, which involves the expansion of an existing service facility and the addition of new lab facilities needed to accommodate topcoat and under- coat production needs of a nearby automotive assembly plant, was approved by the corporation's management committee on March 5,1986, or (v) the project is part of a facility to consolidate and modernize the silica production of such corporation and the project was approved by the president of such corporation on August 19, 1985. (F) A project is described in this subparagraph if— (i) such project involves a port terminal and oil pipe- line extending generally from the area of Los Angeles, California, to the area of Midland, Texas, and (ii) before September 26, 1985, there is a binding contract for dredging and channeling with respect thereto and a management contract with a construc- tion manager for such project. (G) A project is described in this subparagraph if— (i) the project is a newspaper printing and distribu- tion plant project with respect to which a contract for the purchase of 8 printing press units and related equipment to be installed in a single press line was entered into on January 8,1985, and (ii) the contract price for such units and equipment represents at least 50 percent of the total cost of such project.] . . . SEC. 1176. SPECIAL ESOP REQUIREMENTS. (a) IN GENERAL.—Section 401(aX22) (relating to qualified pension, profit sharing and stock bonus plans) is amended by inserting at the end thereof the following new sentence: "The requirements of subsection (e) of section 409 shall not apply to any employees of an employer who are participants in any defined contribution plan established and maintained by such employer if the stock of such employer is not publicly traded and the trade or business of such 100 STAT. 2520 PUBLIC LAW 99-514—OCT. 22, 1986 employer consists of publishing on a regular basis a newspaper for general circulation." . . . (15) ANNUITY CONTRACTS.—The treatment of annuity con- tracts as investment property under section 1480))(2) of the 1986 Code shall not apply to any bond described in any of the following subparagraphs: (A) A bond is described in this subparagraph if such bond is issued by a city located in a noncontiguous State if— (i) the authority to acquire such a contract was ap- proved on September 24, 1985, by city ordinance A085- 176, and (ii) formal bid requests for such contracts were mailed to insurance companies on September 6, 1985. The aggregate face amount of bonds to which this subpara- graph applies shall not exceed $57,000,000. (B) A bond is described in this subparagraph if— (i) on or before May 12, 1985, the governing board of the city pension fund authorized an agreement with an underwriter for possible execution and delivery of tax- exempt certificates of participation by a nonprofit cor- poration, and (ii) the proceeds of the sale of such certificates are to be used to purchase an annuity to fund the unfunded liability of the City of Berkeley, California's Safety Members Pension Fund. The aggregate face amount of bonds to which this subpara- graph applies shall not exceed $40,000,000. . . . SEC. 1604. EXCEPTION TO MEMBERSHIP ORGANIZATION DEDUCTION RULES. (a) I N GENERAL.—Subsection 0?) of section 277 (relating to deduc- tions incurred by certain membership organizations in transactions with members) is amended— (1) by striking out "or" at the end of paragraph (2), (2) by striking out the period at the end of paragraph (3) and inserting in lieu thereof ", or", and (3) by adding at the end thereof the following new paragraph: "(4) which is engaged primarily in the gathering and distribu- tion of news to its members for publication." (b) EFFECTIVE DATE.—The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act. . . . This is the indictment. You had more than 25 years to answer.
*1 Is this the Clinton Power plant with the “comulative” in the Federal Register that had it’s 35th year this year? The "typo" the would not correct... *2 Was not El Cajon dam supposed to be on the second of a 20 year legacy dredging of the reservoir right about this last year or so? So would this date apply? The Engineering Company was from Chicago…Harza…and that would make sense in consideration of the next two requiring “wood” for particle board and newsprint…and who in Honduras had “timber” interests and who had a “newspaper” outlet that got hit recently? What is with that “commercial passenger aircraft” unless the size is not so important…like private passenger planes carrying “coolers” with “vaccines?” *3 Didn’t someone have something like last year for Sept. 16? La Mesa International Airport is in San Pedro Sula, Honduras.
Where is my "paper?"
Where is my "tree?"
I apologize but your "co-composting" of NASA whistleblowers is NOT going to pay the insurance for that "blowout" yesterday on the "Starr Ship."
You should have PROSECUTED.
7:21 pm CST
May 30, 2020
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