“(D) Specific rule for greenville auditorium board.— For uses of the paragraph, considerable official governmental action taken with the Greenville County Auditorium Board of Greenville, South Carolina, right before Could 23, 1983, shall be addressed as major Formal governmental motion with regard to the coliseum facility topic to the binding deal to lease which was in impact on January one, 1985.
“(ii) if this kind of lease is pursuant to the penned binding agreement entered into right before January 1, 1984, which necessitates the international individual or entity to be the lessee of such property.
“(ii) leased by the taxpayer following November one, 1983, if on or right before these kinds of day the taxpayer entered right into a penned binding agreement necessitating the taxpayer to lease this sort of residence.
“(D) House is explained During this subparagraph if these types of assets is leased to an academic institution to be used as an Arts and Humanities Center and with regard to which— “(i) in November 1982, an architect was engaged to style and design a prepared renovation;
(ii) any horse apart from a race horse that is more than twelve several years outdated at the time it is positioned in support, and
“(i) Earnings from assets matter to America tax.—Clause (iii) of subparagraph (A) shall not implement with regard to any residence if more than 50 percent on the gross money with the taxable 12 months derived because of the overseas human being or entity from using this kind of property is—
(D) Treatment method of selected taxable instrumentalitiesFor applications of the subsection, a company shall not be dealt with being an instrumentality of The usa or of any Condition or political subdivision thereof if— (i) the entire activities of such Company are issue to tax less than this chapter, and
“(iii) the job is carried out by a Maine Company and will involve the modernization of pulp and paper mills in Millinocket and/or East Millinocket, Maine, or
(7) Denial of double gain Paragraph (1) shall not implement to any competent next era biofuel plant assets with respect to which an election has long been manufactured under part 179C (referring to election to cost specific refineries).
“(B) these kinds of lessee is obligated to lease the building beneath an arrangement to lease entered into before September 26, 1985, and these kinds of assets is supplied for these kinds of building, and
Any time period laid out in the previous sentence shall not use to any residence ordered just before (or the development, reconstruction, or erection of which commenced just before) the day of The chief order Except if the President establishes an before date for being in the general public desire and specifies this kind of date in The manager buy.
“(ii) Major expenditures.— In the situation of facilities the first use of which commences While using the taxpayer and with respect to which substantial expenses are made ahead of January 1, 1983, the amendments created by this section shall not implement with regard to these kinds of facilities on the extent such services are financed by the proceeds of an obligation issued entirely to refund An additional obligation which was issued right before July 1, 1982.
(3). Text examine as follows: “The time period ‘cellulosic biofuel’ implies any liquid fuel which happens to be manufactured from any lignocellulosic or hemicellulosic matter that is offered on a renewable or recurring basis.”
(ii) an experienced Dwell theatrical production rico168 shall be regarded as placed in assistance at time of your Preliminary Stay staged efficiency.