Aug. 16, 1954, ch. 73668A Stat. 311Pub. L. 86–779, § 8(b)74 Stat. 1003Pub. L. 88–9, § 1(b)77 Stat. 7Pub. L. 94–455, title II, § 212(a)(1)90 Stat. 1545Pub. L. 94–455, title X, § 1015(c)90 Stat. 1618Pub. L. 95–345, § 2(d)(1)92 Stat. 482Pub. L. 98–369, div. A, title I, § 53(a)98 Stat. 565Pub. L. 99–514, title VI, § 641(a)100 Stat. 2282Pub. L. 109–304, § 17(e)(5)120 Stat. 1708Pub. L. 115–97, title I, § 13309(a)(1)131 Stat. 2130Pub. L. 119–21, title VII, § 70437(a)139 Stat. 248(, , § 1054; renumbered § 1055, , , ; renumbered § 1056, , , ; renumbered § 1057, , , ; renumbered § 1058, , , ; renumbered § 1059, , , ; renumbered § 1060, , , ; renumbered § 1061 and amended, , title XVIII, § 1899A(27), , , 2960; , , ; renumbered § 1062, , , ; renumbered § 1063, , , .)
Editorial Notes
Amendments
Pub. L. 119–21section 1062 of this title2025— renumbered as this section.
Pub. L. 115–97section 1061 of this title2017— renumbered as this section.
Pub. L. 109–304, § 17(e)(5)(A)section 57307 of title 462006—Par. (1). , substituted “chapter 573 of title 46, United States Code, see ” for “section 510 of the Merchant Marine Act, 1936, see subsection (e) of that section, as amended (46 U.S.C. App. 1160)”.
Pub. L. 109–304, § 17(e)(5)(B)Par. (2). , substituted “chapter 533 of title 46, United States Code” for “section 511 of such Act, as amended (46 U.S.C. App. 1161)”.
Pub. L. 109–304, § 17(e)(5)(C)Par. (3). , struck out par. (3), which read as follows: “For nonrecognition of gain in connection with vessels exchanged with the Maritime Administration under section 8 of the Merchant Ship Sales Act of 1946, see subsection (a) of that section (50 U.S.C. App. 1741).”
Pub. L. 99–514, § 641(a)section 1060 of this title1986—, renumbered as this section.
Pub. L. 99–514, § 1899A(27)section 641(a) of Pub. L. 99–514Pars. (1), (2). , which directed the amendment of pars. (1) and (2) of section 1060 by substituting “46 U.S.C. App.” for “46 U.S.C.” was executed to section 1061 to reflect the probable intent of Congress in view of the renumbering of section 1060 as 1061 by .
Statutory Notes and Related Subsidiaries
Effective Date of 2025 Amendment
Pub. L. 119–21section 70437(c) of Pub. L. 119–21section 1062 of this titleAmendment by applicable to sales or exchanges in taxable years beginning after , see , set out as an Effective Date note under .