— REVENUE PROVISIONS
. (a) .— This title may be cited as the ``Revenue Reconciliation Act of 1990´´.
(b) .—
Except as otherwise expressly provided, whenever in this title an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.
(c) .—
Except as otherwise expressly provided in this title, no amendment made by this title shall be treated as a change in a rate of tax for purposes of section 15 of the Internal Revenue Code of 1986.
(d) .—
Sec. 11001. Short Title; Etc.
Subtitle A — Individual Income Tax Provisions
Sec. 11101. Elimination of provision reducing marginal tax rate for high-income taxpayers. Sec. 11102. Increase in rate of individual alternative minimum tax. Sec. 11103. Overall limitation on itemized deductions. Sec. 11104. Phaseout of personal exemptions.
Sec. 11111. Modifications of earned income tax credit. Sec. 11112. Requirement of identifying number for certain dependents. Sec. 11113. Study of advance payments. Sec. 11114. Program to increase public awareness. Sec. 11115. Exclusion from income and resources of earned income tax credit under titles IV, XVI, and XIX of the Social Security Act. Sec. 11116. Coordination with refund provision.
Subtitle B — Excise Taxes
Sec. 11201. Patent and Trademark Office User Fees. Sec. 11202. Federal Agency Status. Sec. 11203. Effect on Other Law.
Sec. 11211. Increase and extension of highway-related taxes and trust fund. Sec. 11212. Improvements in administration of gasoline excise tax. Sec. 11213. Increase and extension of aviation-related taxes and trust fund; repeal of reduction in rates. Sec. 11214. Increase in harbor maintenance tax. Sec. 11215. Extension of Leaking Underground Storage Tank Trust Fund taxes. Sec. 11216. Amendments to gas guzzler tax. Sec. 11217. Telephone excise tax modified and made permanent. Sec. 11218. Floor stocks tax treatment of articles in foreign trade zones.
Sec. 11221. Taxes on Luxury Items.
Sec. 11231. 4-Year Extension of Hazardous Substance Superfund.
Subtitle C — Other Revenue Increases
Sec. 11301. Capitalization of policy acquisition expenses. Sec. 11302. Treatment of certain nonlife reserves of life insurance companies. Sec. 11303. Treatment of life insurance reserves of insurance companies which are not life insurance companies.
Sec. 11305. Treatment of salvage recoverable.
Sec. 11307. Waiver of estimated tax penalties.
Sec. 11311. Suspension of statute of limitations during proceedings to enforce certain summonses. Sec. 11312. Accuracy-related penalty to apply to section 482 adjustments. Sec. 11313. Treatment of persons providing services. Sec. 11314. Application of amendments made by section 7403 of Revenue Reconciliation Act of 1989 to taxable years beginning on or before July 10, 1989. Sec. 11315. Other reporting requirements. Sec. 11316. Study of section 482. Sec. 11317. 10-year period of limitation on collection after assessment. Sec. 11318. Return requirement where cash received in trade or business. Sec. 11319. 5-year extension of Internal Revenue Service user fees.
Sec. 11321. Recognition of gain by distributing corporation in certain section 355 transactions. Sec. 11322. Modifications to regulations issued under section 305(c). Sec. 11323. Modifications to section 1060. Sec. 11324. Modification to corporation equity reduction limitations on net operating loss carrybacks. Sec. 11325. Issuance of debt or stock in satisfaction of indebtedness.
Sec. 11331. Increase in dollar limitation on amount of wages subject to hospital insurance tax. Sec. 11332. Coverage of certain State and local employees under social security. Sec. 11333. Extension of FUTA surtax. Sec. 11334. Deposits of payroll taxes.
Sec. 11341. Increase in rate of interest payable on large corporate underpayments. Sec. 11342. Denial of deduction for unnecessary cosmetic surgery. Sec. 11343. Special rules where grantor of trust is a foreign person. Sec. 11344. Treatment of contributions of appreciated property under minimum tax.