Section
860H, added
Pub. L. 104–188, title I, § 1621(a), Aug. 20, 1996,
110 Stat. 1858, set forth general rules relating to taxation of a FASIT.
Section
860I, added
Pub. L. 104–188, title I, § 1621(a), Aug. 20, 1996,
110 Stat. 1859, related to gain recognition on contributions to a FASIT and in other cases.
Section
860J, added
Pub. L. 104–188, title I, § 1621(a), Aug. 20, 1996,
110 Stat. 1860, prohibited offset of certain FASIT inclusions by non-FASIT losses.
Section
860K, added
Pub. L. 104–188, title I, § 1621(a), Aug. 20, 1996,
110 Stat. 1861, related to treatment of transfers of high-yield interests to disqualified holders.
Section
860L, added
Pub. L. 104–188, title I, § 1621(a), Aug. 20, 1996,
110 Stat. 1862; amended
Pub. L. 105–34, title XVI, § 1601(f)(6), Aug. 5, 1997,
111 Stat. 1091, defined terms and set forth special rules relating to FASITs.