The amendments to Section 382 of the Internal Revenue Code made by Section 13226 of the Revenue Reconciliation Act of 1993 (P.L. 103-66), relating to modifications of discharge of indebtedness provisions, shall apply to discharges occurring on or after January 1, 1996, in taxable years beginning on or after January 1, 1996.
(Amended by Stats. 2001, Ch. 543, Sec. 39. Effective January 1, 2002.)
Last modified: October 25, 2018