== — TAX PROVISIONS==
SEC. 1000. SHORT TITLE, ETC. (a) Short Title.— This title may be cited as the ``American Recovery and Reinvestment Tax Act of 2009´´. (b) Reference.— 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) Table of Contents.— The table of contents for this title is as follows:
TITLE I—TAX PROVISIONS
Sec. 1000. Short title, etc. Subtitle A—Tax Relief for Individuals and Families Part I—General Tax Relief Sec. 1001. Making work pay credit. Sec. 1002. Temporary increase in earned income tax credit. Sec. 1003. Temporary increase of refundable portion of child credit. Sec. 1004. American opportunity tax credit. Sec. 1005. Computer technology and equipment allowed as a qualified higher education expense for section 529 accounts in 2009 and 2010. Sec. 1006. Extension of and increase in first-time homebuyer credit; waiver of requirement to repay. Sec. 1007. Suspension of tax on portion of unemployment compensation. Sec. 1008. Additional deduction for State sales tax and excise tax on the purchase of certain motor vehicles. Part II—Alternative Minimum Tax Relief Sec. 1011. Extension of alternative minimum tax relief for nonrefundable personal credits. Sec. 1012. Extension of increased alternative minimum tax exemption amount. Subtitle B—Energy Incentives Part I—Renewable Energy Incentives Sec. 1101. Extension of credit for electricity produced from certain renewable resources. Sec. 1102. Election of investment credit in lieu of production credit. Sec. 1103. Repeal of certain limitations on credit for renewable energy property. Sec. 1104. Coordination with renewable energy grants. Part II—Increased Allocations of New Clean Renewable Energy Bonds and Qualified Energy Conservation Bonds Sec. 1111. Increased limitation on issuance of new clean renewable energy bonds. Sec. 1112. Increased limitation on issuance of qualified energy conservation bonds. Part III—Energy Conservation Incentives Sec. 1121. Extension and modification of credit for nonbusiness energy property. Sec. 1122. Modification of credit for residential energy efficient property. Sec. 1123. Temporary increase in credit for alternative fuel vehicle refueling property. Part IV—Modification of Credit for Carbon Dioxide Sequestration Sec. 1131. Application of monitoring requirements to carbon dioxide used as a tertiary injectant. Part V—Plug-in Electric Drive Motor Vehicles Sec. 1141. Credit for new qualified plug-in electric drive motor vehicles. Sec. 1142. Credit for certain plug-in electric vehicles. Sec. 1143. Conversion kits. Sec. 1144. Treatment of alternative motor vehicle credit as a personal credit allowed against AMT. Part VI—Parity for Transportation Fringe Benefits Sec. 1151. Increased exclusion amount for commuter transit benefits and transit passes. Subtitle C—Tax Incentives for Business Part I—Temporary Investment Incentives Sec. 1201. Special allowance for certain property acquired during 2009. Sec. 1202. Temporary increase in limitations on expensing of certain depreciable business assets. Part II—Small Business Provisions Sec. 1211. 5-year carryback of operating losses of small businesses. Sec. 1212. Decreased required estimated tax payments in 2009 for certain small businesses. Part III—Incentives for New Jobs Sec. 1221. Incentives to hire unemployed veterans and disconnected youth. Part IV—Rules Relating to Debt Instruments Sec. 1231. Deferral and ratable inclusion of income arising from business indebtedness discharged by the reacquisition of a debt instrument. Sec. 1232. Modifications of rules for original issue discount on certain high yield obligations. Part V—Qualified Small Business Stock Sec. 1241. Special rules applicable to qualified small business stock for 2009 and 2010. Part VI—S Corporations Sec. 1251. Temporary reduction in recognition period for built-in gains tax. Part VII—Rules Relating to Ownership Changes Sec. 1261. Clarification of regulations related to limitations on certain built-in losses following an ownership change. Sec. 1262. Treatment of certain ownership changes for purposes of limitations on net operating loss carryforwards and certain built-in losses. Subtitle D—Manufacturing Recovery Provisions Sec. 1301. Temporary expansion of availability of industrial development bonds to facilities manufacturing intangible property. Sec. 1302. Credit for investment in advanced energy facilities. Subtitle E—Economic Recovery Tools Sec. 1401. Recovery zone bonds. Sec. 1402. Tribal economic development bonds. Sec. 1403.