
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC1397F]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                        Subtitle A--Income Taxes
 
                  CHAPTER 1--NORMAL TAXES AND SURTAXES
 
Subchapter U--Designation and Treatment of Empowerment Zones, Enterprise 
           Communities, and Rural Development Investment Areas
 
                           PART V--REGULATIONS
 
Sec. 1397F. Regulations

    The Secretary shall prescribe such regulations as may be necessary 
or appropriate to carry out the purposes of parts II and III, 
including--
        (1) regulations limiting the benefit of parts II and III in 
    circumstances where such benefits, in combination with benefits 
    provided under other Federal programs, would result in an activity 
    being 100 percent or more subsidized by the Federal Government,
        (2) regulations preventing abuse of the provisions of parts II 
    and III, and
        (3) regulations dealing with inadvertent failures of entities to 
    be enterprise zone businesses.

(Added Pub. L. 103-66, title XIII, Sec. 13301(a), Aug. 10, 1993, 107 
Stat. 555, Sec. 1397D; renumbered Sec. 1397F, Pub. L. 105-34, title II, 
Sec. 226(a), Aug. 5, 1997, 111 Stat. 820; amended Pub. L. 105-206, title 
VI, Sec. 6004(g)(1), July 22, 1998, 112 Stat. 796.)


                               Amendments

    1998--Pub. L. 105-206 amended directory language of Pub. L. 105-34, 
Sec. 226(a). See 1997 Amendment note below.
    1997--Pub. L. 105-34, Sec. 226(a), as amended by Pub. L. 105-206, 
renumbered section 1397D of this title as this section.
