
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC87]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                        Subtitle A--Income Taxes
 
                  CHAPTER 1--NORMAL TAXES AND SURTAXES
 
               Subchapter B--Computation of Taxable Income
 
          PART II--ITEMS SPECIFICALLY INCLUDED IN GROSS INCOME
 
Sec. 87. Alcohol fuel credit

    Gross income includes the amount of the alcohol fuel credit 
determined with respect to the taxpayer for the taxable year under 
section 40(a).

(Added Pub. L. 96-223, title II, Sec. 232(c)(1), Apr. 2, 1980, 94 Stat. 
276, Sec. 86; renumbered Sec. 87, Pub. L. 98-21, title I, Sec. 121(a), 
Apr. 20, 1983, 97 Stat. 80; amended Pub. L. 98-369, div. A, title IV, 
Sec. 474(r)(3), July 18, 1984, 98 Stat. 839.)


                               Amendments

    1984--Pub. L. 98-369 amended section generally, substituting ``the 
amount of the alcohol fuel credit determined with respect to the 
taxpayer for the taxable year under section 40(a)'' for ``an amount 
equal to the amount of the credit allowable to the taxpayer under 
section 44E for the taxable year (determined without regard to 
subsection (e) thereof)''.


                    Effective Date of 1984 Amendment

    Amendment by Pub. L. 98-369 applicable to taxable years beginning 
after Dec. 31, 1983, and to carrybacks from such years, see section 
475(a) of Pub. L. 98-369, set out as a note under section 21 of this 
title.


                             Effective Date

    Section applicable to sales or uses after Sept. 30, 1980, in taxable 
years ending after such date, see section 232(h)(1) of Pub. L. 96-223, 
set out as a note under section 40 of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 56 of this title.
