Section, added Pub. L. 91-172, title IV, Section 431(a), Dec. 30, 1969, 83 Stat. 618; amended Pub. L. 94-455, title XIX, Section 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834, related to reserves for losses on loans of small business investment companies, etc.

Effective Date of Repeal

Repeal applicable to taxable years beginning after Dec. 31, 1986, see section 901(e) of Pub. L. 99-514, set out as an Effective Date of 1986 Amendment note under section 166 of this title.

PART II - MUTUAL SAVINGS BANKS, ETC.

Sec.

591.

Deduction for dividends paid on deposits.

[592.

Repealed.]

593.

Reserves for losses on loans.

594.

Alternative tax for mutual savings banks conducting life insurance business.

[595, 596.

Repealed.]

597.

Treatment of transactions in which Federal financial assistance provided.

Amendments

1996 - Pub. L. 104-188, title I, Section 1616(b)(16), Aug. 20, 1996, 110 Stat. 1857, struck out items 595 "Foreclosure on property securing loans" and 596 "Limitation on dividends received deduction".

1989 - Pub. L. 101-73, title XIV, Section 1401(b)(1), Aug. 9, 1989, 103 Stat. 549, repealed amendment made by Pub. L. 99-514, Section 904(b)(2), see 1986 Amendment note below.

Pub. L. 101-73, title XIV, Section 1401(a)(3)(C), Aug. 9, 1989, 103 Stat. 549, substituted "Treatment of transactions in which Federal financial assistance provided" for "FSLIC or FDIC financial assistance" in item 597.

1988 - Pub. L. 100-647, title IV, Section 4012(b)(2)(D)(ii), Nov. 10, 1988, 102 Stat. 3658, substituted "FSLIC or FDIC" for "FSLIC" in item 597.

1986 - Pub. L. 99-514, title IX, Section 904(b)(2), (c)(2)(A), Oct. 22, 1986, 100 Stat. 2385, as amended by Pub. L. 100-647, title IV, Section 4012(a)(2), Nov. 10, 1988, 102 Stat. 3656, which, applicable to transfers after Dec. 31, 1989, in taxable years ending after that date, directed amendment of analysis by striking out item 597, was repealed by Pub. L. 101-73, title XIV, Section 1401(b)(1), (c)(4), Aug. 9, 1989, 103 Stat. 549, 550, eff. Oct. 22, 1986, and applicable as if the amendments made by such section had not been enacted.

1981 - Pub. L. 97-34, title II, Section 244(b), Aug. 13, 1981, 95 Stat. 255, added item 597.

1976 - Pub. L. 94-455, title XIX, Section 1901(b)(19), Oct. 4, 1976, 90 Stat. 1796, struck out item 592 "Deduction for repayment of certain loans".

1969 - Pub. L. 91-172, title IV, Section 434(b)(2), Dec. 30, 1969, 83 Stat. 625, added item 596.

1962 - Pub. L. 87-834, Section 6(d), Oct. 16, 1962, 76 Stat. 984, substituted "Reserves for losses on loans" for "Additions to reserve for bad debts" in item 593, and added item 595.