Section, added [Pub. L. 87–834, § 21(a)], Oct. 16, 1962, [76 Stat. 1063]; amended [Pub. L. 94–455, title XIX, § 1906(b)(13)(A)], Oct. 4, 1976, [90 Stat. 1834], authorized deduction of expenditures by farmers for clearing land.
Effective Date of Repeal
[Pub. L. 99–514, title IV, § 402(c)], Oct. 22, 1986, [100 Stat. 2221], provided that: “The amendments made by this section [amending sections 263 and 1252 of this title and repealing this section] shall apply to amounts paid or incurred after December 31, 1985, in taxable years ending after such date.”
