Internal Revenue Code – Section 139A

Sec. 139A. Federal subsidies for prescription drug plans

-STATUTE-

Gross income shall not include any special subsidy payment

received under section 1860D-22 of the Social Security Act. This

section shall not be taken into account for purposes of determining

whether any deduction is allowable with respect to any cost taken

into account in determining such payment.

 

-SOURCE-

(Added Pub. L. 108-173, title XII, Sec. 1202(a), Dec. 8, 2003, 117

Stat. 2480; amended Pub. L. 111-148, title IX, Sec. 9012(a), Mar.

23, 2010, 124 Stat. 868.)

 

 

-STATAMEND-

AMENDMENT OF SECTION

Pub. L. 111-148, title IX, Sec. 9012, Mar. 23, 2010, 124 Stat.

868, as amended by Pub. L. 111-152, title I, Sec. 1407, Mar. 30,

2010, 124 Stat. 1067, provided that, applicable to taxable years

beginning after Dec. 31, 2012, this section is amended by striking

the second sentence.

 

-REFTEXT-

REFERENCES IN TEXT

Section 1860D-22 of the Social Security Act, referred to in text,

is classified to section 1395w-132 of Title 42, The Public Health

and Welfare.

 

 

-MISC1-

EFFECTIVE DATE OF 2010 AMENDMENT

Pub. L. 111-148, title IX, Sec. 9012(b), Mar. 23, 2010, 124 Stat.

868, as amended by Pub. L. 111-152, title I, Sec. 1407, Mar. 30,

2010, 124 Stat. 1067, provided that: "The amendment made by this

section [amending this section] shall apply to taxable years

beginning after December 31, 2012."

 

EFFECTIVE DATE

Section applicable to taxable years ending after Dec. 8, 2003,

see section 1202(d) of Pub. L. 108-173, set out as an Effective

Date of 2003 Amendment note under section 56 of this title.

 

-End-