OTHER ITEMS OF FEDERAL CONFORMITY
| ACT § | FEDERAL LAW | IRC § | CALIFORNIA LAW | CRTC § |
| N/A | Repealed the amortization of child care facilities on 12/31/81 | 188 | Conforms (SB 455); Eff. 1/1/97 | 24371.5 [repealed] |
| N/A | Deferral of deposits for shipbuilding | 26 and 7518 | Conforms (SB 455); Eff. 1/1/97 | 17088.3, 23456, 24402, 24272.5 |
| N/A | Exempts Polish bonds from OID | 7872 | Conforms (SB 455); Eff. 1/1/97 | 18180 and 24993 |
| N/A | Denies deduction for ads in political programs | 276 | Conforms (SB 455); Eff. 1/1/97 | 17283 and 24429 |
| N/A | Permits 7-year amortization of forest land | 194 | Conforms (SB 455); Eff. 1/1/97 | 17201, 17278.5 and 24372.5 |
| N/A | Requires copy of federal 5471 to be filed for a controlled foreign corporation | 6038B | Conforms (SB 455); Eff. 1/1/97 | 19141.2, 19141.5 and 25112 |
| Bill number cited above:
SB 455 (Alpert, Stats. 1997, Ch. 611) |
||||