DEDUCTION FOR SPECIAL ASSESSMENTS.

SEC. 2711. [26 U.S.C. 162 nt] DEDUCTION FOR SPECIAL ASSESSMENTS. For purposes of subtitle A of the Internal Revenue Code of 1986— (1) the amount allowed as a deduction under section 162 of such Code for a taxable year shall include any amount paid during such year by reason of an assessment under section 2702 of this subtitle, and (2) section 172(f) of such Code shall not apply to any deduction described in paragraph (1).