Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
58 lines
2.9 KiB
Markdown
58 lines
2.9 KiB
Markdown
---
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type: "LegalText"
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title: "26 U.S.C. § 84"
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description: "Transfer of appreciated property to political organizations"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 26
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title_name: "INTERNAL REVENUE CODE"
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chapter_number: "1"
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chapter_name: "NORMAL TAXES AND SURTAXES"
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section: "84"
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citation: "26 U.S.C. § 84"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc26@119-100.zip"
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source_identifier: "/us/usc/t26/s84"
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source_file: "data/legal/raw/us/code/title-26/usc26.xml"
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source_hash: "b592284b50137a436f60bc701e18f3bd920a3bd0856d395d99b0514848c7a57e"
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raw_snapshot_hash: "a261f094809116f42a96648a3d5eee80fa010379d67412551c21dd5c900b27f4"
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text_hash: "67a9312ea15416e4a418e32c9e5d001483c5475205989becd54c14e1baced2a6"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 26 U.S.C. § 84 - Transfer of appreciated property to political organizations
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## Text
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(a) General rule If—
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(1) any person transfers property to a political organization, and
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(2) the fair market value of such property exceeds its adjusted basis,
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then for purposes of this chapter the transferor shall be treated as having sold such property to the political organization on the date of the transfer, and the transferor shall be treated as having realized an amount equal to the fair market value of such property on such date.
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(b) Basis of property In the case of a transfer of property to a political organization to which subsection (a) applies, the basis of such property in the hands of the political organization shall be the same as it would be in the hands of the transferor, increased by the amount of gain recognized to the transferor by reason of such transfer.
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(c) Political organization defined For purposes of this section, the term “political organization” has the meaning given to such term by section 527(e)(1).
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(Added Pub. L. 93–625, § 13(a)(1), Jan. 3, 1975, 88 Stat. 2120; amended Pub. L. 115–141, div. U, title IV, § 401(a)(35), Mar. 23, 2018, 132 Stat. 1186.)
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## Notes
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Editorial Notes
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Amendments2018—Pub. L. 115–141 substituted “political organizations” for “political organization” in section catchline.
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Statutory Notes and Related Subsidiaries
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Effective DatePub. L. 93–625, § 13(b), Jan. 3, 1975, 88 Stat. 2121, provided that: “The amendments made by subsection (a) [enacting this section] shall apply to transfers made after May 7, 1974, in taxable years ending after such date.”
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Nonrecognition of Gain or Loss Where Organization Sold Contributed Property Before August 2, 1973Pub. L. 93–625, § 13(c), Jan. 3, 1975, 88 Stat. 2121, provided that in the case of the sale or exchange of property before Aug. 2, 1973, which was acquired by the exempt political organization by contribution, no gain or loss shall be recognized by such organization.
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