26 USC § 244 - Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043]
---
identifier: "/us/usc/t26/s244"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 244 - Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043]"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "244"
section_name: "Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043]"
chapter_number: 1
chapter_name: "NORMAL TAXES AND SURTAXES"
subchapter_number: "B"
subchapter_name: "Computation of Taxable Income"
part_number: "VIII"
part_name: "SPECIAL DEDUCTIONS FOR CORPORATIONS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---
# [§ 244. Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043]
Section, , ; , , ; , , ; , , ; , , ; , , , allowed to corporations as a deduction a percentage of the amount received as dividends on the preferred stock of a public utility.
## Statutory Notes and Related Subsidiaries
### Effective Date of Repeal
Repeal not applicable to preferred stock issued before (determined in the same manner as under as in effect before its repeal by ), see , set out as an Effective Date of 2014 Amendment note under .
Except as otherwise provided in , repeal effective , subject to a savings provision, see , set out as an Effective Date of 2014 Amendment note under .