(1) In general The term qualified disaster expense means any expenditure— (A) which is paid or incurred in connection with a trade or business or with business-related property, (B) which is— (i) for the abatement or control of hazardous substances that were released due to a federally declared disaster occurring during the period beginning on January 1, 2012, and ending on December 31, 2022, (ii) for the removal of debris from, or the demolition of structures on, real property which is business-related property and which is damaged or destroyed as a result of a federally declared disaster occurring during such period, or (iii) for the repair of business-related property damaged as a result of a federally declared disaster occurring during any such period, and (C) which is otherwise chargeable to capital account. (2) Special rule for replanting of citrus plants lost by reason of casualty Amounts paid or incurred by a taxpayer in any taxable year beginning after December 31, 2016, for the replanting as described in section 263A(d)(2)(A) of citrus plants which were lost or damaged, due to disease or to a federally declared disaster, while such plants were in the hands of a person other than the taxpayer shall be treated as a qualified disaster expense of the taxpayer if— (A) such other person has an equity interest of not less than 50 percent in the replanted citrus plants at all times during the taxable year in which such amounts are paid or incurred, and the taxpayer holds any part of the remaining equity interest, or (B) the taxpayer acquired the entirety of such other person's equity interest in the land on which the lost or damaged citrus plants were located at the time of such loss or damage, and the replanting is on such land. (c) Other definitions For purposes of this section— (1) Business-related property The term business-related property means property which is— (A) held by the taxpayer for use in a trade or business or for the production of income, or (B) described in section 1221(a)(1) in the hands of