Page:United States Statutes at Large Volume 112 Part 1.djvu/837

 PUBLIC LAW 105-206-^ULY 22, 1998 112 STAT. 811 "(9) TREATMENT OF EASEMENTS GRANTED AFTER DEATH.— In any case in which the quahfied conservation easement is granted after the date of the decedent's death and on or before the due date (including extensions) for filing the return of tax imposed by section 2001, the deduction under section 2055(f) with respect to such easement shall be allowed to the estate but only if no charitable deduction is allowed under chapter 1 to any person with respect to the grant of such easement.". (2) The first sentence of paragraph (6) of section 2031(c) of the 1986 Code is amended by striking all that follows "shall be made" and inserting "on or before the due date (including extensions) for filing the return of tax imposed by section 2001 and shall be made on such return.". SEC. 6008. AMENDMENTS RELATED TO TITLE VII OF 1997 ACT. (a) AMENDMENT RELATED TO SECTION 1400 OF 1986 CODE.— Section 1400(b)(2)(B) of the 1986 Code is amended by inserting "as determined on the basis of the 1990 census" after "percent". (b) AMENDMENT RELATED TO SECTION 1400A OF 1986 CODE.— Subsection (a) of section 1400A of the 1986 Code is amended by inserting before the period "and section 1394(b)(3)(B)(iii) shall be applied without regard to the employee residency requirement". (c) AMENDMENTS RELATED TO SECTION 1400B OF 1986 CODE.— (1) Section 1400B(b) of the 1986 Code is amended by inserting after paragraph (4) the following new paragraph: "(5) TREATMENT OF DC ZONE TERMINATION.—The termination of the designation of the DC Zone shall be disregarded for purposes of determining whether any property is a DC Zone asset.". (2) Paragraph (6) of section 1400B(b) of the 1986 Code is amended by striking "(4)(A)(ii)" and inserting "(4)(A)(i) or (ii)". (3) Section 1400B(c) of the 1986 Code is amended by striking "entity which is an". (4) Section 1400B(d)(2) of the 1986 Code is amended by inserting "as determined on the basis of the 1990 census" after "percent". (d) AMENDMENTS RELATED TO SECTION 1400C OF 1986 CODE. — (1) Paragraph (1) of section 1400C(b) of the 1986 Code is amended by inserting "and subsection (d)" after "this subsection". (2) Paragraph (1) of section 1400C(c) of the 1986 Code is amended to read as follows: "(1) IN GENERAL. — The term 'first-time homebuyer' means any individual if such individual (and if married, such individual's spouse) had no present ownership interest in a principal residence in the District of Columbia during the 1-year period ending on the date of the purchase of the principal residence to which this section applies.". (3) Subparagraph (B) of section 1400C(e)(2) of the 1986 Code is amended by inserting before the period "on the date the taxpayer first occupies such residence". (4) Paragraph (3) of section 1400C(e) of the 1986 Code is amended by striking all that follows "principal residence" and inserting "on the date such residence is purchased.".

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