Page:United States Statutes at Large Volume 92 Part 3.djvu/307

 PUBLIC LAW 95-600—NOV. 6, 1978 (4) CLERICAL AMENDMENT TO SECTION 6324B(b).—Subsection (b)

92 STAT. 2939 26 USC 6324.

of section 6324B (relating to period of lien for additional estate tax attributable to farm, etc., valuation) is amended by striking out "qualified farm real property" and inserting in lieu thereof "qualified real property". (5) EFFECTIVE DATE.—The amendments made by this subsection 26 USC 6698 shall apply to estates of decedents dying after December 31, 1976. note. SEC. 703. CORRECTIONS OF PUNCTUATION, SPELLING, INCORRECT CROSS REFERENCES, ETC. (a) ERRONEOUS CROSS REFERENCE IN INVESTMENT CREDIT.— (1) AMENDMENT OF SECTION 46(f)(8).—The first sentence of

26 USC 46.

paragraph (8) of section 46(f) is amended by striking out "subsection (a)(6)(D)" and inserting in lieu thereof "subsection (a)(7)(D)". (2) AMENDMENT OF SECTION 46(g)(5).—Paragraph (5) of section

46(g) (relating to definitions) is amended by striking out "Mer- 46 USC 1245 chant Marine Act, 1970" and inserting in lieu thereof "Merchant "ote. Marine Act, 1936". 46 USC 1101 et (3) AMENDMENT OF SECTION 48(d)(1)(B).—Subparagraph (B) of seq.

section 48(d)(1) is amended by striking out "section 46(a)(5)" and inserting in lieu thereof "section 46(a)(6)". (4) AMENDMENT OF SECTION 48(d)(4)(D).—Subparagraph (D) of

26 USC 48.

section 48(d)(4) is amended by striking out "section 57(c)(2)" and 26 USC 57. inserting in lieu thereof "section 57(c)(1)(B)". f\\) PRPPATD TJPCAT SFRVTCKS

(1) Paragraph (2) of section 2134(e) of the Tax Reform Act of 1976 is amended by striking out "section 120(d)(6)" and inserting in lieu thereof "section 120(d)(7)". (2) Paragraph (20) of section 501(c) is amended by striking out "section 501(c)(20)" and inserting in lieu thereof "this paragraph".

26 USG 120 note. 26 USC 120. 26 USC 501.

(c) AMENDMENTS RELATING TO SECTIONS 219 AND 220.— (1) AMENDMENT OF SECTION 219(C)(4).—Paragraph (4) of section

219(c) (relating to participation in governmental plans by certain individuals) is amended by striking out "subsection (b)(3)(A)(iv)" each place it appears and inserting in lieu thereof "subsection (b)(2)(A)(iv)".

26 USC 219.

(2) AMENDMENT OF SECTION 220(b)(1)(A).—Subparagraph (A) of

section 220(b)(1) (relating to retirement savings for certain mar- 26 USC 220. ried individuals) is amended by striking out "amount paid to the account or annuity, or for the bond" and inserting in lieu thereof "amount paid to the account, for the annuity, or for the bond". (3) AMENDMENT OF SECTION 220(b)(4).—Paragraph (4) of section

22(b) is amended by inserting "described in subsection (a)" after "any payment". (4) AMENDMENT OF SECTION 408(d)(4).—Subparagraph (A) of

26 USC 408.

section 1501(b)(5) of the Tax Reform Act of 1976 is amended to read as follows: "(A) by inserting 'or 220' after '219' each place it appears, and". (5) EFFECTIVE DATE.—The amendments made by this subsection 26 USC 46 note. shall apply to taxable years beginning after December 31, 1976. (d) ACCRUAL ACCOUNTING FOR F A R M CORPORATIONS.—Subsections

(a) and (g)(2) of section 447 a r e each amended by striking out 26 USC 447. "preproductive expenses" and inserting in lieu thereof "preproductive period expenses". (e) AMENDMENT O F SECTION 911.—Subsection (c) of section 911 is

amended by redesignating paragraph (8) as paragraph (7).

26 USC 911.

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