102 STAT. 3598
26 USC 501 note.
PUBLIC LAW 100-647—NOV. 10, 1988 "(iv) from the prepayment of a loan under section 306A, 306B, or 311 of the Rural Electrification Act of 1936 (as in effect on January 1, 1987)." (2) Subparagraph (C) of section 501(c)(12) of the 1986 Code is amended to read as follows: "(C) In the case of a mutual or cooperative electric company, subparagraph (A) shall be applied without taking into account any income received or accrued— "(i) from qualified pole rentals, or "(ii) fix>m the prepayment of a loan under section 306A, 306B, or 311 of the Rural Electrification Act of 1936 (as in effect on January 1, 1987)." (3) The amendments made by this subsection shall apply to taxable years ending after the date of the enactment of the Omnibus Bu(]^et Reconciliation Act of 1986. (b) AMENDMENTS RELATED TO SECTION 8011 OF THE ACT.—
Effective date. 26 USC 5061 note.
(1) The following provisions of the 1986 Code are each amended by striking out "the 14th day after the date on which" and inserting in lieu thereof "the 14th day after the last day of the semimonthly period during which": (A) Subparagraphs (A) and (B) of section 5061(d)(2). (B) Paragraph (3) of section 5061(d). (C) a a u s e s (i) and (ii) of section 5703(b)(2)(B). (D) Subparagraph (C) of section 5703(b)(2). (2) The amendments made by paragraph (1) shall take effect as if included in the amendments made by section 8011 of the Omnibus Budget Reconciliation Act of 1986. (c) AMENDMENT RELATED TO SECTION 8041 OF THE ACT.—
(1) IN GENERAL.—Paragraph (3) of section 901(j) of the 1986 Code is amended— (A) by striking out "Section 275" and inserting in lieu thereof "Sections 275 and 78", and (B) by inserting ", ETC." after "DEDUCTION" in the paragraph heading. 26 USC 901 note. (2) EFFECTIVE DATE.—The amendments made by paragraph (1) shall take effect on January 1, 1987. (d) AMENDMENT RELATED TO SECTION 9002 OF THE ACT.—Paragraph (3) of section 3509(d) of the 1986 Code is amended by striking out "subsection (d)(3)" and inserting in lieu thereof "subsection (d)(4)". SEC. 2004. AMENDMENTS RELATED TO THE REVENUE ACT OF 1987. (a) AMENDMENT RELATED TO SECTION 10101 OF THE ACT.—Section
26 USC 21 note.
10101(b) of the Revenue Act of 1987 is amended to read as follows: "(b) EFFECTIVE DATE.—
"(1) IN GENERAL.—The amendment made by subsection (a) shall apply to expenses paid in taxable years beginning after December 31, 1987. "(2) SPECIAL RULE FOR CAFETERIA PLANS.—For purposes of section 125 of the Internal Revenue Code of 1986, a plan shall not be treated as failing to be a cafeteria plan solely because under the plan a participant elected before January 1, 1988, to receive reimbursement under the plan for dependent care assistance for periods after December 31, 1987, and such assistance included reimbursement for expenses at a camp where the dependent stays overnight." (b) AMENDMENTS RELATED TO SECTION 10102 OF THE ACT.—
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