Page:United States Statutes at Large Volume 110 Part 3.djvu/138

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110 STAT. 1868 PUBLIC LAW 104-188—AUG. 20, 1996 shall be treated as properly allocable to pre-FASIT interests if the fair market value of all such property does not exceed 107 percent of the aggregate principal amount of all outstanding pre-FASIT interests. (3) DEFINITIONS.— For purposes of this subsection— (A) PRE-EFFECTIVE DATE FASIT. —The term "pre-effective date FASIT" means any FASIT if the entity (with respect to which the election under section 860L(a)(3) of such Code was made) is in existence on August 31, 1997. (B) PRE-FASIT INTEREST. —The term "pre-FASIT interest" means any interest in the entity referred to in subparagraph (A) which was issued before the startup day (other than any interest held by the holder of the ownership interest in the FASIT). Subtitle G—Technical Corrections SEC. 1701. COORDINATION WITH OTHER SUBTITLES. For purposes of applying the amendments made by any subtitle of this title other than this subtitle, the provisions of this subtitle shall be treated as having been enacted immediately before the provisions of such other subtitles. 26 USC 1 note. SEC. 1702. AMENDMENTS RELATED TO REVENUE RECONCILIATION ACT OF 1990. (a) AMENDMENTS RELATED TO SUBTITLE A. — (1) Subparagraph (B) of section 59(j)(3) is amended by striking "section l(i)(3)(B)" and inserting "section 1(g)(3)(B)". (2) Clause (i) of section 151(d)(3)(C) is amended by striking "joint of a return" and inserting "joint return". (b) AMENDMENTS RELATED TO SUBTITLE B.— (1) Paragraph (1) of section 11212(e) of the Revenue 26 USC 6724. Reconciliation Act of 1990 is amended by striking "Paragraph (1) of section 6724(d)" and inserting "Subparagraph (B) of section 6724(d)(1)". (2)(A) Subparagraph (B) of section 4093(c)(2), as in effect before the amendments made by the Revenue Reconciliation Act of 1993, is amended by inserting before the period "unless such fuel is sold for exclusive use by a State or any political subdivision thereof. (B) Paragraph (4) of section 6427(1), as in effect before the amendments made by the Revenue Reconciliation Act of 1993, is amended by inserting before the period "unless such fuel was used by a State or any political subdivision thereof. (3) Paragraph (1) of section 6416(b) is amended by striking "chapter 32 or by section 4051" and inserting "chapter 31 or 32". (4) Section 7012 is amended— (A) by striking "production or importation of gasoline" in paragraph (3) and inserting "taxes on gasoline and diesel fuel", and (B) by striking paragraph (4) and redesignating paragraphs (5) and (6) as paragraphs (4) and (5), respectively. (5) Subsection (c) of section 5041 is amended by striking paragraph (6) and by inserting the following new paragraphs: " (6) CREDIT FOR TRANSFEREE IN BOND. —I f—