115 STAT. 150 PUBLIC LAW 107-16-JUNE 7, 2001 (1) escrow accounts or settlement funds established pursuant to the settlement of the action entitled "In re: Holocaust Victim Assets Litigation," (E.D.N.Y.) C.A. No. 96-4849, (2) funds to benefit eligible individuals or their heirs created by the International Commission on Holocaust Insurance Claims as a result of the Agreement between the Government of the United States of America and the Government of the Federal Republic of Germany concerning the Foundation "Remembrance, Responsibility, and Future," dated July 17, 2000, or (3) similar funds subject to the administration of the United States courts created to provide excludable restitution payments to eligible individuals (or eligible individuals' heirs or estates), (e) EFFECTIVE DATE. — (1) IN GENERAL.— T his section shall apply to any amount received on or after January 1, 2000. (2) No INFERENCE. —Nothing in this Act shall be construed to create any inference with respect to the proper tax treatment of any amount received before January 1, 2000. TITLE IX—COMPLIANCE WITH CONGRESSIONAL BUDGET ACT 26 USC 1 note. SEC. 901. SUNSET OF PROVISIONS OF ACT. (a) IN GENERAL. —All provisions of, and amendments made by, this Act shall not apply— (1) to taxable, plan, or limitation years beginning after December31, 2010, or (2) in the case of title V, to estates of decedents dying, gifts made, or generation skipping transfers, after December 31, 2010. (b) APPLICATION OF CERTAIN LAWS. — The Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 shall be applied and administered to years, estates, gifts, and transfers described in subsection (a) as if the provisions and amendments described in subsection (a) had never been enacted. Approved June 7, 2001. LEGISLATIVE HISTORY—H.R. 1836: HOUSE REPORTS: No. 107-84 (Comm. of Conference). CONGRESSIONAL RECORD, Vol. 147 (2001): May 16, considered and passed House. May 17, 21-23, considered and passed Senate, amended. May 25, House agreed to conference report. May 26, Senate agreed to conference report. WEEKLY COMPILATION OF PRESIDENTLVL DOCUMENTS, Vol. 37 (2001): June 7, Presidential remarks.
�
