115 STAT. 148 PUBLIC LAW 107-16^JUNE 7, 2001 by inserting after the item relating to section 6039G the following new item: "Sec. 6039H. Information with respect to Alaska Native Settlement Trusts and sponsoring Native Corporations.". Applicability. (d) EFFECTIVE DATE. —The amendments made by this section 26 USC 646 note, shall apply to taxable years ending after the date of the enactment of this Act and to contributions made to electing Settlement Trusts for such year or any subsequent year. TITLE VII—ALTERNATIVE MINIMUM TAX SEC. 701. INCREASE IN ALTERNATIVE MINIMUM TAX EXEMPTION. (a) IN GENERAL.— (1) Subparagraph (A) of section 55(d)(1) (relating to exemption amount for taxpayers other than corporations) is amended by striking "$45,000" and inserting "$45,000 ($49,000 in the case of taxable years beginning in 2001, 2002, 2003, and 2004)". (2) Subparagraph (B) of section 55(d)(1) (relating to exemption amount for taxpayers other than corporations) is amended by striking "$33,750" and inserting "$33,750 ($35,750 in the case of taxable years beginning in 2001, 2002, 2003, and 2004)". (b) CONFORMING AMENDMENTS. — (1) Paragraph (1) of section 55(d) is amended by striking "and" at the end of subparagraph (B), by striking subparagraph (C), and by inserting after subparagraph (B) the following new subparagraphs: "(C) 50 percent of the dollar amount applicable under paragraph (1)(A) in the case of a married individual who files a separate return, and "(D) $22,500 in the case of an estate or trust.". (2) Subparagraph (C) of section 55(d)(3) is amended by striking "paragraph (1)(C)" and inserting "subparagraph (C) or (D) of paragraph (1)". (3) The last sentence of section 55(d)(3) is amended— (A) by striking "paragraph (l)(C)(i)" and inserting " paragraph (1)(C)"; and (B) by striking "$165,000 or (ii) $22,500" and inserting "the minimum amount of such income (as so determined) for which the exemption amount under paragraph (1)(C) is zero, or (ii) such exemption amount (determined without regard to this paragraph)". Applicability. (c) EFFECTIVE DATE. —The amendments made by this section 26 USC 55 note. shall apply to taxable years beginning after December 31, 2000. TITLE VIII—OTHER PROVISIONS 26 USC 6655 SEC. 801. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES. Notwithstanding section 6655 of the Internal Revenue Code of 1986— (1) 100 percent of the amount of any required installment of corporate estimated tax which is otherwise due in September 2001 shall not be due until October 1, 2001; and
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