PUBLIC LAW 94-455—OCT. 4, 1976
90 STAT. 1775
enactment of the Employee Retirement Income Security Act • of 1974" and inserting in lieu thereof "September 2, 1974". 29 USC 1001 (E) Subsection (e)(2) of section 411 is amended by strik- nothi n g out " the date before the date of the enactment of the Employee Retirement Income Security Act of 1974" and "^^ ^^^ *^^inserting in lieu thereof "September 1, 1974". (63) AMENDMENTS o r SECTION 412.—
(A) Subsection (h) of section 412 (relating to minimum 26 USC 412. funding standards) is amended by striking out " the d a y before the date of the enactment of the Employee Retirement Income Security Act of 1974" and inserting in lieu thereof '^ '"" " "September 1, 1974". . " (B) Subsection (h)(5) of section 412 is amended by striking out " the date of the enactment of the Employee Retirement Income Security Act of 1974" and inserting in lieu thereof "September 2, 1974". (64)
AMENDMENTS OF SECTION 414.—
(A) The heading for section 414(f) (relating to multiemployer plans) is amended to read as follows: "(f)
26 USC 414.
MULTIEMPLOYER P L A N. — "
(B) Section 414(1) (relating to mergers and consolidations of plans or transfers of plan assets) is amended by striking out " the date of the enactment of the Employee Retirement Income Security Act of 1974" and inserting in lieu thereof "September 2, 1974". (65)
AMENDMENTS OF SECTION 415.—
(A) Section 4 1 5 (b)(2)(A) (relating to adjustments for 26 USC 415. certain forms of benefits) is amended by striking out "and 409(b)(3)(C) " and inserting in lieu thereof " and 409(b)(3)
(C))"(B) Section 4 1 5 (b)(2)(B) is amended by s t r i k m g out " ( a s defined in section 401(a) (11) ( II) ( i i i)) " and inserting in lieu thereof " ( a s defined in section 401(a) (11)(G) ( i i i)) ". (66)
AMENDMENTS OP SECTION 453.—
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(A) Section 453(c)(3) (relating to adjustment in tax for 26 USC 453. amounts previously taxed) is amended by striking out "corresponding provisions of the Internal Revenue Code of 1939" and inserting in lieu thereof "corresponding provisions of the I n t e r n a l Revenue Code of 1954". (B) Section 4 5 3 (d)(4)(B) (relating to liquidations to which section 337 applies) is amended by striking out " o r section 617(d)(1) " and inserting in lieu thereof, 617(d) (1)". (67)
AMENDMENT
OF SECTION
455.—Section 4 5 5 (c)(3)(B)
26 USC 455.
(relating to prepaid subscription income) is amended by striking out "for his first taxable year (i) which begins after December 31, 1957, and (ii) in which he receives prepaid subscription income in the trade or business" and inserting in lieu thereof "for his first taxable year in which he receives prepaid subscription income in the trade or business". (68)
AMENDMENT
OF SECTION
456.—Section 4 5 6 (c)(3)(B)
(relating to election without consent with respect to treatment of prepaid dues) is amended by striking out "for its first taxable year (i) which begins after December 31, 1960, and ( i i) " and inserting in lieu thereof "for its first taxable year". (69)
AMENDMENTS OF SECTION 4 6 I. —
26 USC 456.
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