(a)
In general— Chapter 32 of the Internal Revenue Code of 1986 is amended by striking subchapter E.
(b)
Conforming amendments—
(1)
Subsection (a) of section 4221 of such Code is amended by striking the last sentence.
(2)
Paragraph (2) of section 6416(b) of such Code is amended by striking the last sentence.
(c)
Clerical amendment— The table of subchapters for chapter 32 of such Code is amended by striking the item relating to subchapter E.
(d)
Effective date— The amendments made by this section shall apply to sales in calendar quarters beginning after the date of the enactment of this Act.