(a)
In general— Section 4411 of the Internal Revenue Code of 1986 is
amended—
(1)
by striking “section 4401” and inserting “section 4401(a)(2)”,
(2)
by striking subsection (b), and
(3)
by striking “(a) In general.—”.
(b)
Effective date— The amendments made by this section shall apply to taxable periods beginning after the date of the enactment of this Act.