SEC. 403. AMENDMENTS RELATED TO TAXPAYER RELIEF
ACT OF 1997.
(a) AMENDMENTS RELATED TO SECTION 202 OF
1997 ACT.—
(1) Paragraph (2) of section 163(h) of the
1986 Code is amended by striking ‘‘and’’ at the end
of subparagraph (D), by striking the period at the
end of subparagraph (E) and inserting ‘‘, and’’, and
by adding at the end the following new subpara-
graph:
‘‘(F) any interest allowable as a deduction
under section 221 (relating to interest on edu-
cational loans).’’
(2)(A) Subparagraph (C) of section 221(b)(2)
of the 1986 Code is amended—
(i) by striking ‘‘135, 137,’’ in clause (i),
(ii) by inserting ‘‘135, 137,’’ after ‘‘sec-
tions 86,’’ in clause (ii), and
(iii) by striking the last sentence.
(B) Sections 86(b)(2)(A), 135(c)(4)(A), and
219(g)(3)(A)(ii) of the 1986 Code are each amended
by inserting ‘‘221,’’ after ‘‘137,’’.
(C) Subparagraph (A) of section 137(b)(3) of
the 1986 Code is amended by inserting ‘‘221,’’ be-
fore ‘‘911,’’.
(D) Clause (iii) of section 469(i)(3)(E) of the
1986 Code is amended to read as follows:
‘‘(iii) the amounts allowable as a de-
duction under sections 219 and 221, and’’.
(3) The last sentence of section 221(e)(1) of
the 1986 Code is amended by inserting before the
period ‘‘or to any person by reason of a loan under
any qualified employer plan (as defined in section
72(p)(4)) or under any contract referred to in sec-
tion 72(p)(5)’’.
(b) PROVISION RELATED TO SECTION 311 OF 1997
ACT.—In the case of any capital gain distribution made
after 1997 by a trust to which section 664 of the 1986
Code applies with respect to amounts properly taken into
account 
by 
such 
trust 
during 
1997, 
paragraphs
(5)(A)(i)(I), (5)(A)(ii)(I), and (13)(A) of section 1(h) of
the 1986 Code (as in effect for taxable years ending on
December 31, 1997) shall not apply.
(c) AMENDMENT RELATED TO SECTION 506 OF 1997
ACT.—Section 2001(f)(2) of the 1986 Code is amended
by adding at the end the following:
‘‘For purposes of subparagraph (A), the value of an
item shall be treated as shown on a return if the
item is disclosed in the return, or in a statement at-
tached to the return, in a manner adequate to ap-
prise the Secretary of the nature of such item.’’.
(d) AMENDMENTS RELATED TO SECTION 904 OF
1997 ACT.—
(1) Paragraph (1) of section 9510(c) of the
1986 Code is amended to read as follows:
‘‘(1) IN GENERAL.—Amounts in the Vaccine In-
jury Compensation Trust Fund shall be available, as
provided in appropriation Acts, only for—
‘‘(A) the payment of compensation under
subtitle 2 of title XXI of the Public Health
Service Act (as in effect on August 5, 1997) for
vaccine-related injury or death with respect to
any vaccine—
‘‘(i) which is administered after Sep-
tember 30, 1988, and
‘‘(ii) which is a taxable vaccine (as de-
fined in section 4132(a)(1)) at the time
compensation is paid under such subtitle 2,
or
‘‘(B) the payment of all expenses of admin-
istration (but not in excess of $9,500,000 for
any fiscal year) incurred by the Federal Gov-
ernment in administering such subtitle.’’.
(2) Section 9510(b) of the 1986 Code is amend-
ed by adding at the end the following new para-
graph:
‘‘(3) LIMITATION ON TRANSFERS TO VACCINE
INJURY COMPENSATION TRUST FUND.—No amount
may be appropriated to the Vaccine Injury Com-
pensation Trust Fund on and after the date of any
expenditure from the Trust Fund which is not per-
mitted by this section. The determination of whether
an expenditure is so permitted shall be made without
regard to—
‘‘(A) any provision of law which is not con-
tained or referenced in this title or in a revenue
Act, and
‘‘(B) whether such provision of law is a
subsequently enacted provision or directly or in-
directly seeks to waive the application of this
paragraph.’’.
(e) AMENDMENTS RELATED TO SECTION 915 OF
1997 ACT.—
(1) Section 915 of the 1997 Act is amended—
(A) in subsection (b), by inserting ‘‘or
1998’’ after ‘‘1997’’, and
(B) by amending subsection (d) to read as
follows:
‘‘(d) EFFECTIVE DATE.—This section shall apply to
taxable years ending with or within calendar year 1997.’’.
(2) Paragraph (2) of section 6404(h) of the
1986 Code is amended by inserting ‘‘Robert T. Staf-
ford’’ before ‘‘Disaster’’.
(f) AMENDMENTS RELATED TO SECTION 1012 OF
1997 ACT.—
(1) Paragraph (2) of section 351(c) of the 1986
Code, as amended by section 6010(c) of the 1998
Act, is amended by inserting ‘‘, or the fact that the
corporation whose stock was distributed issues addi-
tional stock,’’ after ‘‘dispose of part or all of the dis-
tributed stock’’.
(2) Clause (ii) of section 368(a)(2)(H) of the
1986 Code, as amended by section 6010(c) of the
1998 Act, is amended by inserting ‘‘, or the fact
that the corporation whose stock was distributed
issues additional stock,’’ after ‘‘dispose of part or all
of the distributed stock’’.
(g) PROVISION RELATED TO SECTION 1042 OF 1997
ACT.—Rules similar to the rules of section 1.1502-
75(d)(5) of the Treasury Regulations shall apply with re-
spect to any organization described in section 1042(b) of
the 1997 Act.
(h) AMENDMENT RELATED TO SECTION 1082 OF
1997 ACT.—Subparagraph (F) of section 172(b)(1) of the
1986 Code is amended by adding at the end the following
new clause:
‘‘(iv) COORDINATION
WITH
PARA-
GRAPH
(2).—For purposes of applying
paragraph (2), an eligible loss for any tax-
able year shall be treated in a manner
similar to the manner in which a specified
liability loss is treated.’’
(i) AMENDMENT RELATED
TO SECTION 1084 OF
1997 ACT.—Paragraph (3) of section 264(f) of the 1986
Code is amended by adding at the end the following flush
sentence:
‘‘If the amount described in subparagraph (A) with
respect to any policy or contract does not reasonably
approximate its actual value, the amount taken into
account under subparagraph (A) shall be the greater
of the amount of the insurance company liability or
the insurance company reserve with respect to such
policy or contract (as determined for purposes of the
annual statement approved by the National Associa-
tion of Insurance Commissioners) or shall be such
other amount as is determined by the Secretary.’’
ing ‘‘for casualty or theft losses described in para-
graph (2) or (3) of section 165(c) or for losses de-
scribed in section 165(d)’’.
(2) Paragraph (3) of section 68(c) of the 1986
Code is amended by striking ‘‘for losses described in
subsection (c)(3) or (d) of section 165’’ and insert-
ing ‘‘for casualty or theft losses described in para-
graph (2) or (3) of section 165(c) or for losses de-
scribed in section 165(d)’’.
(3) Paragraph (1) of section 873(b) is amended
to read as follows:
‘‘(1) LOSSES.—The deduction allowed by sec-
tion 165 for casualty or theft losses described in
paragraph (2) or (3) of section 165(c), but only if
the loss is of property located within the United
States.’’
(c) EFFECTIVE DATES.—
(1) The amendments made by subsections (a)
and (b)(3) shall apply to taxable years beginning
after December 31, 1983.
(2) The amendment made by subsection (b)(1)
shall apply to taxable years beginning after Decem-
ber 31, 1986.
(3) The amendment made by subsection (b)(2)
shall apply to taxable years beginning after Decem-
ber 31, 1990.
SEC. 405. OTHER AMENDMENTS.
(a) AMENDMENTS RELATED TO SECTION 6103 OF
1986 CODE.—
(1) Subsection (j) of section 6103 of the 1986
Code is amended by adding at the end the following
new paragraph:
‘‘(5) DEPARTMENT
OF
AGRICULTURE.—Upon
request in writing by the Secretary of Agriculture,
the Secretary shall furnish such returns, or return
information reflected thereon, as the Secretary may
prescribe by regulation to officers and employees of
the Department of Agriculture whose official duties
require access to such returns or information for the
purpose of, but only to the extent necessary in,
structuring, preparing, and conducting the census of
agriculture pursuant to the Census of Agriculture
Act of 1997 (Public Law 105–113).’’.
(2) Paragraph (4) of section 6103(p) of the
1986 Code is amended by striking ‘‘(j)(1) or (2)’’ in
the material preceding subparagraph (A) and in sub-
paragraph (F) and inserting ‘‘(j)(1), (2), or (5)’’.
(3) The amendments made by this subsection
shall apply to requests made on or after the date of
the enactment of this Act.
(b) AMENDMENT RELATED TO SECTION 9004 OF
TRANSPORTATION EQUITY ACT
FOR
THE 21ST CEN-
TURY.—
(1) Paragraph (2) of section 9503(f) of the
1986 Code is amended to read as follows:
‘‘(2) notwithstanding section 9602(b), obliga-
tions held by such Fund after September 30, 1998,
shall be obligations of the United States which are
not interest-bearing.’’
(2) The amendment made by paragraph (1)
shall take effect on October 1, 1998.
(c) CLERICAL AMENDMENTS.—
(1) Clause (i) of section 51(d)(6)(B) of the
1986 Code is amended by striking ‘‘rehabilitation
plan’’ and inserting ‘‘plan for employment’’. The ref-
erence to ‘‘plan for employment’’ in such clause shall
be treated as including a reference to the rehabilita-
tion plan referred to in such clause as in effect be-
fore the amendment made by the preceding sen-
tence.
(2) Paragraph (3) of section 56(a) of the 1986
Code is amended by striking ‘‘section 460(b)(2)’’
and inserting ‘‘section 460(b)(1)’’ and by striking
‘‘section 
460(b)(4)’’ 
and 
inserting 
‘‘section
460(b)(3)’’.
(3) Subparagraphs (C) and (D) of section
6693(a)(2) of the 1986 Code are each amended by
striking ‘‘Section’’ and inserting ‘‘section’’.
(4) Paragraph (10) of section 2031(c) of the
1986 Code is amended by striking ‘‘section
2033A(e)(3)’’ and inserting ‘‘section 2057(e)(3)’’.
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