sumed by such organizations, trades, or
businesses;
(iii) the related organizations, trades,
or businesses whose prices or results are
tested to determine compliance with transfer
pricing methodologies prescribed in ad-
vanced pricing agreements;
(iv) methodologies used to evaluate test-
ed parties and transactions and the cir-
cumstances leading to the use of those meth-
odologies;
(v) critical assumptions made and
sources of comparables used;
(vi) comparable selection criteria and
the rationale used in determining such cri-
teria;
(vii) the nature of adjustments to
comparables or tested parties;
(viii) the nature of any ranges agreed
to, including information regarding when
no range was used and why, when inter-
quartile ranges were used, and when there
was 
a 
statistical 
narrowing 
of 
the
comparables;
(ix) adjustment mechanisms provided
to rectify results that fall outside of the
agreed upon advance pricing agreement
range;
(x) the various term lengths for ad-
vance pricing agreements, including roll-
back years, and the number of advance
pricing agreements with each such term
length;
(xi) the nature of documentation re-
quired; and
(xii) approaches for sharing of cur-
rency or other risks.
(E) Statistics regarding the amount of time
taken to complete new and renewal advance pric-
ing agreements.
(F) A detailed description of the Secretary
of the Treasury’s efforts to ensure compliance
with existing advance pricing agreements.
(3) CONFIDENTIALITY.—The reports required by
this subsection shall be treated as authorized by the
Internal Revenue Code of 1986 for purposes of section
6103 of such Code, but the reports shall not include
information—
(A) which would not be permitted to be dis-
closed under section 6110(c) of such Code if such
report were a written determination as defined
in section 6110 of such Code, or
(B) which can be associated with, or other-
wise identify, directly or indirectly, a particular
taxpayer.
(4) FIRST
REPORT.—The report for calendar
year 1999 shall include prior calendar years after
1990.
(c) REGULATIONS.—The Secretary of the Treasury or
the Secretary’s delegate shall prescribe such regulations as
may be necessary or appropriate to carry out the purposes
of section 6103(b)(2)(C), and the last sentence of section
6110(b)(1), of the Internal Revenue Code of 1986, as added
by this section.
SEC. 202. INCLUSION OF CERTAIN VACCINES AGAINST
STREPTOCOCCUS PNEUMONIAE TO LIST OF
TAXABLE VACCINES.
(a) INCLUSION OF VACCINES.—
(1) IN GENERAL.—Section 4132(a)(1) of the In-
ternal Revenue Code of 1986 (defining taxable vac-
cine) is amended by adding at the end the following
new subparagraph:
‘‘(L) Any conjugate vaccine against strepto-
coccus pneumoniae.’’.
(2) EFFECTIVE DATE.—
(A) SALES.—The amendment made by this
subsection shall apply to vaccine sales beginning
on the day after the date on which the Centers
for Disease Control makes a final recommenda-
tion for routine administration to children of
any conjugate vaccine against streptococcus
pneumoniae, but shall not take effect if sub-
section (b) does not take effect.
(B) DELIVERIES.—For purposes of sub-
paragraph (A), in the case of sales on or before
the date described in such subparagraph for
which delivery is made after such date, the deliv-
ery date shall be considered the sale date.
(b) VACCINE TAX AND TRUST FUND AMENDMENTS.—
(1) Sections 1503 and 1504 of the Vaccine In-
jury Compensation Program Modification Act (and
the amendments made by such sections) are hereby re-
pealed.
(2) Subparagraph (A) of section 9510(c)(1) is
amended by striking ‘‘August 5, 1997’’ and inserting
‘‘October 21, 1998’’.
(3) The amendments made by this subsection
shall take effect as if included in the provisions of the
Tax and Trade Relief Extension Act of 1998 to which
they relate.
(c) REPORT.—Not later than December 31, 1999, the
Comptroller General of the United States shall prepare and
submit a report to the Committee on Ways and Means of
the House of Representatives and the Committee on Finance
of the Senate on the operation of the Vaccine Injury Com-
pensation Trust Fund and on the adequacy of such Fund
to meet future claims made under the Vaccine Injury Com-
pensation Program.
SEC. 203. AUTHORITY TO POSTPONE CERTAIN TAX-RE-
LATED DEADLINES BY REASON OF Y2K FAIL-
URES.
(a) IN GENERAL.—In the case of a taxpayer deter-
mined by the Secretary of the Treasury (or the Secretary’s
delegate) to be affected by a Y2K failure, the Secretary may
disregard a period of up to 90 days in determining, under
the internal revenue laws, in respect of any tax liability
(including any interest, penalty, additional amount, or ad-
dition to the tax) of such taxpayer—
(1) whether any of the acts described in para-
graph (1) of section 7508(a) of the Internal Revenue
Code of 1986 (without regard to the exceptions in pa-
rentheses in subparagraphs (A) and (B)) were per-
formed within the time prescribed therefor, and
(2) the amount of any credit or refund.
(b) APPLICABILITY OF CERTAIN RULES.—For pur-
poses of this section, rules similar to the rules of subsections
(b) and (e) of section 7508 of the Internal Revenue Code
of 1986 shall apply.
TITLE III—REVENUE OFFSET
SEC. 301. MODIFICATION OF ESTIMATED TAX SAFE HAR-
BOR.
(a) IN GENERAL.—The table contained in clause
(i) of section 6654(d)(1)(C) of the Internal Revenue Code
of 1986 (relating to limitation on use of preceding year’s
tax) is amended by striking the item relating to 1999 or
2000 and inserting the following new items:
‘‘1999 ..............................................................................................
108.5
2000 .............................................................................................
106’’.
(b) EFFECTIVE DATE.—The amendment made by
this section shall apply with respect to any installment
payment for taxable years beginning after December 31,
1999.