PUBLIC LAW 101-508—NOV. 5, 1990 104 STAT. 1388-507 (D) Subparagraph (F) of section 42(h)(6) is Eimended by inserting "the nonlow-income portion of the building for fair market value and" before "the low-income portion". (9) Subclause (I) of section 42(h)(6)(E)(i) is amended by inserting before the comma "unless the Secretary determines that such acquisition is part of an arrangement with the taxpayer a purpose of which is to terminate such period". (10) Paragraph (8) of section 42(i) is redesignated as paragraph (7). (11) Paragraph (2) of section 7108(r) of the Revenue Reconciliation Act of 1989 is amended by inserting before the period "but 26 USC 42 note, only with respect to bonds issued after such date". (12) Paragraph (6) of section 7108(r) of the Revenue Reconciliation Act of 1989 is amended by inserting "after" after "issued". (b) AMENDMENTS RELATED TO SECTION 7202. — (1) Subparagraph (A) of section 163(e)(5) is amended by striking the last sentence and inserting the following: "For purposes of this paragraph, rules similar to the rules of subsection (i)(3)(B) shall apply in determining the amount of the original issue discount and when the original issue discount is paid." (2) Paragraph (3) of section 163(i) is amended— (A) by striking "(or stock)" each place it appears in suljparagraph (B), and (B) by adding at the end thereof the following new sentence: "Except for purposes of paragraph (1)(B), any reference to an obligation in subparagraph (B) of this paragraph shall be treated as including a reference to stock." (c) AMENDMENTS RELATED TO SECTION 7210. — (1) Subparagraph (C) of section 163(j)(2) is amended by striking "less such" and inserting "reduced (but not below zero) by such". (2) Clause (ii) of section 163(j)(2)(A) is amended by striking "and on such other days" and inserting "or on any other day". (d) AMENDMENTS RELATED TO SECTION 7211. —Clause (iii) of section 172(b)(l)(M) is amended— (1) by striking "a C corporation" in the material preceding sulDclause (I), (2) by striking "which acquires" in subclause (I) and inserting "a C corporation which acquires", (3) by striking "a corporation" in subclause (II) and inserting "a C corporation", and (4) by striking "any successor corporation" in subclause (III) and inserting "any C corporation which is a successor". (e) AMENDMENTS RELATED TO SECTION 7301.— (1) Paragraph (2) of section 4978B(e) is amended to read as follows: "(2) SECTION 133 SECURITIES. — The term 'section 133 securities' means employer securities acquired by an employee stock ownership plan in a transaction to which section 133 applied." (2) Subsection (d) of section 4978B is amended by adding at the end thereof the following new paragraph: "(4) COORDINATION WITH OTHER TAXES. —T his section shall not apply to any disposition which is subject to tax under section 4978 or section 4978A (as in effect on the day before the date of enactment of this section)."
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