104 STAT. 1388-558 PUBLIC LAW 101-508—NOV. 5, 1990 (2) Subparagraph (B) of section 613(e)(l) is amended to read as follows: "(B) 15 percent shall be deemed to be the percentage specified in subsection (b),". (3) Sections 57(a)(2)(D)(ii), 263(c), and 465(c)(1)(E) are each amended by striking "section 613(e)(3)" and inserting "section 613(e)(2)". SEC. 11816. ELIMINATION OF EXPIRED PROVISIONS IN SECTION 29. (a) GENERAL RULE. — Paragraph (1) of section 29(c) is amended by inserting "and" at the end of subparagraph (B), by striking the comma at the end of subparagraph (C) and inserting a period, and by striking subparagraphs (D) and (E).. (b) CONFORMING AMENDMENTS. — (1) Subsection (c) of section 29 is amended by striking paragraphs (4) and (5). (2) Paragraph (4) of section 29(d) is amended to read as follows: " (4) GAS FROM GEOPRESSURED BRINE, DEVONIAN SHALE, COAL SEAMS, OR A TIGHT FORMATION. —The amount of the credit allowable under subsection (a) shall be determined without regard to any production attributable to a property from which gas from Devonian shale, coal seams, geopressured brine, or a tight formation was produced in marketable quantities before January 1, 1980. " (3) Subsection (d) of section 29 is amended by striking paragraph (5) and redesignating the following paragraphs accordingly. (4) Paragraph (5) of section 29(d) (as redesignated by paragraph (3)) is amended by striking "subparagraph (C), (D), or (E)" and inserting "subparagraph (C)". (5) Subsection (f) of section 29 is amended to read as follows: "(f) APPLICATION OF SECTION.—This section shall apply with respect to qualified fuels— "(1) which are— "(A) produced from a well drilled after December 31, 1979, and before January 1, 1993, or "(B) produced in a facility placed in service after December 31, 1979, and before January 1, 1993, and "(2) which are sold before January 1, 2003." Subpart C—Effective Date 26 USC 29 note. SEC. 11821. EFFECTIVE DATE. (a) GENERAL RULE. —Except as otherwise provided in this part, the amendments made by this part shall take effect on the date of the enactment of this Act. (b) SAVINGS PROVISION.— I f — (1) any provision amended or repealed by this part applied to— (A) any transaction occurring before the date of the enactment of this Act, (B) any property acquired before such date of enactment, or (C) any item of income, loss, deduction, or credit taken into account before such date of enactment, and
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