102 STAT. 3598

PUBLIC LAW 100-647-NOV. 10,1988

"(iv) from the prepayment of a loan under section
306A, 306B, or 311 of the Rural Electrification Act of
1936 (as in effect on January 1,1987)."
(2) Subparagraph (Q of section 501(cX12) of the 1986 Code is
amended to read as follows:
"(C) In the case of a mutual or cooperative electric com-
pany, subparagraph (A) shall be applied without taking into
account any income received or accrued—
"(i) from qualified pole rentals, or
"(ii) from the prepayment of a loan under section
306A, 306B, or 311 of the Rural Electrification Act of
1936 (as in effect on January 1,1987)."
26 USC 501 note.	(3) The amendments made by this subsection shall apply to
taxable years ending after the date of the enactment of the
Omnibus Budget Reconciliation Act of 1986.
(b)	amendments related to section 8011 of the act.—
(1) The following provisions of the 1986 Code are each
amended by striking out "the 14th day after the date on which"
and inserting in lieu thereof "the 14th day after the last day of
the semimonthly period during which":
 (A)	Subparagraphs (A) and (B) of section 5061(dX2).
 (B)	Paragraph (3) of section 5061(d).
 (C)	Clauses (i) and (ii) of section 5703(bX2XB).
 (D)	Subparagraph (C) of section 5703(foX2).
Effective date.	(2) The amendments made by paragraph (1) shall take effect
26 USC 5061	as if included in the amendments made by section 8011 of the
note.	Omnibus Budget Reconciliation Act of 1986.
(c)	amendment related to section 8041 of the act.—
(1) in general.—Paragraph (3) of section 901(j) of the 1986
Code is amended—
 (A)	by striking out "Section 275" and inserting in lieu
thereof "Sections 275 and 78", and
 (B)	by inserting ", etc." after "deduction" in the para-
graph heading.
26 USC 901 note.	(2) effective date.—The amendments made by paragraph (1)
shall take effect on January 1,1987.
(d)	amendment related to section 9002 of the act.—Para-
graph (3) of section 3509(d) of the 1986 Code is amended by striking
out "subsection (dX3)" and inserting in lieu  thereof "subsection
(dX4)".
SEC. 2004. AMENDMENTS RELATED TO THE REVENUE ACT OF 1987.
(a)	amendment related to section 10101 of the act.—Section
26 use 21 note.    10101(b) of the Revenue Act of 1987 is amended to read as follows:
"(b) effective date.—
"(1) in general.—The amendment made by subsection (a)
shall apply to expenses paid in taxable years beginning after
December 31,1987.
"(2) special rule for cafeteria plants.—For purposes of
section 125 of the Internal Revenue Code of 1986, a plan shall
not be treated as failing to be a cafeteria plan solely because
under the plan a participant elected before January 1, 1988, to
receive reimbursement under the plan for dependent care
assistance for periods after December 31,1987, and such assist-
ance included reimbursement for expenses at a camp where the
dependent stays overnight."
(b)	amendments related to section 10102 of the act.—