PUBLIC LAW 100-647—NOV. 10, 1988 102 STAT. 3609

(2XA) Subparagraph (B) of section 842(bX3) of the 1986 Code is
amended by striking out "held for the production of such
income".

(B) Subparagraph (B) of section 842(bX4) of the 1986 Code is
amended by striking out "held for the production of investment
income".

(3) Subparagraph (d) of section 842 of the 1986 Code is
amended by striking out "and" at the end of paragraph (2), by
striking out the period at the end of paragraph (3) and inserting
in lieu thereof ", and", and by adding at the end thereof the
following new paragraph:

"(4) which may provide that, in the case of companies taxable
under part II of this subchapter, determinations under subsec-
tion (b) will be made separately for categories of such companies
established in such regulations."

(r) AMENDMENT RELATED TO SECTION 10301 OF THE ACT.—Para-
graph (3) of section 6655(g) of the 1986 Code is amended by striking
the sentence following Subparagraph (C) and inserting in lieu
thereof the following:

"In the case of any organization described in Subparagraph (A),
subsection (bX2XA) shall be applied by substituting '5th month'
for '3rd month', and subsection (eX2XA) shall be applied by
substituting '2 months' for '3 months' and in clause (iXD, by
substituting '4 months' for '5 months' in clause (iXID, by
substituting '7 months' for '8 months' in clause (iXin), and by
substituting '10 months' for '11 months' in clause (iXIV)".
(s) AMENDMENTS RELATED TO SECTION 10502 OF THE ACT.—

(1) Section 4093 of the 1986 Code is amended by redesignating
subsections (d) and (e) as subsections (e) and (f), respectively, and
by inserting after subsection (c) the following new subsection:

"(d) CERTAIN AVIATION FUEL SALES.—Under regulations pre-
scribed by the Secretary, the Leaking Underground Storage Tank
Trust Fund financing rate under section 4091 shall not apply to
aviation fuel sold for use or used as supplies for vessels or aircraft
(within the meaning of section 4221(dX3))."

(2) Subparagraph (B) of section 6427(1X3) of the 1986 Code
(relating to no refund of Leaking Underground Storage Tank
Trust Fund financing tax) is amended by inserting "(except as
supplies for vessels or aircraft within the meaning of section
4221(dX3))" after "aircraft".

(3) Section 6427 of the 1986 Code is amended by redesignating
the subsection (p) relating to gasoline used in noncommercial
aviation during period rate reduction in effect and subsection (q)
(relating to cross references) as subsections (q) and (r), respec-
tively.

(t) AMENDMENTS RELATED TO SECTION 10512 OF THE ACT.—

(1) Section 5276 of the 1986 Code is amended by adding at the
end thereof the following new subsection:

"(c) EXCEPTION FOR UNITED STATES.—Subsection (a) shall not apply
to any permit issued to an agency or instrumentality of the United
States/'

(2) Subsection (a) of section 5113 of the 1986 Code is
amended—

(A) by inserting "taxpaid wine bottling house," after
"bonded wine cellar/' each place it appears, and