2503(b)(1)(A) . (3) Paragraph (2) of section 2523(i) of such Code is amended by striking section 2503(b) and inserting section 2503(b)(1)(A) . (4) Subsection (c) of such Code of section 2801 is amended by striking 2503(b) and inserting 2503(b)(1)(A) . (c) Regulations The Secretary of the Treasury, or the Secretary of the Treasury's delegate, may prescribe such regulations or other guidance as may be necessary or appropriate to carry out the amendments made by this section. (d) Effective date The amendments made by this section shall apply to any calendar year beginning after the date of the enactment of this Act. 205. Modification of rules for value of certain farm real property (a) Increase in limitation (1) In general Paragraph (2) of section 2032A(a) of the Internal Revenue Code of 1986 is amended by striking $750,000 and inserting $3,000,000 . (2) Inflation adjustment Paragraph (3) of section 2032A(a) of such Code is amended— (A) by striking 1998 and inserting 2019