of financing obligations (a) In general Subsection (a) of section 9704 of the Internal Revenue Code of 1986 is amended— (1) by striking paragraph (3), (2) by striking three premiums and inserting two premiums , and (3) by striking , plus at the end of paragraph (2) and inserting a period. (b) Conforming amendments (1) Section 9704 of the Internal Revenue Code of 1986 is amended— (A) by striking subsection (d), and (B) by redesignating subsections (e) through (j) as subsections (d) through (i), respectively. (2) Subsection (d) of section 9704 of such Code, as so redesignated, is amended— (A) by striking 3 separate accounts for each of the premiums described in subsections (b), (c), and (d) in paragraph (1) and inserting 2 separate accounts for each of the premiums described in subsections (b) and (c) , and (B) by striking or the unassigned beneficiaries premium account in paragraph (3)(B). (3) Subclause (I) of section 9703(b)(2)(C)(ii) of such Code is amended by striking 9704(e)(3)(B)(i) and inserting 9704(d)(3)(B)(i) . (4) Paragraph (3) of section 9705(a) of such Code is amended— (A) by striking the unassigned beneficiary premium under section 9704(a)(3) and in subparagraph (B), and (B) by striking 9704(i)(1)(B) and inserting 9704(h)(1)(B) . (5) Paragraph (2) of section 9711(c) of such Code is amended— (A) by striking 9704(j)(2) in subparagraph (A)(i) and inserting 9704(i)(2) , (B) by striking 9704(j)(2)(B) in subparagraph (B) and inserting 9704(i)(2)(B) , and (C) by striking 9704(j) and inserting 9704(i) . (6) Paragraph (4) of section 9712(d) of such Code is amended by striking 9704(j) and inserting 9704(i) . (c) Elimination of additional backstop premium (1) In general Paragraph (1) of section 9712(d) of the Internal Revenue Code of 1986 is amended by striking subparagraph (C). (2) Conforming amendment Paragraph (2) of section 9712(d) of such Code is amended— (A) by striking subparagraph (B), (B) by striking , and at the end of subparagraph (A) and inserting a period, and (C) by striking shall provide for— and