; and (B) in subparagraph (B)(IV) by inserting a person employed at an annual rate of compensation exceeding $250,000 by the debtor at any time in the 2-year period ending on the date of the filing of the petition or after benefit of . 3. Effective date; application of amendment (a) Effective date Except as provided in subsection (b), this Act and the amendment made by this Act shall take effect on the date of the enactment of this Act. (b) Application of amendment The amendment made by this Act shall apply only with respect to cases commenced under title 11 of the United States Code on or after the date of the enactment of this Act.