described in section 1(h)(4)(B) by such capital gain excess. (B) Definitions Terms used in this paragraph which are also used in section 1(h) shall have the respective meanings given such terms by section 1(h). . (35) Section 962(a)(1) is amended— (A) by striking sections 1 and 55 and inserting section 1 , and (B) by striking sections 11 and 55 and inserting section 11 . (36) Section 1016(a) is amended by striking paragraph (20). (37) Section 1202(a)(4) is amended by inserting and at the end of subparagraph (A), by striking , and and inserting a period at the end of subparagraph (B), and by striking subparagraph (C). (38) Section 1374(b)(3)(B) is amended by striking the last sentence thereof. (39) Section 1561(a) is amended— (A) by inserting and at the end of paragraph (1), by striking , and at the end of paragraph (2) and inserting a period, and by striking paragraph (3), and (B) by striking the last sentence. (40) Section 6015(d)(2)(B) is amended by striking or 55 . (41) Section 6211(b)(4)(A) is amended by striking , 168(k)(4) . (42) Section 6425(c)(1)(A) is amended to read as follows: (A) the tax imposed under section 11 or subchapter L of chapter 1, whichever is applicable, over . (43) Section 6654(d)(2) is amended— (A) in clause (i) of subparagraph (B), by striking , alternative minimum taxable income, , and (B) in clause (i) of subparagraph (C), by striking , alternative minimum taxable income, . (44) Section 6655(e)(2)(B)(i) is amended by striking The taxable income and alternative minimum taxable income shall and inserting Taxable income shall . (45) Section 6655(g)(1)(A) is amended by adding plus at the end of clause (i), by striking clause (ii), and by redesignating clause (iii) as clause (ii). (46) Section 6662(e)(3)(C) is amended by striking the regular tax (as defined in section 55(c)) and inserting the regular tax liability (as defined in section 26(b)) . (d) Effective dates (1) In general Except as otherwise provided in this subsection, the amendments made by this section shall apply to taxable