relating to such section in the table of sections of such part). (B) Section 170(b)(2)(D)(ii) of such Code is amended by striking (except section 248) . (C) Section 312(n)(3) of such Code is amended by striking Sections 173 and 248 and inserting Sections 173 and 195 . (D) Section 535(b)(3) of such Code is amended by striking (except section 248) . (E) Section 545(b)(3) of such Code is amended by striking (except section 248) . (F) Section 545(b)(4) of such Code is amended by striking (except section 248) . (G) Section 834(c)(7) of such Code is amended by striking (except section 248) . (H) Section 852(b)(2)(C) of such Code is amended by striking (except section 248) . (I) Section 857(b)(2)(A) of such Code is amended by striking (except section 248) . (J) Section 1363(b) of such Code is amended by adding and at the end of paragraph (2), by striking paragraph (3), and by redesignating paragraph (4) as paragraph (3). (K) Section 1375(b)(1)(B)(i) of such Code is amended by striking (other than the deduction allowed by section 248, relating to organization expenditures) . (2) (A) Section 709 of such Code is amended to read as follows: 709. Treatment of syndication fees No deduction shall be allowed under this chapter to a partnership or to any partner of the partnership for any amounts paid or incurred to promote the sale of (or to sell) an interest in the partnership. . (B) The item relating to section 709 in the table of sections for part I of subchapter K of chapter 1 of such Code is amended to read as follows: Sec. 709. Treatment of syndication fees. . (3) Section 1202(e)(2)(A) of such Code is amended by striking section 195(c)(1)(A) and inserting section 195(d)(1)(A) . (4) The item relating to section 195 in the table of contents of part VI of subchapter B of chapter 1 of such Code is amended to read as follows: Sec. 195. Start-up and organizational expenditures. . (e) Effective date The amendments made by this section shall apply to expenditures paid or incurred in connection with active trades or businesses