the Internal Revenue Code of 1986 is amended by striking and political expenditures and inserting , political expenditures, and labor organization expenditures . (2) The heading of subparagraph (C) of section 162(e)(4) of such Code is amended by striking and political activities and inserting , political, and labor organization activities . (f) Effective date The amendments made by this section shall apply to amounts paid or incurred in taxable years beginning after the date that is 240 days after the date of the enactment of this Act.