1308A of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4015a ). . (2) Clerical amendment The table of sections for part VII of subchapter B of chapter 1 of such Code is amended by redesignating the item relating to section 224 as relating to section 225 and by inserting after the item relating to section 223 the following new item: Sec. 224. Flood insurance premiums. . (b) Deduction allowed in determining adjusted gross income Section 62(a) of the Internal Revenue Code of 1986 is amended by inserting after paragraph (21) the following new paragraph: (22) Flood insurance premiums The deduction allowed by section 224. . (c) Conforming amendments (1) Section 74(d)(2)(B) of the Internal Revenue Code of 1986 is amended by inserting 224 after 221 . (2) Section 86(b)(2)(A) of such Code is amended by inserting 224, after 221, . (3) Section 135(c)(4)(A) of such Code is amended by inserting 224, after 221, . (4) Section 137(b)(3)(A) of such Code is amended by inserting 224 after 221, . (5) Section 219(g)(3)(A)(ii) of such Code is amended by inserting 224, after 221, . (6) Section 221(b)(2)(C)(i) of such Code is amended by inserting 224, after 219, . (7) Section 469(i)(3)(E)(ii) of such Code is amended by inserting 224, after 221, . (d) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.