REPEAL OF TECHNICAL TERMINATION OF PARTNERSHIPS.

SEC. 13504. REPEAL OF TECHNICAL TERMINATION OF PARTNERSHIPS.(a) In General.—Paragraph (1) of section 708(b) is amended—(1) by striking “, or” at the end of subparagraph (A) and all that follows and inserting a period, and(2) by striking “only if—” and all that follows through “no part of any business” and inserting the following: “only if no part of any business”.(b) Conforming Amendment.—131 STAT. 2142(1) Section 168(i)(7)(B) is amended by striking the second sentence.(2) Section 743(e) is amended by striking paragraph (4) and redesignating paragraphs (5), (6), and (7) as paragraphs (4), (5), and (6).(c) Effective Date.—The amendments made by this section shall apply to partnership taxable years beginning after December 31, 2017.