STOCK OPTIONS.

SEC. 331. STOCK OPTIONS. (a) Option Subject to Stockholder Approval.—Section 130A (d) (relating to definition of restricted stock option) is hereby amended by striking out “As used in” and inserting “For the purposes of” and by adding at the end thereof the following: “(5) Stockholder approval.—If the grant of an option is subject to approval by stockholders, the date of grant of the option shall be determined as if the option had not been subject to such approval.” (b) Effective Date.—The amendment made by subsection (a) shall be effective as if it had been enacted as part of section 218 of the Revenue Act of 1950.