TRANSFERS TAKING EFFECT AT DEATH.

SEC. 609. TRANSFERS TAKING EFFECT AT DEATH. Effective with respect to estates of decedents dying after February 10, 1939, section 7 (b) of the Act entitled “An Act to amend certain provisions of the Internal Revenue Code”, approved October 25, 1949 (63 Stat. 895), is hereby amended by striking out the word “sentence” and inserting in lieu thereof “two sentences” and by inserting immediately preceding the last sentence thereof the following sentence: “The provisions of section 811 (c) (1) (C) of such code shall not apply to a transfer made prior to September 8, 1916.” The 65 Stat. 568 provisions of section 7 (c) of such Act, as amended, shall not apply to an overpayment resulting from the application of this section.