EXTENSION OF SELF-DEALING TRANSITION RULES FOR PRIVATE FOUNDATIONS.

SEC. 1309. EXTENSION OF SELF-DEALING TRANSITION RULES FOR PRIVATE FOUNDATIONS. (a) Extension of Rule.— Section 101(1)(2)(B) of the Tax Reform Act of 1969 is amended by striking out “January 1, 1975” and inserting in lieu thereof “January 1, 1977”. (b) Effective Date.— The amendment made by this section shall apply to dispositions made after the date of the enactment of this Act.