Pub. L. 94-92, tit. II, sec. 203

Sec. 203. (a) Section 1402(b) of the Internal Revenue Code of 1954 is amended by striking out “, but solely with respect to the tax imposed by section 1401(b),” from item (B) of the second sentence thereof. (b) Section 3231(e) of the Internal Revenue Code of 1954 is amended by striking out “$3” from the fifth sentence of paragraph (1) and inserting in lieu thereof “$25”. (c) The amendments made by this section shall be effective January 1, 1975, and shall apply only with respect to compensation paid for services rendered on or after that date.