technical and conforming amendments

technical and conforming amendments Sec. 356. (a) Sections 3121(a) (7) (C) and 3121(a) (10) of the Internal Revenue Code of 1954 are each amended by striking out “quarter” wherever it appears and inserting in lieu thereof “year”, and by striking out “$50” and inserting in lieu thereof “$100”. (b) Section 3121(a) of such Code is amended by striking out “or” at the end of paragraph (14), by striking out the period at the end of paragraph (15) and inserting in lieu thereof “; or”, and by adding after paragraph (15) the following new paragraph: “(16) remuneration paid by an organization exempt from income tax under section 501(a) (other than an organization described in section 401 (a)) or under section 521 in any calendar year to an employee for service rendered in the employ of such organization, if the remuneration paid in such year by the organization to the employee for such service is less than $100.”. (c) Section 3121(b) (10) of such Code is amended by striking out “(10) (A)” and all that follows down through “(B) service” and inserting in lieu thereof “(10) service”, and redesignating clauses (i) and (ii) as subparagraphs (A) and (B), respectively. (d) Sections 3121(b) (17) (A) and 3121(g) (4) (B) of such Code are each amended by striking out “quarter” and inserting in lieu thereof “year”. 91 STAT. 1556 (e) The amendments made by this section shall apply with respect to remuneration paid and services rendered after December 31, 1977.