REPEAL OF $5,000 EXCLUSION OF EMPLOYEES’ DEATH BENEFITS.

SEC. 1402. REPEAL OF $5,000 EXCLUSION OF EMPLOYEES’ DEATH BENEFITS. (a) In General.— Subsection (b) of section 101 is hereby repealed. (b) Conforming Amendments.— (1) Subsection (c) of section 101 is amended by striking “subsection (a) or (b)” and inserting “subsection (a)”. 110 STAT. 1790 (2) Sections 406(e) and 407(e) are each amended by striking paragraph (2) and by redesignating paragraph (3) as paragraph (2). (3) Section 7701(a)(20) is amended by striking “, for the purpose of applying the provisions of section 101(b) with respect to employees’ death benefits”. (c) Effective Date.— The amendments made by this section shall apply with respect to decedents dying after the date of the enactment ofthis Act.