DISTRIBUTIONS DURING FIRST 66 DAYS OF TAXABLE YEAR OF ESTATE.

SEC. 1306. DISTRIBUTIONS DURING FIRST 66 DAYS OF TAXABLE YEAR OF ESTATE. (a) In General.—Subsection (b) of section 663 (relating to distributions in first 65 days of taxable year) is amended by inserting “an estate or” before “a trust” each place it appears. (b) Conforming Amendment.—Paragraph (2) of section 663(b) is amended by striking “the fiduciary of such trust” and inserting “the executor of such estate or the fiduciary of such trust (as the case may be)”. (c) Effective Date.—The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.