TREATMENT OF CERTAIN RENTS UNDER SECTION 2032A.

SEC. 6151. TREATMENT OF CERTAIN RENTS UNDER SECTION 2032A. (a) General Rule.—Subparagraph (A) of section 2032A(b)(5) of the 1986 Code (relating to special rules for surviving spouse) is amended by adding at the end thereof the following new sentence: “For purposes of subsection (c), such surviving spouse shall not be treated as failing to use such property in a qualified use solely because such spouse rents such property to a member of such spouse’s family on a net cash basis.” (b) Effective Date.— 102 STAT. 3725 (1) In general.—The amendment made by subsection (a) shall apply with respect to rentals occurring after December 31, 1976. (2) Waiver of statute of limitations.—If on the date of the enactment of this Act (or at any time within 1 year after such date of enactment) refund or credit of any overpayment of tax resulting from the application of the amendment made by subsection (a) is barred by any law or rule of law, refund or credit of such overpayment shall, nevertheless, be made or allowed if claim therefore is filed before the date 1 year after the date of the enactment of this Act.