AMENDMENTS RELATED TO THE JOBS AND GROWTH TAX RELIEF RECONCILIATION ACT OF 2003.

SEC. 405. AMENDMENTS RELATED TO THE JOBS AND GROWTH TAX RELIEF RECONCILIATION ACT OF 2003.(a) Amendments Related to Section 201 of the Act.—(1) Clause (ii) of section 168(k)(4)(B) is amended to read as follows:“(ii) which is—“(I) acquired by the taxpayer after May 5, 2003, and before January 1, 2005, but only if no written binding contract for the acquisition was in effect before May 6, 2003, or“(II) acquired by the taxpayer pursuant to a written binding contract which was entered into after May 5, 2003, and before January 1, 2005, and”.(2) Subparagraph (D) of section 1400L(b)(2) is amended by striking “September 11, 2004” and inserting “January 1, 2005”.(b) Effective Date.—The amendments made by this section shall take effect as if included in section 201 of the Jobs and Growth Tax Relief and Reconciliation Act of 2003.