The term “reportable policy sale” has the meaning given such term in section 101(a)(3)(B).
26 U.S. Code § 6050Y. Returns relating to certain life insurance contract transactions
Section applicable to reportable policy sales (as defined in subsection (d)(2) of this section) after Dec. 31, 2017, and reportable death benefits (as defined in subsection (d)(4) of this section) paid after Dec. 31, 2017, see section 13520(d) of Pub. L. 115–97, set out as an Effective Date of 2017 Amendment note under section 6047 of this title.