The change takes effect on October 1, 2026
What the document says“The amendment made by this subsection shall take effect on October 1, 2026.”
The section provides that the amendment made by the subsection takes effect on October 1, 2026.
What the document actually says“The amendment made by this subsection shall take effect on October 1, 2026.”
That sentence, in plain words
The change does not start right away. It starts on October 1, 2026.
What this is about
A law can pass on one day and start on a later one. That gives people time to get ready. Here the start date is the first day of a fiscal year.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.