“The term `qualified pass-through entity' means--”
The section inserts a new paragraph (5) into subsection (a) of section 1001 of the Food Security Act of 1985 (7 U.S.C. 1308) defining a qualified pass-through entity as a partnership within the meaning of subchapter K of chapter 1 of the Internal Revenue Code of 1986, an S corporation as defined in section 1361 of that Code, a limited liability company that does not affirmatively elect to be treated as a corporation, and a joint venture or general partnership.
What the document actually says
“The term `qualified pass-through entity' means--”
That sentence, in plain words
The law gives a new term a meaning. The list that follows says what it covers.
What this is about
It covers four kinds of business. One is a partnership. One is an S corporation. One is a limited liability company. One is a joint venture.
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.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 10306, 139 Stat. 91 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“A qualified pass-through entity is defined for the first time,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10306, Sec. 10306. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec10306-definition/ (retrieved October 10, 2026).
Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.
How to Read This Page
The quotation is the document's own words, exactly as printed, checked against the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
