The tax code's rate change rule does not apply to this title
What the document says“Section 15 of the Internal Revenue Code of 1986 shall not apply to any change in rate of tax by reason of any provision of, or amendment made by, this title.”
The section provides that section 15 of the Internal Revenue Code of 1986 does not apply to any change in a rate of tax made by a provision of, or an amendment made by, this title.
What the document actually says“Section 15 of the Internal Revenue Code of 1986 shall not apply to any change in rate of tax by reason of any provision of, or amendment made by, this title.”
One rule in the tax code is switched off here. It does not reach any rate change made by this title.
That rule sits in section 15 of the tax code. What it says is not recorded here. The tax code is not indexed on this site.
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.