The deduction is never less than $400 for an applicable taxpayer
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70105, Sec. 70105.
Written by .
The deduction is never less than $400 for an applicable taxpayer
The document says “shall”Who acts: Secretary of the TreasuryHow: statuteSec. 70105 in the PDF
What the document says
“In the case of an applicable taxpayer for any taxable year, the deduction allowed under subsection (a) for the taxable year shall be equal to the greater of--”
The section rewrites subsection (i) of section 199A of the Internal Revenue Code of 1986 so that for an applicable taxpayer the deduction is the greater of the amount worked out without the subsection and $400, and inserts a cross reference to the new subsection into section 199A(a).
What the document actually says
“In the case of an applicable taxpayer for any taxable year, the deduction allowed under subsection (a) for the taxable year shall be equal to the greater of--”
That sentence, in plain words
The deduction is the bigger of two figures. That holds for a taxpayer who qualifies. Those two figures follow below.
What this is about
One is the deduction worked out the normal way. The other is a flat $400. Whichever is larger is allowed.
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. 70105, 139 Stat. 161 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The deduction is never less than $400 for an applicable taxpayer,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70105, Sec. 70105. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70105-minimum/ (retrieved October 10, 2026).
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