The changes reach deaths and gifts after December 31, 2025
What the document says“The amendments made by this section shall apply to estates of decedents dying and gifts made after December 31, 2025.”
The section applies its amendments to the estates of people dying after December 31, 2025 and to gifts made after that date.
What the document actually says“The amendments made by this section shall apply to estates of decedents dying and gifts made after December 31, 2025.”
The changes reach estates where the death comes after December 31, 2025. They also reach gifts made after that date.
Earlier deaths and gifts are not touched. The old rules still hold for them. The date is fixed in the law.
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.