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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70107 › Proposal

The end date is struck from the increased exemption amounts

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70107, Sec. 70107. Written by .

The end date is struck from the increased exemption amounts

The document says “is amendedWho acts: CongressHow: statuteSec. 70107 in the PDF
What the document says

“Section 55(d)(4) is amended-- (1) in subparagraph (A), by striking ", and before January 1, 2026", and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70107

The section strikes the words and before January 1, 2026 from subparagraph (A) of section 55(d)(4) of the Internal Revenue Code of 1986, and strikes and Before 2026 from the heading.

What the document actually says

“Section 55(d)(4) is amended-- (1) in subparagraph (A), by striking ", and before January 1, 2026", and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70107
That sentence, in plain words

Words setting an end date are taken out. Those words were and before January 1, 2026.

What this is about

The heading is trimmed to match. It no longer names an end year. So the bigger exemption carries on.

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.

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The quotation is the document's own words, exactly as printed, and we check 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.

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