A paragraph of the SECURE 2.0 Act is repealed as if never enacted
What the document says“Paragraph (1) of section 103(e) of the SECURE 2.0 Act of 2022 is repealed, and the Internal Revenue Code of 1986 shall be applied and administered as though such paragraph were never enacted.”
The section repeals paragraph (1) of section 103(e) of the SECURE 2.0 Act of 2022 and requires the Internal Revenue Code of 1986 to be applied and administered as if that paragraph had never been enacted.
What the document actually says“Paragraph (1) of section 103(e) of the SECURE 2.0 Act of 2022 is repealed, and the Internal Revenue Code of 1986 shall be applied and administered as though such paragraph were never enacted.”
One paragraph of a 2022 savings law is wiped out. The tax code is to be read as if it had never passed.
That reaches back, not just forward. What the paragraph said is not recorded here. The 2022 law 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.