$410,000,000 is appropriated and the changes start with tax year 2026
What the document says“$410,000,000, to remain available until September 30, 2034, to carry out the amendments made by this section.”
The section appropriates $410,000,000 to the Department of the Treasury, on top of amounts otherwise available, to remain available until September 30, 2034, to carry out the amendments made by the section, and applies those amendments to taxable years beginning after December 31, 2025.
What the document actually says“$410,000,000, to remain available until September 30, 2034, to carry out the amendments made by this section.”
The sum is $410 million. It can be spent through September 30, 2034. It pays to carry out the changes in this part.
The money goes to the Treasury. The changes start with tax years after December 31, 2025. Both dates are 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.