Premiums that generate the credit may not also be deducted
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70304, Sec. 70304.
Written by .
Premiums that generate the credit may not also be deducted
The document says “shall not”Who acts: Secretary of the TreasuryHow: statuteSec. 70304 in the PDF
What the document says
“No deduction shall be allowed for that portion of the premiums paid or incurred for the taxable year which is equal to that portion of the paid family and medical leave credit which is determined for the taxable year under section 45S(a)(1)(B).”
The section amends section 280C(a) of the Internal Revenue Code of 1986 to point to section 45S(a)(1)(A) and to bar a deduction for the part of the premiums equal to the part of the credit worked out on premiums.
What the document actually says
“No deduction shall be allowed for that portion of the premiums paid or incurred for the taxable year which is equal to that portion of the paid family and medical leave credit which is determined for the taxable year under section 45S(a)(1)(B).”
That sentence, in plain words
No deduction is given for part of the premiums. That part matches the credit taken on them.
What this is about
That stops the same cost getting two breaks. The rest of the premium may still be deducted. The tax code is not indexed here.
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. 70304, 139 Stat. 195 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“Premiums that generate the credit may not also be deducted,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70304, Sec. 70304. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70304-no-double-benefit/ (retrieved October 10, 2026).
Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.
How to Read This Page
The quotation is the document's own words, exactly as printed, checked against 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.
