“Section 59A(h)(2)(B) is amended by striking "section 6038B(b)(2)" and inserting "section 6038A(b)(2)".”
The section makes conforming changes so that paragraph (1) refers only to paragraph (2), so that the increase provision names only paragraph (1)(A), and so that a reference to subsection (b)(3)(B) becomes subsection (b)(2)(B). It also changes registered securities dealer to securities dealer registered, corrects the reference to section 6038B(b)(2) to section 6038A(b)(2), and changes two references to subsection (g) to subsection (h).
What the document actually says
“Section 59A(h)(2)(B) is amended by striking "section 6038B(b)(2)" and inserting "section 6038A(b)(2)".”
That sentence, in plain words
One pointer is taken out of a tax rule. A new pointer is put in.
What this is about
Several other pointers are fixed the same way. One phrase is also reordered. None of these change what anyone must do.
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. 70331, 139 Stat. 206 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“Pointers and wording are corrected across the section,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70331, Sec. 70331. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70331-conforming/ (retrieved October 10, 2026).
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