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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70401 › Proposal

The changes reach amounts paid after December 31, 2025

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70401, Sec. 70401. Written by .

The changes reach amounts paid after December 31, 2025

The document says “shall applyWho acts: Secretary of the TreasuryHow: statuteSec. 70401 in the PDF
What the document says

“The amendments made by this section shall apply to amounts paid or incurred after December 31, 2025.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70401

The section applies its amendments to amounts paid or incurred after December 31, 2025.

What the document actually says

“The amendments made by this section shall apply to amounts paid or incurred after December 31, 2025.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70401
That sentence, in plain words

The changes reach money paid out after December 31, 2025. Costs before then are left out.

What this is about

The old rules still hold for earlier costs. The date is fixed in the law. It turns on when the money is paid.

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