“Section 45F(a)(1) is amended by striking "25 percent" and inserting "40 percent (50 percent in the case of an eligible small business)".”
The section strikes 25 percent in section 45F(a)(1) of the Internal Revenue Code of 1986 and inserts 40 percent, or 50 percent for an eligible small business.
What the document actually says
“Section 45F(a)(1) is amended by striking "25 percent" and inserting "40 percent (50 percent in the case of an eligible small business)".”
That sentence, in plain words
The rate of 25 percent is taken out. The rate of 40 percent is put in. A small business gets 50 percent.
What this is about
The rate sets how much of the cost the credit covers. A higher rate means a bigger credit. Small firms get the better rate.
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. 70401, 139 Stat. 212 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The rate rises to 40 percent, or 50 percent for a small business,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70401, Sec. 70401. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70401-percentage/ (retrieved August 26, 2026).
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