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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70421 › Proposal

Zones are designated every ten years from July 1, 2026

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70421, Sec. 70421. Written by .

Zones are designated every ten years from July 1, 2026

The document says “meansWho acts: CongressHow: statuteSec. 70421 in the PDF
What the document says

“each July 1 of the year that is 10 years after the preceding decennial determination date under this subparagraph.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70421

The section amends section 1400Z-1(c)(2)(B) of the Internal Revenue Code of 1986 so that the determination period starts on the decennial determination date, and adds a new subparagraph (C) defining that date as July 1, 2026 and each July 1 ten years after the one before.

What the document actually says

“each July 1 of the year that is 10 years after the preceding decennial determination date under this subparagraph.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70421
That sentence, in plain words

The next date falls ten years after the last one. It is always a July 1.

What this is about

The first such date is July 1, 2026. New zones are picked from that date. The cycle then repeats every ten years.

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