The figure rises from $10,000 to $50,000
What the document says“Section 170(n)(1) of the Internal Revenue Code of 1986 is amended by striking "$10,000" and inserting "$50,000".”
The section strikes $10,000 and inserts $50,000 in section 170(n)(1) of the Internal Revenue Code of 1986. That provision is not indexed here, so what expenses the figure covers cannot be checked against anything on this site.
What the document actually says“Section 170(n)(1) of the Internal Revenue Code of 1986 is amended by striking "$10,000" and inserting "$50,000".”
The figure $10,000 is taken out. The figure $50,000 is put in.
The rule deals with costs of subsistence whaling. What it covers is not recorded here. The tax code is not indexed on this site.
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.