“Section 56(a)(3) is amended by striking "any home construction contract (as defined in section 460(e)(6))" and inserting "any residential construction contract (as defined in section 460(e)(4))".”
The section replaces the reference to a home construction contract defined in section 460(e)(6) with a reference to a residential construction contract defined in section 460(e)(4) in section 56(a)(3) of the Internal Revenue Code of 1986.
What the document actually says
“Section 56(a)(3) is amended by striking "any home construction contract (as defined in section 460(e)(6))" and inserting "any residential construction contract (as defined in section 460(e)(4))".”
That sentence, in plain words
A phrase is taken out of the minimum tax rule. The new term is put in its place.
What this is about
The pointer also moves to a new spot. It follows the renumbering made above. Both rules now use the same term.
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. 70430, 139 Stat. 239 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The same swap is made for the alternative minimum tax,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70430, Sec. 70430. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70430-amt/ (retrieved October 10, 2026).
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