“Section 856(c)(4)(B)(ii) is amended by striking "20 percent" and inserting "25 percent".”
The section strikes 20 percent and inserts 25 percent in section 856(c)(4)(B)(ii) of the Internal Revenue Code of 1986. That provision is not indexed here, so what the figure measures cannot be checked against anything on this site.
What the document actually says
“Section 856(c)(4)(B)(ii) is amended by striking "20 percent" and inserting "25 percent".”
That sentence, in plain words
The figure 20 percent is taken out. The figure 25 percent is put in.
What this is about
The figure sits in an asset test for a property trust. A higher figure gives more room. The tax code is not indexed here.
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. 70439, 139 Stat. 250 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The asset test figure rises from 20 percent to 25 percent,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70439, Sec. 70439. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70439-percentage/ (retrieved August 26, 2026).
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