“Section 25D(h) is amended by striking "to property placed in service after December 31, 2034" and inserting "with respect to any expenditures made after December 31, 2025".”
The section strikes the words to property placed in service after December 31, 2034 in section 25D(h) of the Internal Revenue Code of 1986 and inserts with respect to any expenditures made after December 31, 2025.
What the document actually says
“Section 25D(h) is amended by striking "to property placed in service after December 31, 2034" and inserting "with respect to any expenditures made after December 31, 2025".”
That sentence, in plain words
Old wording is taken out of a tax rule. New wording is put in. It ends the credit for money spent after December 31, 2025.
What this is about
The test used to turn on when property was put to use. Now it turns on when money is spent. The end date moves in by nine years.
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. 70506, 139 Stat. 251 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The credit ends for money spent after December 31, 2025,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70506, Sec. 70506. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70506-end-date/ (retrieved August 26, 2026).
Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.
How to Read This Page
The quotation is the document's own words, exactly as printed, and we check the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
