“by striking " and before January 1, 2033, 30 percent," and inserting "30 percent.", and”
The section amends section 25D(g) of the Internal Revenue Code of 1986 by closing the 30 percent step with a period and by striking paragraphs (4) and (5).
What the document actually says
“by striking " and before January 1, 2033, 30 percent," and inserting "30 percent.", and”
That sentence, in plain words
Words setting an end date on a rate step are taken out. The rate of 30 percent is left standing.
What this is about
Two later paragraphs are struck as well. They set lower rates for later years. Those years are now past the end date.
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 later rate steps are struck,” 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-rates/ (retrieved October 10, 2026).
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