The deduction stops for work starting after June 30, 2026
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70507, Sec. 70507.
Written by .
The deduction stops for work starting after June 30, 2026
The document says “shall not”Who acts: Secretary of the TreasuryHow: statuteSec. 70507 in the PDF
What the document says
“This section shall not apply with respect to property the construction of which begins after June 30, 2026.”
The section adds a new subsection (i) to section 179D of the Internal Revenue Code of 1986 so that the section does not apply to property whose construction begins after June 30, 2026.
What the document actually says
“This section shall not apply with respect to property the construction of which begins after June 30, 2026.”
That sentence, in plain words
The rule does not reach property built later. Work must start by June 30, 2026.
What this is about
The test turns on when work starts. Work started before then still counts. 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. 70507, 139 Stat. 251 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The deduction stops for work starting after June 30, 2026,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70507, Sec. 70507. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70507-termination/ (retrieved October 10, 2026).
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