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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70515 › Proposal

The words shall be increased become shall not be increased

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70515, Sec. 70515. Written by .

The words shall be increased become shall not be increased

The document says “is amendedWho acts: CongressHow: statuteSec. 70515 in the PDF
What the document says

“Section 48C(e)(3)(C) is amended by striking "shall be increased" and inserting "shall not be increased".”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70515

The section strikes the words shall be increased and inserts shall not be increased in section 48C(e)(3)(C) of the Internal Revenue Code of 1986. That provision is not indexed here, so this record states the change and stops.

What the document actually says

“Section 48C(e)(3)(C) is amended by striking "shall be increased" and inserting "shall not be increased".”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70515
That sentence, in plain words

Four words are taken out of a tax rule. Five are put in. The word not is added.

What this is about

That flips the rule from a rise to no rise. What the rule controls is not recorded here. The tax code is not indexed on this site.

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.

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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.

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