The credit runs to December 31, 2029
What the document says“Section 45Z(g) is amended by striking "December 31, 2027" and inserting "December 31, 2029".”
The section strikes December 31, 2027 and inserts December 31, 2029 in section 45Z(g) of the Internal Revenue Code of 1986.
What the document actually says“Section 45Z(g) is amended by striking "December 31, 2027" and inserting "December 31, 2029".”
One date is taken out of a tax rule. It was December 31, 2027. The new date is December 31, 2029.
That gives the credit two more years. The tax code is not indexed here. Only the date change is recorded.
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.