This part takes the end date off a set of tax rates. They had been set to run out after 2025. It also changes how one inflation rule works for two brackets. The changes start with tax years after December 31, 2025.
“Section 1(j) is amended-- (1) in paragraph (1), by striking ", and before January 1, 2026", and”
The section strikes the words and before January 1, 2026 from paragraph (1) of section 1(j) of the Internal Revenue Code of 1986, and replaces 2018 Through 2025 in the heading with Beginning After 2017.
What the document actually says
“Section 1(j) is amended-- (1) in paragraph (1), by striking ", and before January 1, 2026", and”
That sentence, in plain words
Words setting an end date are taken out. Those words were and before January 1, 2026.
What this is about
The heading is reworded to match. It now reads beginning after 2017. So the rates carry on with no end year.
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.
The document says “is amended”Who acts: Secretary of the TreasuryHow: statuteSec. 70101 in the PDF
What the document says
“Section 1(j)(3)(B)(i) is amended by inserting "solely for purposes of determining the dollar amounts at which any rate bracket higher than 12 percent ends and at which any rate bracket higher than 22 percent begins," before "subsection (f)(3)".”
The section inserts words into section 1(j)(3)(B)(i) of the Internal Revenue Code of 1986 confining an inflation adjustment to working out the dollar amounts at which a rate bracket above 12 percent ends and a rate bracket above 22 percent begins.
What the document actually says
“Section 1(j)(3)(B)(i) is amended by inserting "solely for purposes of determining the dollar amounts at which any rate bracket higher than 12 percent ends and at which any rate bracket higher than 22 percent begins," before "subsection (f)(3)".”
That sentence, in plain words
New words are put into a rule on inflation. They tie it to two points in the rate scale. One is where a bracket above 12 percent ends. One is where a bracket above 22 percent starts.
What this is about
Before this the rule was not so tied. Now it reaches only those two points. What the rule does is not recorded 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.
The document says “shall apply”Who acts: Secretary of the TreasuryHow: statuteSec. 70101 in the PDF
What the document says
“The amendments made by this section shall apply to taxable years beginning after December 31, 2025.”
The section applies its amendments to taxable years beginning after December 31, 2025.
What the document actually says
“The amendments made by this section shall apply to taxable years beginning after December 31, 2025.”
That sentence, in plain words
The changes start with tax years that begin after December 31, 2025.
What this is about
Earlier tax years are not touched. The old rules still hold for them. The date is fixed in the law.
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.
Each distinct thing the section does: strike the end date and reword the heading of the rate provision, change the inflation adjustment for two brackets, and fix the effective date.
Nothing in the section is left out. It has three subsections and each is recorded.
The section works by amending section 1(j) of the Internal Revenue Code of 1986, which is not indexed here, so what the rates are and how the brackets are set cannot be checked against anything on this site.
