Read theMandate
Menu

Provide for reconciliation pursuant to title II of H. Con. Res. 14 › Section 70102

Extension and Enhancement of Increased Standard Deduction

Section 70102 · Sec. 70102 ·

What this chapter is about

This part takes the end date off the larger standard deduction. It also raises two base figures. One goes to $23,625 and one to $15,750. The changes start with tax years after December 31, 2024.

3 proposals indexed from this chapter.

The end date is struck from the increased standard deduction

The document says “is amended”Who acts: CongressHow: statuteSec. 70102 in the PDF
What the document says

“Section 63(c)(7) is amended-- (1) by striking ", and before January 1, 2026" in the matter preceding subparagraph (A), and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70102

The section strikes the words and before January 1, 2026 from the matter preceding subparagraph (A) of section 63(c)(7) 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 63(c)(7) is amended-- (1) by striking ", and before January 1, 2026" in the matter preceding subparagraph (A), and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70102
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 bigger deduction carries 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 base figures rise to $23,625 and $15,750

The document says “is amended”Who acts: CongressHow: statuteSec. 70102 in the PDF
What the document says

“by striking "$18,000" both places it appears in subparagraphs (A)(i) and (B)(ii) and inserting "$23,625",”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70102

The section strikes $18,000 in both places in subparagraphs (A)(i) and (B)(ii) of section 63(c)(7) and inserts $23,625, strikes $12,000 in both places in subparagraphs (A)(ii) and (B)(ii) and inserts $15,750, strikes 2018 in subparagraph (B)(ii) and inserts 2025, and strikes 2017 in subparagraph (B)(ii)(II) and inserts 2024.

What the document actually says

“by striking "$18,000" both places it appears in subparagraphs (A)(i) and (B)(ii) and inserting "$23,625",”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70102
That sentence, in plain words

The figure $18,000 is taken out in two places. The figure $23,625 is put in.

What this is about

A second figure goes from $12,000 to $15,750. Two base years also move forward. One goes from 2018 to 2025 and one from 2017 to 2024.

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 changes apply to tax years beginning after December 31, 2024

The document says “shall apply”Who acts: Secretary of the TreasuryHow: statuteSec. 70102 in the PDF
What the document says

“The amendments made by this section shall apply to taxable years beginning after December 31, 2024.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70102

The section applies its amendments to taxable years beginning after December 31, 2024.

What the document actually says

“The amendments made by this section shall apply to taxable years beginning after December 31, 2024.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70102
That sentence, in plain words

The changes start with tax years that begin after December 31, 2024.

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.

Share this page

What This Page Covers, and What It Leaves Out

Each distinct thing the section does: strike the end date and reword the heading, raise the two dollar figures and move the base years, 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 63(c)(7) of the Internal Revenue Code of 1986, which is not indexed here, so how the standard deduction is otherwise worked out cannot be checked against anything on this site.