Last action was on 3-13-2025
Current status is Read twice and referred to the Committee on Finance.
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(a) In general - Section 48(c)(1)(E) of the Internal Revenue Code of 1986 is amended by striking "January 1, 2025" and inserting "January 1, 2033".
(b) Effective date - The amendments made by this section shall apply to property the construction of which begins after December 31, 2024.