Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
This amendment was submitted by Mr. Kennedy. Its purpose is to completely end a tax break, specifically the partial exclusion for gain from certain small business stock.
What It Changes
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The amendment removes section 70431 and replaces it with a new section that completely terminates the tax break.
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It does this by striking section 1202 from part I of subchapter P of chapter 1 of subtitle A.
- 6/30/2025
- Senate amendment submitted
This bill has no cosponsors