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Connected OBBBA topics
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(a) In general.—No Federal funds that are considered direct spending and provided to carry out a State plan under title XIX of the Social Security Act or a waiver of such a plan shall be used to make payments to a …
(a) In general.—Section 1902(a)(34) of the Social Security Act (42 U.S.C. 1396a(a)(34)) is amended to read as follows:
“(34) provide that in the case of any individual who has been determined to be eligible for medical …
The Secretary of Health and Human Services shall not, during the period beginning on the date of the enactment of this section and ending September 30, 2034, implement, administer, or enforce the amendments made by the …
SEC. 71101. Moratorium on implementation of rule relating to eligibility and enrollment in Medicare Savings Programs.
(a) In general.—The Secretary of Health and Human Services shall not, during the period beginning on …
(a) In general.—Section 1905 of the Social Security Act (42 U.S.C. 1396d) is amended by adding at the end the following new subsection:
“(kk) FMAP for treatment of an emergency Medical condition.—Notwithstanding …
(a) Medicaid.—Section 1903(v) of the Social Security Act (42 U.S.C. 1396b(v)) is amended—
(1) in paragraph (1), by striking “and (4)”and inserting “, (4), and (5)”; and
(2) by adding at the end the following new …
(a) Revising home equity limit.—Section 1917(f)(1) of the Social Security Act (42 U.S.C. 1396p(f)(1)) is amended—
(1) in subparagraph (B)—
(A) by striking “A State” and inserting “(i) A State”;
(B) in clause (i), as …
(a) In general.—Section 1902(e)(14) of the Social Security Act (42 U.S.C. 1396a(e)(14)) is amended by adding at the end the following new subparagraph:
“(L) FREQUENCY OF ELIGIBILITY REDETERMINATIONS FOR CERTAIN …
(a) In general.—Section 1903(u)(1) of the Social Security Act (42 U.S.C. 1396b(u)(1)) is amended—
(1) in subparagraph (A)—
(A) by inserting “for audits conducted by the Secretary, or, at the option of the Secretary, …
Section 1902(kk)(1) of the Social Security Act (42 U.S.C. 1396a(kk)(1)) is amended—
(1) by striking “The State” and inserting:
“(A) IN GENERAL.—The State”; and
(2) by adding at the end the following new subparagraph: …
Section 1902 of the Social Security Act (42 U.S.C. 1396a), as amended by section 71103, is further amended—
(1) in subsection (a)—
(A) in paragraph (87), by striking “; and” and inserting a semicolon;
(B) in paragraph …
(a) Medicaid.—
(1) IN GENERAL.—Section 1902 of the Social Security Act (42 U.S.C. 1396a) is amended—
(A) in subsection (a)—
(i) in paragraph (86), by striking “and” at the end;
(ii) in paragraph (87), by striking the …
The Secretary of Health and Human Services shall not, during the period beginning on the date of the enactment of this section and ending September 30, 2034, implement, administer, or enforce the amendments made by the …
(a) In general.—The Secretary of Health and Human Services shall not, during the period beginning on the date of the enactment of this section and ending September 30, 2034, implement, administer, or enforce the …
Subtitle A—Tax
Sec. 70001. References to the Internal Revenue Code of 1986, etc.
CHAPTER 1—PROVIDING PERMANENT TAX RELIEF FOR MIDDLE-CLASS FAMILIES AND WORKERS
Sec. 70101. Extension and enhancement of reduced rates.
Sec. …
SEC. 70601. Modification and extension of limitation on excess business losses of noncorporate taxpayers.
(a) Rule made permanent.—Section 461(l)(1) is amended by striking “and before January 1, 2029,” each place it …
Out of any money in the Treasury not otherwise appropriated, there is hereby appropriated for the fiscal year ending September 30, 2026, $15,000,000, to remain available until September 30, 2026, for necessary expenses …
(a) Social security number of taxpayer required.—Section 25A(g)(1) is amended to read as follows:
“(1) IDENTIFICATION REQUIREMENT.—
“(A) SOCIAL SECURITY NUMBER REQUIREMENT.—No credit shall be allowed under subsection (a) …
(a) Assessable penalty for failure to comply with due diligence requirements.—
(1) IN GENERAL.—Any COVID–ERTC promoter which provides aid, assistance, or advice with respect to any COVID–ERTC document and which fails to …
(a) In general.—Chapter 36 is amended by inserting after subchapter B the following new subchapter:
“subchapter C—Remittance transfers
“Sec. 4475. Imposition of tax.
“SEC. 4475. Imposition of tax.
“(a) In general.—There …
(a) Application of aggregation rules.—Section 162(m) is amended by adding at the end the following new paragraph:
“(7) REMUNERATION FROM CONTROLLED GROUP MEMBERS.—
“(A) IN GENERAL.—In the case of any publicly held …
(a) In general.—Section 707(a)(2) is amended by striking “Under regulations prescribed” and inserting “Except as provided”.
(b) Effective date.—The amendment made by this section shall apply to services performed, and …
(a) Rule made permanent.—Section 461(l)(1) is amended by striking “and before January 1, 2029,” each place it appears.
(b) Adjustment of amounts for calculation of excess business loss.—Section 461(l)(3)(C) is amended— …
SUBCHAPTER A—TERMINATION OF GREEN NEW DEAL SUBSIDIES
SEC. 70501. Termination of previously-owned clean vehicle credit.
Section 25E(g) is amended by striking “December 31, 2032” and inserting “September 30, 2025”.
SEC. …
SEC. 70531. Modifications to de minimis entry privilege for commercial shipments.
(a) Civil penalty.—
(1) ADDITIONAL PENALTY IMPOSED.—Section 321 of the Tariff Act of 1930 (19 U.S.C. 1321) is amended by adding at the end …
(a) Civil penalty.—
(1) ADDITIONAL PENALTY IMPOSED.—Section 321 of the Tariff Act of 1930 (19 U.S.C. 1321) is amended by adding at the end the following new subsection:
“(c) Any person who enters, introduces, …
SEC. 70521. Extension and modification of clean fuel production credit.
(a) Prohibition on foreign feedstocks.—
(1) IN GENERAL.—Section 45Z(f)(1)(A) is amended—
(A) in clause (i)(II)(bb), by striking “and” at the end, …
(a) In general.—Subchapter B of chapter 65, as amended by the preceding provisions of this Act, is amended by adding at the end the following new section:
“SEC. 6435. Dyed fuel.
“(a) In general.—If a person establishes …
(a) In general.—Section 7704(d)(1)(E) is amended—
(1) by striking “income and gains derived from the exploration” and inserting the following: “income and gains derived from—
“(i) the exploration”.
(2) by inserting “or” …
(a) In general.—Section 56A(c)(13) is amended—
(1) by striking subparagraph (A) and inserting the following:
“(A) reduced by—
“(i) depreciation deductions allowed under section 167 with respect to property to which …
(a) Restrictions relating to prohibited foreign entities.—Section 45Q(f) is amended by adding at the end the following new paragraph:
“(10) RESTRICTIONS RELATING TO PROHIBITED FOREIGN ENTITIES.—No credit shall be …
(a) Prohibition on foreign feedstocks.—
(1) IN GENERAL.—Section 45Z(f)(1)(A) is amended—
(A) in clause (i)(II)(bb), by striking “and” at the end,
(B) in clause (ii), by striking the period at the end and inserting “, …
SEC. 70501. Termination of previously-owned clean vehicle credit.
Section 25E(g) is amended by striking “December 31, 2032” and inserting “September 30, 2025”.
SEC. 70502. Termination of clean vehicle credit.
(a) In …
(a) In general.—Section 48C(e)(3)(C) is amended by striking “shall be increased” and inserting “shall not be increased”.
(b) Effective date.—The amendment made by this section shall take effect on the date of enactment …
(a) Modification of provision relating to sale of integrated components.—Paragraph (4) of section 45X(d) is amended to read as follows:
“(4) SALE OF INTEGRATED COMPONENTS.—
“(A) IN GENERAL.—For purposes of this section, …
(a) Termination for wind and solar facilities.—Section 48E(e) is amended—
(1) in paragraph (1), by striking “The amount of” and inserting “Subject to paragraph (4), the amount of”, and
(2) by adding at the end the …
(a) Termination for wind and solar facilities.—Section 45Y(d) is amended—
(1) in paragraph (1), by striking “The amount of” and inserting “Subject to paragraph (4), the amount of”, and
(2) by striking paragraph (3) and …
Section 45V(c)(3)(C) is amended by striking “January 1, 2033” and inserting “January 1, 2028”.
Published with DiscussionBridge from the Repeal OBBBA Forum
Source author: Editor · DiscussionBridge for Hugo 0.2.0-alpha.32
(a) Restrictions relating to prohibited foreign entities.—Section 45U(c) is amended by adding at the end the following new paragraph:
“(3) RESTRICTIONS RELATING TO PROHIBITED FOREIGN ENTITIES.—
“(A) IN GENERAL.—No credit …
(a) Energy property.—Section 168(e)(3)(B)(vi), as amended by section 13703 of Public Law 117–169, is amended—
(1) by striking subclause (I), and
(2) by redesignating subclauses (II) and (III) as subclauses (I) and (II), …
Section 45L(h) is amended by striking “December 31, 2032” and inserting “June 30, 2026”.
Published with DiscussionBridge from the Repeal OBBBA Forum
Source author: Editor · DiscussionBridge for Hugo 0.2.0-alpha.32
Section 179D is amended by adding at the end the following new subsection:
“(i) Termination.—This section shall not apply with respect to property the construction of which begins after June 30, 2026.”.
Published with …
(a) In general.—Section 25D(h) is amended by striking “to property placed in service after December 31, 2034” and inserting “with respect to any expenditures made after December 31, 2025”.
(b) Conforming …
(a) In general.—Section 25C(h) is amended by striking “placed in service” and all that follows through “December 31, 2032” and inserting “placed in service after December 31, 2025”.
(b) Conforming amendment.—Section …
Section 30C(i) is amended by striking “December 31, 2032” and inserting “June 30, 2026”.
Published with DiscussionBridge from the Repeal OBBBA Forum
Source author: Editor · DiscussionBridge for Hugo 0.2.0-alpha.32
Section 45W(g) is amended by striking “December 31, 2032” and inserting “September 30, 2025”.
Published with DiscussionBridge from the Repeal OBBBA Forum
Source author: Editor · DiscussionBridge for Hugo 0.2.0-alpha.32
(a) In general.—Section 30D(h) is amended by striking “placed in service after December 31, 2032” and inserting “acquired after September 30, 2025”.
(b) Conforming amendments.—Section 30D(e) is amended—
(1) in paragraph …
Section 25E(g) is amended by striking “December 31, 2032” and inserting “September 30, 2025”.
Published with DiscussionBridge from the Repeal OBBBA Forum
Source author: Editor · DiscussionBridge for Hugo 0.2.0-alpha.32
SUBCHAPTER A—PERMANENT INVESTMENTS IN FAMILIES AND CHILDREN
SEC. 70401. Enhancement of employer-provided child care credit.
(a) Increase of amount of qualified child care expenditures taken into account.—Section …
SEC. 70431. Expansion of qualified small business stock gain exclusion.
(a) Phased increase in exclusion for gain from qualified small business stock.—
(1) IN GENERAL.—Section 1202(a)(1) is amended to read as follows: …