Pub. L. 119-21, tit. VII, subtit. A, ch. 4, subch. C, sec. 70429

ADJUSTMENT OF CHARITABLE DEDUCTION FOR CERTAIN EXPENSES INCURRED IN SUPPORT OF NATIVE ALASKAN SUBSISTENCE WHALING.

EnactedYear: 2025Length: 52 wordsOfficial source
SEC. 70429. ADJUSTMENT OF CHARITABLE DEDUCTION FOR CERTAIN EXPENSES INCURRED IN SUPPORT OF NATIVE ALASKAN SUBSISTENCE WHALING.(a) In General.—Section 170(n)(1) of the Internal Revenue Code of 1986 is amended by striking “$10,000” and inserting “$50,000”.(b) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
Pub. L. 119-21, tit. VII, subtit. A, ch. 4, subch. C, sec. 70429: ADJUSTMENT OF CHARITABLE DEDUCTION FOR CERTAIN EXPENSES INCURRED IN SUPPORT OF NATIVE ALASKAN SUBSISTENCE WHALING. | Justis AI