Pub. L. 119-21, tit. VII, subtit. A, ch. 1, sec. 70115 (as amended)
EXTENSION AND ENHANCEMENT OF INCREASED LIMITATION ON CONTRIBUTIONS TO ABLE ACCOUNTS.
SEC. 70115. EXTENSION AND ENHANCEMENT OF INCREASED LIMITATION ON CONTRIBUTIONS TO ABLE ACCOUNTS.
(a) In General.—Section 529A(b)(2)(B) is amended—
(1) in clause (i), by inserting “(determined by substituting ‘1996’ for ‘1997’ in paragraph (2)(B) thereof)” after “section 2503(b)”, and
(2) in clause (ii), by striking “before January 1, 2026”.
(b) [26 U.S.C. 529A note] Effective Dates.—
(1) In general.—Except as otherwise provided in this subsection, the amendments made by this section shall apply to contributions made after December 31, 2025.
(2) Modified inflation adjustment.—The amendment made by subsection (a)(1) shall apply to taxable years beginning after December 31, 2025.
- Cross-references to the US Code
- 26 U.S.C. 529A note