Sec. 70429. Adjustment of charitable deduction for certain expenses incurred in support of native alaskan subsistence whaling
Official source: Public Law 119-21, Section 70429 — 139 Stat. 239.
(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.