The amendments made to Sections 1221(a)(3) and 1231(b)(1)(C) of the Internal Revenue Code by Section 13314 of Public Law 115-97, relating to certain self-created property not treated as a capital asset, shall not apply.

(Added by Stats. 2025, Ch. 231, Sec. 62. (SB 711) Effective October 1, 2025.)