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139 STAT. 250 PUBLIC LAW 119–21—JULY 4, 2025 ‘‘(3) QUALIFIED FARMER.—The term ‘qualified farmer’ means any individual who is actively engaged in farming (within the meaning of subsections (b) and (c) of section 1001 of the Food Security Act of 1986 (7 U.S.C. 1308–1(b) and (c))). ‘‘(e) RETURN REQUIREMENT.—A taxpayer making an election under subsection (a) shall include with the return for the taxable year of the sale or exchange described in subsection (a) a copy of the covenant or other legally enforceable restriction described in subsection (d)(2)(A)(ii).’’. (b) CLERICAL AMENDMENT.—The table of sections for part IV of subchapter O of chapter 1 is amended by redesignating the item relating to section 1062 as relating to section 1063 and by inserting after the item relating to section 1061 the following new item: ‘‘Sec. 1062. Gain from the sale or exchange of qualified farmland property to quali- fied farmers.’’. (c) EFFECTIVE DATE.—The amendments made by this section shall apply to sales or exchanges in taxable years beginning after the date of the enactment of this Act. SEC. 70438. EXTENSION OF RULES FOR TREATMENT OF CERTAIN DIS- ASTER-RELATED PERSONAL CASUALTY LOSSES. For purposes of applying section 304(b) of the Taxpayer Cer- tainty and Disaster Tax Relief Act of 2020 (division EE of Public Law 116–260), section 301 of such Act shall be applied by sub- stituting the date of the enactment of this section for ‘‘the date of the enactment of this Act’’ each place it appears. SEC. 70439. RESTORATION OF TAXABLE REIT SUBSIDIARY ASSET TEST. (a) IN GENERAL.—Section 856(c)(4)(B)(ii) is amended by striking ‘‘20 percent’’ and inserting ‘‘25 percent’’. (b) EFFECTIVE DATE.—The amendment made by this section shall apply to taxable years beginning after December 31, 2025. CHAPTER 5—ENDING GREEN NEW DEAL SPENDING, PROMOTING AMERICA-FIRST ENERGY, AND OTHER REFORMS 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. 70502. TERMINATION OF CLEAN VEHICLE CREDIT. (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 (1)(B)— (A) in clause (iii), by inserting ‘‘and’’ after the comma at the end, (B) in clause (iv), by striking ‘‘, and’’ and inserting a period, and (C) by striking clause (v), and (2) in paragraph (2)(B)— 26 USC 856 note. Applicability. 26 USC 1062 note. 26 USC prec. 1051.