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OK.here are the “final statements” I can provide with regard to the set I have and @Lee M. ordered.
First.. as it turns out, I was referring to changes/updates to The Hobbit. As it turns out, @Squint-eyed Southerner was referring to Lord of the Rings updates.
SO: The Hobbit in the set indeed has the most current, corrected Hobbit text.
AND: The Lord of the Rings in the set, published 2020, includes the 2004 and the 2014 corrections.
P.S. I'm very unfamiliar with the workings and customs of forums such as this. Is there a particular way I can make known or put on record here the specialness of how you responded to my question?