Task timeout_seconds not enforced

[EmilRex]

Bug summary

Task timeouts do not appear to actually be enforced. A TimeoutError is eventually raised but not when it's supposed to be.

The docs contain the following example:

from prefect import task
import time

@task(timeout_seconds=1, log_prints=True)
def show_timeouts():
    print("I will execute")
    time.sleep(5)
    print("I will not execute")

Inspect the logs to see that 5 seconds actually pass before the TimeoutError occurs. Increase the seconds to a higher number to make it more noticeable.

Version info (prefect version output)

Version:             2.20.10
API version:         0.8.4
Python version:      3.12.7
Git commit:          4fb64ec3
Built:               Wed, Oct 16, 2024 1:24 PM
OS/Arch:             darwin/arm64
Profile:             local
Server type:         server

Additional context

No response