Ensuring Better Interest Treatment and Deductibility Act (EBITDA)

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8101 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 8101

 To amend the Internal Revenue Code of 1986 to repeal the modification
   of the definition of adjusted taxable income for purposes of the
                    limitation on business interest.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                             March 26, 2026

 Mr. Estes (for himself, Mr. Smith of Nebraska, Mr. Hern of Oklahoma,
   Mr. Kustoff, Mr. Moore of Utah, Mr. Feenstra, Mrs. Miller of West
Virginia, Mr. Miller of Ohio, Mr. Moran, Mr. Arrington, Mr. LaHood, Mr.
  Buchanan, and Ms. Tenney) introduced the following bill; which was
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL

 To amend the Internal Revenue Code of 1986 to repeal the modification
   of the definition of adjusted taxable income for purposes of the
                    limitation on business interest.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Ensuring Better Interest Treatment
and Deductibility Act (EBITDA)''.

SEC. 2. REPEAL OF MODIFICATION TO DEFINITION OF ADJUSTED TAXABLE INCOME
              FOR PURPOSES OF THE LIMITATION ON BUSINESS INTEREST.

    (a) In General.--Section 163(j)(8)(A) of the Internal Revenue Code
of 1986, as amended by Public Law 119-21, is amended by inserting
``and'' at the end of clause (iv) and by striking clause (vi).
    (b) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2025.
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