H.R. 8101
Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
Sponsor: Ron Estes
23 cosponsors
- Pete Sessions
- John R. Moolenaar
- Mike Carey
- August Pfluger
- Beth Van Duyne
- Tim Moore
- Rudy Yakym III
- Keith Self
- Michelle Fischbach
- Gregory F. Murphy
- Adrian Smith
- Blake D. Moore
- Carol D. Miller
- Claudia Tenney
- Darin LaHood
- David Kustoff
- Jodey C. Arrington
- Kevin Hern
- Max L. Miller
- Nathaniel Moran
- Randy Feenstra
- Vern Buchanan
- Aaron Bean
Official summary
No official summary yet.
Text of the bill
Sec. 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.