HR8101119th CongressWALLET

Ensuring Better Interest Treatment and Deductibility Act (EBITDA)

Sponsored By: Representative Estes

Introduced

Summary

Restores the pre-2025 definition of adjusted taxable income used to limit business interest deductions under section 163(j). It removes the change made by Public Law 119-21 so the earlier calculation applies for taxable years beginning after December 31, 2025.

Show full summary
  • Businesses that claim the business interest deduction will revert to the prior adjusted taxable income formula, changing how much interest can be deducted for tax years starting in 2026.
  • Tax preparers and corporate accountants will need to use the restored calculation when applying the section 163(j) limitation for affected tax years.
  • The measure only changes the statutory definition and does not create new programs, funding, or regulatory enforcement mechanisms.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Restore prior interest deduction rules

This bill would repeal a recent change to how "adjusted taxable income" is calculated for the business interest limit. If enacted, it would restore the pre-Public Law 119-21 definition used to compute the section 163(j) business interest deduction. The change would apply to taxable years beginning after December 31, 2025. That could let corporations, partnerships, and pass-through businesses deduct more interest and lower their taxable income, reducing taxes for affected owners.

Sponsors & CoSponsors

Sponsor

Estes

KS • R

Cosponsors

  • Smith (NE)

    NE • R

    Sponsored 3/26/2026

  • Hern (OK)

    OK • R

    Sponsored 3/26/2026

  • Kustoff

    TN • R

    Sponsored 3/26/2026

  • Moore (UT)

    UT • R

    Sponsored 3/26/2026

  • Feenstra

    IA • R

    Sponsored 3/26/2026

  • Miller (WV)

    WV • R

    Sponsored 3/26/2026

  • Miller (OH)

    OH • R

    Sponsored 3/26/2026

  • Moran

    TX • R

    Sponsored 3/26/2026

  • Arrington

    TX • R

    Sponsored 3/26/2026

  • LaHood

    IL • R

    Sponsored 3/26/2026

  • Buchanan

    FL • R

    Sponsored 3/26/2026

  • Tenney

    NY • R

    Sponsored 3/26/2026

Roll Call Votes

No roll call votes available for this bill.

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