Introduced
S. 4221
Introduced in Senate · April 3, 2026March 26, 2026
Mrs. Capito (for herself, Mr. Cornyn, Mrs. Blackburn, and Mr. Husted) introduced the following bill; which was read twice and referred to the Committee on Finance
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)”.