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Ensuring Better Interest Treatment and Deductibility Act (EBITDA)

In committee: it can still change before the session ends.

US S 4221 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
9
Latest action
Mar 26, 2026

What it does

The Ensuring Better Interest Treatment and Deductibility Act (EBITDA) would amend the Internal Revenue Code to repeal a recent modification to the definition of adjusted taxable income used in calculating the limitation on business interest deductions. Specifically, it would strike clause (vi) and insert an "and" at the end of clause (iv) in Section 163(j)(8)(A), effectively reverting the definition to its prior form. The change would apply to taxable years beginning after December 31, 2025, affecting businesses subject to the interest deduction limitation under current tax law.

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 26, 2026

  2. Committee (Current step)

    In committee · Mar 26, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Ensuring Better Interest Treatment and Deductibility Act (EBITDA) | 52