SB4221: Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
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.
Plain-language summary
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SB4221: Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
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Sponsors
Shelley Capito
Primary SponsorCo-sponsors (8)
John Cornyn
Marsha Blackburn
Jon Husted
John Boozman
Jerry Moran