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The bill titled "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" was introduced in the 119th Congress as S. 4221 on March 26, 2026.

How will this impact me? ✨
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Judith Shannon profile image

Judith Shannon

829

10 days ago

I don't like this new law, it makes it harder for me to deduct interest on my loans. This is going to hurt my wallet for sure. I wish they would have thought about how this would affect regular people like me before passing it.