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The bill, titled "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 under the designation H.R. 8101 on March 26, 2026. It aims to repeal the modification of the definition of adjusted taxable income for the purpose of limiting business interest. The specific provisions or directives beyond this repeal are not detailed in the provided context.

How will this impact me? ✨
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Comments

Megan Levine profile image

Megan Levine

755

8 days ago

I don't think this new law is gonna help me at all. I heard it's gonna change how interest is treated for taxes, but I'm not sure how that's gonna affect my wallet. Seems like just another way for the government to mess with our money. #EBITDA #taxes #confused

Kate Park profile image

Kate Park

724

7 days ago

So, what's the deal with this EBITDA thing? How is it gonna impact us in the short term?