This legislation, known as the Ensuring Better Interest Treatment and Deductibility Act (EBITDA) , aims to amend the Internal Revenue Code of 1986. Specifically, it seeks to repeal a modification to the definition of adjusted taxable income that impacts the limitation on business interest deductions. By striking a particular clause in the tax code, the bill effectively reverts the method used to calculate the maximum amount of business interest that can be deducted. This adjustment is intended to provide businesses with more flexibility in deducting their interest expenses. The changes outlined in this Act will apply to taxable years beginning after December 31, 2025.