This bill proposes to amend the Internal Revenue Code of 1986 by repealing a specific modification to the definition of adjusted taxable income (ATI) . This change directly impacts the limitation on how much business interest expense companies can deduct each year under Section 163(j). By striking a particular clause, the legislation aims to revert to an earlier, more expansive method for calculating ATI, which would allow businesses to include depreciation and amortization in their ATI calculation. This adjustment would effectively make the business interest deduction limitation less restrictive, potentially enabling businesses to deduct a greater portion of their interest expenses. The provisions of this bill are slated to take effect for taxable years beginning after December 31, 2025.