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Small Business Investor Tax Parity Act of 2025.

This bill amends the Internal Revenue Code of 1986 to allow the deduction under section 199A to apply to qualified BDC interest dividends in the same manner as qualified REIT dividends. These changes apply to taxable years beginning after December 31, 2026.
Key points
Extends the deduction under section 199A to qualified BDC interest dividends.
Treats BDC dividends in the same manner as qualified REIT dividends.
The changes apply to tax years beginning after December 31, 2026.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_S_2962
Sponsor: Sen. Banks, Jim [R-IN]
Process start date: 2025-10-01
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OFFICIAL LEGAL TITLE

Small Business Investor Tax Parity Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2962.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-10-01.

What are the main provisions?

Key points include:

  • Extends the deduction under section 199A to qualified BDC interest dividends.
  • Treats BDC dividends in the same manner as qualified REIT dividends.
  • The changes apply to tax years beginning after December 31, 2026.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Banks, Jim [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Taxes Economy