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Ensuring Better Interest Treatment and Deductibility Act (EBITDA)

The bill amends 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.
Key points
Amends the Internal Revenue Code of 1986.
Repeals the modification of the definition of adjusted taxable income.
Relates to the limitation on business interest.
Applies to taxable years beginning after December 31, 2025.
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Status:
Introduced
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Additional Information
Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
Print number: S 4221
Sponsor: Sen. Capito, Shelley Moore [R-WV]
Process start date: 2026-03-26
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-3.1-pro-preview
Source data: api.congress.gov
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Summary & Status

Key Questions about Ensuring Better Interest Treatment and Deductibility Act (EBITDA)

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is S 4221.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2026-03-26.

What are the main provisions?

Key points include:

  • Amends the Internal Revenue Code of 1986.
  • Repeals the modification of the definition of adjusted taxable income.
  • Relates to the limitation on business interest.
  • Applies to taxable years beginning after December 31, 2025.

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. Capito, Shelley Moore [R-WV].

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 2026-04-07.

Analysis and Potential Impact of S 4221

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

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