Amendment · S.Amdt. 6176· Senate(119-SAMDT-6176)
S.Amdt. 6176
Age: 73 years
West Virginia
- Introduced
- 6/24/2026
- Sponsored by
- Shelley Capito
- Cosponsors
- - 2 - 0
- Changes bill
- 119-S-4784 — National Defense Authorization Act for Fiscal Year 2027
- Introduced
- Pending Consideration
What this amendment would do
SA 6176, submitted by Mrs. Capito, Mr. Husted, and Mr. Moran, aims to change the bill S. 4784.
The purpose of this amendment is the repeal of modification to definition of adjusted taxable income for purposes of the limitation on business interest.
Specifically, it intends to:
- Amend Section 163(j)(8)(A) of the Internal Revenue Code of 1986 by inserting "and" at the end of clause (iv).
- Strike clause (vi) of the same section.
These changes apply to taxable years that begin after December 31, 2025.
- 6/24/2026
- 2 Cosponsors added.
- Senate amendment submitted
Jon HustedRepublican · Ohio
Jerry MoranRepublican · Kansas