S.Amdt. 6176

SA 6176. Mrs. CAPITO (for herself, Mr. Husted, and Mr. Moran)
submitted an amendment intended to be proposed by her to the bill S.
4784, to authorize appropriations for fiscal year 2027 for military
activities of the Department of Defense, for military construction, and
for defense activities of the Department of Energy, to prescribe
military personnel strengths for such fiscal year, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. REPEAL OF MODIFICATION TO DEFINITION OF ADJUSTED
TAXABLE INCOME FOR PURPOSES OF THE LIMITATION
ON BUSINESS INTEREST.

(a) In General.--Section 163(j)(8)(A) of the Internal
Revenue Code of 1986, as amended by Public Law 119-21, is
amended by inserting ``and'' at the end of clause (iv) and by
striking clause (vi).
(b) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2025.
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