Section 1. Short title
This Act may be cited as the Ensuring Better Interest Treatment and Deductibility Act (EBITDA).
(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.