Sen. Capito Introduces Ensuring Better Interest Treatment and Deductibility Act
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-04-05
Bailey Malota
WASHINGTON, April 5 -- Sen. Shelley Moore Capito, R-WV, has introduced the Ensuring Better Interest Treatment and Deductibility Act, a legislative effort aimed at amending the Internal Revenue Code to enhance tax treatment for businesses by repealing specific limitations on business interest deductions.
The proposed bill seeks to reverse modifications to the definition of adjusted taxable income that were instituted by previous legislation. By clarifying and reinstating certain tax . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, April 5 -- Sen. Shelley Moore Capito, R-WV, has introduced the Ensuring Better Interest Treatment and Deductibility Act, a legislative effort aimed at amending the Internal Revenue Code to enhance tax treatment for businesses by repealing specific limitations on business interest deductions.
The proposed bill seeks to reverse modifications to the definition of adjusted taxable income that were instituted by previous legislation. By clarifying and reinstating certain tax . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com