Text of Senate Amendment 6176

On 2026-06-24, Senator Shelley Moore Capito (R-WV) delivered a floor speech titled "Text Of Senate Amendment 6176" in the Senate.

Text of Senate Amendment 6176

Congressional Record, Volume 172 Issue 106 (Wednesday, June 24, 2026) [Congressional Record Volume 172, Number 106 (Wednesday, June 24, 2026)] [Senate] [Page S3368] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] 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. ______