Latest OBBBA - Impact topics - Repeal OBBBA Forum

Topic	Views	Activity
Sec. 70119. Extension and modification of exclusion from gross income of student loans discharged on account of death or disability \| Impact CHAPTER-1—PROVIDING-PERMANENT-TAX-RELIEF , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII	3	August 14, 2025
Sec. 70120. Limitation on individual deductions for certain state and local taxes, etc \| Impact CHAPTER-1—PROVIDING-PERMANENT-TAX-RELIEF , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII	3	August 14, 2025
Sec. 70201. No tax on tips \| Impact CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII	3	August 16, 2025
Sec. 70202. No tax on overtime \| Impact CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII	5	August 16, 2025
Sec. 70203. No tax on car loan interest \| Impact CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII	2	August 16, 2025
Sec. 70204. Trump accounts and contribution pilot program \| Impact CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII	3	August 16, 2025
Sec. 70301. Full expensing for certain business property \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	4	August 16, 2025
Sec. 70302. Full expensing of domestic research and experimental expenditures \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	3	August 16, 2025
Sec. 70303. Modification of limitation on business interest \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	3	August 16, 2025
Sec. 70304. Extension and enhancement of paid family and medical leave credit \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	2	August 16, 2025
Sec. 70305. Exceptions from limitations on deduction for business meals \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	2	August 16, 2025
Sec. 70306. Increased dollar limitations for expensing of certain depreciable business assets \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	3	August 16, 2025
Sec. 70307. Special depreciation allowance for qualified production property \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM	2	August 17, 2025
Sec. 70308. Enhancement of advanced manufacturing investment credit \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM	2	August 17, 2025
Sec. 70309. Spaceports are treated like airports under exempt facility bond rules \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII	2	August 17, 2025
Sec. 70311. Modifications related to foreign tax credit limitation \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , PART-I—FOREIGN-TAX-CREDIT , Needs-Text , Impact , TITLE-VII	2	August 17, 2025
Sec. 70312. Modifications to determination of deemed paid credit for taxes properly attributable to tested income \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , PART-I—FOREIGN-TAX-CREDIT , Impact , TITLE-VII	3	August 17, 2025
Sec. 70313. Sourcing certain income from the sale of inventory produced in the United States \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , PART-I—FOREIGN-TAX-CREDIT , Impact , TITLE-VII	2	August 17, 2025
Sec. 70321. Modification of deduction for foreign-derived deduction eligible income and net CFC tested income \| Impact PART-II—FOREIGN-DERIVED-DEDUCTION-ELIGIBLE-INCOME , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII	2	August 17, 2025
Sec. 70322. Determination of deduction eligible income \| Impact PART-II—FOREIGN-DERIVED-DEDUCTION-ELIGIBLE-INCOME , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Needs-Text , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII	2	August 17, 2025
Sec. 70323. Rules related to deemed intangible income \| Impact PART-II—FOREIGN-DERIVED-DEDUCTION-ELIGIBLE-INCOME , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Needs-Text , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII	2	August 17, 2025
Sec. 70331. Extension and modification of base erosion minimum tax amount \| Impact PART-III—BASE-EROSION-MINIMUM-TAX , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Needs-Text , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII	2	August 17, 2025
Sec. 70341. Coordination of business interest limitation with interest capitalization provisions \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-IV—BUSINESS-INTEREST-LIMITATION , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact	2	August 17, 2025
Sec. 70342. Definition of adjusted taxable income for business interest limitation \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-IV—BUSINESS-INTEREST-LIMITATION , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact	2	August 17, 2025
Sec. 70351. Permanent extension of look-thru rule for related controlled foreign corporations \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact	3	August 17, 2025
Sec. 70352. Repeal of election for 1-month deferral in determination of taxable year of specified foreign corporations \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact	2	August 17, 2025
Sec. 70353. Restoration of limitation on downward attribution of stock ownership in applying constructive ownership rules \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact	2	August 17, 2025
Sec. 70354. Modifications to pro rata share rules \| Impact CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact	2	August 17, 2025
Sec. 70401. Enhancement of employer-provided child care credit \| Impact CHAPTER-4—INVESTING-IN-AMERICAN-FAMILIES , SUBCHAPTER-A—PERMANENT-INVESTMENTS-IN-FAMILIES , Needs-Text , TITLE-VII , Subtitle-A—Tax , Impact	2	August 17, 2025
Sec. 70402. Enhancement of adoption credit \| Impact CHAPTER-4—INVESTING-IN-AMERICAN-FAMILIES , SUBCHAPTER-A—PERMANENT-INVESTMENTS-IN-FAMILIES , Needs-Text , TITLE-VII , Subtitle-A—Tax , Impact	2	August 17, 2025

Sec. 70119. Extension and modification of exclusion from gross income of student loans discharged on account of death or disability | Impact

0

3

August 14, 2025

Sec. 70120. Limitation on individual deductions for certain state and local taxes, etc | Impact

CHAPTER-1—PROVIDING-PERMANENT-TAX-RELIEF , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII

0

3

August 14, 2025

Sec. 70201. No tax on tips | Impact

CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII

0

3

August 16, 2025

Sec. 70202. No tax on overtime | Impact

CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII

0

5

August 16, 2025

Sec. 70203. No tax on car loan interest | Impact

CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII

0

2

August 16, 2025

Sec. 70204. Trump accounts and contribution pilot program | Impact

CHAPTER-2—DELIVERING-ON-PRESIDENTIAL-PRIORITIES , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII

0

3

August 16, 2025

Sec. 70301. Full expensing for certain business property | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

4

August 16, 2025

Sec. 70302. Full expensing of domestic research and experimental expenditures | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

3

August 16, 2025

Sec. 70303. Modification of limitation on business interest | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

3

August 16, 2025

Sec. 70304. Extension and enhancement of paid family and medical leave credit | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

2

August 16, 2025

Sec. 70305. Exceptions from limitations on deduction for business meals | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

2

August 16, 2025

Sec. 70306. Increased dollar limitations for expensing of certain depreciable business assets | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

3

August 16, 2025

Sec. 70307. Special depreciation allowance for qualified production property | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM

0

2

August 17, 2025

Sec. 70308. Enhancement of advanced manufacturing investment credit | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , Impact , TITLE-VII , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM

0

2

August 17, 2025

Sec. 70309. Spaceports are treated like airports under exempt facility bond rules | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-A—PERMANENT-US-BUSINESS-TAX-REFORM , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70311. Modifications related to foreign tax credit limitation | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , PART-I—FOREIGN-TAX-CREDIT , Needs-Text , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70312. Modifications to determination of deemed paid credit for taxes properly attributable to tested income | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , PART-I—FOREIGN-TAX-CREDIT , Impact , TITLE-VII

0

3

August 17, 2025

Sec. 70313. Sourcing certain income from the sale of inventory produced in the United States | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , PART-I—FOREIGN-TAX-CREDIT , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70321. Modification of deduction for foreign-derived deduction eligible income and net CFC tested income | Impact

PART-II—FOREIGN-DERIVED-DEDUCTION-ELIGIBLE-INCOME , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Subtitle-A—Tax , Needs-Text , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70322. Determination of deduction eligible income | Impact

PART-II—FOREIGN-DERIVED-DEDUCTION-ELIGIBLE-INCOME , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Needs-Text , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70323. Rules related to deemed intangible income | Impact

PART-II—FOREIGN-DERIVED-DEDUCTION-ELIGIBLE-INCOME , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Needs-Text , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70331. Extension and modification of base erosion minimum tax amount | Impact

PART-III—BASE-EROSION-MINIMUM-TAX , CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , Needs-Text , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact , TITLE-VII

0

2

August 17, 2025

Sec. 70341. Coordination of business interest limitation with interest capitalization provisions | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-IV—BUSINESS-INTEREST-LIMITATION , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact

0

2

August 17, 2025

Sec. 70342. Definition of adjusted taxable income for business interest limitation | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-IV—BUSINESS-INTEREST-LIMITATION , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact

0

2

August 17, 2025

Sec. 70351. Permanent extension of look-thru rule for related controlled foreign corporations | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact

0

3

August 17, 2025

Sec. 70352. Repeal of election for 1-month deferral in determination of taxable year of specified foreign corporations | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact

0

2

August 17, 2025

Sec. 70353. Restoration of limitation on downward attribution of stock ownership in applying constructive ownership rules | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact

0

2

August 17, 2025

Sec. 70354. Modifications to pro rata share rules | Impact

CHAPTER-3—ESTABLISHING-CERTAINTY-JOB-CREATORS , PART-V—OTHER-INTERNATIONAL-TAX-REFORMS , Needs-Text , TITLE-VII , Subtitle-A—Tax , SUBCHAPTER-B—PERMANENT-AMERICA-FIRST-TAX-REFORMS , Impact

0

2

August 17, 2025

Sec. 70401. Enhancement of employer-provided child care credit | Impact

CHAPTER-4—INVESTING-IN-AMERICAN-FAMILIES , SUBCHAPTER-A—PERMANENT-INVESTMENTS-IN-FAMILIES , Needs-Text , TITLE-VII , Subtitle-A—Tax , Impact

0

2

August 17, 2025

Sec. 70402. Enhancement of adoption credit | Impact

CHAPTER-4—INVESTING-IN-AMERICAN-FAMILIES , SUBCHAPTER-A—PERMANENT-INVESTMENTS-IN-FAMILIES , Needs-Text , TITLE-VII , Subtitle-A—Tax , Impact

0

2

August 17, 2025