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TREAS/IRS RIN: 1545-BR92 Publication ID: 2026 
Title: ●Revision of the Business Interest Limitation Regulations under IRC 163(j) 
Abstract:

This NPRM will revise the IRC section 163(j) regulations concerning the limitation of business interest deductions pursuant to recent legislation enacted as the One, Big Beautiful Bill Act, Pub. L. 119-21 sections 70303, 70341, and 70342.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
EO 14192 Designation: Other 
CFR Citation: 26 CFR 1.163(j)-1    26 CFR 1.163(j)-2    26 CFR 1.163(j)-3    26 CFR 1.163(j)-7    26 CFR 1.163(j)-8    ...     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Pub. L. 119-21 Sections: 70303, 70341, 70342    26 CFR 1.163(j)-1    26 CFR 1.163(j)-2    26 CFR 1.163(j)-3    26 CFR 1.163(j)-7    26 CFR 1.163(j)-8    26. U.S.C. 7805    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/00/2026 
Additional Information: REG-114598-25 Drafting attorney: Elizabeth Choi, (202) 317-4863 Reviewing attorney: Justin Grill, (202) 317-4850 Treasury attorney: Jonathan LaPlante, (202) 705-5035, Heather Harman, (202) 622-2623, Daniel Penrith, (202) 679-2039 CC: ITA
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Justin Grill
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW,
Washington, DC 20224
Phone:202 317-4850
Fax:855 576-2335
Email: justin.r.grill@irscounsel.treas.gov