OB3-60
60 Key Provisions of the One Big Beautiful Bill The One Big Beautiful Booklet is a collection of more than 60 memos that examine and summarize the major aspects of the One Big Beautiful Bill – the signature legislative achievement of President Trump and the 119th Congress.
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Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) permanently extended the 2017 Tax Cuts and Jobs Act's (TCJA's) changes to the alternative minimum tax.
READ MORE »Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) (mostly) prevented a harmful increase to a complicated and inefficient extra tax on U.S. multinational corporations.
READ MORE »Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) fixes a feature of the tax deduction for business interest expenses that penalized companies for investing in equipment.
READ MORE »Author: Preston Brashers. The One Big Beautiful Bill extended limits on excess business losses, preventing wealthy individuals from using losses to avoid taxes.
READ MORE »Author: Preston Brashers. The OBBB addressed the carbon oxide sequestration tax credit, reforming energy-related provisions of prior legislation.
READ MORE »Author: Preston Brashers. The One Big Beautiful Bill expanded and made permanent the Child Tax Credit, providing meaningful relief to American families.
READ MORE »Author: Austin Gae. The OBBB expanded the clean fuel production credit, reforming energy tax provisions to support American energy independence.
READ MORE »Author: John Shelton. The One Big Beautiful Bill blocked abortion providers from receiving Medicaid through July 4, 2026.
READ MORE »Author: Preston Brashers. The OBBB ensured employers can continue providing up to $5,250 in student loan assistance to employees tax-free.
READ MORE »The One Big Beautiful Bill made permanent the increased estate tax exemption, protecting family farms and small businesses from the death tax.
READ MORE »The OBBB adjusted the State and Local Tax deduction cap, providing relief to taxpayers in high-tax states while preserving fiscal responsibility.
READ MORE »The One Big Beautiful Bill provided historic funding for border security, including wall construction, personnel, and enforcement infrastructure.
READ MORE »The OBBB increased defense spending to restore American military readiness and ensure the U.S. maintains overwhelming strength on the global stage.
READ MORE »The One Big Beautiful Bill eliminated federal income taxes on tips, delivering on a key promise to American service workers and hospitality employees.
READ MORE »The OBBB exempted overtime pay from federal income taxes, rewarding hardworking Americans who put in extra hours to support their families.
READ MORE »The One Big Beautiful Bill established work requirements for able-bodied Medicaid recipients, encouraging self-sufficiency and protecting the program for those truly in need.
READ MORE »The OBBB reformed the SNAP program to include work requirements and ensure the program serves its intended purpose of helping Americans in need.
READ MORE »The One Big Beautiful Bill restored full and immediate expensing for research and development costs, boosting American innovation and competitiveness.
READ MORE »The OBBB made permanent 100% bonus depreciation, allowing businesses to immediately deduct the full cost of capital investments and equipment purchases.
READ MORE »The One Big Beautiful Bill extended and improved the Opportunity Zone program, directing private capital to underserved communities across America.
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