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139 STAT. 197 PUBLIC LAW 119–21—JULY 4, 2025 (5) by striking subsection (i). (b) NO DOUBLE BENEFIT.—Section 280C(a) is amended— (1) by striking ‘‘45S(a)’’ and inserting ‘‘45S(a)(1)(A)’’, and (2) by inserting after the first sentence the following: ‘‘No deduction shall be allowed for that portion of the premiums paid or incurred for the taxable year which is equal to that portion of the paid family and medical leave credit which is determined for the taxable year under section 45S(a)(1)(B).’’. (c) EFFECTIVE DATE.—The amendments made by this section shall apply to taxable years beginning after December 31, 2025. SEC. 70305. EXCEPTIONS FROM LIMITATIONS ON DEDUCTION FOR BUSINESS MEALS. (a) EXCEPTION TO DENIAL OF DEDUCTION FOR BUSINESS MEALS.—Section 274(o), as added by section 13304 of Public Law 115-97, is amended by striking ‘‘No deduction’’ and inserting ‘‘Except in the case of an expense described in subsection (e)(8) or (n)(2)(C), no deduction’’. (b) MEALS PROVIDED ON CERTAIN FISHING BOATS AND AT CER- TAIN FISH PROCESSING FACILITIES NOT SUBJECT TO 50 PERCENT LIMITATION.—Section 274(n)(2)(C) of the Internal Revenue Code of 1986 is amended by striking ‘‘or’’ at the end of clause (iii) and by adding at the end the following new clause: ‘‘(v) provided— ‘‘(I) on a fishing vessel, fish processing vessel, or fish tender vessel (as such terms are defined in section 2101 of title 46, United States Code), or ‘‘(II) at a facility for the processing of fish for commercial use or consumption which— ‘‘(aa) is located in the United States north of 50 degrees north latitude, and ‘‘(bb) is not located in a metropolitan statistical area (within the meaning of section 143(k)(2)(B)), or’’. (c) EFFECTIVE DATE.—The amendments made by this section shall apply to amounts paid or incurred after December 31, 2025. SEC. 70306. INCREASED DOLLAR LIMITATIONS FOR EXPENSING OF CERTAIN DEPRECIABLE BUSINESS ASSETS. (a) IN GENERAL.—Section 179(b) is amended— (1) in paragraph (1), by striking ‘‘$1,000,000’’ and inserting ‘‘$2,500,000’’, and (2) in paragraph (2), by striking ‘‘$2,500,000’’ and inserting ‘‘$4,000,000’’. (b) CONFORMING AMENDMENTS.—Section 179(b)(6)(A) is amended— (1) by inserting ‘‘(2025 in the case of the dollar amounts in paragraphs (1) and (2))’’ after ‘‘In the case of any taxable year beginning after 2018’’, and (2) in clause (ii), by striking ‘‘determined by substituting ‘calendar year 2017’ for ‘calendar year 2016’ in subparagraph (A)(ii) thereof.’’ and inserting ″determined by substituting in subparagraph (A)(ii) thereof— ‘‘ ‘‘(I) in the case of amounts in paragraphs (1) and (2), ‘calendar year 2024’ for ‘calendar year 2016’, and 26 USC 274 note. 26 USC 45S note.