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139 STAT. 165 PUBLIC LAW 119–21—JULY 4, 2025 exceeds the dollar amount at which the 37 percent rate bracket under section 1 begins with respect to the taxpayer. ‘‘(b) COORDINATION WITH OTHER LIMITATIONS.—This section shall be applied after the application of any other limitation on the allowance of any itemized deduction.’’. (b) LIMITATION NOT APPLICABLE TO DETERMINATION OF DEDUC- TION FOR QUALIFIED BUSINESS INCOME.— (1) IN GENERAL.—Section 199A(e)(1) is amended by inserting ‘‘without regard to section 68 and’’ after ‘‘shall be computed’’. (2) PATRONS OF SPECIFIED AGRICULTURAL AND HORTI- CULTURAL COOPERATIVES.—Section 199A(g)(2)(B) is amended by inserting ‘‘section 68 or’’ after ‘‘without regard to’’. (c) EFFECTIVE DATE.—The amendments made by this section shall apply to taxable years beginning after December 31, 2025. SEC. 70112. EXTENSION AND MODIFICATION OF QUALIFIED TRANSPOR- TATION FRINGE BENEFITS. (a) IN GENERAL.—Section 132(f) is amended— (1) by striking subparagraph (D) of paragraph (1), (2) in paragraph (2), by inserting ‘‘and’’ at the end of subparagraph (A), by striking ‘‘, and’’ at the end of subpara- graph (B) and inserting a period, and by striking subparagraph (C), (3) by striking ‘‘(other than a qualified bicycle commuting reimbursement)’’ in paragraph (4), (4) by striking subparagraph (F) of paragraph (5), and (5) by striking paragraph (8). (b) INFLATION ADJUSTMENT.—Clause (ii) of section 132(f)(6)(A) is amended by striking ‘‘1998’’ in clause (ii) and inserting ‘‘1997’’. (c) COORDINATION WITH DISALLOWANCE OF CERTAIN EXPENSES.—Subsection (l) of section 274 is amended— (1) by striking ‘‘BENEFITS.—’’ and all that follows through ‘‘No deduction’’ and inserting ‘‘BENEFITS.—No deduction’’, and (2) by striking paragraph (2). (d) EFFECTIVE DATE.—The amendments made by this section shall apply to taxable years beginning after December 31, 2025. SEC. 70113. EXTENSION AND MODIFICATION OF LIMITATION ON DEDUCTION AND EXCLUSION FOR MOVING EXPENSES. (a) EXTENSION OF LIMITATION ON DEDUCTION.—Section 217(k) is amended— (1) by striking ‘‘, and before January 1, 2026’’, and (2) by striking ‘‘2018 THROUGH 2025’’ in the heading and inserting ‘‘BEGINNING AFTER 2017’’. (b) ALLOWANCE OF DEDUCTION FOR MEMBERS OF THE INTEL- LIGENCE COMMUNITY.—Section 217(k), as amended by subsection (a), is further amended— (1) by striking ‘‘2017.—Except in the case’’ and inserting ‘‘2017.— ‘‘(1) IN GENERAL.—Except in the case’’, and (2) by adding at the end the following new paragraph: ‘‘(2) MEMBERS OF THE INTELLIGENCE COMMUNITY.—An employee or new appointee of the intelligence community (as defined in section 3 of the National Security Act of 1947 (50 U.S.C. 3003)) (other than a member of the Armed Forces of the United States) who moves pursuant to a change in assign- ment which requires relocation shall be treated for purposes 26 USC 132 note. 26 USC 68 note. Applicability.