One Big Beautiful Bill Becomes Law—What It Means for Your Business
Published on July 10, 2025
New Tax Breaks, Workforce Wins, and Industry Support
On July 4, 2025, H.R. 1—known as the “One Big Beautiful Bill”—was signed into law. At 870 pages, it’s one of the most sweeping federal laws in recent history. But here’s the bottom line for TNLA members: it includes some powerful wins for your business.
Here’s what matters most:
🌿 529 Plans Can Now Fund Certifications
You can now use 529 education savings to cover industry licenses—like irrigator training, pesticide applicator certification, or landscape credentials. This makes workforce development more accessible for young professionals in our industry.
🔧 Full Write-Offs for Equipment & R&D
Businesses can now fully expense:
That means lower tax bills and more room to innovate and invest.
🏦 Loan Interest Deductions Restored
Businesses that borrow to buy land, expand greenhouses, or manage inventory can now deduct more interest expenses, thanks to the return of EBITDA-based limits.
💼 199A Pass-Through Deduction Made Permanent
The Qualified Business Income deduction for S-corps, LLCs, and sole proprietors now increases from 20% to 23% starting in 2026. That’s more relief for small and mid-sized businesses.
🌱 Expanded Grower Support & Plant Protection
These provisions mean long-term investment in plant health, crop resilience, and industry sustainability.
The Takeaway:
While the bill didn’t fix everything (especially on the labor side), it delivers significant financial and operational benefits for Texas green industry businesses. TNLA will continue monitoring how funding rolls out—and will keep pushing for additional reforms where they’re needed most.
Here’s what matters most:
🌿 529 Plans Can Now Fund Certifications
You can now use 529 education savings to cover industry licenses—like irrigator training, pesticide applicator certification, or landscape credentials. This makes workforce development more accessible for young professionals in our industry.
🔧 Full Write-Offs for Equipment & R&D
Businesses can now fully expense:
- New equipment purchases (tractors, irrigation systems, etc.)
- Research and development costs in the year spent
That means lower tax bills and more room to innovate and invest.
🏦 Loan Interest Deductions Restored
Businesses that borrow to buy land, expand greenhouses, or manage inventory can now deduct more interest expenses, thanks to the return of EBITDA-based limits.
💼 199A Pass-Through Deduction Made Permanent
The Qualified Business Income deduction for S-corps, LLCs, and sole proprietors now increases from 20% to 23% starting in 2026. That’s more relief for small and mid-sized businesses.
🌱 Expanded Grower Support & Plant Protection
- Increased funding for Specialty Crop Block Grants
- Boosted dollars for invasive pest management
- Extended citrus disease research funding
- More than doubled funds for the Specialty Crop Research Initiative
These provisions mean long-term investment in plant health, crop resilience, and industry sustainability.
The Takeaway:
While the bill didn’t fix everything (especially on the labor side), it delivers significant financial and operational benefits for Texas green industry businesses. TNLA will continue monitoring how funding rolls out—and will keep pushing for additional reforms where they’re needed most.