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What the ‘One Big Beautiful Bill’ means for the construction industry

Daily Commercial News July 11, 2025 1 min read
Construct Connect Canada
What the ‘One Big Beautiful Bill’ means for the construction industry
AI Article Summary

President Donald Trump signed the One Big Beautiful Bill (OBBB) into law, which includes significant changes such as tax cuts, increased defense spending, and regulatory updates. The bill offers 100 percent bonus depreciation on qualifying equipment, aiming to encourage industrial investment. This legislation is expected to have a substantial impact on the U.S. nonresidential construction market.