Big Beautiful Bill Tax Incentives

The Big Beautiful Bill restored 100% first-year depreciation on qualifying property. Without this change, bonus depreciation would have dropped to 40% in 2025, 20% in 2026, and then disappeared in 2027. Instead, businesses now have a long-term way to fully expense qualifying investments right away.

With 2025 almost behind us, now is the time to plan for 2026. If your company has been putting off a new facility, these rules could make a General Steel building the right move.

The Big Beautiful Bill reversed the phase-down of bonus depreciation and created new paths to expense both equipment and certain buildings. For manufacturers, it opened an extended window through 2033 to deduct entire facilities. For others, it restored 100% write-offs on shorter-life property and expanded deductions for upgrades and efficiency improvements.

For companies weighing a new facility, 2026 is shaping up to be one of the best times in years to build. Planning now ensures you’ll be ready to take advantage when the calendar turns.

Next Step: If your business is weighing an expansion or new facility, General Steel can help design a building that meets your operational needs while positioning you to take full advantage of the opportunities created by the Big Beautiful Bill.