On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21) — a sweeping omnibus reform package —was signed into law by President Donald Trump. The OBBBA was a key part of the Trump Administration’s core policy agenda and includes expansive policy and regulatory changes impacting nearly every sector of the American economy. The final version is approximately 870 pages and contains hundreds of provisions that impact a diverse range of policies and government initiatives. While much of the media coverage has focused on the phasing out of clean energy provisions – such as the EV tax credit and cuts to Medicaid spending, the bill introduces significant employment law and employee benefits reforms that will impact employers across industries. For our clients and friends, this newsletter summarizes the most significant provisions of the OBBBA for Human Resource professionals, which require attention for compliance as well as opportunities for attracting and retaining talent through benefit program enhancements.