Eliminates the lower ‘tipped’ minimum-wage rate so workers who receive tips must be paid the same statutory minimum wage as other employees and may keep all their tips (except permitted tip pooling). Employers who unlawfully take or keep tips become liable for the full amount. It also creates a new, limited tax deduction allowing individuals to deduct qualified cash tips they reported to their employer, with an adjusted-gross-income cap of $112,500 and special rules so the deduction works for non-itemizers; Treasury must update withholding tables. The tax change takes effect for taxable years beginning after December 31, 2025.