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H.R. 5371 · 117th Congress

Permanently Preserving America’s Investment in Manufacturing Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

11 cosponsors · 5 D, 6 R

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Permanently Preserving America's Investment in Manufacturing Act

What it does: CRS summary · Introduced in House · Sep 24, 2021

Permanently Preserving America's Investment in Manufacturing Act

This bill makes permanent the allowance for depreciation, amortization, or depletion for purposes of determining the income limitation on the tax deduction for business interest.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Permanently Preserving America’s Investment in Manufacturing Act

Latest action (Sep 24, 2021): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Sep 24, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.