H.R. 2788 · 118th Congress
AIM Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
SmithSponsor11 cosponsors · 6 D, 5 R
R
Hern
JM
D
Morelle
BS
D
Schneider
DL
R
LaHood
JP
D
Panetta
CR
D
Ruppersberger
BW
R
Wenstrup
MS
D
Strickland
LS
R
Smucker
JA
R
Arrington
MQ
D
Quigley3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Apr 20, 2023
American Investment in Manufacturing Act or the AIM 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: AIM Act
Also known as: American Investment in Manufacturing Act
Latest action (Apr 20, 2023): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Apr 20, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.