HR 5371 · 117th Congress · Taxation

Permanently Preserving America’s Investment in Manufacturing Act

Introduced 2021-09-24· Sponsored by Rep. Morelle, Joseph D. [D-NY-25]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-09-24)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (11)

5 Democrats6 Republicans
Rep. Smith, Adrian [R-NE-3]NE
Rep. Gonzalez, Vicente [D-TX-15]TX
Rep. Arrington, Jodey C. [R-TX-19]TX
Rep. Cuellar, Henry [D-TX-28]TX
Rep. Williams, Roger [R-TX-25]TX
Rep. Suozzi, Thomas R. [D-NY-3]NY
Rep. Murphy, Gregory [R-NC-3]NC
Rep. Panetta, Jimmy [D-CA-20]CA
Rep. Fitzpatrick, Brian K. [R-PA-1]PA
Rep. Ruppersberger, C. A. Dutch [D-MD-2]MD
Rep. Van Duyne, Beth [R-TX-24]TX