HR 2788 · 118th Congress · Taxation

AIM Act

Introduced 2023-04-20· Sponsored by Rep. Smith, Adrian [R-NE-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-04-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (11)

6 Democrats5 Republicans
Rep. Morelle, Joseph D. [D-NY-25]NY
Rep. Hern, Kevin [R-OK-1]OK
Rep. Schneider, Bradley Scott [D-IL-10]IL
Rep. LaHood, Darin [R-IL-16]IL
Rep. Panetta, Jimmy [D-CA-19]CA
Rep. Ruppersberger, C. A. Dutch [D-MD-2]MD
Rep. Wenstrup, Brad R. [R-OH-2]OH
Rep. Strickland, Marilyn [D-WA-10]WA
Rep. Smucker, Lloyd [R-PA-11]PA
Rep. Quigley, Mike [D-IL-5]IL
Rep. Arrington, Jodey C. [R-TX-19]TX