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S 1077 117th Congress Senate Taxation Business investment and capital Income tax deductions Interest, dividends, interest rates

Permanently Preserving America’s Investment in Manufacturing Act

Introduced: April 12, 2021 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 12, 2021
Read twice and referred to the Committee on Finance.
Apr 12, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.

What's happening now April 12, 2021

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 5371 Identical bill Permanently Preserving America’s Investment in Manufacturing Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 2

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

 Cosponsors 2
All 2 Republican 2
R
Moran, Jerry
Kansas · Apr 28, 2021
 R
Lankford, James
Oklahoma · Apr 12, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1077: Permanently Preserving America’s Investment in Manufacturing Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-1077/
MLA
"S. 1077: Permanently Preserving America’s Investment in Manufacturing Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1077/.
Bluebook (legal)
S. 1077, 117th Cong. (2026), https://openamerica.io/bill/117-S-1077/.
Markdown link
[S. 1077: Permanently Preserving America’s Investment in Manufacturing Act](https://openamerica.io/bill/117-S-1077/)
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