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HR 2788 118th Congress House Taxation

AIM Act

Introduced: April 20, 2023 Introduced by: Smith, Adrian Republican · Nebraska See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 20, 2023
Referred to the House Committee on Ways and Means.
Apr 20, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now April 20, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1