US SB1232 | 2023-2024 | 118th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 20 2023 - 25% progression
Action: 2023-04-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 20 2023 - 25% progression
Action: 2023-04-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to permanently extend the allowance for depreciation, amortization, or depletion for purposes of determining the income limitation on the deduction for business interest.
Title
AIM Act American Investment in Manufacturing Act
Sponsors
| Sen. Shelley Capito [R-WV] | Sen. Kyrsten Sinema [I-AZ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-04-20 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2788 (Same As) 2023-04-20 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/1232/all-info |
| Text | https://www.congress.gov/118/bills/s1232/BILLS-118s1232is.pdf |
