S. 1232 · 118th Congress
AIM Act
- Stage
- In committee
- Sponsor
- Shelley Capito
- Introduced
- 2023-04-20
- Latest action
- 2023-04-20 · Introduced in Senate
Summary
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.