S. 1232 · 118th Congress · Senate

AIM Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Apr 20, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. APR 20, 2023IntroReferral

    Introduced in Senate

  2. APR 20, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Apr 20, 2023

Active