Ask AI
Bill117th CongressFiled Apr 12, 2021Taxation
S. 1077

Permanently Preserving America’s Investment in Manufacturing Act

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary introduced in senate (Apr 12, 2021)

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 just happenedApr 12, 2021

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. Blunt, Roy [R-MO](R-MO)Sponsor
4 cosponsors4 R
Read on Congress.gov
4cosponsors1committees2actions1related bills3subjects
  1. Apr 12, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. Apr 12, 2021IntroReferral10000

    Introduced in Senate

Permanently Preserving America’s Investment in Manufacturing Act — Informed