AIM Act
- Introduced Apr 20
- Committee Apr 20
- Passed House Next
- Passed Senate Not yet
- To President Not yet
- Law Not yet
Where it stands
In committee, Apr 20, 2023Next: House vote
1287d ago Apr 20, 2023: Referred to the House Committee on Ways and Means.
Final votes
No roll callsNo recorded vote on this bill yet
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Companies lobbying on this bill
4 companiesCompanies by sector
Communications & Media 1Consumer & Retail 1Financials 1Mining & Materials 1
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Votes
No recorded roll-call vote on this bill yet
Member trades
Member trades around the votes Subscribe
Summary
American Investment in Manufacturing Act or the AIM Act
Full summary1 paragraphs
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.
Library of Congress summary, Apr 20, 2023
Summary versions
- Introduced in HouseApr 20, 2023
Actions
- HouseIntroduced in HouseApr 20, 2023
- HouseReferred to the House Committee on Ways and Means.Apr 20, 2023
Bill record
Text versions1
- Introduced in HouseApr 20, 2023PDF: Introduced in House
Committees1
- House Ways and Means CommitteeReferred To Apr 20, 2023
Sponsor and cosponsors11 cosponsors
- Rep. Adrian Smith (R-NE-3)Sponsor, Apr 20, 2023
- Bradley Schneider (D-IL-10)OriginalJoined Apr 20, 2023
- Joseph Morelle (D-NY-25)OriginalJoined Apr 20, 2023
- Kevin Hern (R-OK-1)OriginalJoined Apr 20, 2023
- Darin LaHood (R-IL-16)Joined Jun 5, 2023
- Jimmy Panetta (D-CA-19)Joined Jun 5, 2023
- Brad Wenstrup (R-OH-2)Joined Jun 12, 2023
- C. A. Ruppersberger (D-MD-2)Joined Jun 12, 2023
- Lloyd Smucker (R-PA-11)Joined Jul 27, 2023
- Marilyn Strickland (D-WA-10)Joined Jul 27, 2023
- Jodey Arrington (R-TX-19)Joined Nov 9, 2023
- Mike Quigley (D-IL-5)Joined Nov 9, 2023
Amendments0
No amendments offered
Cost estimates and reports0
No cost estimate or committee report yet
Titles3
Short titles
- AIM ActShort Title(s) as Introduced
- American Investment in Manufacturing ActShort Title(s) as Introduced
Official titles
- 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.Official Title as Introduced
Subjects1
Policy area
Related bills1
- S. 1232 118th, Identical bill AIM Act
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.