US HB5371 | 2021-2022 | 117th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on September 24 2021 - 25% progression, died in committee
Action: 2021-09-24 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 24 2021 - 25% progression, died in committee
Action: 2021-09-24 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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
Permanently Preserving America’s Investment in Manufacturing Act
Sponsors
Rep. Joseph Morelle [D-NY] | Rep. Adrian Smith [R-NE] | Rep. Vicente Gonzalez [D-TX] | Rep. Jody Arrington [R-TX] |
Rep. Henry Cuellar [D-TX] | Rep. Roger Williams [R-TX] | Rep. Thomas Suozzi [D-NY] | Rep. Greg Murphy [R-NC] |
Rep. Jimmy Panetta [D-CA] | Rep. Brian Fitzpatrick [R-PA] | Rep. C.A. Ruppersberger [D-MD] | Rep. Elizabeth Van Duyne [R-TX] |
History
Date | Chamber | Action |
---|---|---|
2021-09-24 | House | Referred to the House Committee on Ways and Means. |
2021-09-24 | House | Introduced in House |
Same As/Similar To
SB1077 (Same As) 2021-04-12 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/117th-congress/house-bill/5371/all-info |
Text | https://www.congress.gov/117/bills/hr5371/BILLS-117hr5371ih.pdf |