US SB1077 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on April 12 2021 - 25% progression, died in committee
Action: 2021-04-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 12 2021 - 25% progression, died in committee
Action: 2021-04-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill 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
| Sen. Roy Blunt [R-MO] | Sen. Rob Portman [R-OH] | Sen. James Lankford [R-OK] | Sen. James Inhofe [R-OK] |
| Sen. Jerry Moran [R-KS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-12 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB5371 (Same As) 2021-09-24 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/senate-bill/1077/all-info |
| Text | https://www.congress.gov/117/bills/s1077/BILLS-117s1077is.pdf |
