Senate Bill 1077
117th Congress(2021-2022)
Permanently Preserving America’s Investment in Manufacturing Act
Introduced
Introduced in Senate on Apr 12, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1077
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
April 12, 2021
04/12/2021
Read twice and referred to the Committee on Finance.
04/12/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:49:23 PM