118th Congress Taxation
S. 1232: AIM Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Kyrsten Sinema I-AZOriginal
Who scored on this bill
- 1Shelley Capito SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Shelley Capito
- S. 4949: Water Resources Development Act of 2026
- S. 98: Rural Broadband Protection Act of 2025
- S. 351: STEWARD Act of 2025
- S. 2587: Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2026
- S.J.Res. 55: Disapproval of National Highway Traffic Safety Administration rule: Federal Motor Vehicle Safety Standards; Fuel System Integrity of Hydrogen Vehicles; Compressed Hydrogen Storage System Integrity; Incorporation by Reference
- S. 347: Brownfields Reauthorization Act of 2025
History
- Introduced in the Senate by Shelley Capito.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance.


