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Referenced Laws
Section 163(j)(8)(A)(v)
Section 1
1. Short title This Act may be cited as the American Investment in Manufacturing and Main Street Act or the AIMM Act.
Section 2
2. Permanent extension of allowance for depreciation, amortization, or depletion in determining the limitation on business interest Section 163(j)(8)(A)(v) of the Internal Revenue Code of 1986 is amended by striking in the case of taxable years beginning before January 1, 2022,. The amendment made by this section shall apply to taxable years beginning after December 31, 2021.