House bill · 119th Congress · Latest step: Introduced
AIMM Act
Official title: 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.
Sponsor: Rep. Adrian Smith R-NEWhere it went
- IntroducedFeb 13, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 13, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 1347.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. SMITH of Nebraska, as printed in the Congressional Record (Vol. 171, No. 30, February 13, 2025, Page H712):Article 1, Section 8, Clause 1Source: Congress.gov, Congressional Record February 13, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 30 characters
- Congress.gov bill record
- H.R. 1347, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1347
- Record last updated by Congress.gov
- December 5, 2025
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
ea7f53a27a710e21a4ff92defec5e966b655765d59d4988feaac6b2d5793a5b9
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of December 5, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 1347, last updated December 5, 2025. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
21 cosponsors — 14 Republicans, 7 Democrats
7 of 21 cosponsors (33%) are from the other party.
Troy Balderson (R-OH), Vern Buchanan (R-FL), Janelle Bynum (D-OR), Mike Carey (R-OH), Sharice Davids (D-KS), Randy Feenstra (R-IA), Brian Fitzpatrick (R-PA), Kevin Hern (R-OK), David Kustoff (R-TN), Darin LaHood (R-IL), Daniel Meuser (R-PA), Max Miller (R-OH), Nathaniel Moran (R-TX), Joseph Morelle (D-NY), Jimmy Panetta (D-CA), Mike Quigley (D-IL), Bradley Schneider (D-IL), Lloyd Smucker (R-PA), Marilyn Strickland (D-WA), Claudia Tenney (R-NY), Rudy Yakym (R-IN).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Adrian Smith.
- H.R. 1346 (119th) To amend the Clean Air Act with respect to the ethanol waiver for Reid Vapor Pressure under that Act, and for other purposes.
- H.R. 3164 (119th) Ensuring Community Access to Pharmacist Services Act
- H.R. 1502 (119th) North Platte Canteen Congressional Gold Medal Act
- H.R. 833 (119th) Educational Choice for Children Act of 2025
- H.R. 2398 (119th) Rural Veterinary Workforce Act
- H.R. 2891 (119th) IRA Charitable Rollover Facilitation and Enhancement Act of 2025
Related bills
- S. 559 (119th) AIMM ActIdentical bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.