Section 1. Short title
This Act may be cited as the American Investment in Manufacturing and Main Street Act or the AIMM Act.
(a) In general
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,.
(b) Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2021.