Latest Action
Read twice and referred to the Committee on Finance.
4/15/2021 • Senate
Summary
Accelerate Long-term Investment Growth Now Act or the ALIGN Act
This bill makes permanent the expensing of certain new business equipment. Expensing allows the deduction of the full amount of an expense item in the same taxable year.
Introduced in Senate • 4/15/2021
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Topics & Subjects
Policy Area: Taxation
Business expensesBusiness investment and capitalIncome tax deductions
Congressional Votes (0)
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Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (17)
Party Breakdown
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Democrats
17
Republicans
0
Independents
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Cosponsors (16)
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Bill Journey
Originated in the Senate
Introduced
April 15, 2021
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate4/15/2021