Latest Action
Referred to the House Committee on Ways and Means.
3/30/2023 • House
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 House • 3/30/2023
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Topics & Subjects
Policy Area: Taxation
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Related Federal Spending
Sponsor & Cosponsors (41)
Party Breakdown
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Democrats
41
Republicans
0
Independents
Sponsor
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Cosponsors (40)
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Bill Journey
Originated in the House
Introduced
March 30, 2023
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House3/30/2023