Latest Action
Read twice and referred to the Committee on Finance.
3/30/2023 • 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 • 3/30/2023
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Topics & Subjects
Policy Area: Taxation
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (13)
Party Breakdown
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Democrats
13
Republicans
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Independents
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Cosponsors (12)
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Bill Journey
Originated in the Senate
Introduced
March 30, 2023
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 Senate3/30/2023