ALIGN Act
USA118th CongressS-1117| Senate
| Updated: 3/30/2023
James Lankford
Republican Senator
Oklahoma
Cosponsors (12)
Mike Braun (Republican)Mike Lee (Republican)James E. Risch (Republican)Marsha Blackburn (Republican)Todd Young (Republican)John Boozman (Republican)John Thune (Republican)Tim Scott (Republican)John Barrasso (Republican)Marco Rubio (Republican)Steve Daines (Republican)Shelley Moore Capito (Republican)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
ALIGN Act
USA118th CongressS-1117| Senate
| Updated: 3/30/2023
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
James Lankford
Republican Senator
Oklahoma
Cosponsors (12)
Mike Braun (Republican)Mike Lee (Republican)James E. Risch (Republican)Marsha Blackburn (Republican)Todd Young (Republican)John Boozman (Republican)John Thune (Republican)Tim Scott (Republican)John Barrasso (Republican)Marco Rubio (Republican)Steve Daines (Republican)Shelley Moore Capito (Republican)
Finance Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted