HOUSE 2406118th CongressReferred to the House Committee on Ways and Means.

ALIGN Act

Last Action: 3/30/2023

Actions

2023-03-30Referred to the House Committee on Ways and Means.
2023-03-30Introduced in House
2023-03-30Introduced in House

CRS Summary

As of 2023-03-30 (00)

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.

Cosponsors (20)

Vern Buchanan (R-FL)
Carol Miller (R-WV)
Brian Fitzpatrick (R-PA)
Claudia Tenney (R-NY)
Adrian Smith (R-NE)
A. Ferguson (R-GA)
Michelle Steel (R-CA)
Ron Estes (R-KS)
David Kustoff (R-TN)
Blake Moore (R-UT)
Kevin Hern (R-OK)
Randy Feenstra (R-IA)
Darin LaHood (R-IL)
Michelle Fischbach (R-MN)
Michael Guest (R-MS)
Rudy Yakym (R-IN)
Guy Reschenthaler (R-PA)
George Santos (R-NY)
Paul Gosar (R-AZ)
Mark Amodei (R-NV)

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.