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SENATE 1117118th CongressRead twice and referred to the Committee on Finance.

ALIGN Act

Last Action
3/30/2023

Actions

  • 2023-03-30Read twice and referred to the Committee on Finance.
  • 2023-03-30Introduced in Senate

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 (12)

  • James Risch (R-ID)
  • Marco Rubio (R-FL)
  • John Barrasso (R-WY)
  • Mike Braun (R-IN)
  • Marsha Blackburn (R-TN)
  • Todd Young (R-IN)
  • Steve Daines (R-MT)
  • John Boozman (R-AR)
  • John Thune (R-SD)
  • Tim Scott (R-SC)
  • Shelley Capito (R-WV)
  • Mike Lee (R-UT)
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.