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Proposal:ALIGN Act

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

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.

Bill Title

ALIGN Act

Linked Goals

Steps

  • 2020-02-13: Read twice and referred to the Committee on Finance.
  • 2020-02-13: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.