S. 1117 · 118th Congress · Senate

ALIGN Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Mar 30, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. MAR 30, 2023IntroReferral

    Introduced in Senate

  2. MAR 30, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Mar 30, 2023

Active