S 3296
116th Congress
Senate
Taxation
Business expenses
Business investment and capital
Income tax deductions
ALIGN Act
Introduced: February 13, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2020
Read twice and referred to the Committee on Finance.
Feb 13, 2020
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1