S 1117 118th Congress Senate Taxation

ALIGN Act

Introduced: March 30, 2023 Introduced by: Lankford, James Republican · Oklahoma See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 30, 2023

Read twice and referred to the Committee on Finance.

Mar 30, 2023

Introduced in Senate

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Plain-English summary Congressional Research Service

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 March 30, 2023

Read twice and referred to the Committee on Finance.

Related & companion bills 4

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Finance Committee
Senate

Lobbying activity 2

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

NATIONAL TAXPAYERS UNION
for NATIONAL TAXPAYERS UNION · District of Columbia · 2nd Quarter (Apr 1 - June 30) 2025
NATIONAL TAXPAYERS UNION
for NATIONAL TAXPAYERS UNION · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2025

Cosponsors 10