S.1166: ALIGN Act

About This Bill

Bill Version

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
April 15, 2021
Read twice and referred to the Committee on Finance.
April 15, 2021

Introduced in the Senate by Patrick J. Toomey (R-Pa.)

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