S. 1117 · 118th Congress
Accelerate Long-term Investment Growth Now Act
- Stage
- In committee
- Sponsor
- James Lankford
- Introduced
- 2023-03-30
- Latest action
- 2023-03-30 · Introduced in Senate
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.