HR-2558 : Still Just a Bill

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

Action DateTypeTextSource
2021-04-15IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2021-04-15IntroReferralIntroduced in HouseLibrary of Congress

Sponsor :

Jodey C. Arrington [R] (TX-19)
See Cosponsors

Policy Area :

Taxation
See Subjects
  • Business investment and capital
  • Income tax deductions
  • Business expenses

Related Bills

See Related Bills