Bill116th CongressFiled Feb 13, 2020Taxation
S. 3296
ALIGN Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Feb 13, 2020)
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 just happenedFeb 13, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Toomey, Patrick [R-PA](R-PA)Sponsor
19 cosponsors19 R
19cosponsors1committees2actions2related bills3subjects
- Introduced in SenateFeb 13, 2020
- Feb 13, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Feb 13, 2020IntroReferral10000
Introduced in Senate