Bill116th CongressFiled May 12, 2020Taxation
H.R. 6802
ALIGN Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (May 12, 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 happenedMay 12, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Arrington, Jodey C. [R-TX-19](R-TX)Sponsor
71 cosponsors71 R
71cosponsors1committees3actions1related bills3subjects
- Introduced in HouseMay 12, 2020
- May 12, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 12, 2020IntroReferralIntro-H
Introduced in House
- May 12, 2020IntroReferral1000
Introduced in House