ALIGN Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2021
Committee Review
Floor Vote
President
Introduced Apr 15, 2021
Last action Apr 15, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 15, 2021
Committee
Read twice and referred to the Committee on Finance.
upper
Apr 15, 2021
Introduced
Introduced in Senate
upper
1 primary · 16 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Patrick J. Toomey
RRepublican
Co
James E. Risch
RRepublican
Co
James Lankford
RRepublican
Co
John Barrasso
RRepublican
Co
John Boozman
RRepublican
Co
John Kennedy
RRepublican
Co
John Thune
RRepublican
Co
Kevin Cramer
RRepublican
Co
Marco Rubio
RRepublican
Co
Mike Braun
RRepublican
Co
Rob Portman
RRepublican
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