Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 3296

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, and for other purposes.
About This Bill
Committee
Latest Action · February 13, 2020
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
February 13, 2020
Cosponsors (19)
0D 19R
View PDF ↗

Summary

Highlight any text to annotate
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.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.