H.R. 2558 · 117th Congress
Accelerate Long-term Investment Growth Now Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
122 cosponsors · 122 R
16 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Accelerate Long-term Investment Growth Now Act or the ALIGN Act
What it does: CRS summary · Introduced in House · Apr 15, 2021
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Accelerate Long-term Investment Growth Now Act
Also known as: ALIGN Act
Latest action (Apr 15, 2021): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Apr 15, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.