- Stage
- In committee
- Started in
- House
- Sponsors
- 35
- Latest action
- Jan 21, 2025
What it does
The ALIGN Act would amend the Internal Revenue Code to permanently allow businesses to deduct the full cost of qualified property investments in the year they are made, rather than depreciating them over time. This change applies to property placed in service after September 27, 2017, and includes conforming updates to related tax provisions, such as modifying rules for specified plants and recovery periods for certain assets. The bill aims to encourage long-term investment by making expensing permanent under current law.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Jodey Arrington
- Adrian Smith
- Beth Van Duyne
- Blake Moore
- Brian Fitzpatrick
- Carol Miller
- Claudia Tenney
- Craig Goldman
- Darin LaHood
- David Kustoff
- David Schweikert
- Garland Barr
- Jake Ellzey
- Jefferson Van Drew
- John McGuire
- Kevin Hern
- Kevin Kiley
- Lloyd Smucker
- Mariannette Miller-Meeks
- Mark Amodei
- Max Miller
- Michael Guest
- Mike Carey
- Mike Collins
- Nancy Mace
- Nicholas Begich
- Patrick Fallon
- Pete Stauber
- Randy Feenstra
- Richard Hudson
- Ron Estes
- Rudy Yakym
- Russ Fulcher
- Troy Balderson
- Vern Buchanan
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.