Senate Bill 3296
116th Congress(2019-2020)
ALIGN Act
Introduced
Introduced
Introduced in Senate on Feb 13, 2020
Overview
Text
Sponsor
Introduced
Feb 13, 2020
Latest Action
Feb 13, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3296
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Pennsylvania
North Carolina
Indiana
Indiana
Louisiana
Colorado
North Dakota
Oklahoma
South Carolina
South Dakota
No Senate votes have been held for this bill.
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.

Text (1)
February 13, 2020
Actions (2)
02/13/2020
Read twice and referred to the Committee on Finance.
02/13/2020
Introduced in Senate
Public Record
Created
Feb 14, 2020 5:57:18 AM
Updated
Mar 24, 2021 4:48:08 AM