Introduced
H. R. 574
Introduced in House · February 20, 2025January 21, 2025
Mr. Arrington (for himself, Mr. Estes, Mr. LaHood, Ms. Tenney, Mr. Hern of Oklahoma, Mr. Buchanan, Ms. Van Duyne, Mr. Feenstra, Mrs. Miller of West Virginia, Mr. Miller of Ohio, Mr. Fulcher, Mr. Collins, Ms. Mace, Mr. Carey, and Mr. Kustoff) introduced the following bill; which was referred to the Committee on Ways and Means
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Accelerate Long-term Investment Growth Now Act” or the “ALIGN Act”.