Introduced
S. 187
Introduced in Senate · February 20, 2025January 22, 2025
Mr. Lankford (for himself, Mr. Daines, Mr. Barrasso, Mrs. Blackburn, Mr. Young, Mr. Grassley, Mr. Marshall, Mrs. Capito, Mr. Risch, and Mr. Boozman) introduced the following bill; which was read twice and referred to the Committee on Finance
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.
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”.