SENATE 730117th CongressRead twice and referred to the Committee on Finance.
Let States Cut Taxes Act
- Last Action
- 3/11/2021
Actions
- 2021-03-11Read twice and referred to the Committee on Finance.
- 2021-03-11Introduced in Senate
CRS Summary
As of 2021-03-11 (00)
Let States Cut Taxes Act
This bill removes a prohibition on states and territories using COVID-19 (i.e., coronavirus disease 2019) relief funding under the American Rescue Plan Act of 2021 to offset a reduction in revenue resulting from a reduction in taxes or a delay in the imposition of a tax or tax increase.
Cosponsors (19)
- Jim Inhofe (R-OK)
- Todd Young (R-IN)
- Thomas Tillis (R-NC)
- Marsha Blackburn (R-TN)
- Rick Scott (R-FL)
- Mike Crapo (R-ID)
- Marco Rubio (R-FL)
- Roger Marshall (R-KS)
- Shelley Capito (R-WV)
- Mike Lee (R-UT)
- Deb Fischer (R-NE)
- Bill Hagerty (R-TN)
- Ted Cruz (R-TX)
- John Boozman (R-AR)
- Joni Ernst (R-IA)
- James Risch (R-ID)
- Tom Cotton (R-AR)
- Roger Wicker (R-MS)
- Ron Johnson (R-WI)
Subjects
- Appropriations
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Income tax credits
- Income tax deductions
- Income tax rates
- Infectious and parasitic diseases
- State and local finance
- State and local government operations
- State and local taxation
- U.S. territories and protectorates
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.