SENATE 743117th CongressRead twice and referred to the Committee on Finance.
State Fiscal Flexibility Act of 2021
- Last Action
- 3/15/2021
Actions
- 2021-03-15Read twice and referred to the Committee on Finance.
- 2021-03-15Introduced in Senate
CRS Summary
As of 2021-03-15 (00)
State Fiscal Flexibility Act of 2021
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 (11)
- Charles Grassley (R-IA)
- John Cornyn (R-TX)
- Rob Portman (R-OH)
- Tim Scott (R-SC)
- James Lankford (R-OK)
- Steve Daines (R-MT)
- Todd Young (R-IN)
- James Risch (R-ID)
- John Thune (R-SD)
- Mike Braun (R-IN)
- Joni Ernst (R-IA)
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
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.