S. 743
Referred to CommitteeState Fiscal Flexibility Act of 2021
Introduced 3/15/2021•117th Congress•Senate
Latest Action
Read twice and referred to the Committee on Finance.
3/15/2021 • Senate
Summary
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.
Introduced in Senate • 3/15/2021
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Topics & Subjects
Policy Area: Government Operations and Politics
AppropriationsCardiovascular and respiratory healthEmergency medical services and trauma careIncome tax creditsIncome tax deductionsIncome tax ratesInfectious and parasitic diseasesState and local financeState and local government operationsState and local taxation
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Related Federal Spending
Sponsor & Cosponsors (12)
Party Breakdown
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Democrats
12
Republicans
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Independents
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Cosponsors (11)
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Bill Journey
Originated in the Senate
Introduced
March 15, 2021
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate3/15/2021