US SB164 | 2011-2012 | 112th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 25-6)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Withholding Tax Relief Act of 2011- Repeals the provision of the Tax Increase Prevention and Reconciliation Act of 2005 requiring federal, state, and local governmental entities to withhold 3% of payments due to vendors providing goods and services to such entities. Rescinds permanently $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA). Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.

Tracking Information

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Title

Withholding Tax Relief Act of 2011

Sponsors


History

DateChamberAction
2011-01-25SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB89 (Related) 2011-02-11 - Star Print ordered on on the bill.
HB674 (Related) 2011-11-21 - Became Public Law No: 112-56.
SB1720 (Related) 2011-10-18 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 203.
SB1726 (Related) 2011-10-20 - Cloture on the motion to proceed to the bill not invoked in Senate by Yea-Nay Vote. 57 - 43. Record Vote Number: 178. (consideration: CR S6840-6841; text: CR S6840)
SB1762 (Related) 2011-10-31 - Read twice and referred to the Committee on Finance.
SB1885 (Related) 2011-11-17 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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