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S. 743

State Fiscal Flexibility Act of 2021

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.

Read twice and referred to the Committee on Finance.

Sen. Crapo, Mike [R-ID](R-ID)Sponsor
11 cosponsors11 R
11cosponsors1committees2actions5related bills10subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

State Fiscal Flexibility Act of 2021 — Informed