S. 743 · 117th Congress
State Fiscal Flexibility Act of 2021
- Stage
- In committee
- Sponsor
- Mike Crapo
- Introduced
- 2021-03-15
- Latest action
- 2021-03-15 · Introduced in 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.