summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Withholding Tax Relief Act of 2011- Repeals provisions 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.
AI Summary
This bill, known as the Withholding Tax Relief Act of 2011, aims to eliminate a specific tax requirement that was put in place by the Tax Increase Prevention and Reconciliation Act of 2005. This prior law mandated that federal, state, and local government entities had to withhold, or set aside, 3% of any payments they made to vendors who supplied goods and services to them. Essentially, this bill proposes to repeal that 3% withholding requirement, meaning government entities will no longer be obligated to deduct this percentage from payments to their vendors, and the tax code will revert to how it was before that 2005 provision was enacted.
Committee Categories
Budget and Finance
Sponsors (13)
John Boozman (R),
Richard Burr (R),
Thad Cochran (R),
Dean Heller (R),
John Hoeven (R),
James Inhofe (R),
Johnny Isakson (R),
Mike Johanns (R),
Jerry Moran (R),
Jim Risch (R),
Pat Roberts (R),
David Vitter (R),
Roger Wicker (R),
Last Action
Star Print ordered on on the bill. (on 02/11/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/senate-bill/89/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112s89is/pdf/BILLS-112s89is.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112s89is/pdf/BILLS-112s89is.pdf.pdf |
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