Bill > S164

Introduced Session

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.

Committee Categories

Scott Brown (R)*,  Kelly Ayotte (R),  John Barrasso (R),  Mark Begich (D),  Roy Blunt (R),  John Boozman (R),  Richard Burr (R),  Saxby Chambliss (R),  Susan Collins (R),  Mike Crapo (R),  Michael Enzi (R),  Al Franken (D),  Kay Hutchison (R),  James Inhofe (R),  Johnny Isakson (R),  Mike Johanns (R),  Mark Kirk (R),  Amy Klobuchar (D),  Claire McCaskill (D),  Jerry Moran (R),  Lisa Murkowski (R),  Rand Paul (R),  Rob Portman (R),  Mark Pryor (D),  Jim Risch (R),  Marco Rubio (R),  Olympia Snowe (R),  Jon Tester (D),  John Thune (R),  Pat Toomey (R),  Roger Wicker (R), 

Read twice and referred to the Committee on Finance. (on 01/25/2011)

Official Document