S. 743 · 117th Congress · Senate

State Fiscal Flexibility Act of 2021

Active· Read twice and referred to the Committee on Finance.
Introduced
Mar 15, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. MAR 15, 2021IntroReferral

    Introduced in Senate

  2. MAR 15, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Mar 15, 2021

Active