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FL H1273
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Status
4/30/2010
Primary Sponsor
David Rivera
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AI Summary
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Urges Congress to repeal Section 511 of the Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA), which requires governments with annual spending exceeding $100 million to withhold 3 percent federal tax on payments for certain goods and services
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States that the 3-percent withholding requirement imposes unfunded compliance costs on state and local governments, reducing resources available for critical public services
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Argues the withholding requirement burdens small businesses that support Florida's economy and dilutes the value of taxpayer dollars
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Directs that copies be sent to the President, Vice President, Speaker of the House, and all members of the Florida congressional delegation
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References H.R. 275 and S. 292 of the 111th Congress as proposed repeal legislation
Legislative Description
Tax Increase Prevention & Reconciliation Act
Last Action
Died in Economic Development & Community Affairs Policy Council
4/30/2010