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FL H1287
M
Status
3/4/2011
Primary Sponsor
Perry Thurston
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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, 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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Characterizes Section 511 as an unfunded mandate that increases state operating costs and administrative burden on state agencies
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Argues the withholding requirement diverts resources from critical state services and reduces the value of taxpayer dollars
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Contends the mandate negatively impacts small businesses in Florida's economy
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Directs copies of the memorial be sent to the President, Congressional leadership, and Florida's delegation to Congress
Legislative Description
Tax Increase Prevention & Reconciliation Act
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011