U.S. Congress - S.1726 Withholding Tax Relief Act of 2011
S.1726 - Withholding Tax Relief Act of 2011
A bill to repeal the imposition of withholding on certain payments made to vendors by government entities. view all titles (2)
All Bill Titles
- Official: A bill to repeal the imposition of withholding on certain payments made to vendors by government entities. as introduced.
- Short: Withholding Tax Relief Act of 2011 as introduced.
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Latest Vote
Result: Cloture on the Motion to Proceed Rejected - October 20, 2011
Roll call number 178 in the Senate
Question: On Cloture on the Motion to Proceed S. 1726
Required percentage of 'Aye' votes: 3/5 (60%)
Percentage of 'aye' votes:
56%
Official Summary
10/17/2011--Introduced.Withholding Tax Relief Act of 2011 - Repeals the provision in 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.Official Summary
10/17/2011--Introduced.Withholding Tax Relief Act of 2011 - Repeals the provision in 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 $30 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....Read the Rest
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