S.2260 - Accountability to Choices of Taxpayers In Our Nation's Budget Priorities

A bill to allow taxpayers the opportunity to specify their choice of Federal budget priorities, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to allow taxpayers the opportunity to specify their choice of Federal budget priorities, and for other purposes. as introduced.
  • Short: Accountability to Choices of Taxpayers In Our Nation's Budget Priorities as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/28/12
 
 
 
 
 
 
 

Sponsor

Senator

Thomas Harkin

D-IA

No Co-Sponsors

Committees

Official Summary

3/29/2012--Introduced.Accountability to Choices of Taxpayers In Our Nation's Budget Priorities - Directs the Secretary of the Treasury to revise individual income tax forms to: (1) contain the latest estimate of federal expenditures in budget authority and show the percentage of the f

Official Summary

3/29/2012--Introduced.Accountability to Choices of Taxpayers In Our Nation's Budget Priorities - Directs the Secretary of the Treasury to revise individual income tax forms to:
(1) contain the latest estimate of federal expenditures in budget authority and show the percentage of the federal budget allocated to specified categories, including social security, education, defense, international affairs, energy, environment, agriculture, and interest on the public debt; and
(2) allow taxpayers to indicate what they believe is the appropriate percentage share for each category of the next federal budget. Requires the Secretary to aggregate the results with appropriate demographic detail, including results by state, and to provide such information to Congress by July 1 of each year.

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