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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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
10/17/11
 
 
 
 
 
 
 

Sponsor

Senator

Mitch McConnell

R-KY

View Co-Sponsors (20)

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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

 

Official Summary

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 $3

Official Summary

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.

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