US SB2260 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 29 2012 - 25% progression, died in committee
Action: 2012-03-29 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Accountability to Choices of Taxpayers In Our Nation's Budget Priorities

Sponsors

Sen. Tom Harkin [D-IA]

History

DateChamberAction
2012-03-29SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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