Tax and Fiscal Policy
Task Force Description
The ALEC Tax and Fiscal Policy Task Force is dedicated to researching and promoting sound policy aimed at creating a pro-growth atmosphere in state economies. Policies that promote economic growth and increase state competitiveness are achieved by reducing excessive government spending and limiting the overall tax burden. The Task Force’s legislative members are at the forefront of developing sound, fiscally responsible, and free market tax and fiscal policies to address the needs that the states now face.
The Task force has pioneered policies that increase budget transparency, promote state spending limitations, require super-majorities for tax increases, implement dynamic revenue forecasting, and many more. The Task Force has several Subcommittees that examine specific policy areas in detail. These areas include fiscal policy reform, internet taxation, education finance, and public pensions.
The ALEC Tax and Fiscal Policy Task Force is working to provide economically viable, fiscally responsible, and free market solutions to promote economic growth.
All Model Policies
A Next-Generation Tax and Expenditure Limitation Act Final
A Next-Generation Tax and Expenditure Limitation Act Short Title: Responsible Budgeting Act. Section 1. Structural Balance (a) Sense of the Legislature: Stewarding taxpayers’ funds requires a close connection between spending and revenue. Structural balance provides this link over the medium term instead of each year to provide policy…
Article V Application for a Federal Fiscal Responsibility Amendments Convention to Curb Runaway Inflation and Restore Fiscal Sanity Final
TO MAKE APPLICATION FOR AN INFLATION-FIGHTING, FEDERAL FISCAL RESPONSIBILITY AMENDMENTS (FRA) CONVENTION; TO DEMAND CONGRESS EXPEDITIOUSLY PASS A RESOLUTION DIRECTING THE ARCHIVIST OF THE UNITED STATES TO TRACK AND MAKE PUBLIC A LIST OF APPLICATIONS, AND STIPULATING RATIFICATION BY A VOTE OF THE PEOPLE IN STATE CONVENTIONS. Whereas, Article V…
Protecting Religious Homeschooling Act Final
Section 1. Religious Property Tax Exemption A property tax exemption based on religious purposes includes real property owned by a church which allows its premises to be used by an entity if such entity is not required to make rental payments to the church, is not required to execute a…
Federal Funds Oversight Act Final
(1) State agency federal funding requirements. (a) Prior to accepting federal funding, the state budget office and the agency which will be charged with accepting the federal funding shall provide a report to the governor, state legislature, auditor general, state treasurer and the Independent Fiscal Office (or relevant…
State Government Employee Retirement Protection Act Final
1. Definitions. a. The term “pension benefit plan” or “plan” shall mean any plan, fund or program which was heretofore or is hereafter established, maintained, or offered by [the State] or any subdivision, county, municipality, agency or instrumentality thereof, or any school, college, university, administration, authority, or other…
Resolution Urging Congress to Permanently Extend the Tax Cuts and Jobs Act of 2017 Final
WHEREAS, prior to government-mandated economic shutdowns during the COVID-19 pandemic, the Tax Cuts and Jobs Act of 2017 spurred steady economic expansion and allowed the spirit of entrepreneurship to flourish, while creating new jobs and opportunities for millions of Americans; WHEREAS, the tax cuts of 2017 resulted in a $1.5…