Archives: Tax and Fiscal Policy / Model Policies
Archives: Tax and Fiscal Policy / Model Policies (page 2)
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Federal Funds Oversight Act
(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…
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State Government Employee Retirement Protection Act
(1) Definitions (a) The term “defined benefit pension plan” or “plan” shall mean any plan, fund or program which was heretofore or is hereafter established, maintained, or offered…
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Resolution Urging Congress to Permanently Extend the Tax Cuts and Jobs Act of 2017
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,…
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Statement of Principles on State Taxation of Digital Advertising and Data Usage
Statement of Principles Opposition to Discriminatory Tax Treatment Well-crafted tax policy should not favor one form of commerce over another. Policies that target digital goods and services for taxation that…
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Statement of Principles on Balancing Budgets Over the Business Cycle
Statement of Principles Annual Balance is Disruptive and Creates Uncertainty Households and businesses benefit from stable and predictable state government services. Yet state spending tends to boom along with the…
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Resolution Urging Congress to Protect Consumer Privacy in Banking and Financial Transactions
Resolution Urging Congress to Protect Consumer Privacy in Banking and Financial Transactions WHEREAS, the Biden Administration and some in Congress have proposed changes to tax information reporting which…
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Statement of Principles on ARPA Aid to State Governments
Statement of Principles Temporary Funds Require Temporary Spending History reveals that federal spending and bailouts are not a “free lunch” for states. Academic research shows that federal aid to the…
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Resolution Urging Congress to Let States Cut Taxes
Model Resolution WHEREAS, the American Rescue Plan Act (ARPA) included $350 billion in State and Local Fiscal Recovery Funds, despite an increase in total state and local revenue in calendar…
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Statement of Principles on Sound Rainy Day Fund Practices
Guiding Principles of State Rainy Day Funds The American Legislative Exchange Council (ALEC) is committed to developing state budgetary policies that foster an economy that works for all, empowering people…
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Resolution in Support of End-of-Year Fiscal Responsibility
WHEREAS: Waste, fraud, and abuse occur frequently in agency budget processes WHEREAS: Congress has the responsibility to ensure agency waste, fraud, and abuse is minimized and taxpayers are protected from…
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Resolution in Opposition to Federal Bailouts of State Budgets
WHEREAS, the national debt surpassed $27 trillion in October 2020; WHEREAS, states – like the federal government – have demonstrated a lack of spending restraint, with state and local government…
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Net Operating Loss Reform Act
Section 1. Adopt the Net Operating Loss Provisions of the Internal Revenue Code as amended by the Coronavirus Aid, Relief and Economic Security (CARES) Act in Response to COVID-19 Pandemic.
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Property Tax Appraisal Reform Act
SECTION 1 Amends [INSERT STATE] Tax Code, as follows: If the appraised value of property in a tax year is lowered upon taxpayer appeal, the appraised value of the property…
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Truth in Taxation Act
As used in this section: (1) “Taxing subdivision” means any political subdivision of the state that levies an ad valorem tax on property. (2) “Revenue neutral rate” means the tax…
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Statement of Principles on Truth in Property Taxation
Guiding Principles: Utah’s Example Utah enacted its Truth in Taxation law in 1985 to provide a solution to taxpayer unrest from ever-increasing property taxes. Accountability – While Utah’s law does…
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Resolution Regarding the Impact of Federal Lands on the State Education System
WHEREAS, the power to tax is the fuel of self-governance; WHEREAS, the right and authority of state and local governments to promote the highest value and use of land is…
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Resolution Supporting Equal Tax Treatment for All Vehicles
WHEREAS, the federal government currently offers a tax credit of $7,500 each for certain types of vehicles up to a threshold of 200,000 per automobile manufacturer; and WHEREAS, tax…
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State Grant Transparency and Accountability Act
Model Policy Section 1. {Purpose} The State Department charged with overseeing State grants, within 12 months after the effective date of this Act, shall establish grant data standards and…
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Evaluating Tax Revenue Foregone from Federally Controlled Lands
Foregone property tax evaluation procedures. • As used in this section: (a)(i) “Federally controlled land” means any land within the exterior boundaries of the state that is controlled…
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Resolution in Opposition to Taxation or Regulation Without Representation
Resolution: WHEREAS, online businesses face a national onslaught of state sales tax regulations and obligations that defy the Commerce Clause of the United States Constitution; WHEREAS, our nation’s entrepreneurs are…