Archives: Tax and Fiscal Policy / Model Policies
Archives: Tax and Fiscal Policy / Model Policies (page 2)
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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…
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Statement of Principles for Model State Laws to Encourage Philanthropic Creation and Operation
Philanthropy exemplifies the American ideal of private action in the public interest, demonstrating our faith in the capacity of individual citizens not only to create wealth, but also – voluntarily…
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Model State Administrative Tax Tribunal Act
Section 1. Statement of Purpose To increase public confidence in the fairness of the State tax system, the State shall provide an independent agency with tax expertise to resolve disputes…
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Resolution in Opposition to a Carbon Tax
WHEREAS, affordable and abundant electricity is a strategic resource that is essential to modern life, America’s economic competitiveness. WHEREAS, the application of a carbon tax to gasoline and other transportation…
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Establishing Production of Economic Analysis in the State Legislature Act
Section 1: Scope of the Economist’s Responsibilities An economist in the legislature, or within a pre-existing agency within the state legislature will produce (i) Regulatory Impact Analyses (RIAs) of…
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An Act Relating to Recovery Audits for Government Overpayments of Tax Dollars
Section 1. {Title} Section 2. {Statement of Purpose} (A) The Legislature finds that overpayments are a serious problem for state agencies given the magnitude and complexity of state…
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Resolution to Reduce the State’s Dependence on Federal Funds
Model Resolution WHEREAS, the Legislature of the state declares that the nation’s fiscal recklessness poses a great, clear, and present threat to America’s future; WHEREAS, David Walker, former Comptroller…
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Statement of Principles for Telecommunications Tax Reform
1. Taxes should be economically neutral and equitable. A tax is economically neutral, or efficient, if it does not induce taxpayers to change their behavior in response to the tax. …