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Senate Bill 3009
117th Congress(2021-2022)
Let States Cut Taxes Act
Introduced
Introduced
Introduced in Senate on Oct 19, 2021
Overview
Text
Placed on Calendar Senate 
Oct 20, 2021
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Placed on Calendar Senate(Oct 20, 2021)
Oct 20, 2021
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S. 3009 (Placed-on-Calendar-Senate)

Calendar No. 150

117th CONGRESS
1st Session
S. 3009


To amend title VI of the Social Security Act to remove the prohibition on States and territories against lowering their taxes.

IN THE SENATE OF THE UNITED STATES

October 19, 2021

Mr. Braun introduced the following bill; which was read the first time

October 20, 2021

Read the second time and placed on the calendar

A BILL

To amend title VI of the Social Security Act to remove the prohibition on States and territories against lowering their taxes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Let States Cut Taxes Act”.

SEC. 2. Removal of restriction of use of Coronavirus State Fiscal Recovery funds.

(a) In general.—Paragraph (2) of section 602(c) of the Social Security Act (42 U.S.C. 802(c)) is amended to read as follows:

“(2) FURTHER RESTRICTION ON USE OF FUNDS.—No State or territory may use funds made available under this section for deposit into any pension fund.”.

(b) Conforming amendments.—Section 602 of such Act (42 U.S.C. 802) is further amended—

(1) in subsection (d)(2)(A), by striking “, including, in the case of a State or a territory, all modifications to the State's or territory's tax revenue sources during the covered period”;

(2) in subsection (e), by striking “such subsection,” and all that follows through the period and inserting “such subsection.”; and

(3) in subsection (g)—

(A) by striking paragraph (1); and

(B) by redesignating paragraphs (2) through (7) as paragraphs (1) through (6), respectively.

(c) Effective date.—The amendments made by this section shall take effect as if enacted on March 12, 2021.

Calendar No. 150

117th CONGRESS
     1st Session
S. 3009
A BILL
To amend title VI of the Social Security Act to remove the prohibition on States and territories against lowering their taxes.
October 20, 2021
Read the second time and placed on the calendar