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United States · Bill · S

S. 2540 (103rd)

Taxpayer Empowerment Act

referredUnited States· United States Congress· EN

Introduced

7 October 1994

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Taxpayer Empowerment Act - Amends the Internal Revenue Code to allow an eligible individual to file a taxpayer empowerment form by April 15 of each year that specifies the individual's allocation of budget authority for major outlay categories. Requires the Secretary of the Treasury to compile such budgeting decisions and report to the House and Senate Budget Committees and the Director of the Office of Management and Budget. Requires the President's budget and the congressional budget to reflect such taxpayer allocations.

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Documents

3 official files

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Sources

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