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Truth in Taxation Act: Transparency for Federal Tax and Fee Changes

This act aims to increase transparency in the legislative process by requiring Congress to clearly state any changes to federal taxes and fees. This will allow citizens to more easily understand how new laws might affect their personal finances before they are passed.
Key points
Any proposed law that changes federal taxes or fees must include a clear statement about these changes in its title.
Failure to include such a statement can lead to the proposal being challenged in Congress, increasing accountability for lawmakers.
Citizens will have easier access to information about potential changes to their financial burdens, helping them to better plan their budgets.
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Additional Information
Truth in Taxation Act of 2021
Print number: HR 3364
Sponsor: Rep. Taylor, Van [R-TX-3]
Process start date: 2021-05-20