Taxpayer Receipt Act

II 117TH CONGRESS 1ST SESSION S. 1706 To require the Secretary of the Treasury to provide taxpayers with information regarding the Federal budget. IN THE SENATE OF THE UNITED STATES MAY 19, 2021 Mr. BRAUN (for himself, Mr. SCOTT of Florida, Ms. LUMMIS, and Mr. TILLIS) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs A BILL To require the Secretary of the Treasury to provide taxpayers with information regarding the Federal budget. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Taxpayer Receipt 4 Act’’. 5 SEC. 2. INFORMATION REGARDING THE FEDERAL BUDGET. 6 The Secretary of the Treasury, or the Secretary’s del- 7 egate, shall provide, to each individual filing a Federal in- 8 come tax return for a taxable year, a one-page document 9 VerDate Sep 11 2014 03:28 Jun 03, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1706.IS S1706 kjohnson on DSK79L0C42PROD with BILLS 2 •S 1706 IS which contains, with respect to the most recently com- 1 pleted fiscal year— 2 (1) total Federal outlays during such year; 3 (2) total Federal revenues collected during such 4 year; 5 (3) the Federal deficit or surplus for such year; 6 and 7 (4) the total Federal debt held by the public. 8 Æ VerDate Sep 11 2014 03:28 Jun 03, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S1706.IS S1706 kjohnson on DSK79L0C42PROD with BILLS