Tax and Fiscal Policy

Task Force Description

The ALEC Tax and Fiscal Policy Task Force is dedicated to researching and promoting sound policy aimed at creating a pro-growth atmosphere in state economies. Policies that promote economic growth and increase state competitiveness are achieved by reducing excessive government spending and limiting the overall tax burden. The Task Force’s legislative members are at the forefront of developing sound, fiscally responsible, and free market tax and fiscal policies to address the needs that the states now face.

The Task force has pioneered policies that increase budget transparency, promote state spending limitations, require super-majorities for tax increases, implement dynamic revenue forecasting, and many more. The Task Force has several Subcommittees that examine specific policy areas in detail. These areas include fiscal policy reform, internet taxation, education finance, and public pensions.

The ALEC Tax and Fiscal Policy Task Force is working to provide economically viable, fiscally responsible, and free market solutions to promote economic growth.


All Model Policies

  • Statement of Principles on Sound Rainy Day Fund Practices Final

    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 to earn success and realize their potential. One way that a legislature can ensure this goal is by preparing for …

  • Resolution in Support of End-of-Year Fiscal Responsibility Final

    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 agency mismanagement WHEREAS: In the last quarter of the fiscal year (Q4), federal agencies spent 25.4% more than previous months …

  • Resolution in Opposition to Federal Bailouts of State Budgets Final

    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 direct general expenditures increasing by nearly 90% over the past 40 years when accounting for inflation and population growth; WHEREAS, …

  • Net Operating Loss Reform Act Final

    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. [INSERT STATE] is to adopt or otherwise conform to the federal CARES Act’s Temporary Repeal of Taxable Income Limitation contained …

  • Property Tax Appraisal Reform Act Final

    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 as finally determined under that determination is considered to be the appraised value of the property for that tax year.

  • Truth in Taxation Act Final

    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 rate for the current tax year that would generate the same property tax revenue as levied the previous tax year …

+ All Tax and Fiscal Policy Model Policies

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