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S 944

Sarah Debbink Langenkamp Active Transportation Safety Act

119th Congress Introduced by Angela Alsobrooks and 10 co-sponsors

Bill S 944 holds individuals liable for using false records affecting tax payments, aiming to boost compliance and protect state and local government revenues.

Introduced in Senate
0
WeVote Research Nonpartisan
Bill Summary · S 944

Summary of Bill S 944

Bill Number: S 944
Title: Relates to the liability of a person who makes or uses a false record or statement material to an obligation to pay money to the state or a local government under the tax law
Status: Referred to Finance
Introduced: January 08, 2025
Classification: Bill

Purpose and Intent

Bill S 944 aims to address the issue of false records and statements related to tax obligations owed to the state or local governments. The primary intent of the bill is to enhance accountability and deter fraudulent activities by imposing liability on individuals who create or utilize false documentation that affects tax payments.

Key Provisions

  • Liability for False Records: The bill establishes that individuals who knowingly make or use false records or statements that are material to an obligation to pay taxes will be held liable. This includes any documentation that misrepresents financial information or tax obligations.

  • Scope of Application: The provisions apply to both state and local government tax obligations, ensuring comprehensive coverage across different levels of government.

  • Enforcement Mechanisms: The bill outlines potential penalties for those found guilty of violating its provisions, although specific penalties are not detailed in the summary provided.

Impact

  • Affected Parties: The legislation primarily impacts individuals and entities that engage in tax reporting and compliance. This includes taxpayers, tax preparers, and businesses that may be tempted to falsify records to reduce tax liabilities.

  • Government Revenue: By imposing stricter liabilities for false statements, the bill aims to protect state and local government revenues, potentially increasing compliance and reducing tax evasion.

Procedural Aspects

  • Legislative Process: As of January 8, 2025, the bill has been referred to the Finance Committee for further consideration. This step is crucial for evaluating the bill's provisions, potential impacts, and any necessary amendments before it can proceed to a vote.

Related Bills

Bill S 944 is related to several prior-session bills, including:
- S 8872
- S 5319
- S 556

These related bills may provide context or additional frameworks that inform the current legislation's approach to tax compliance and liability.

This summary provides an overview of Bill S 944, highlighting its purpose, key provisions, and potential impacts on individuals and government entities. Further developments will depend on the outcomes of the legislative process within the Finance Committee.

Compiled from official sources — confirm details with the bill’s official record.

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