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S. 2519, The Contracting and Tax Accountability Act of 2007
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on January 4, 2008, 18:30:15, by webmaster:
S. 2519 would prohibit the awarding of a contract or grant in excess of the simplified acquisition threshold unless the prospective contractor or grantee certifies in writing to the agency awarding the contract or grant that the contractor or grantee has no seriously delinquent tax debts.
Detailed Summary
Contracting and Tax Accountability Act of 2007 - Prohibits any person who has a seriously delinquent tax debt from obtaining a federal government contract or grant. Requires federal agency heads to require prospective contractors or grantees to: (1) certify that they do not have such a debt; and (2) authorize the Secretary of the Treasury to disclose information describing whether such contractors or grantees have such a debt.
Defines "seriously delinquent tax debt" and an outstanding tax debt for which a notice of lien has been filed in public records.
Status of the Legislation
Latest Major Action: 12/19/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Points in Favor
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Points Against
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Visitor Comments 
Chris
April 23, 2008, 11:33pm (report abuse)Private contracting companies in Iraq, some with no-bid contracts, are pulling a double rip-off: raking in money on their contracts with nearly no oversight, while at the same time dodging paying their fair share of taxes. War profiteering is bad enough. The least they should be required to do is pay their taxes like the rest of us do instead of setting up off-shore entities to avoid payroll taxes. This bill won't cost ordinary citizens anything -- it will save us money by making these companies like Halliburton spin-off Kellogg, Brown, and Root, and thousands of other tax-dodging contractors pay their fair share.
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