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Treasury Offers Key Exceptions To Tax Cut Ban For Fed. Aid

By James Nani · May 10, 2021, 6:55 PM EDT

The U.S. Treasury affirmed in interim guidance Monday that states and localities can't spend American Rescue Plan funds to indirectly offset net tax cuts, but added some key exceptions that include...

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Documents

Case Information

Case Title

State of Texas et al v. Janet Yellen, in her official capacity as Secretary of the Treasury et al

Case Number

2:21-cv-00079

Court

Texas Northern

Nature of Suit

Other Statutes: Constitutionality of State Statutes

Date Filed

May 03, 2021

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