S.Res. 111 (112th): A resolution expressing the sense of the Senate that Congress should reject any proposal for the creation of a system of global taxation and regulation.

Introduced:
Mar 29, 2011 (112th Congress, 2011–2013)
Sponsor:
Sen. David Vitter [R-LA]
Status:
Died (Referred to Committee)

The resolution’s title was written by the resolution’s sponsor. S.Res. stands for Senate simple resolution.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


3/29/2011--Introduced.
Expresses the sense of the Senate that Congress should reject any proposal for the creation of: (1) innovative financing mechanisms or global taxes; (2) an international system of government bailouts for the financial sector; (3) a global cap-and-trade system or other climate regulations that would punish businesses in, and limit the competitiveness of, the United States; and (4) a global tax system that would violate U.S. sovereignty.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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