HR16 Alabama 2021 Session

Summary

Primary Sponsor

Wes AllenSecretary

Republican

Co-Sponsor

Rhett Marques

Session

Second Special Session 2021

Title

Biden Administration Tax Information Reporting proposal, Legislature opposes

Summary

This Alabama House resolution opposes the federal plan to require banks to report personal account data, calling it a sweeping invasion of financial privacy.

What This Bill Does

If enacted, HR16 would formally oppose the Biden Administration’s American Families Plan tax information reporting proposal. It frames the plan as a privacy invasion, highlights privacy concerns, and instructs that copies of the resolution be sent to the President, IRS Commissioner, Treasury Secretary, and Alabama’s congressional delegation.

Who It Affects

• Alabama residents whose financial privacy is claimed to be at risk by the federal reporting proposal.
• Federal government officials named in the resolution (IRS Commissioner and Treasury Secretary) and Alabama's congressional delegation, who would receive copies of the resolution.

Key Provisions

• Opposes the tax information reporting provisions of the Biden Administration's American Families Plan.
• Describes the proposal as an invasion of financial privacy without clear justification.
• Requires copies of the resolution to be delivered to President Joe Biden, IRS Commissioner Charles Rettig, Treasury Secretary Janet Yellen, and Alabama's congressional delegation.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Resolutions, Legislative