REDUCE Act of 2021

Hozzl · 2022-12-31T05:36:42Z

Explore the details of House Bill 5389 REDUCE Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

12/31/2022, 5:36 AM

Summary of Bill HR 5389

The REDUCE Act of 2021, also known as Bill 117 hr 5389, is a piece of legislation introduced in the US Congress with the aim of reducing government waste and inefficiency. The bill focuses on streamlining government operations and cutting unnecessary spending in order to save taxpayer dollars.

One of the key provisions of the REDUCE Act is the establishment of a bipartisan commission tasked with identifying areas of government waste and inefficiency. This commission would be responsible for conducting thorough reviews of government programs and operations to determine where cost savings can be achieved.

Additionally, the bill includes measures to improve transparency and accountability in government spending. This includes requirements for agencies to regularly report on their spending and for Congress to conduct oversight hearings to ensure that taxpayer dollars are being used effectively. Overall, the REDUCE Act of 2021 aims to promote fiscal responsibility and efficiency in government operations. By identifying and eliminating waste and inefficiency, the bill seeks to save taxpayer dollars and ensure that government programs are operating in the most cost-effective manner possible.

Congressional Summary of HR 5389

Rewarding Efforts to Decrease Unrecycled Contaminants in Ecosystems Act of 2021 or the REDUCE Act of 2021

This bill imposes an excise tax on any taxable virgin plastic resin.

The bill establishes a Plastic Waste Reduction Fund to carry out reduction and recycling activities, plastic waste and marine debris reduction, detection, monitoring, and cleanup activities, and address environmental justice and pollution impacts from plastic products.

Read the Full Bill

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Current Status of Bill HR 5389

Bill HR 5389 is currently in the status of Bill Introduced since September 27, 2021. Bill HR 5389 was introduced during Congress 117 and was introduced to the House on September 27, 2021. Bill HR 5389's most recent activity was Referred to the Subcommittee on Environment and Climate Change. as of September 28, 2021