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REDUCE Act of 2021
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.
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
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
Bipartisan Support of Bill HR 5389
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
12Democrat Cosponsors
12Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5389
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 5389
To amend the Internal Revenue Code of 1986 to establish an excise tax on plastics.
REDUCE Act of 2021
REDUCE Act of 2021
Rewarding Efforts to Decrease Unrecycled Contaminants in Ecosystems Act of 2021
Comments
Sponsors and Cosponsors of HR 5389
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