H.R.3877 - 1099K Overreach Prevention Act

To amend the Internal Revenue Code of 1986 to prohibit the Secretary of the Treasury from requiring that taxpayers reconcile amounts with respect to reportable payment transactions to amounts related to gross receipts and sales. view all titles (2)

All Bill Titles

  • Short: 1099K Overreach Prevention Act as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to prohibit the Secretary of the Treasury from requiring that taxpayers reconcile amounts with respect to reportable payment transactions to amounts related to gross receipts and sales. as introduced.

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Interests that support this bill:

Top recipients for ALL supporting interest groups

Name Amount Received Vote On Passage
Rep. Vern Buchanan [R, FL-16] $43,834
Rep. Dennis A. Ross [R, FL-15] $40,000
Rep. Eric Cantor [R, VA-7] $36,375
Rep. Frank Pallone Jr. [D, NJ-6] $32,550
Rep. Patrick J. Tiberi [R, OH-12] $29,250
Rep. John A. Boehner [R, OH-8] $26,800
Rep. Steve Chabot [R, OH-1] $24,100
Rep. Jim Matheson [D, UT-4] $21,500
Rep. Steny H. Hoyer [D, MD-5] $19,000
Rep. John Kline [R, MN-2] $19,000
 
Sen. Rob Portman [R, OH] $87,700
Sen. Roy Blunt [R, MO] $67,250
Sen. Richard Burr [R, NC] $46,525
Sen. John Thune [R, SD] $31,500
Sen. Johnny Isakson [R, GA] $30,425
Sen. Charles E. Schumer [D, NY] $28,800
Sen. Harry Reid [D, NV] $26,850
Sen. Chuck Grassley [R, IA] $25,700
Sen. David Vitter [R, LA] $23,675
Sen. Patrick J. Toomey [R, PA] $22,100

Specific Organizations Supporting H.R.3877

  • Retail Industry Leaders Association
  • National Small Business Association
  • National Federation of Independent Business
  • National Grocers Association
  • National Association for the Self-Employed
  • U. S. Chamber of Commerce
  • International Franchise Association

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