U.S. Congress - S.18 Small Business Paperwork Mandate Elimination Act
S.18 - Small Business Paperwork Mandate Elimination Act
A bill to repeal the expansion of information reporting requirements for payments of $600 or more to corporations and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to repeal the expansion of information reporting requirements for payments of $600 or more to corporations and for other purposes. as introduced.
- Short: Small Business Paperwork Mandate Elimination Act as introduced.
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Committees
Official Summary
1/25/2011--Introduced.Small Business Paperwork Mandate Elimination Act - Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.Official Summary
1/25/2011--Introduced.Small Business Paperwork Mandate Elimination Act - Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more. Rescinds $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA). Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions....Read the Rest
Organizations Supporting S.18
- Academy of General Dentistry
- American Gastroenterological Association
- American Nursery and Landscaping Association
- Associated Industries of Massachusetts
- Electronic Security Association
- National Association of Enrolled Agents
- ...and 11 more. See all.
Organizations Opposing S.18
- None via MapLight at this time.
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