H.R. 5141 (111th): Small Business Paperwork Mandate Elimination Act

111th Congress, 2009–2010. Text as of Apr 26, 2010 (Introduced).

Status & Summary | PDF | Source: GPO

HR 5141 IH

111th CONGRESS

2d Session

H. R. 5141

To repeal the expansion of information reporting requirements for payments of $600 or more to corporations, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

April 26, 2010

Mr. DANIEL E. LUNGREN of California introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To repeal the expansion of information reporting requirements for payments of $600 or more to corporations, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ‘Small Business Paperwork Mandate Elimination Act’.

SEC. 2. REPEAL OF EXPANSION OF INFORMATION REPORTING REQUIREMENTS.

    Section 9006 of the Patient Protection and Affordable Care Act, and the amendments made thereby, are hereby repealed; and the Internal Revenue Code of 1986 shall be applied as if such section, and amendments, had never been enacted.