Bill
Bill > HR6913
summary
Introduced
03/03/2022
03/03/2022
In Committee
03/03/2022
03/03/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
an Act of 2021. IN THE HOUSE OF REPRESENTATIVES MARCH 3, 2022 Mrs. STEEL (for herself, Mr. DONALDS, Mr. BUDD, Mr. BURCHETT, Mr. BUCK, Ms. HERRELL, Mr. GARBARINO, Mr. DUNN, Mr. MCKINLEY, Mr. MCCLINTOCK, Mr. JOHNSON of Ohio, and Mr. GIMENEZ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the amendments made to reporting of third party net- work transactions by the American Rescue Plan Act of 2021.
AI Summary
This bill, the SNOOP Act of 2022 or the Stop the Nosy Obsession with Online Payments Act of 2022, repeals the amendments made to the reporting of third-party network transactions by the American Rescue Plan Act of 2021. Specifically, the bill amends the Internal Revenue Code to reinstate the previous exception for de minimis payments by third-party settlement organizations, where they are only required to report information if the amount exceeds $20,000 and the aggregate number of transactions exceeds 200. This change aims to reduce the reporting burden on individuals and small businesses conducting online transactions.
Committee Categories
Budget and Finance
Sponsors (29)
Michelle Steel (R)*,
Ken Buck (R),
Larry Bucshon (R),
Ted Budd (R),
Tim Burchett (R),
Dan Crenshaw (R),
Mario Diaz-Balart (R),
Byron Donalds (R),
Neal Dunn (R),
Scott Franklin (R),
Andrew Garbarino (R),
Carlos Giménez (R),
Mark Green (R),
Morgan Griffith (R),
Diana Harshbarger (R),
Vicky Hartzler (R),
Yvette Herrell (R),
Richard Hudson (R),
Bill Johnson (R),
Tracey Mann (R),
Tom McClintock (R),
David McKinley (R),
Dan Meuser (R),
Mariannette Miller-Meeks (R),
Ralph Norman (R),
Burgess Owens (R),
María Salazar (R),
Pete Stauber (R),
Greg Steube (R),
Last Action
Referred to the House Committee on Ways and Means. (on 03/03/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/6913/all-info | 03/04/2022 |
| BillText | https://www.congress.gov/117/bills/hr6913/BILLS-117hr6913ih.pdf | 03/09/2022 |
| Bill | https://www.congress.gov/117/bills/hr6913/BILLS-117hr6913ih.pdf.pdf | 03/09/2022 |
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