Bill
Bill > HRes129
US HRes129
US HRes129Providing for consideration of the bill (H.B. 4) to repeal the expansion of information reporting requirements for payments of $600 or more to corporations, and for other purposes.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Sets forth the rule for consideration of the bill (H.B. 4) to repeal the expansion of information reporting requirements for payments of $600 or more to corporations.
AI Summary
This Resolution sets the rules for how the House of Representatives will consider a bill, specifically H.R. 4, which aims to undo a previous change in tax law. This change, enacted in 2021, required businesses to report payments of $600 or more made to corporations to the Internal Revenue Service (IRS). The Resolution makes it possible to debate and vote on H.R. 4, waiving any procedural objections that could block its consideration or passage. It also states that a specific amendment, recommended by the Committee on Ways and Means, will be automatically incorporated into the bill. After this amendment is added, the bill will be considered as if it has already been read aloud, and further procedural objections to its content will be waived. The Resolution then outlines that a final vote on the amended bill will occur after a set period of debate, equally split between the majority and minority party leaders on the Ways and Means Committee, and allows for one final attempt to send the bill back for changes.
Sponsors (1)
Last Action
Motion to reconsider laid on the table Agreed to without objection. (on 03/02/2011)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...