summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Small Business Paperwork Mandate Elimination Act of 2011 - 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.
AI Summary
This bill, titled the Small Business Paperwork Mandate Elimination Act of 2011, aims to remove a requirement that was added by the Patient Protection and Affordable Care Act, a major healthcare reform law. Specifically, it repeals a provision that mandated corporations, unless they are tax-exempt, to report payments of $600 or more to the government. The bill seeks to revert the Internal Revenue Code of 1986 to its state before this reporting requirement was enacted, thereby reducing paperwork burdens for businesses.
Committee Categories
Budget and Finance
Sponsors (24)
Daniel Akaka (D),
Max Baucus (D),
Mark Begich (D),
Richard Blumenthal (D),
Scott Brown (R),
Sherrod Brown (D),
Maria Cantwell (D),
Ben Cardin (D),
Chris Coons (D),
Al Franken (D),
John Kerry (D),
Amy Klobuchar (D),
Mary Landrieu (D),
Frank Lautenberg (D),
Joseph Lieberman (I),
Joe Manchin (I),
Bob Menendez (D),
E. Benjamin Nelson (D),
Harry Reid (D),
John Rockefeller (D),
Chuck Schumer (D),
Jeanne Shaheen (D),
Debbie Stabenow (D),
Sheldon Whitehouse (D),
Last Action
Read twice and referred to the Committee on Finance. (on 01/25/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/senate-bill/72/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112s72is/pdf/BILLS-112s72is.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112s72is/pdf/BILLS-112s72is.pdf.pdf |
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