Bill
Bill > HR60
US HR60
US HR60To 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
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 repeals a provision that was added by the Patient Protection and Affordable Care Act, which required businesses to report payments of $600 or more made to corporations, unless those corporations were tax-exempt. The Internal Revenue Code of 1986, which governs federal tax laws, will now be treated as if this reporting requirement for corporations was never put into law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to the House Committee on Ways and Means. (on 01/05/2011)
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/house-bill/60/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112hr60ih/pdf/BILLS-112hr60ih.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112hr60ih/pdf/BILLS-112hr60ih.pdf.pdf |
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