Small Business Paperwork Mandate Elimination Act

Small Business Paperwork Mandate Elimination Act - 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.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5141 Introduced in House (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the amendments made thereby, are hereby repealed; and the Internal 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.
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