US HB705 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 15 2011 - 25% progression, died in chamber
Action: 2011-02-22 - Placed on the Union Calendar, Calendar No. 7.
Text: Latest bill text (Introduced) [PDF]

Summary

Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 - Amends the Internal Revenue Code to: (1) repeal requirements for the reporting to the Internal Revenue Service (IRS) of payments of $600 or more to corporations that are not tax-exempt and of gross proceeds paid in consideration for any type of property, (2) repeal requirements for reporting payments made with respect to rental property which is not part of a trade or business, and (3) increase the limitation on recapture of excess advance payments of the tax credit for health insurance premiums.

Tracking Information

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Title

Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011

Sponsors

Rep. Dave Camp [R-MI]

History

DateChamberAction
2011-02-22HousePlaced on the Union Calendar, Calendar No. 7.
2011-02-22HouseReported (Amended) by the Committee on Ways and Means. H. Rept. 112-16.
2011-02-17HouseOrdered to be Reported (Amended) by the Yeas and Nays: 21 - 15.
2011-02-17HouseCommittee Consideration and Mark-up Session Held.
2011-02-15HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

SB359 (Same As) 2011-02-16 - Read twice and referred to the Committee on Finance.
HR129 (Related) 2011-03-02 - Motion to reconsider laid on the table Agreed to without objection.
HB4 (Related) 2011-04-14 - Became Public Law No: 112-9.

Subjects


US Congress State Sources


Bill Comments

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