S 359 · 112th Congress 2011–2013, ended

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

Fact sheet

Latest action · Feb 16, 2011 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 16, 2011
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

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.

Cosponsors 10

Members who signed on, in the order they did. Signatures ran from Feb 28, 2011 to Mar 9, 2011.

SeatCosponsorSigned on
R-KSJerry MoranFeb 28, 2011
I-WVJoe Manchin IIIFeb 28, 2011
R-NHKelly AyotteFeb 28, 2011
R-MORoy BluntFeb 28, 2011
R-INDaniel CoatsMar 2, 2011
R-MSThad CochranMar 2, 2011
R-OKJames M. InhofeMar 7, 2011
R-WYMichael B. EnziMar 7, 2011
R-NCRichard BurrMar 7, 2011
R-GAJohnny IsaksonMar 9, 2011

Actions 2

Everything that happened, newest first.

  1. Feb 16, 2011Introduced in Senate
  2. Feb 16, 2011Read twice and referred to the Committee on Finance.

Related bills 2

Companion bills and other measures the record links to this one.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Feb 16, 2011Introduced in Senate

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.