Saving Gig Economy Taxpayers Act
Latest action · Dec 10, 2024 Placed on the Union Calendar, Calendar No. 696.
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.
- IntroducedJan 9, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Saving Gig Economy Taxpayers Act
This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network.
This reverses a provision in the American Rescue Plan Act of 2021 that lowered the reporting threshold to $600 with no minimum on the number of transactions.
Cosponsors 48
Members who signed on, in the order they did. Signatures ran from Jan 9, 2023 to Dec 19, 2023; 13 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-GA | A. Drew Ferguson IV | Original | Jan 9, 2023 |
| R-NE | Adrian Smith | Original | Jan 9, 2023 |
| R-OH | Brad R. Wenstrup | Original | Jan 9, 2023 |
| R-IL | Darin LaHood | Original | Jan 9, 2023 |
| R-TN | David Kustoff | Original | Jan 9, 2023 |
| R-AZ | David Schweikert | Original | Jan 9, 2023 |
| R-NC | Gregory F. Murphy | Original | Jan 9, 2023 |
| R-TX | Jodey C. Arrington | Original | Jan 9, 2023 |
| R-OK | Kevin Hern | Original | Jan 9, 2023 |
| R-PA | Lloyd Smucker | Original | Jan 9, 2023 |
| R-PA | Mike Kelly | Original | Jan 9, 2023 |
| R-KS | Ron Estes | Original | Jan 9, 2023 |
| R-FL | Vern Buchanan | Original | Jan 9, 2023 |
| R-TX | Beth Van Duyne | Jan 12, 2023 | |
| R-UT | Chris Stewart | Jan 12, 2023 | |
| R-NY | Claudia Tenney | Jan 12, 2023 | |
| R-NY | Nicole Malliotakis | Jan 12, 2023 | |
| R-UT | Blake D. Moore | Jan 24, 2023 | |
| R-PA | Brian K. Fitzpatrick | Jan 24, 2023 | |
| R-MI | John R. Moolenaar | Jan 24, 2023 | |
| R-IA | Randy Feenstra | Jan 24, 2023 | |
| R-FL | W. Gregory Steube | Jan 24, 2023 | |
| R-OH | Mike Carey | Jan 25, 2023 | |
| R-MN | Michelle Fischbach | Jan 26, 2023 | |
| R-CA | Michelle Steel | Jan 27, 2023 | |
| R-SC | Ralph Norman | Feb 14, 2023 | |
| R-NY | George Santos | Feb 17, 2023 | |
| R-SC | Jeff Duncan | Feb 17, 2023 | |
| R-PA | Scott Perry | Feb 17, 2023 | |
| R-CA | Tom McClintock | Feb 17, 2023 | |
| R-VA | Ben Cline | Mar 28, 2023 | |
| R-MN | Brad Finstad | Mar 28, 2023 | |
| R-CA | David G. Valadao | Mar 28, 2023 | |
| R-IA | Mariannette Miller-Meeks | Mar 28, 2023 | |
| R-FL | Laurel M. Lee | Apr 13, 2023 | |
| R-OK | Stephanie I. Bice | Apr 18, 2023 | |
| R-NY | Brandon Williams | Apr 20, 2023 | |
| R-TN | Diana Harshbarger | Apr 20, 2023 | |
| R-MS | Mike Ezell | Apr 28, 2023 | |
| R-TX | Nathaniel Moran | Apr 28, 2023 | |
| R-IN | Rudy Yakym III | May 10, 2023 | |
| R-AZ | Andy Biggs | May 11, 2023 | |
| R-FL | Kat Cammack | May 11, 2023 | |
| R-WV | Alexander X. Mooney | Jul 11, 2023 | |
| R-NY | Nick LaLota | Jul 14, 2023 | |
| R-CA | Ken Calvert | Jul 25, 2023 | |
| R-WI | Mike Gallagher | Dec 6, 2023 | |
| R-FL | Bill Posey | Dec 19, 2023 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jan 9, 2023Markup Sep 11, 2024Reported Dec 10, 2024 |
Actions 6
Everything that happened, newest first.
- Dec 10, 2024Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-857.
- Dec 10, 2024Placed on the Union Calendar, Calendar No. 696.
- Sep 11, 2024Committee Consideration and Mark-up Session Held
- Sep 11, 2024Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 22 - 16.
- Jan 9, 2023Introduced in House
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Oct 21, 2024H.R. 190, Saving Gig Economy Taxpayers ActAs ordered reported by the House Committee on Ways and Means on September 11, 2024
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 7, January 9, 2023, page H112.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 118-4 | PRESIDENT BIDEN'S FISCAL YEAR 2024 BUDGET REQUEST WITH TREASURY SECRETARY YELLEN177 pages | Ways and Means Committee | Mar 10, 2023 |
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 26 | SNOOP Act of 2023 | Related bill | Jan 23, 2023 |
| S 123 | BAD IRS Activities Act | Related bill | Jan 30, 2023 |
| HR 3425 | Saving Gig Economy Taxpayers Act | Reintroduction of | May 20, 2021 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to reinstate the exception for de minimis payments by third party settlement organizations with respect to returns relating to payments made in settlement of payment card and third party network transactions, as in effect prior to the enactment of the American Rescue Plan Act.
- Short Title(s) as Introduced
- Saving Gig Economy Taxpayers Act
- Short Title(s) as Reported to House
- Saving Gig Economy Taxpayers Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 2
Each version as it was printed, newest first.
- Dec 10, 2024Reported in House
- Jan 9, 2023Introduced in House
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
