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Senate Votes No on 1099 Repeal Amendments - PPA Today

Senate Votes No on 1099 Repeal Amendments

Contrary to expectations, the U.S. Senate voted not to repeal the 1099 reporting provisions incorporated into the law in March 2010. The two 1099 amendments we mentioned in yesterday's update were brought to the floor that very afternoon. The amendments put forward by Sen. Mike Johanns (R-NE) and Sen. Ben Nelson (D-NE) were each met with opposition from only a slight majority and failed to pass.  

It's our hope that both the House and the Senate will take up debate on the repeal of the 1099 reporting requirement later this session or when they return in January. However, an attempt to pass the repeal in the House as a "stand alone" bill failed earlier this summer.

Read the full article here.

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This page contains a single entry by Professional Photographers of America (PPA) published on September 15, 2010 9:01 PM.

Senate Returns to Consider 1099 Repeal Bill was the previous entry in this blog.

Learn More About the New Health Care Laws is the next entry in this blog.

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