S.570: A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about congress
  • Introduced April 14, 1997
  • Latest Major Action June 5, 1997

Bill Summary

Amends the Internal Revenue Code to exempt from the electronic fund transfer system for the collection of taxes businesses with an aggregate amount of depository taxes below an applicable dollar amount.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Subcommittee on Taxation & IRS Oversight. Hearings held. Hearings printed: S.Hrg. 105-907.
April 14, 1997

Introduced in the Senate by Don Nickles (R-Okla.)

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