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- S.3783
S.3783: Information Reporting Modernization Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Sept. 14, 2010
- Latest Major Action Sept. 14, 2010
Bill Sponsor
Bill Cosponsor
Bill Summary
Information Reporting Modernization Act of 2010 - Amends the Internal Revenue Code to increase from $600 to $5,000 the threshold amount for reporting to the Internal Revenue Service (IRS) payments made to corporations. Adjusts such increased amount for inflation, beginning after 2012. Requires the Secretary of the Treasury, with respect to tax returns filed in calendar years after 2011, to: (1) upgrade IRS scanning technology to allow for the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
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| Sept. 14, 2010 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |