Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.2083
S.2083: 1099K Overreach Prevention Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Feb. 9, 2012
- Latest Major Action Feb. 9, 2012
Bill Sponsor
Bill Cosponsor
Bill Summary
1099K Overreach Prevention Act - Amends the Internal Revenue Code to exempt taxpayers who are required to report payments made in settlement of payment card and third party network transactions from any requirement to reconcile such payments to amounts related to gross receipts or sales.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Read twice and referred to the Committee on Finance.
|
|
Feb. 9, 2012 |
Introduced in the Senate by John Thune (R-S.D.) |