S.359: Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about congress
  • Introduced Feb. 16, 2011
  • Latest Major Action Feb. 16, 2011

Bill Summary

Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 - Amends the Internal Revenue Code to: (1) repeal requirements for the reporting to the Internal Revenue Service (IRS) of payments of $600 or more to corporations that are not tax-exempt and of gross proceeds paid in consideration for any type of property, (2) repeal requirements for reporting payments made with respect to rental property which is...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.359.

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Feb. 16, 2011

Introduced in the Senate by Mike Johanns (R-Neb.)

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