US SB18 | 2011-2012 | 112th Congress

Status

Spectrum: Slight Partisan Bill (Republican 45-16)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Small Business Paperwork Mandate Elimination Act - Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more. Rescinds $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA). Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.

Tracking Information

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Title

Small Business Paperwork Mandate Elimination Act

Sponsors

Sen. Mike Johanns [R-NE]Sen. Lamar Alexander [R-TN]Sen. Kelly Ayotte [R-NH]Sen. John Barrasso [R-WY]
Sen. Mark Begich [D-AK]Sen. Michael Bennet [D-CO]Sen. Roy Blunt [R-MO]Sen. John Boozman [R-AR]
Sen. Scott Brown [R-MA]Sen. Richard Burr [R-NC]Sen. Maria Cantwell [D-WA]Sen. Saxby Chambliss [R-GA]
Sen. Daniel Coats [R-IN]Sen. Tom Coburn [R-OK]Sen. Thad Cochran [R-MS]Sen. Susan Collins [R-ME]
Sen. Bob Corker [R-TN]Sen. John Cornyn [R-TX]Sen. Mike Crapo [R-ID]Sen. John Ensign [R-NV]
Sen. Michael Enzi [R-WY]Sen. Lindsey Graham [R-SC]Sen. Chuck Grassley [R-IA]Sen. Kay Hagan [D-NC]
Sen. Orrin Hatch [R-UT]Sen. John Hoeven [R-ND]Sen. Kay Hutchison [R-TX]Sen. James Inhofe [R-OK]
Sen. Johnny Isakson [R-GA]Sen. Ron Johnson [R-WI]Sen. Mark Kirk [R-IL]Sen. Amy Klobuchar [D-MN]
Sen. Herb Kohl [D-WI]Sen. Jon Kyl [R-AZ]Sen. Mike Lee [R-UT]Sen. Richard Lugar [R-IN]
Sen. Joe Manchin [D-WV]Sen. John McCain [R-AZ]Sen. Claire McCaskill [D-MO]Sen. Mitch McConnell [R-KY]
Sen. Jerry Moran [R-KS]Sen. Lisa Murkowski [R-AK]Sen. Benjamin Nelson [D-NE]Sen. Bill Nelson [D-FL]
Sen. Rand Paul [R-KY]Sen. Rob Portman [R-OH]Sen. Mark Pryor [D-AR]Sen. James Risch [R-ID]
Sen. Pat Roberts [R-KS]Sen. Jeff Sessions [R-AL]Sen. Richard Shelby [R-AL]Sen. Olympia Snowe [R-ME]
Sen. Debbie Stabenow [D-MI]Sen. Jon Tester [D-MT]Sen. John Thune [R-SD]Sen. Pat Toomey [R-PA]
Sen. Mark Udall [D-CO]Sen. David Vitter [R-LA]Sen. Mark Warner [D-VA]Sen. Jim Webb [D-VA]
Sen. Roger Wicker [R-MS]

History

DateChamberAction
2011-01-25SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB4 (Related) 2011-04-14 - Became Public Law No: 112-9.
HB60 (Related) 2011-01-05 - Referred to the House Committee on Ways and Means.
HB144 (Related) 2011-01-05 - Referred to the House Committee on Ways and Means.
SB72 (Related) 2011-01-25 - Read twice and referred to the Committee on Finance.
HB584 (Related) 2011-02-09 - Referred to House Appropriations
SB1885 (Related) 2011-11-17 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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