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United States · Bill · HR

H.R. 2447 (111th)

Small Business Efficiency Act of 2009

referredUnited States· United States Congress· EN

Introduced

14 May 2009

Last action

14 May 2009 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Pomeroy, Earl [D-ND-At Large], Rep. Brady, Kevin [R-TX-8], Rep. Herger, Wally [R-CA-2], Rep. Kind, Ron [D-WI-3], Rep. Murphy, Scott [D-NY-20], Rep. Tonko, Paul [D-NY-20], Rep. Buchanan, Vern [R-FL-16]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Small Business Efficiency Act of 2009 - Amends the Internal Revenue Code to treat professional employer organizations (PEOs), certified by the Internal Revenue Service (IRS), as employers for employment tax purposes (thus allowing such PEOs to pay wages and collect and remit payroll taxes on behalf of an employer). Sets forth IRS certification requirements for PEOs, including financial review and reporting requirements. Requires a PEO to post a bond, up to $1 million, to guarantee payment of employment taxes. Limits the required bond amount to $50,000 for a newly created PEO during its three-year startup period.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 May 2009

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 14 May 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 14 May 2009

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 14 May 2009

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 14 May 2009

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 14 May 2009

    Open at official source

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Sponsors

Related records

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Sources

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