Small Business Efficiency Act of 2011

Summary

Small Business Efficiency Act of 2011 - 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.

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Timeline

1. 8 July 2011

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 July 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 July 2011

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 July 2011 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 July 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 July 2011

  ViewDownloadOpen at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 8 July 2011

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Brady, Kevin [R-TX-8] · R · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• Rep. Herger, Wally [R-CA-2] · R · Sponsor
• Rep. Tonko, Paul [D-NY-20] · D · Sponsor
• Rep. Johnson, Sam [R-TX-3] · R · Sponsor
• Rep. West, Allen B. [R-FL-22] · R · Cosponsor
• Rep. Owens, William L. [D-NY-23] · D · Cosponsor
• Rep. Poe, Ted [R-TX-2] · R · Cosponsor
• Rep. Paulsen, Erik [R-MN-3] · R · Cosponsor
• Rep. Hayworth, Nan A. S. [R-NY-19] · R · Cosponsor
• Rep. Bishop, Timothy H. [D-NY-1] · D · Cosponsor
• Rep. Cardoza, Dennis A. [D-CA-18] · D · Cosponsor
• Rep. Olson, Pete [R-TX-22] · R · Cosponsor
• Rep. Reed, Tom [R-NY-23] · R · Cosponsor
• Rep. Andrews, Robert E. [D-NJ-1] · D · Cosponsor
• Rep. Farenthold, Blake [R-TX-27] · R · Cosponsor
• Rep. Hall, Ralph M. [R-TX-4] · R · Cosponsor
• Rep. Duffy, Sean P. [R-WI-7] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1986 to clarify the employment tax treatment and reporting of wages paid by professional employer organization, and for other purposes.