Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 7079 (117th)

Cut Red Tape For Online Sales Act

referredUnited States· United States Congress· EN

Introduced

15 March 2022

Last action

15 March 2022 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Pappas, Chris [D-NH-1], Rep. Axne, Cynthia [D-IA-3], Rep. Sánchez, Linda T. [D-CA-38], Rep. Cohen, Steve [D-TN-9], Rep. Horsford, Steven [D-NV-4], Rep. DelBene, Suzan K. [D-WA-1], Rep. Krishnamoorthi, Raja [D-IL-8], Rep. Strickland, Marilyn [D-WA-10], Rep. Ross, Deborah K. [D-NC-2], Rep. Sewell, Terri A. [D-AL-7], Rep. Swalwell, Eric [D-CA-15], Rep. Perlmutter, Ed [D-CO-7], Rep. Gottheimer, Josh [D-NJ-5], Rep. Lieu, Ted [D-CA-36], Rep. Schneider, Bradley Scott [D-IL-10], Rep. Kildee, Daniel T. [D-MI-5], Rep. Evans, Dwight [D-PA-3], Rep. Boyle, Brendan F. [D-PA-2], Rep. Neguse, Joe [D-CO-2], Rep. Kuster, Ann M. [D-NH-2], Rep. Cuellar, Henry [D-TX-28]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Cut Red Tape For Online Sales Act This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned $5,000 or more. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network. The bill also requires entities that report income to to issue a plain-language description of the taxability of income reported on Form 1099-K.

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

Timeline

  1. 15 March 2022

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 15 March 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 15 March 2022

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

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

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

  • Introduced in House (text)

    Introduced in House · EN · 15 March 2022

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 15 March 2022

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Introduced in House

    summary · EN · 15 March 2022

    Open at official source

    Leesvertaling

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

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

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.