A bill to amend the internal revenue code of 1954 to relieve employers of 50 or less employees from the requirement of paying or depositing certain employment taxes more often that once each quarter.

Summary

Provides, under the Internal Revenue Code, that in the case of an employer with 50 or fewer employees, old-age, survivors, and disability insurance, and Federal income tax withholding payments shall not be required more than once quarterly. (Adds 26 U.S.C. 6302 (d))

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

Timeline

1. 4 January 1973

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 4 January 1973

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 4 January 1973

  Open at official source

Sponsors

• Sen. Taft, Robert, Jr. [R-OH] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1954 to relieve employers of 50 or less employees form the requirement of paying or depositing certain employment taxes more often than once each quarter.