PoliticalRepoPoliticalRepo

United States · Bill · S

S. 359 (112th)

Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011

referredUnited States· United States Congress· EN

Introduced

16 February 2011

Last action

16 February 2011 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Johanns, Mike [R-NE], Sen. Manchin, Joe, III [I-WV], Sen. Ayotte, Kelly [R-NH], Sen. Blunt, Roy [R-MO], Jerry Moran, Sen. Coats, Daniel [R-IN], Rep. Cochran, Thad [R-MS-4], Sen. Enzi, Michael B. [R-WY], Rep. Inhofe, James M. [R-OK-1], Sen. Burr, Richard [R-NC], Sen. Isakson, Johnny [R-GA]

Subjects

Taxation

Source updated

5 December 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 - Amends the Internal Revenue Code to: (1) repeal requirements for the reporting to the Internal Revenue Service (IRS) of payments of $600 or more to corporations that are not tax-exempt and of gross proceeds paid in consideration for any type of property, (2) repeal requirements for reporting payments made with respect to rental property which is not part of a trade or business, and (3) increase the limitation on recapture of excess advance payments of the tax credit for health insurance premiums.

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

Timeline

  1. 16 February 2011

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 16 February 2011

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

Sources

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