Roe Supports Passage of H.R. 4
The Small Business Paperwork Mandate Elimination Act of 2011
WASHINGTON D.C. – Today, U.S. Congressman Phil Roe, M.D. (TN-01) voted for passage of H.R. 4, The Small Business Paperwork Mandate Elimination Act of 2011, which addresses one of the most widely unpopular provisions included in the Patient Protection and Affordable Care Act (“PPACA”) by making the following three changes to existing federal law:
H.R. 4 passed the U.S. House of Representatives by a vote of 314-112.
Dr. Roe made the following statement on passage of H.R. 4:
ObamaCare includes a provision buried in its 2,000+ pages that will require every business that conducts more than $600 worth of activity with another business to file a 1099 form with the IRS. Not only would this new tax regulations create mounds of needless paperwork, but it is a nonsensical, job-killing regulation.
Passage of H.R. 4 will eliminate this burdensome regulation, and that is why I am pleased to support it. Repealing the formidable 1099 reporting requirement will provide small businesses with much-needed relief.
This provision of H.R. 4 repeals section 9006 of PPACA effective as of December 31, 2011.