1099 Repeal Moves Forward
August 26, 2011
Both the House and the Senate have approved separate provisions to repeal the health care law’s burdensome 1099 reporting mandate. Beginning in 2012, every transaction with an outside vendor totaling more than $600 will have to be detailed on an IRS Form 1099.
On Feb. 17, the Senate approved, as part of the FAA Air Transportation & Safety Improvement Act (S. 223), a provision to scrap the onerous requirement. Subsequently, the House passed a separate measure (H.R. 4) to repeal the 1099 mandate. Despite bipartisan endorsement by both chambers, efforts to rescind the obligation are not over as the House and Senate have yet to agree on a unified approach to offset the expected revenue from the 1099 requirement.
ARSA joined more than 100 other organizations on a letter to House Ways & Means Committee Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI) urging immediate action to repeal the mandate.
More from ARSA
On April 26, the FAA published to the Federal Register its new rule expanding Safety Management Systems (SMS) requirements to all operators of commuter and on-demand service and commercial air…
Read More
April 23, 2024 | Categories:
ARSA News & Updates
ARSA has been approached by a government contractor preparing a Commercialization Readiness Assessment Report for a product developed through the Small Business Innovation Research (SBIR) Program. The product being assessed…
Read More
April 16, 2024 | Categories:
Act Now,
ARSA News & Updates
March 12-15, 2024
Sponsors | Information
Arlington, Virginia and Washington, D.C. with Livestream Options for Conference Ambassadors
Conference Highlight – In the Fire with AVS-1
On March 14, ARSA Executive Director…
Read More
On April 8, ARSA and four other industry trade associations commented on an FAA notice of proposed rulemaking to consolidate the many falsification sections across 14 CFR into a single…
Read More
April 09, 2024 | Categories:
ARSA News & Updates,
ARSA Works,
Aviation Policy,
Drug and Alcohol,
EASA,
FAA,
Legislative,
Operations,
Press Releases,
Regulatory,
Rulemaking
On April 5, a group of seven aviation trade associations submitted joint comments to the FAA’s notice of proposed rulemaking to extend drug and alcohol testing requirements to repair station…
Read More