Manchin Votes to Repeal Onerous 1099 Provision, Applauds Bipartisan Effort
Manchin, with Senator Johanns (R-Neb.) Led Bipartisan Effort to Eliminate 1099 and Hurdles for Small Businesses
Washington, D.C. — As the lead Democrat on a measure to repeal part of the health care law, U.S. Senator Joe Manchin (D-W.Va.) voted today in favor of that bill, which will eliminate the onerous 1099 mandate of the new health care law that would require businesses, charities and churches to file an IRS form for any transaction greater than $600.
Manchin was the original and lead Democratic cosponsor of the legislation first introduced by Senator Mike Johanns (R-Neb.) to repeal the 1099 rule. The House of Representatives passed a version of the 1099 repeal, H.R. 4, by a vote of 314-112. The Senate approved that measure today, 87-12.
H.R. 4 will now go to the President’s desk for signature.
“Today’s vote on 1099 repeal is an enormous victory for job creation and every small business in America,” Senator Manchin said. “I want to thank my friend and colleague Senator Mike Johanns, not only for his leadership on this issue, but for his perseverance in making sure this legislative fix got done. I urge President Obama to sign this bill immediately and give small businesses – our economy’s best job creators – the certainty they need.”
Background:
- Senator Manchin voted in favor of H.R. 4, which would repeal the 1099 provision. The measure passed 87-12.
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