3.0.0 1908 2019-02-20T23:22:59Z 2019-02-23T21:35:44Z Senate S S 2011-11-18 112 ssfi00 Finance Committee Senate Standing Referred to 2011-11-18T16:49:26Z Small Business Efficiency Act of 2011 112 2466 HR 2011-07-08 Referred to the House Committee on Ways and Means. Related bill CRS 2011-11-18 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-11-18 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. N N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2011-11-18 True P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2012-05-15 False P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2012-05-15 False B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS 2012-06-12 False C000705 Sen. Conrad, Kent [D-ND] KENT CONRAD D ND 2012-11-29 False Taxation Accounting and auditing Contracts and agency Employment taxes Licensing and registrations Social security and elderly assistance Tax administration and collection, taxpayers User charges and fees Wages and earnings Taxation 00 2011-11-18 Introduced in Senate 2011-12-15T20:42:33Z Amends the Internal Revenue Code to treat professional employer organizations (PEOs), certified by the Internal Revenue Service (IRS), as employers for employment tax purposes (thus allowing such PEOs to pay wages and collect and remit payroll taxes on behalf of an employer).

Sets forth IRS certification requirements for PEOs, including financial review and reporting requirements. Requires a PEO to post a bond each year, up to $1 million, to guarantee payment of employment taxes.

]]> A bill to amend the Internal Revenue Code of 1986 to clarify the employment tax treatment and reporting of wages paid by professional employer organization, and for other purposes. Display Title A bill to amend the Internal Revenue Code of 1986 to clarify the employment tax treatment and reporting of wages paid by professional employer organization, and for other purposes. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to clarify the employment tax treatment and reporting of wages paid by professional employer organization, and for other purposes. Introduced in Senate 2011-11-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1908is/xml/BILLS-112s1908is.xml 2011-11-18 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.