3.0.0 948 2023-01-11T13:47:34Z 2023-01-11T13:47:34Z Senate S 2021-03-24 117 ssfi00 Finance Committee Senate Standing Referred to 2021-03-24T20:49:53Z Saving Gig Economy Taxpayers Act 117 3425 HR 2021-05-20 Referred to the House Committee on Ways and Means. Related bill CRS SNOOP Act of 2022 117 6913 HR 2022-03-03 Referred to the House Committee on Ways and Means. Related bill CRS SNOOP Act of 2022 117 3546 S 2022-02-01 Read twice and referred to the Committee on Finance. Related bill CRS 2021-03-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-03-24 Introduced in Senate IntroReferral 10000 9 Library of Congress S001217 Sen. Scott, Rick [R-FL] Rick Scott R FL N C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX 2022-01-31 False H000601 Sen. Hagerty, Bill [R-TN] Bill Hagerty R TN 2022-02-01 False Taxation Small business Tax administration and collection, taxpayers Wages and earnings Taxation 00 2021-03-24 Introduced in Senate 2022-03-17T16:17:14Z This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network.

This reverses a provision in the American Rescue Plan Act of 2021 that lowered the reporting threshold to $600 with no minimum on the number of transactions.

]]> A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold. Display Title A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold. Official Title as Introduced A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold. Introduced in Senate IS Introduced in Senate 2021-03-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s948is/xml/BILLS-117s948is.xml 2021-03-24 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.