[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 777 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                 S. 777

  To repeal the imposition of withholding on certain payments made to 
                    vendors by government entities.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 6, 2007

   Mr. Craig introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To repeal the imposition of withholding on certain payments made to 
                    vendors by government entities.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Withholding Tax Relief Act of 
2007''.

SEC. 2. REPEAL OF IMPOSITION OF WITHHOLDING ON CERTAIN PAYMENTS MADE TO 
              VENDORS BY GOVERNMENT ENTITIES.

    The amendment made by section 511 of the Tax Increase Prevention 
and Reconciliation Act of 2005 is repealed and the Internal Revenue 
Code of 1986 shall be applied as if such amendment had never been 
enacted.
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