II Calendar No. 212 112th CONGRESS 1st Session H. R. 674 IN THE SENATE OF THE UNITED STATES October 31, 2011 Received; read the first time November 1, 2011 Read the second time and placed on the calendar AN ACT To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities, to modify the calculation of modified adjusted gross income for purposes of determining eligibility for certain healthcare-related programs, and for other purposes.
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Table of Contents
The table of contents for this Act is as follows: Sec. 1. Table of Contents. Title I—Three Percent Withholding Repeal and Job Creation Act Sec. 101. Short title. Sec. 102. Repeal of imposition of 3 percent withholding on certain payments made to vendors by government entities. Title II—Modification of calculation of modified adjusted gross income for determining certain healthcare program eligibility Sec. 201. Modification of calculation of modified adjusted gross income for determining certain healthcare program eligibility.
<enum>I</enum><header>Three Percent Withholding Repeal and Job Creation Act</header> <section id="H2E46C304459149CAB47FA0A00F68EFD7" section-type="subsequent-section"><enum>101.</enum><header>Short title</header><text display-inline="no-display-inline">This title may be cited as the <quote>3% Withholding Repeal and Job Creation Act</quote>.</text> </section><section id="H99CBDC9F08F649A798127A101AD8273C"><enum>102.</enum><header>Repeal of imposition of 3 percent withholding on certain payments made to vendors by government entities</header> <subsection id="H6154AA11CD1F4E268620DBFC2B9716CB"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/3402">Section 3402</external-xref> of the Internal Revenue Code of 1986 is amended by striking subsection (t).</text> </subsection><subsection id="H3D8A296868CE426A9FF3D8BC5158CDD6"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to payments made after December 31, 2011.</text> </subsection></section><enum>II</enum><header>Modification of calculation of modified adjusted gross income for determining certain healthcare program eligibility</header> <section id="HB9BA1D0B455A437482935A0BB0B50E9C" section-type="subsequent-section"><enum>201.</enum><header>Modification of calculation of modified adjusted gross income for determining certain healthcare program eligibility</header> <subsection id="H900A76E117CE40C1B840A2781BB023AF"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subparagraph (B) of <external-xref legal-doc="usc" parsable-cite="usc/26/36B">section 36B(d)(2)</external-xref> of the Internal Revenue Code of 1986 is amended by striking <quote>and</quote> at the end of clause (i), by striking the period at the end of clause (ii) and inserting <quote>, and</quote>, and by adding at the end the following new clause:</text> <quoted-block display-inline="no-display-inline" id="H52818CD4BA8E4552A998C721F5F24AB2" style="OLC"> <clause id="HDBB0EC2CFF9F4D3CB28E06F1BFF07AE4"><enum>(iii)</enum><text display-inline="yes-display-inline">any amount of social security benefits of the taxpayer excluded from gross income under section 86.</text> </clause><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H25260BC7F44D4D459DA4456504A43080"><enum>(b)</enum><header>Effective date</header><text>The amendments made by this section shall take effect on the date of the enactment of this Act.</text> </subsection></section> Passed the House of Representatives October 27, 2011. Karen L. Haas, Clerk November 1, 2011 Read the second time and placed on the calendar