[Congressional Record Volume 157, Number 30 (Wednesday, March 2, 2011)]
[House]
[Page H1464]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RED TAPE
(Mr. BILIRAKIS asked and was given permission to address the House
for 1 minute.)
Mr. BILIRAKIS. Mr. Speaker, I am here to talk today about red tape,
specifically the 1099 form.
It's a relatively short, seemingly harmless form. Yet when we require
every business in this country to file a 1099 form for every business
transaction over $600, it is far from harmless. In reality, this
requirement is an enormous burden that takes time, energy, resources
away from growing their businesses.
The 1099 provision is one of the many backbreaking regulations
included in the Democrat's health care overhaul that I opposed when it
passed the House in 2010. Repealing this requirement would be a victory
for America's small businesses, families, and individuals.
Florida's businesses deserve economic solutions that will let them
keep more of what they earn so that they can innovate and grow. I urge
my colleagues to support H.R. 4 and repeal this 1099 provision.
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