[Congressional Record Volume 159, Number 32 (Wednesday, March 6, 2013)]
[Senate]
[Page S1234]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. GRASSLEY (for himself, Mr. Nelson, Mr. Portman, and Mr.
Pryor):
S. 479. A bill to amend the Internal Revenue Code of 1986 to clarify
the employment tax treatment and reporting of wages paid by
professional employer organizations, and for other purposes; to the
Committee on Finance.
=========================== NOTE ===========================
On page S1234, March 6, 2013, in the second column, the
following appears: S. 479. 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; to the Committee on Finance.
The Record has been corrected to read: S. 479. A bill to amend
the Internal Revenue Code of 1986 to clarify the employment tax
treatment and reporting of wages paid by professional employer
organizations, and for other purposes; to the Committee on
Finance.
=========================== NOTE ===========================
Mr. GRASSLEY. Mr. President, today I am reintroducing the Small
Business Efficiency Act with my colleagues Senators Nelson, Portman,
and Pryor. Many small businesses rely on Professional Employer
Organization, PEOs, and to handle many of their human resources
responsibilities. The Small Business Efficiency Act will provide an
important layer of certainty and protection for small business owners
and their workers by eliminating any ambiguity about a certified PEOs
ability to assume employment tax responsibility. It further implements
safeguards for the certified PEOs small business clients. This will
give small businesses peace of mind that their human resources and
employment tax responsibilities are taken care of so they can focus on
their core business and create more jobs.
I urge my colleagues to support this common sense legislation.
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