Manchin Applauds Full Repeal of Jobs-Destroying 1099 Provision
Manchin, with Senator Johanns (R-Neb.) led bipartisan effort to eliminate 1099 and hurdles for small businesses
Washington, D.C. — As the lead Democrat on the successful effort to eliminate part of the health care law, U.S. Senator Joe Manchin (D-W.Va.) today applauded the final repeal of the onerous, jobs-destroying 1099 provision. If implemented the infamous 1099 provision would have paralyzed small businesses with paperwork and hurt job creation by requiring businesses, charities and churches to file an IRS form for any transaction greater than $600.
As the final step in a long process, the President signed the bill repealing the 1099 provision today. This version of the repeal, H.R. 4, passed the House of Representatives by a vote of 314-112. The Senate approved the measure 87-12 and the President signed it today.
“With the repeal of the 1099 provision, today is a victory for West Virginia and America’s small businesses. I want to thank my friend and colleague Senator Mike Johanns, not only for his leadership on this issue, but for his perseverance in making sure this legislative fix got done,” Senator Manchin said. “This shows that when we put our party and politics aside, we can come together, focus on creating jobs and truly repair what’s broken in the health care law.”Background:
- Senator Manchin voted in favor of H.R. 4, which would repeal the 1099 provision. The measure passed in the Senate by 87-12.
- Senator Manchin was the Senate’s lead Democratic cosponsor of this successful measure.
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