From the office of Congressman Adam Kinzinger (R, ILL., 11th District)…
Washington, D.C. – Congressman Adam Kinzinger (IL-11) today released the following statement on H.R. 4, the Small Business Paperwork Mandate Elimination Act of 2011, legislation that would strip the 1099 requirement on businesses. H.R. 4 passed the House by a vote of 314 -112:
“Today’s House passage of the 1099 repeal brings us one step closer toward rolling back one of the most illogical requirements that Washington Democrats snuck into the health care bill last year.
“This legislation is a significant step toward restoring confidence in our economy for small businesses as well as the taxpayers and would reduce federal spending by $20 billion over ten years and reduce taxes by $19.7 billion.
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Kinzinger Votes to Eliminate Burdensome 1099 Requirements for Job Creators”