ObamaCare 1099 Requirement. One of the most unpopular provisions in the massively unconstitutional ObamaCare law is the requirement for businesses to file 1099 forms with their vendors and the IRS for any purchases totaling more than $600 per year with a vendor. This will force 40 million business entities to file untold billions of new reports with their vendors and the IRS each year.
Pressure has been building on Congress to repeal the 1099 reporting requirement. On September 14 the Senate considered an amendment by Senator Mike Johanns (Neb.) to repeal this requirement.
The Senate failed to invoke cloture (limiting debate and allowing a vote) on the Johanns amendment on September 14, 2010 by a vote of 46-52 (Roll Call 231). We have assigned pluses to the yeas because invoking cloture would have permitted a vote on an amendment to repeal the highly unpopular 1099 IRS reporting provision of the unconstitutional ObamaCare law.
