ObamaCare (1099 Reporting Requirement Repeal). This bill (H.R. 4) stripped the very unpopular 1099 reporting requirement out of ObamaCare. This was significant because it was the first component of ObamaCare to be repealed by Congress. This reporting requirement for businesses and real estate owners to file a 1099 form with the IRS for every vendor to whom they paid more than $600 a year had been added to the ObamaCare legislation as a way to raise $19 billion by reducing tax fraud; however, business organizations protested that the 1099 requirement would bury businesses in additional, costly paperwork.
The House passed H.R. 4 on March 3, 2011 by a vote of 314-112 (Roll Call 162). We have assigned pluses to the yeas because the burdensome 1099 reporting requirement was added to the ObamaCare legislation as a way to help pay for this unconstitutional program.
