Democrats Back GOP Bill Repealing 1099 Provision of Affordable Care Act
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|Source:||A.M. Best Company, Inc.|
Agents and brokers are hoping
Three Senate Democrats pledged their support for a repeal of Section 9006 of the Patient Protection and Affordable Care Act in a letter to Speaker of the House John Boehner. Should the
Beginning in 2012, all businesses, nonprofit entities and governments will have to file a 1099 form with the
"This expanded 1099 provision will impose a substantial burden on small businesses, which are the economic engines that power our economy,"
The Republican-led House voted to repeal the entire PPACA, but the Democratic-majority
"We feel that this is part of the low-hanging fruit, as far as changes to the PPACA go," he said.
The bill is before the