Hoyer Statement on 1099 Bill

For Immediate Release:

March 3, 2011

Contact:

Daniel Reilly, 202-225-3130

WASHINGTON, DC - Democratic Whip Steny H. Hoyer (MD) released the following statement today after the House passed a repeal of 1099 reporting requirements:

“I support the repeal of the new 1099 reporting requirements, and have voted for their repeal in the past. But due to the manner in which this bill is paid for, I cannot support today’s legislation, as it would increase the burden on middle class Americans.

“The American people want Congress to come together and solve problems like this. I hope both sides can reach an agreement and identify an offset that will make it through both chambers and be signed into law by the President, so that we can ease the burden on small businesses by repealing the 1099 provision in the near future.”

###
Posted in