S 570
105th Congress
Senate
A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.
Taxation
CommerceCongressCongressional reporting requirementsElectronic funds transfers
More subjectsShow fewer subjects
Finance and Financial SectorGovernment Operations and PoliticsRegulatory impact statementsScience, Technology, CommunicationsSmall businessSocial WelfareSocial security taxesTax administrationTax penaltiesWithholding tax
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 1997
Subcommittee on Taxation & IRS Oversight. Hearings held. Hearings printed: S.Hrg. 105-907.
Apr 14, 1997
Read twice and referred to the Committee on Finance.
Apr 14, 1997
Sponsor introductory remarks on measure. (CR S3123-3124)
Apr 14, 1997
Introduced in Senate
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Latest action
Subcommittee on Taxation & IRS Oversight. Hearings held. Hearings printed: S.Hrg. 105-907.
Plain-English summary
Amends the Internal Revenue Code to exempt from the electronic fund transfer system for the collection of taxes businesses with an aggregate amount of depository taxes below an applicable dollar amount.
Bill text
1 version
- Introduced in Senate Formatted Text PDF
Committees of jurisdiction
2
Cosponsors
1
Cite this page
U.S. Congress. (2026). S. 570: A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.. 105th Congress. Open America. https://openamerica.io/bill/105-S-570/
"S. 570: A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-S-570/.
S. 570, 105th Cong. (2026), https://openamerica.io/bill/105-S-570/.
[S. 570: A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.](https://openamerica.io/bill/105-S-570/)