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HR 2447 111th Congress House Taxation Accounting and auditing Contracts and agency Employment taxes Licensing and registrations Tax administration and collection, taxpayers User charges and fees Wages and earnings

Small Business Efficiency Act of 2009

Introduced: May 14, 2009 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 2009
Referred to the House Committee on Ways and Means.
May 14, 2009
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Efficiency Act of 2009 - Amends the Internal Revenue Code to treat professional employer organizations (PEOs), certified by the Internal Revenue Service (IRS), as employers for employment tax purposes (thus allowing such PEOs to pay wages and collect and remit payroll taxes on behalf of an employer).

Sets forth IRS certification requirements for PEOs, including financial review and reporting requirements. Requires a PEO to post a bond, up to $1 million, to guarantee payment of employment taxes. Limits the required bond amount to $50,000 for a newly created PEO during its three-year startup period.

What's happening now May 14, 2009

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Buchanan, Vern
Florida · May 27, 2010
 D
Tonko, Paul
New York · Sep 10, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2447: Small Business Efficiency Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-2447/
MLA
"H.R. 2447: Small Business Efficiency Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-2447/.
Bluebook (legal)
H.R. 2447, 111th Cong. (2026), https://openamerica.io/bill/111-HR-2447/.
Markdown link
[H.R. 2447: Small Business Efficiency Act of 2009](https://openamerica.io/bill/111-HR-2447/)
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