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HR 2466 112th Congress House

Small Business Efficiency Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to clarify the employment tax treatment and reporting of wages paid by professional employer organizations.

Introduced: July 8, 2011 See on congress.gov
Taxation Accounting and auditingContracts and agencyEmployment taxesLicensing and registrations
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Tax administration and collection, taxpayersUser charges and feesWages and earnings
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
Jul 8, 2011
Referred to the House Committee on Ways and Means.
Jul 8, 2011
Introduced in House
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 Latest action July 8, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Small Business Efficiency Act of 2011 - 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.

 Related & companion bills 1
  • S 1908 Related bill A bill to amend the Internal Revenue Code of 1986 to clarify the employment tax treatment and reporting of wages paid b…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Democratic 2
Duffy, Sean
· Sep 12, 2012
HALL, RALPH
· Aug 2, 2012
Farenthold, Blake
· Jun 6, 2012
Reed, Tom
· Mar 19, 2012
Olson, Pete
· Dec 8, 2011
Cardoza, Dennis
· Nov 3, 2011
Paulsen, Erik
· Oct 11, 2011
Poe, Ted
· Oct 3, 2011
HERGER, WALLY
· Jul 8, 2011
JOHNSON, SAM
· Jul 8, 2011
 D
Thompson, Mike
California · Jul 8, 2011
 D
Tonko, Paul
New York · Jul 8, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2466: Small Business Efficiency Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2466/
MLA
"H.R. 2466: Small Business Efficiency Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2466/.
Bluebook (legal)
H.R. 2466, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2466/.
Markdown link
[H.R. 2466: Small Business Efficiency Act of 2011](https://openamerica.io/bill/112-HR-2466/)
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