HR 190
118th Congress
House
Taxation
Small business
Tax administration and collection, taxpayers
Wages and earnings
Saving Gig Economy Taxpayers Act
Introduced: January 9, 2023
Introduced by:
Miller, Carol D.
Republican
· West Virginia
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 10, 2024
Placed on the Union Calendar, Calendar No. 696.
Dec 10, 2024
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-857.
Sep 11, 2024
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 22 - 16.
Sep 11, 2024
Committee Consideration and Mark-up Session Held
Jan 9, 2023
Referred to the House Committee on Ways and Means.
Jan 9, 2023
Introduced in House
Plain-English summary
Saving Gig Economy Taxpayers Act
This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network.
This reverses a provision in the American Rescue Plan Act of 2021 that lowered the reporting threshold to $600 with no minimum on the number of transactions.
What's happening now
Placed on the Union Calendar, Calendar No. 696.
Committees of jurisdiction
1