U.S. Chamber Disappointed with Senate’s Failure to Repeal 1099 Reporting Requirement

WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs, R. Bruce Josten, issued the following statement today on the Senate’s failure to pass amendments offered by Senator Mike Johanns and Senator Max Baucus to repeal the burdensome 1099 reporting requirement included in the health care law:

“It is unfortunate that the Senate again today failed to pass a measure that would have prevented an unprecedented burden on small business reporting and paper work requirements at a time when they can least afford it. Raising taxes on small business owners or requiring them to spend precious time and resources reporting to the federal government rather than producing, growing, and creating jobs for Americans makes absolutely no sense. In this economy, there is no justification for supporting unnecessary regulations on small businesses that will hamper their ability to get Americans working again. We are hopeful that this provision will be a top priority for the next congress.”

The Chamber led 2,605 businesses, chambers, and associations from all 50 states in sending a letter to Members of Congress today highlighting the business community’s commitment to repealing the 1099 reporting mandate included in the health care law.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

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