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117-hr-7079117th Congress

Cut Red Tape For Online Sales Act

Sponsored By: Representative Pappas, Chris [D-NH-1]

Unknown

Summary

Cut Red Tape For Online Sales 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 $5,000 or more. 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. The bill also requires entities that report income to to issue a plain-language description of the taxability of income reported on Form 1099-K.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Pappas, Chris [D-NH-1]

NH • D

Cosponsors

  • Rep. Axne, Cynthia [D-IA-3]

    IA • D

    Sponsored 3/15/2022

  • Rep. Sánchez, Linda T. [D-CA-38]

    CA • D

    Sponsored 4/5/2022

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 4/18/2022

  • Rep. Horsford, Steven [D-NV-4]

    NV • D

    Sponsored 5/10/2022

  • Rep. DelBene, Suzan K. [D-WA-1]

    WA • D

    Sponsored 5/18/2022

  • Rep. Krishnamoorthi, Raja [D-IL-8]

    IL • D

    Sponsored 5/20/2022

  • Rep. Strickland, Marilyn [D-WA-10]

    WA • D

    Sponsored 5/24/2022

  • Rep. Ross, Deborah K. [D-NC-2]

    NC • D

    Sponsored 5/27/2022

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 9/19/2022

  • Rep. Swalwell, Eric [D-CA-14]

    CA • D

    Sponsored 9/21/2022

  • Rep. Perlmutter, Ed [D-CO-7]

    CO • D

    Sponsored 9/21/2022

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 10/14/2022

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 10/18/2022

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 11/29/2022

  • Rep. Kildee, Daniel T. [D-MI-8]

    MI • D

    Sponsored 12/1/2022

  • Rep. Evans, Dwight [D-PA-3]

    PA • D

    Sponsored 12/2/2022

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 12/2/2022

  • Rep. Neguse, Joe [D-CO-2]

    CO • D

    Sponsored 12/2/2022

  • Rep. Kuster, Ann M. [D-NH-2]

    NH • D

    Sponsored 12/7/2022

  • Rep. Cuellar, Henry [D-TX-28]

    TX • D

    Sponsored 12/15/2022

Roll Call Votes

No roll call votes available for this bill.

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