Friday, April 15, 2011

President Obama signs repeal of 1099 provision in health reform law

President Obama has signed the first repeal of a part of last year's health reform law, by rolling back the 1099 provision that would have required businesses to issue a Form 1099 for any payments for goods and services over $600 during the year.  The repeal measure was initially passed by bipartisan votes in both the House (314-to-112) and Senate (87-to-12).

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