HR 417

112th CONGRESS
1st Session

H. R. 417

To amend the Internal Revenue Code of 1986 to repeal the expansion of certain information reporting requirements to corporations and to payments for property, to impose a surcharge on high income taxpayers, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

January 25, 2011

Mr. OWENS (for himself, Mr. TONKO, Ms. PINGREE of Maine, Mr. LOEBSACK, Mr. KEATING, Mr. WELCH, Mr. DEFAZIO, Ms. JACKSON LEE of Texas, Ms. HIRONO, Mr. PASCRELL, Mr. HOLT, Mr. WEINER, Mr. MICHAUD, and Mr. HINCHEY) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to repeal the expansion of certain information reporting requirements to corporations and to payments for property, to impose a surcharge on high income taxpayers, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. REPEAL OF EXPANSION OF CERTAIN INFORMATION REPORTING REQUIREMENTS TO CORPORATIONS AND TO PAYMENTS FOR PROPERTY.

SEC. 3. SURCHARGE ON HIGH INCOME INDIVIDUALS.

`PART VIII--SURCHARGE ON HIGH INCOME INDIVIDUALS

`SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.

`part viii. surcharge on high income individuals.'.

END