On the recordDecember 15, 2022
Mr. President, I move to concur in the House amendment to the Senate amendment to H.R. 1437 with amendment No. 6540. The PRESIDING OFFICER. The clerk will report. The senior assistant legislative clerk read as follows: The Senator from Florida [Mr. Scott] moves to concur in the House amendment to the Senate amendment to H.R. 1437 with an amendment numbered 6540. The amendment is as follows: (Purpose: To rescind certain funding provided to the Internal Revenue Service under section 10301 of Public Law 117-169 and to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold) At the end, add the following: DIVISION E--INTERNAL REVENUE SERVICE AND TAX ADMINISTRATION SEC. 101. RESCISSION OF CERTAIN FUNDS FOR ENHANCED INTERNAL REVENUE SERVICE RESOURCES. Effective on the date of enactment of this Act, the unobligated balances of the amounts made available under the following provisions of Public Law 117-169 are rescinded: (1) Internal revenue service enforcement funds.--Section 10301(1)(A)(ii). (2) Internal revenue service operations support.--Section 10301(1)(A)(iii). SEC. 102. REPEAL OF MODIFICATIONS OF EXCEPTIONS FOR REPORTING OF THIRD PARTY NETWORK TRANSACTIONS.…





