Political Quotes

On the recordAugust 5, 2010
I ask unanimous consent that reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To exempt certain amounts subject to other information reporting from the information reporting provisions of the Patient Protection and Affordable Care Act, and for other purposes) At the end of subtitle B of title II, add the following: PART V--ADDITIONAL PROVISIONS SEC. ___. CERTAIN EXCEPTIONS TO INFORMATION REPORTING PROVISIONS. (a) In General.--Section 6041 of the Internal Revenue Code of 1986, as amended by section 9006 of the Patient Protection and Affordable Care Act and section 2101 of this Act, is amended by redesignating subsection (j) as subsection (k) and inserting after subsection (i) the following new subsection: ``(j) Coordination With Returns Relating to Payment Card and Third Party Network Transactions.--This section shall not apply to any amount with respect to which a return is required to be made under section 6050W.''.…
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Harry Reid
Democratic · Nevada

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