Thank you, Mr. Chairman. Madam Speaker, I rise in support of the underlying bill today, which goes a long way toward job creation. Jobs, jobs, jobs. We heard about that in the November election. We heard about the fact that small business owners, in particular, were going to be hampered by a provision, by actually two provisions: one provision in the health care bill that appears that everyone now seems to be opposed to but that the majority voted for; and then another provision that appeared in a bill in September of 2010 that even went further than the underlying provision in the health care bill, which applied to folks who own rental property or to someone who has a vacation home or to somebody who has retail property that he's leasing out or to somebody who is leasing out a room in his home. Suddenly, now we're going to require them to 1099 folks as well. What an amazing provision that passed in September of 2010. The bill corrects that. The bill corrects both aspects. I heard this over and over during my campaign. Think about this: Bob Roach, an independent insurance agent, goes out to Staples and buys paper. He's going to have to 1099 Staples. He goes to a hardware store to fix something in his office. He's going to have to 1099 the hardware store. It goes on and on and on. When a law-abiding small business owner--maybe a sole proprietor--now is being made the person who has to go out and be an extension of the IRS, it is truly amazing.…
Patrick J. Tiberi: “Thank you, Mr. Chairman. Madam Speaker, I rise in support of the underlying bill today, which goes a long way toward job…”
On the recordMarch 3, 2011
Editor's note · Context
The speaker addresses the impact of certain provisions on small business owners and supports a bill aimed at job creation.
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