Monday
Feb072011
House Committee To Examine Unpopular Healthcare Provision
Monday, February 7, 2011 at 9:46AMThe first hearing held by the House Small Business Committee this year will focus on the so-called “1099 provision” within the new healthcare law.
Chairman Sam Graves (R-Mo.) and the rest of the full committee will hear from small business owners about the provision, which requires businesses to report payments of $600 and more to vendors.
Republicans on the committee believe the requirement places “administrative burdens” on businesses that are attempting to regain footing as the nation’s economy slowly recovers.
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