US HB1957 | 2011-2012 | 112th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 24 2011 - 25% progression, died in committee
Action: 2011-05-24 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Small Business Tax Equalization and Compliance Act of 2011 - Amends the Internal Revenue Code to extend the tax credit for social security taxes paid for employee cash tips to employers of cosmetologists. Requires employers of cosmetologists to report income and tips of their cosmetologist employees and to provide income and tip information to self-employed cosmetologists to whom they pay more than $600 in the taxable year. Imposes similar reporting requirements upon individuals who rent chairs to cosmetologists. Requires such employers to provide their cosmetologist employees and self-employed cosmetologists with information on the tax and tip reporting obligations of employees and self-employed individuals.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Small Business Tax Equalization and Compliance Act of 2011

Sponsors


History

DateChamberAction
2011-05-24HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

SB974 (Same As) 2011-05-12 - Read twice and referred to the Committee on Finance. (text of measure as introduced in Senate: CR S2943-2944)

Subjects


US Congress State Sources


Bill Comments

feedback