Tag Archives: Legislation

Senate Moves Forward with Small Business Bill

The Senate voted to move forward the small business bill. The bill will provide $12 billion in tax incentives and $30 billion more in lending funds. Read more.

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Senate Postpones Vote on Extending Medicaid Funds

The Senate postponed the legislation to provide over $16.1 billion over the next year to start Medicaid programs. The vote was postponed after the Congressional Budget Office estimated that the legislation would add $5 billion to the deficit. Read more.

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House Failed to Repeal 1099 Requirement

Friday, the House failed to repeal the 1099 requirement for small businesses to file 1099 forms for purchases over $600. Therefore, the requirement is set to take effect in 2012. Read more.

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Poll Finds Majority of Voters Want to Repeal Health Care Reform

A majority of probable voters, fifty nine percent, favored repealing the legislation while thirty eight wanted to keep the legislation. Read more.

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Senate Panel Bans Pay-to-Delay Practice

A Senate panel approved legislation to ban drug companies from “pay-to-delay” practices in which drug companies pay generic drug makers to delay putting less costly items on the market. This is expected to save consumers $3.5 billion a year and … Continue reading

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Debate over Tax 1099 Continues

The debate over repealing the tax for businesses to file a 1099 after a purchase of $600 continues. Last night, House Democrats pulled the bill from the floor in order to review after small businesses, accountants and the National Taxpayer … Continue reading

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Lending Bill to Help Small Business Blocked in Congress

Republicans blocked a lending bill that would create $30 billion in funds for community banks to increase lending to small businesses. Senate leaders say they will continue to try to make amendments to the bill. However, it will be difficult … Continue reading

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Virginia Health Care Challenge to Continue

A U.S. District Judge did not dismiss the state of Virginia’s lawsuit challenging the constitutionality of the health care reform law requiring coverage. Read more.

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Those Fired as of June 1 Not Covered under Unemployment Bill

Workers fired as of June 1, 2010 are not eligible for health insurance under the unemployment bill as eligibility expired May 31, 2010. The legislation would extend benefits to long-term unemployed for up to 99 weeks. Read more.

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House Approved of Technical Clarifications to Many Healthcare Programs

The House unanimously passed legislation with technical clarifications to health care programs. These health care programs include Medicare, Children’s Health Insurance Program and Tricare. Among the clarifications, the legislation calls for funding to be pulled from the Medicare Improvement Fund. … Continue reading

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