Larsen Supports Repealing Burdensome Reporting Requirements in Health Care Law to Help Small Businesses
Statement
Issues: Health and Health Care
Today, U.S. Representative Rick Larsen (WA-02) became a cosponsor of legislation that was introduced today to help small businesses by repealing new 1099 requirements established by the Affordable Care Act. The 1099 reporting requirement has proven to be burdensome for many small businesses.
"The 1099 reporting requirement in the new health care law is a burdensome requirement that is forcing small business owners to do paperwork instead of providing affordable health care to their employees," said Rep. Larsen. "I am working to repeal this requirement to cut red tape for small businesses so they can focus on growing and creating new jobs in the community."
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