Washington, D.C.– Today, the full House voted for legislation co-sponsored by Rep. Todd Rokita (IN-4) that will eliminate the job-killing 1099 regulations contained within President Obama’s health care legislation. The bill, H.R. 4, passed in the House. 

Rokita condemned the reporting requirements, which threaten the livelihood of small businesses and symbolize the stagnant nature of the costly health care law. 

The Small Business Paperwork Mandate Elimination Act (H.R.4) removes the requirement that companies report business transactions worth over $600. The current 1099 requirements cause useless government intrusion on small businesses, threatening their ability to thrive at time when their growth and job provisions are absolutely crucial. Rep. Rokita released the following statement:

“Today’s vote is a step toward fully eliminating this pointless, liberal, job destroying mandate. The 1099 requirement is just one of the many consequences of ObamaCare, which was imposed carelessly and detrimentally onto the American people, with little transparency or debate.

It is frustrating to see our small business owners suffering unnecessarily -- the result of a carelessly written health care bill that was passed behind closed doors and against the will of the American people.”

H.R. 4 passed the House by a vote of 314 to 112 and now awaits consideration by the U.S. Senate. 

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