Added: Mar 25, 2011
From: SmallBizRepublicans
Duration: 6:31
On Wednesday, February 9, 2011 at 1:00 pm, the House Small Business Committee held its first full committee hearing entitled, "Buried in Paperwork: A 1099 Update." During the hearing, the Committee examined the expanded 1099 information reporting requirements in Section 9006 of the Patient Protection and Affordable Care Act. The Committee heard testimony from small business owners about the mandate's administrative burdens and its potential negative impact on job creation, growth and business investment. The Committee also heard testimony from Representative Daniel E. Lungren (R-CA), the sponsor of legislation to repeal Section 9006 of the Act. The witnesses were: -Representative Daniel E. Lungren (R-CA), sponsor of the Small Business Paperwork Mandate Elimination Act (H.R. 4) -Mr. R. Jerol Kivett, President of Kivett's Inc, Representing the National Federation of Independent Businesses -Mr. John "Mark" Eagleton, Managing Member of Eagleton Ventures, LLC, Representing the National Restaurant Association -Mr. Seth Shipley, Owner of Shipley's Fine Jewelry, Representing the National Retail Federation -Mr. Mike Kegley, President of B.O.L.D. Homes, Inc., Representing the National Association of Home Builders
Channel: News
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