125 STAT. 36 PUBLIC LAW 112–9—APR. 14, 2011 

Public Law 112–9 

112th Congress 

An Act 

To repeal the expansion of information reporting requirements for payments of 

$600 or more to corporations, and for other purposes. 

Be it enacted by the Senate and House of Representatives of 

the United States of America in Congress assembled, 

SECTION 1. SHORT TITLE. 

This Act may be cited as the ‘‘Comprehensive 1099 Taxpayer 

Protection and Repayment of Exchange Subsidy Overpayments Act 

of 2011’’. 

SEC. 2. REPEAL OF EXPANSION OF INFORMATION REPORTING 

REQUIREMENTS TO PAYMENTS MADE TO CORPORATIONS 

AND TO PAYMENTS FOR PROPERTY AND OTHER GROSS PROCEEDS. 

(a) APPLICATION TO CORPORATIONS.—Section 6041 of the 

Internal Revenue Code of 1986 is amended by striking subsections 

(i) and (j). 

(b) PAYMENTS FOR PROPERTY AND OTHER GROSS PROCEEDS.— 

Subsection (a) of section 6041 of such Code is amended— 

(1) by striking ‘‘amounts in consideration for property,’’, 

and 

(2) by striking ‘‘gross proceeds,’’ both places it appears. 

(c) EFFECTIVE DATE.—The amendments made by this section 

shall apply to payments made after December 31, 2011. 

SEC. 3. REPEAL OF EXPANSION OF INFORMATION REPORTING 

REQUIREMENTS FOR RENTAL PROPERTY EXPENSE PAYMENTS. 

(a) IN GENERAL.—Section 6041 of the Internal Revenue Code 

of 1986 is amended by striking subsection (h). 

(b) EFFECTIVE DATE.—The amendment made by this section 

shall apply to payments made after December 31, 2010. 

SEC. 4. INCREASE IN AMOUNT OF OVERPAYMENT OF HEALTH CARE 

CREDIT WHICH IS SUBJECT TO RECAPTURE. 

(a) IN GENERAL.—Clause (i) of section 36B(f)(2)(B) of the 

Internal Revenue Code of 1986 is amended to read as follows: 

‘‘(i) IN GENERAL.—In the case of a taxpayer whose 

household income is less than 400 percent of the poverty line for the size of the family involved for the 

taxable year, the amount of the increase under 

subparagraph (A) shall in no event exceed the 

applicable dollar amount determined in accordance 

with the following table (one-half of such amount in 

26 USC 36B. 

26 USC 6041 

note. 

26 USC 6041 

note. 

26 USC 6041. 

Comprehensive 

1099 Taxpayer 

Protection and 

Repayment of 

Exchange 

Subsidy 

Overpayments 

Act of 2011. 

26 USC 1 note. 

Apr. 14, 2011 

[H.R. 4] 


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PUBLIC LAW 112–9—APR. 14, 2011 125 STAT. 37 

LEGISLATIVE HISTORY—H.R. 4: 

HOUSE REPORTS: No. 112–15 (Comm. on Ways and Means). 

CONGRESSIONAL RECORD, Vol. 157 (2011): 

Mar. 3, considered and passed House. 

Apr. 5, considered and passed Senate. 

DAILY COMPILATION OF PRESIDENTIAL DOCUMENTS (2011): 

Apr. 14, Presidential statement. 

Æ 

the case of a taxpayer whose tax is determined under 

section 1(c) for the taxable year): 

‘‘If the household income (expressed as a 

percent of poverty line) is: The applicable dollar amount is: 

Less than 200% .......................................... $600 

At least 200% but less than 300% ............ $1,500 

At least 300% but less than 400% ............ $2,500.’’. 

(b) EFFECTIVE DATE.—The amendment made by this section 

shall apply to taxable years ending after December 31, 2013. 

Approved April 14, 2011. 

26 USC 36B note. 


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