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[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6213 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 6213

 To address the reporting requirement burden on small businesses, and 
                          for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           September 23, 2010

 Mr. Michaud introduced the following bill; which was referred to the 
   Committee on Ways and Means, and in addition to the Committees on 
    Appropriations and the Budget, for a period to be subsequently 
   determined by the Speaker, in each case for consideration of such 
 provisions as fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL

 
 To address the reporting requirement burden on small businesses, 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. REPEAL OF EXPANSION OF CERTAIN INFORMATION REPORTING 
              REQUIREMENTS TO CORPORATIONS AND TO PAYMENTS FOR 
              PROPERTY.

    Section 9006 of the Patient Protection and Affordable Care Act is 
repealed. Each provision of law amended by such section is amended to 
read as such provision would read if such section had never been 
enacted.

SEC. 2. RESCISSION OF UNOBLIGATED STIMULUS FUNDS.

    (a) In General.--Effective 30 days after the date of the enactment 
of this Act, of the unobligated balance of the discretionary 
appropriations made available by division A of the American Recovery 
and Reinvestment Act of 2009 (Public Law 111-5), there is rescinded the 
amount determined by the Director of the Office of Management and 
Budget to be required to offset the reduction in Federal revenues 
resulting from the repeal and amendments made under section 1.
    (b) Application.--The rescission made by subsection (a) shall be 
applied proportionately--
            (1) to each discretionary account; and
            (2) within each such account, to each program, project, and 
        activity (with programs, projects, and activities as delineated 
        in the appropriation Act or accompanying reports for the 
        relevant fiscal year covering such account, or for accounts not 
        included in an appropriation Act, as delineated in the most 
        recently submitted President's budget).
    (c) OMB Report.--Not later than 90 days after the date of the 
enactment of this Act, the Director of the Office of Management and 
Budget shall submit to the House of Representatives and the Senate a 
report specifying the reductions made to each account, program, 
project, and activity pursuant to this section.

SEC. 3. PAYGO COMPLIANCE.

    The budgetary effects of this Act, for the purpose of complying 
with the Statutory Pay-As-You-Go Act of 2010, shall be determined by 
reference to the latest statement titled ``Budgetary Effects of PAYGO 
Legislation'' for this Act, submitted for printing in the Congressional 
Record by the Chairman of the House Budget Committee, provided that 
such statement has been submitted prior to the vote on passage.
                                 <all>
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