I 
119TH CONGRESS 
1ST SESSION H. R. 1882 
To amend the Internal Revenue Code of 1986 to reinstate the exception 
for de minimis payments by third party settlement organizations with 
respect to returns relating to payments made in settlement of payment 
card and third party network transactions, as in effect prior to the 
enactment of the American Rescue Plan Act, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 5, 2025 
Mrs. MILLER of West Virginia (for herself, Mr. BUCHANAN, Mr. SMITH of Ne-
braska, Mr. KELLY of Pennsylvania, Mr. SCHWEIKERT, Mr. LAHOOD, 
Mr. ARRINGTON, Mr. ESTES, Mr. SMUCKER, Mr. HERN of Oklahoma, 
Mr. MURPHY, Mr. KUSTOFF, Mr. FITZPATRICK, Mr. STEUBE, Ms. 
TENNEY, Mrs. FISCHBACH, Mr. MOORE of Utah, Ms. VAN DUYNE, Mr. 
FEENSTRA, Ms. MALLIOTAKIS, Mr. CAREY, Mr. YAKYM, Mr. MILLER of 
Ohio, Mr. BEAN of Florida, and Mr. MORAN) introduced the following 
bill; which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to reinstate 
the exception for de minimis payments by third party 
settlement organizations with respect to returns relating 
to payments made in settlement of payment card and 
third party network transactions, as in effect prior to 
the enactment of the American Rescue Plan Act, and 
for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Saving Gig Economy 
Taxpayers Act’’. 
SEC. 2. REINSTATEMENT OF EXCEPTION FOR DE MINIMIS 
PAYMENTS AS IN EFFECT PRIOR TO ENACT-
MENT OF AMERICAN RESCUE PLAN ACT. 
(a) IN GENERAL.—Section 6050W(e) of the Internal 
Revenue Code of 1986 is amended to read as follows: 
‘‘(e) EXCEPTION FOR DE MINIMIS PAYMENTS BY 
THIRD PARTY SETTLEMENT ORGANIZATIONS.—A third 
party settlement organization shall be required to report 
any information under subsection (a) with respect to third 
party network transactions of any participating payee only 
if— 
‘‘(1) the amount which would otherwise be re-
ported under subsection (a)(2) with respect to such 
transactions exceeds $20,000, and 
‘‘(2) the aggregate number of such transactions 
exceeds 200.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall take effect as if included in section 9674 
of the American Rescue Plan Act. 
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SEC. 3. APPLICATION OF DE MINIMIS RULE FOR THIRD 
PARTY NETWORK TRANSACTIONS TO BACKUP 
WITHHOLDING. 
(a) IN GENERAL.—Section 3406(b) of the Internal 
Revenue Code of 1986 is amended by adding at the end 
the following new paragraph: 
‘‘(8) OTHER REPORTABLE PAYMENTS INCLUDE 
PAYMENTS IN SETTLEMENT OF THIRD PARTY NET-
WORK
TRANSACTIONS
ONLY
WHERE
AGGREGATE 
TRANSACTIONS
EXCEED
REPORTING
THRESHOLD 
FOR THE CALENDAR YEAR.— 
‘‘(A) IN GENERAL.—Any payment in set-
tlement of a third party network transaction re-
quired to be shown on a return required under 
section 6050W which is made during any cal-
endar year shall be treated as a reportable pay-
ment only if— 
‘‘(i) the aggregate number of trans-
actions with respect to the participating 
payee during such calendar year exceeds 
the number of transactions specified in 
section 6050W(e)(2), and 
‘‘(ii) the aggregate amount of trans-
actions with respect to the participating 
payee during such calendar year exceeds 
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