Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011
PL 112-9 (H.R.4), enacted 04/14/2011

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 PRO-
CEEDS. 
(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 PAY-
MENTS. 
(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 pov-
erty 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] 
VerDate Mar 15 2010 
13:48 Jul 02, 2014
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125 STAT. 37 
PUBLIC LAW 112–9—APR. 14, 2011 
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. 
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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