H.R. 674: To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities, to modify the calculation of modified adjusted gross income for purposes of determining eligibility fo
CBO Score
$-27,252,000,000
Documentation
Date of Report
Wed November 9th, 2011
CBO Report Details
Legislation Details
112th Congress
To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities, to modify the calculation of modified adjusted gross income for purposes of determining eligibility for certain healthcare-related programs, and for other purposes.
Sponsor: Rep. Walter Herger — R — CA
Amends the Internal Revenue Code to repeal the 3% withholding requirement on payments due to vendors providing goods and services to federal, state, and local governmental entities.
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