The Senate has passed a repeal of the 1099 provision in the Patient Protection and Affordable Care Act (PPACA). This marks the first item the Senate has voted to change in PPACA. The 1099 provision was a tax provision that requires all small businesses to file a 1099 form every time they spend more than $600 in aggregate per year for goods and services from one company. The goal of the provision was to make sure all small businesses pay all the taxes they owe. This provision was anticipated to generate about $19 billion in tax revenue over 10 years. Those opposing this provision argued that abiding by this provision would place a heavy burden on small businesses and could limit job creation.
The elimination of this piece of PPACA passed the Senate by a vote of 81-17. With the passage by the Senate of a change to PPACA, it gives hope to those individuals advocating for changes to other portions of the bill. ASA continues to advocate for many changes to PPACA including but not limited to the repeal of the Independent Payment Advisory Board (IPAB) and the removal of the nondiscrimination language in PPACA.