S. 570 — A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.

Summary

Amends the Internal Revenue Code to exempt from the electronic fund transfer system for the collection of taxes businesses with an aggregate amount of depository taxes below an applicable dollar amount.

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Legislative Actions

1997-04-14
Introduced in Senate
1997-04-14
Sponsor introductory remarks on measure. (CR S3123-3124)
1997-04-14
Read twice and referred to the Committee on Finance.
1997-06-05
Subcommittee on Taxation & IRS Oversight. Hearings held. Hearings printed: S.Hrg. 105-907.

A bill to amend the Internal Revenue Code of 1986 to exempt certain small businesses from the mandatory electronic fund transfer system.

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Summary

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