S 1725 · 118th Congress

Red Tape Reduction Act of 2023

<p> <strong>Red Tape Reduction Act of 2023 </strong></p> <p>This bill modifies the reporting requirements for payments made in settlement of payment card and third party network transactions. Under current law, settlement organizations are not required to report information for transactions that do not exceed $600.…

Sponsor

Brown, Sherrod (D-OH)

Introduced

2023-05-18

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.