Diaz-Balart: The idea of such a mandate is a nightmare

Washington, D.C. –Congressman Mario Diaz-Balart (R-FL) released the following statement after the passage of H.R. 4, which repeals the 1099 tax reporting provision included in the Democrats’ health care law.

“This legislation will protect small businesses from a cumbersome mandate that's hidden within Obamacare. At a time when small businesses are doing their best to survive, we need to protect them, their workers and American taxpayers,” said Diaz-Balart. The mandate would require all employers and entrepreneurs to submit a 1099 form for vendors with whom they do $600 or more in business in a given year. “The idea of such an onerous mandate is a nightmare; small businesses are the backbone of our economy responsible for our growth by innovating, investing, and creating jobs for the American people,” added Diaz-Balart.

“The 1099 mandate would force small businesses to devote precious resources and time to comply with tax filing instead of focusing on business expansion and job creation. The federal government must encourage private sector growth, not drown them with onerous and outrageous provisions,” Diaz-Balart concluded.