Newly approved bill differs from version Senate passed in February; the two measures now must be reconciled in committee The U.S. House of Representatives March 3 approved a legislative repeal of a new IRS Form 1099 paperwork requirement by a 314-112 vote. Since the House-passed legislation differs from the version passed by the Senate Feb. 9, the two bills must be reconciled by a House-Senate conference committee before the measure can be signed into law by President Obama. The new Form 1099 requirement was included in the massive health care overhaul bill enacted into law last March. The measure requires organizations, including associations, to issue an IRS Form 1099… Read More