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3 percent repeal passes Senate

from Government Withholding Relief Coalition

HR 674 passed Nov. 10, in the U.S. Senate by a vote of 95 to 0. Before final passage, an amendment to HR 674 was approved to include tax credits for veterans hiring, a Treasury study of tax delinquency among federal contractors and a technical clarification about the application of the existing federal levy program to reflect congressional intent that payments for property can be levied along with payments for goods and services. This amendment passed 94 to 1. Because HR 674 was amended, the bill must go back to the House for approval before going to the president for his signature. more


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