Members of the Senate spent Wednesday preparing to hold votes on two high-profile Affordable Care Act measures just in time for the C-SPAN2 dinner crowd.
The Senate started voting on amendments to S. 223, the Federal Aviation Administration reauthorization bill, about 5:15 p.m.
Members of the Senate voted 81-17 to adopt a "1099 fix" amendment proposed by Sen. Debbie Stabenow, D-Mich. The amendment would eliminate a section of the Patient Protection and Affordable Care Act (PPACA) that could greatly expand Form 1099 reporting requirements. The provision, inserted into PPACA to raise revenue, would require a business of any size to file a Form 1099 for every vendor with whom the business had more than $600 in transactions in a given tax year.
The Stabenow amendment needed 60 votes to pass.
Sen. Sander Levin, D-Mich., proposed an alternative version of the 1099 fix that would eliminate the 1099 reporting provision and use a different mechanism than the Stabenow amendment for making up for the tax revenue lost due to the change. The Levin proposal needed 60 votes to pass and failed by a 44-54 vote.
Stabenow wants to fund the 1099 fix to by having unappropriated funds taken away from all government operations but Social Security and the departments of Defense and Veterans Affairs; Levin wanted to pay for the fix by cutting oil and gas production tax breaks.
The Senate also considered an amendment proposed by Senate Minority Leader Mitch McConnell, R-Ky., that would repeal the Affordable Care Act, the legislative package that includes PPACA.
The PPACA repeal amendment needed 60 votes to pass and failed by a 47-51 vote.
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