United States 118th Congress Status: In Committee 11 R cosponsors

HR 488 — SNOOP Act of 2023

Last action — Referred to the House Committee on Ways and Means.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 118th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

In plain language

The bill repeals changes to reporting third-party network transactions from the American Rescue Plan Act.

This bill seeks to revert the reporting requirements for third-party network transactions back to previous thresholds. Specifically, it adjusts the reporting requirements to only apply if a payee receives over $20,000 and has more than 200 transactions.

Summary

To amend the Internal Revenue Code of 1986 to repeal the amendments made to reporting of third party network transactions by the American Rescue Plan Act of 2021.

Bill Text

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Ways and Means.

Sponsors

Sponsorship breakdown

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1 sponsors · 10 co-sponsors · 536 not signed on

Sponsors (1)

Co-sponsors (10)

Not signed on (536)

536 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

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Frequently asked questions

What does HR 488 do?
To amend the Internal Revenue Code of 1986 to repeal the amendments made to reporting of third party network transactions by the American Rescue Plan Act of 2021.
Who sponsors HR 488?
HR 488 is sponsored by Salazar, Maria Elvira (Republican), McClintock, Tom (Republican), Burchett, Tim (Republican), Miller-Meeks, Mariannette (Republican), Johnson, Bill (Republican), Crenshaw, Dan (Republican), Mann, Tracey (Republican), Meuser, Daniel (Republican), Rouzer, David (Republican), Lawler, Michael (Republican), and Steel, Michelle (Republican).
What is the current status of HR 488?
This bill died with 118th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 488?
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Last checked for changes 2 months ago · updated continuously

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