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Texas and Southwestern Cattle Raisers Association

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TSCRA APPLAUDS REPEAL OF 1099 PROVISION

For Immediate Release: April 5, 2011

Contact: Carmen Fenton, 512-469-0171
Fort Worth, Texas – The Texas and Southwestern Cattle Raisers Association (TSCRA) applauded the Senate for passing a bill to repeal the 1099 provision in the Patient Protection and Affordable Care Act, also known as the Administration’s health care bill.
 
The provision was implemented to pay for the health care bill, a bill which TSCRA opposed because of its detrimental effects on small businesses including Texas ranches.
 
“We are happy to see the Senate repeal this unnecessary and overwhelming provision,” said Joe Parker, Jr., rancher and TSCRA president. “Texas ranchers are already dealing with an overreaching government and a long list of proposed EPA regulations that will impose additional costs to our operations. Frankly, we cannot afford the extra costs and paperwork this provision would have created.”
 
Had it not been repealed, this provision would have required businesses, including ranches, to file a 1099 form for vendors it uses for goods and services that exceeds $600. 
 
“This is the first step to repealing the Administration’s health care bill and we look forward to seeing it signed into law by the President.”
 
The Texas and Southwestern Cattle Raisers Association is a 134-year-old trade organization. As the largest and oldest livestock association in Texas, TSCRA represents more than 15,000 beef cattle producers, ranching families and businesses who manage approximately 4 million head of cattle on 51.5 million acres of range and pasture land, primarily in Texas and Oklahoma. TSCRA provides law enforcement and livestock inspection services, legislative and regulatory advocacy, industry news and information, insurance services and educational opportunities for its members and the industry. 

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Written by:
Jeremy Fuchs
Published on:
April 6, 2011

Categories: Business, Issues & Policy

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