To repeal the expansion of information reporting requirements for payments of $600 or more to corporations, and for other purposes.

SA 4596. Mr. REID (for Mr. Johanns) proposed an amendment to
amendment SA 4595 proposed by Mr. Reid (for Mr. Nelson of Florida) to
the amendment SA 4594 proposed by Mr. Reid (for Mr. Baucus (for
himself, Ms. Landrieu, and Mr. Reid)) to the bill H.R. 5297, to create
the Small Business Lending Fund Program to direct the Secretary of the
Treasury to make capital investments in eligible institutions in order
to increase the availability of credit for small businesses, to amend
the Internal Revenue Code of 1986 to provide tax incentives for small
business job creation, and for other purposes; as follows:

At the appropriate place, insert the following:

PART IV--ADDITIONAL PROVISIONS

SEC. 4271. REPEAL OF EXPANSION OF INFORMATION REPORTING
REQUIREMENTS.

Section 9006 of the Patient Protection and Affordable Care
Act, and the amendments made thereby, are hereby repealed;
and the Internal Revenue Code of 1986 shall be applied as if
such section, and amendments, had never been enacted.

SEC. 4272. EXPANSION OF AFFORDABILITY EXCEPTION TO INDIVIDUAL
MANDATE.

Section 5000A(e)(1)(A) of the Internal Revenue Code of 1986
is amended by striking ``8 percent'' and inserting ``5
percent''.

SEC. 4273. USE OF PREVENTION AND PUBLIC HEALTH FUND.

(a) Use of Funds as Offset Through Fiscal Year 2017.--
Section 4002(b) of the Patient Protection and Affordable Care
Act is

[[Page S6962]]

amended by striking ``appropriated--'' and all that follows
and inserting ``appropriated, for fiscal year 2018, and each
fiscal year thereafter, $2,000,000,000''.
(b) Effective Date.--The amendment made by this section
shall take effect as if included in the enactment of section
4002 of the Patient Protection and Affordable Care Act.

SEC. 4274. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES.

The percentage under paragraph (2) of section 561 of the
Hiring Incentives to Restore Employment Act in effect on the
date of the enactment of this Act is increased by 4.25
percentage points.
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