S. 777

Withholding Tax Relief Act of 2007

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II

110th CONGRESS

1st Session

S. 777

IN THE SENATE OF THE UNITED STATES

March 6, 2007

Mr. Craig introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To repeal the imposition of withholding on certain payments made to vendors by government entities.

1.

Short title

This Act may be cited as the Withholding Tax Relief Act of 2007.

2.

Repeal of imposition of withholding on certain payments made to vendors by government entities

The amendment made by section 511 of the Tax Increase Prevention and Reconciliation Act of 2005 is repealed and the Internal Revenue Code of 1986 shall be applied as if such amendment had never been enacted.