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SNOOP Act of 2022

USA117th CongressHR-6913| House 
| Updated: 3/3/2022
Michelle Steel

Michelle Steel

Republican Representative

California

Cosponsors (28)
Diana Harshbarger (Republican)Yvette Herrell (Republican)Tim Burchett (Republican)Scott Franklin (Republican)Neal P. Dunn (Republican)Carlos A. Gimenez (Republican)Mariannette Miller-Meeks (Republican)Ken Buck (Republican)Tom McClintock (Republican)Andrew R. Garbarino (Republican)David B. McKinley (Republican)Maria Elvira Salazar (Republican)H. Morgan Griffith (Republican)Daniel Meuser (Republican)Mario Diaz-Balart (Republican)Richard Hudson (Republican)W. Gregory Steube (Republican)Mark E. Green (Republican)Larry Bucshon (Republican)Byron Donalds (Republican)Pete Stauber (Republican)Vicky Hartzler (Republican)Dan Crenshaw (Republican)Burgess Owens (Republican)Ralph Norman (Republican)Tracey Mann (Republican)Ted Budd (Republican)Bill Johnson (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Stop the Nosy Obsession with Online Payments Act of 2022 or the SNOOP Act of 2022 This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network. This reverses a provision in the American Rescue Plan Act of 2021 that lowered the reporting threshold to $600 with no minimum on the number of transactions.
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Timeline
Feb 1, 2022

Latest Companion Bill Action

S 117-3546
Introduced in Senate
Mar 3, 2022
Introduced in House
Mar 3, 2022
Referred to the House Committee on Ways and Means.
  • February 1, 2022

    Latest Companion Bill Action

    S 117-3546
    Introduced in Senate


  • March 3, 2022
    Introduced in House


  • March 3, 2022
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 117-948: A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold.
  • HR 117-3425: Saving Gig Economy Taxpayers Act
  • S 117-3546: SNOOP Act of 2022

SNOOP Act of 2022

USA117th CongressHR-6913| House 
| Updated: 3/3/2022
Stop the Nosy Obsession with Online Payments Act of 2022 or the SNOOP Act of 2022 This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network. This reverses a provision in the American Rescue Plan Act of 2021 that lowered the reporting threshold to $600 with no minimum on the number of transactions.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 1, 2022

Latest Companion Bill Action

S 117-3546
Introduced in Senate
Mar 3, 2022
Introduced in House
Mar 3, 2022
Referred to the House Committee on Ways and Means.
  • February 1, 2022

    Latest Companion Bill Action

    S 117-3546
    Introduced in Senate


  • March 3, 2022
    Introduced in House


  • March 3, 2022
    Referred to the House Committee on Ways and Means.
Michelle Steel

Michelle Steel

Republican Representative

California

Cosponsors (28)
Diana Harshbarger (Republican)Yvette Herrell (Republican)Tim Burchett (Republican)Scott Franklin (Republican)Neal P. Dunn (Republican)Carlos A. Gimenez (Republican)Mariannette Miller-Meeks (Republican)Ken Buck (Republican)Tom McClintock (Republican)Andrew R. Garbarino (Republican)David B. McKinley (Republican)Maria Elvira Salazar (Republican)H. Morgan Griffith (Republican)Daniel Meuser (Republican)Mario Diaz-Balart (Republican)Richard Hudson (Republican)W. Gregory Steube (Republican)Mark E. Green (Republican)Larry Bucshon (Republican)Byron Donalds (Republican)Pete Stauber (Republican)Vicky Hartzler (Republican)Dan Crenshaw (Republican)Burgess Owens (Republican)Ralph Norman (Republican)Tracey Mann (Republican)Ted Budd (Republican)Bill Johnson (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 117-948: A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold.
  • HR 117-3425: Saving Gig Economy Taxpayers Act
  • S 117-3546: SNOOP Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted