,i #aagth ,,congress #b;d ,session ,h4 ,r4 #fiac ,,in ,,the ,,house ,,of ,,representatives ,march #c1 #bjbb ,mrs4 ,steel 7for herself1 ,mr4 ,donalds1 ,mr4 ,budd1 ,mr4 ,burchett1 ,mr4 ,buck1 ,ms4 ,herrell1 ,mr4 ,garbarino1 ,mr4 ,dunn1 ,mr4 ,mc,kinley1 ,mr4 ,mc,clintock1 ,mr4 ,johnson of ,ohio1 and ,mr4 ,gimenez7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to repeal the amendments made to reporting of third party network transactions by the ,american ,rescue ,plan ,act of #bjba4 #a4 ,short title ,this ,act may be cited as the ,stop the ,nosy ,obsession with ,online ,payments ,act of #bjbb or the ,,snoop ,act of #bjbb4 #b4 ,repeal of modification of exceptions for reporting of third party network transactions 7a7 ,in general ,section #fjej,w7e7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7e7 ,exception for de minimis payments by third party settlement organizations ,a third party settlement organization shall be required to report any information under subsection 7a7 with respect to third party network transactions of any participating payee only if-- 7#a7 the amount which would otherwise be reported under subsection 7a77#b7 with respect to such transactions exceeds #bj1jjj1 and 7#b7 the aggregate number of such transactions exceeds #bjj4 4 7b7 ,conforming amendment ,section #fjej,w7c77#c7 of the ,internal ,revenue ,code of #aihf is amended by striking described in subsection 7d77#c77;,a77iii74 7c7 ,effective date 7#a7 ,in general ,the amendment made by subsection 7a7 shall apply to returns for calendar years beginning after ,december #ca1 #bjba4 7#b7 ,clarification ,the amendment made by subsection 7b7 shall apply to transactions after the date of the enactment of the ,american ,rescue ,plan ,act of #bjba4