Senator Collins Votes to Repeal Unfair Regulation That Burdens Small Businesses

Senator Susan Collins voted Tuesday in support of an amendment to repeal a provision of the recently enacted health care law that increases costs and creates onerous paperwork for small businesses and charitable organizations. The rule, which is scheduled to take effect in 2012, requires business owners to file separate tax forms, called 1099s, for all business transactions totaling $600 or more in a given year.