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Saving Gig Economy Taxpayers Act

H.R. 1882 Rep. Carol Miller (R-WV-1) In committee
  1. Introduced Mar 5
  2. Committee Mar 5
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Mar 5, 2025Next: House vote
602d ago Mar 5, 2025: Referred to the House Committee on Ways and Means.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
3companies, 6 filings
Member trades
1trades in the last 90 days
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Companies lobbying on this bill

3 companies
Companies by sector
Technology & Software 2Services 1
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Summary

This bill amends the Internal Revenue Code to raise the reporting threshold for third party settlement organizations (like payment apps) back to $20,000 and 200 transactions per year, reversing the lower threshold set by the American Rescue Plan Act. It also applies this higher threshold to backup withholding rules for third party network transactions.

Sec. 2, Reinstatement of exception for de minimis payments: This section changes the reporting requirement for third party settlement organizations so they only have to report payments to a payee if the total amount exceeds $20,000 and the number of transactions exceeds 200 in a year. This change takes effect as if it were part of the original American Rescue Plan Act.

Sec. 3, Application of de minimis rule to backup withholding: This section adds a new rule to backup withholding. Payments from third party network transactions are treated as reportable payments only if the number of transactions exceeds 200 and the total amount exceeds $20,000 in a calendar year. However, if the payee had reportable payments in the prior year, this exception does not apply. These changes apply to calendar years starting after December 31, 2024.

Summary of the bill text as introduced in House (Mar 5, 2025), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.