§ 6050B. Returns relating to unemployment compensation

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1978

   Pub. L. 95–600 title I § 112(b) · 92 Stat. 2763

   Enacted · 26 U.S.C. § 6050B

   Added Pub. L. 95–600, title I, § 112(b), Nov. 6, 1978, 92 Stat. 2777

   Source evidence

   Code source credit
   Added Pub. L. 95–600, title I, § 112(b), Nov. 6, 1978, 92 Stat. 2777

   Enacted provision · exact public law section
   (b) Reporting of Unemployment Compensation Payments.— Subpart B of part III of subchapter A of chapter 61 (relating to information concerning transactions with other persons) is amended by adding at the end thereof the following new section: “SEC. 6050B. RETURNS RELATING TO UNEMPLOYMENT COMPENSATION. “(a) Requirement of Reporting.— Every person who makes payments of unemployment compensation aggregating $10 or more to any individual during any calendar year shall make a return according to the forms or regulations prescribed by the Secretary, setting forth the aggregate amounts of such payments and the name and address of the individual to whom paid. “(b) Statements To Be Furnished to Individuals With Respect to Whom Information Is Furnished.— Every person making a return under subsection (a) shall furnish to each individual whose name is set forth in such return a written statement showing— “(1) the name and address of the person making such return, and “(2) the aggregate amount of payments to the individual as shown on such return. The written statement required under the preceding sentence shall be furnished to the individual on or before January 31 of the year following the calendar year for which the return under subsection (a) was made. No statement shall be required to be furnished to any individual under this subsection if the aggregate amount of payments to such individual shown on the return made under subsection (a) is less than $10. “(c) Definitions.— For purposes of this section— “(1) Unemployment compensation.— The term ‘unemployment compensation’ has the meaning given to such term by 26 USC 85. section 85(c). “(2) Person.— The term ‘person’ means the officer or employee having control of the payment of the unemployment compensation, or the person appropriately designated for purposes of this section.”

2. 1986

   Tax Reform Act of 1986

   Pub. L. 99–514 title XV § 1501(c)(7) · 100 Stat. 2085

   1. Changed · 26 U.S.C. § 6050B(b)

      Pub. L. 99–514, in amending subsec. (b) generally

   2. Substituted · 26 U.S.C. § 6050B(b)

      Pub. L. 99–514, in substituted references to persons required to make a return for former references to persons making a return and references to individuals whose names are required to be set forth for former references to individuals whose names are set forth

   3. Struck · 26 U.S.C. § 6050B(b)

      Pub. L. 99–514, in struck out provision directing that no statement is required to be furnished to individuals if the aggregate amount of payments to such individual shown on the return is less than $10

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 99–514, in amending subsec. (b) generally, substituted references to persons required to make a return for former references to persons making a return and references to individuals whose names are required to be set forth for former references to individuals whose names are set forth, and struck out provision directing that no statement is required to be furnished to individuals if the aggregate amount of payments to such individual shown on the return is less than $10.

   Enacted provision · exact public law section
   (7) Subsection (b) of section 6050B is amended to read as follows: “(b) Statements To Be Furnished to Individuals With Respect To Whom Information Is Required.— Every person required to make a return under subsection (a) shall furnish to each individual whose name is required to be set forth in such return a written statement showing— “(1) the name and address of the person required to make such return, and “(2) the aggregate amount of payments to the individual required to be shown on such return. The written statement required under the preceding sentence shall be furnished to the individual on or before January 31 of the year following the calendar year for which the return under subsection (a) was required to be made.”

3. 1996

   Taxpayer Bill of Rights 2

   Pub. L. 104–168 title XII § 1201(a)(7) · 110 Stat. 1452

   Substituted · 26 U.S.C. § 6050B(b)(1)

   Pub. L. 104–168 substituted “name, address, and phone number of the information contact” for “name and address”

   Source evidence

   Code amendment note
   Subsec. (b)(1). Pub. L. 104–168 substituted “name, address, and phone number of the information contact” for “name and address”.

   Enacted provision · exact public law section
   (7) Section 6050B(b)(1).

   Effective date note
   Amendment by Pub. L. 104–168 applicable to statements required to be furnished after Dec. 31, 1996 (determined without regard to any extension), see section 1201(b) of Pub. L. 104–168, set out as a note under section 6041 of this title.

4. 1996

   Small Business Job Protection Act of 1996

   Pub. L. 104–188 title I § 1704(t)(14) · 110 Stat. 1755

   Substituted · 26 U.S.C. § 6050B(c)(1)

   Pub. L. 104–188 substituted “section 85(b)” for “section 85(c)”

   Source evidence

   Code amendment note
   Subsec. (c)(1). Pub. L. 104–188 substituted “section 85(b)” for “section 85(c)”.

   Enacted provision · exact public law section
   (14) Paragraph (1) of section 6050B(c) is amended by striking “section 85(c)” and inserting “section 85(b)”.

6 of 6 references resolved to an enrolled provision