§ 6050R. Returns relating to certain purchases of fish

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. 1996

   Small Business Job Protection Act of 1996

   Pub. L. 104–188 title I § 1116(b)(1) · 110 Stat. 1755

   Enacted · 26 U.S.C. § 6050R

   Added Pub. L. 104–188, title I, § 1116(b)(1), Aug. 20, 1996, 110 Stat. 1763

   Source evidence

   Code source credit
   Added Pub. L. 104–188, title I, § 1116(b)(1), Aug. 20, 1996, 110 Stat. 1763

   Enacted provision · exact public law section
   (1) In general.— Subpart B of part III of subchapter A of chapter 68 (relating to information concerning transactions with other persons) is amended by inserting after section 6050Q the following new section: “SEC. 6050R. RETURNS RELATING TO CERTAIN PURCHASES OF FISH. “(a) Requirement Of Reporting.— Every person— “(1) who is engaged in the trade or business of purchasing fish for resale from any person engaged in the trade or business of catching fish; and “(2) who makes payments in cash in the course of such trade or business to such a person of $600 or more during any calendar year for the purchase of fish, shall make a return (at such times as the Secretary may prescribe) described in subsection (b) with respect to each person to whom such a payment was made during such calendar year. “(b) Return.— A return is described in this subsection if such return— “(1) is in such form as the Secretary may prescribe, and “(2) contains— “(A) the name address, and TIN of each person to whom a payment described in subsection (a)(2) was made during the calendar year; “(B) the aggregate amount of such payments made to such person during such calendar year and the date and amount of each such payment, and “(C) such other information as the Secretary may require. “(c) Statement To Be Furnished With Respect To Whom Information Is Required.— Every person required to make a return under subsection (a) shall furnish to each person 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 a return, and “(2) the aggregate amount of payments to the person required to be shown on the return. The written statement required under the preceding sentence shall be furnished to the person on or before January 31 of the year following the calendar year for which the return under subsection (a) is required to be made. “(d) Definitions.— For purposes of this section: “(1) Cash.— The term ‘cash’ has the meaning given such term by section 6050I(d). “(2) Fish.— The term ‘fish’ includes other forms of aquatic life.”.

   Effective date note
   Amendment by Pub. L. 105–34 effective as if included in the provisions of the Small Business Job Protection Act of 1996, Pub. L. 104–188, to which it relates, see section 1601(j) of Pub. L. 105–34, set out as a note under section 23 of this title.

2. 1997

   Pub. L. 105–34 § 1601(a)(2) · 111 Stat. 788

   Added · 26 U.S.C. § 6050R

   Pub. L. 105–34, § 1601(a)(2), provided that amendment made by section 1116(b)(1) of Pub. L. 104–188, shall be applied as if reference to chapter 68 were a reference to chapter 61. Section 1116(b)(1) of Pub. L. 104–188 directed amendment of subpart B of part III of subchapter A of chapter 68 by adding this section

   Source evidence

   Code amendment note
   Pub. L. 105–34, § 1601(a)(2), provided that amendment made by section 1116(b)(1) of Pub. L. 104–188, shall be applied as if reference to chapter 68 were a reference to chapter 61. Section 1116(b)(1) of Pub. L. 104–188 directed amendment of subpart B of part III of subchapter A of chapter 68 by adding this section.

   Enacted provision · exact public law section
   (2) Amendment to section 1116.—Paragraphs (1) and (2)(C) of section 1116(b) of the Small Business Job Protection Act of 1996 shall each be applied as if the reference to chapter 68 were a reference to chapter 61.

   Effective date note
   Amendment by Pub. L. 105–34 effective as if included in the provisions of the Small Business Job Protection Act of 1996, Pub. L. 104–188, to which it relates, see section 1601(j) of Pub. L. 105–34, set out as a note under section 23 of this title.

3. 1997

   Pub. L. 105–34 § 1601(a)(1) · 111 Stat. 788

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

   Pub. L. 105–34, § 1601(a)(1), substituted “name, address, and phone number of the information contact” for “name and address”

   Source evidence

   Code amendment note
   Subsec. (c)(1). Pub. L. 105–34, § 1601(a)(1), substituted “name, address, and phone number of the information contact” for “name and address”.

   Enacted provision · exact public law section
   (1) Amendment related to section me.—Paragraph (1) of section 6050R(c) is amended by striking “name and address” and inserting “name, address, and phone number of the information contact”.

   Effective date note
   Amendment by Pub. L. 105–34 effective as if included in the provisions of the Small Business Job Protection Act of 1996, Pub. L. 104–188, to which it relates, see section 1601(j) of Pub. L. 105–34, set out as a note under section 23 of this title.

4. 1998

   Internal Revenue Service Restructuring and Reform Act of 1998

   Pub. L. 105–206 title VI § 6023(21) · 112 Stat. 685

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

   Pub. L. 105–206 substituted a comma for the semicolon at end

   Source evidence

   Code amendment note
   Subsec. (b)(2)(A). Pub. L. 105–206 substituted a comma for the semicolon at end.

   Enacted provision · exact public law section
   (21) Subparagraph (A) of section 6050R(b)(2) of the 1986Code is amended by striking the semicolon at the end thereof and inserting a comma.

4 of 4 references resolved to an enrolled provision