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Gig Is Up Act

10/28/2022, 1:45 AM

Congressional Summary of HR 5419

Gig Is Up Act

This bill requires employers to pay employer and employee portions of Social Security and Medicare taxes when they contract with at least 10,000 independent contractors and gross at least $100 million in a calendar year.

Current Status of Bill HR 5419

Bill HR 5419 is currently in the status of Bill Introduced since December 12, 2019. Bill HR 5419 was introduced during Congress 116 and was introduced to the House on December 12, 2019.  Bill HR 5419's most recent activity was Referred to the House Committee on Ways and Means. as of December 12, 2019

Bipartisan Support of Bill HR 5419

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
14
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5419

Primary Policy Focus

Taxation

Potential Impact Areas

- Employee benefits and pensions
- Employment taxes
- Self-employed
- Wages and earnings

Alternate Title(s) of Bill HR 5419

Gig Is Up Act
To amend the Internal Revenue Code of 1986 to require payroll tax withholding on independent contractors of certain large businesses.
Gig Is Up Act

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