S. 26 · 118th Congress
SNOOP Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HagertySponsor33 cosponsors · 1 D, 32 R
R
Barrasso
MB
R
Braun
KC
R
Cramer
TC
R
Cruz
JH
R
Hoeven
JK
R
Kennedy
CL
R
Lummis
JL
R
Lankford
RP
R
Paul
MR
R
Rubio
JC
R
Cornyn
JM
R
Moran
RM
R
Marshall
TT
R
Tillis
SC
R
Capito
JE
R
Ernst
MR
R
Romney
CG
R
Grassley
TS
R
Scott
PR
R
Ricketts
TB
R
Budd
ES
R
Schmitt
JD
R
Vance
KB
R
Britt
RS
R
Scott
JM
D
Manchin
SC
R
Collins
TC
R
Cotton
TT
R
Tuberville
JB
R
Boozman
LG
R
Graham
ML
R
Lee
MB
R
Blackburn8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Stop the Nosy Obsession with Online Payments Act of 2023 or the SNOOP Act of 2023
What it does: CRS summary · Introduced in Senate · Jan 23, 2023
Stop the Nosy Obsession with Online Payments Act of 2023 or the SNOOP Act of 2023
This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. A third party settlement organization is the central organization that has the contractual obligation to make payments to participating payees (generally, a merchant or business) in a third party payment network.
This reverses a provision in the American Rescue Plan Act of 2021 that lowered the reporting threshold to $600 with no minimum on the number of transactions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SNOOP Act of 2023
Also known as: Stop the Nosy Obsession with Online Payments Act of 2023
Latest action (Jan 23, 2023): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Jan 23, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.