|Code Section||Effective Date||Name of Act||Name of Provision||10yr Revenue Estimate ($millions)|
|3402(t)||12/31/2011||Three Percent Withholding Repeal and Job Creation Act of 2011||Repeal of Imposition of Three Percent Withholding on Certain Payments Made to Vendors by Government Entities||-11,194|
|3402(t)||2/17/2009||The American Recovery and Reinvestment Act of 2009 (Public Law 111-5)||Delay in implementation of withholding tax on government contractors||-291|
Repeal of Imposition of Three-Percent Withholding on Certain Payments Made to Vendors by Government Entities
Explanation of Provision
Under the proposal, section 3402(t) enacted under section 511 of TIPRA, is repealed.