The Bipartisan Paperwork Burden Reduction Act by Rep. Panetta and Chairman Jason Smith, Signed into Law by President Biden

Monterey, CA – The Paperwork Burden Reduction Act was signed into law by President Joe Biden.  The bipartisan legislation was authored and introduced by United States Representative Jimmy Panetta (CA-19) and Chairman of the House Ways and Means Committee, Jason Smith (MO-08).  The law will relieve employers and workers from outdated, burdensome rules requiring employers to mail no longer needed tax paperwork to employees. Specifically, the legislation ends the requirement that employers continue to mail both forms 1095-B and 1095-C to employees to prove compliance with the Affordable Care Act’s no longer existent individual healthcare mandate.  The bill allows employees instead to request 1095-B and 1095-C health insurance tax forms online, rather than be mailed a paper copy, while ensuring the form is still available to employees who need it.

Every year, employers spend significant time and resources mailing 1095-C forms to employees.  Only 1.4 percent of Americans decline their offer of employer-sponsored health insurance and will need to use this form.  More than 154 million Americans will receive this unnecessary form in the mail, confusing workers and frustrating taxpayers.

“There are too many unnecessary burdens on taxpayers and small businesses,” said Rep. Panetta.  “The bipartisan Paperwork Burden Reduction Act is a straightforward and commonsense law that will eliminate unnecessary paperwork that strains small businesses and drags down working families access to the Affordable Care Act.  I thank Chairman Smith for his leadership and partnership on passing this legislation and I look forward to continuing to find common ground on these types of solutions that make our lives easier and livelihoods flourish.”

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