LaHood Backs Legislation to Support Gig Economy Workers, Invest In School Choice

Washington, D.C. - At today's House Ways and Means Committee Markup on tax legislation, Congressman Darin LaHood (IL-16) voted to advance two bills, the Saving Gig Economy Taxpayers Act and the Educational Choice for Children Act of 2024, to support gig economy workers and invest in school choice programs. The bills will reverse a harmful budget gimmick in Democrats' American Rescue Plan that targeted gig economy workers and strengthen investments in nonprofits seeking to provide scholarships to students in elementary and secondary schools.

"Under Joe Biden, Kamala Harris, and JB Pritzker, burdensome taxes and regulations have been levied on workers and small businesses and school choice has been diminished in Illinois," said Rep. LaHood. "The Saving Gig Economy Taxpayers Act and the Educational Choice for Children Act of 2024 will ensure that workers aren't unfairly targeted by the IRS as they try to make ends meet and give students the chance to fulfill their potential in the classroom. As families navigate high inflation and the negative impact of COVID lockdowns on learning, I applaud the Ways and Means Committee for advancing legislation to address everyday challenges our communities face in Illinois."

Background:
H.R. 190, the Saving Gig Economy Taxpayers Act, would repeal burdensome tax hikes in Democrats' American Rescue Plan that lowered the 1099-K reporting requirement for taxpayers and independent contractors who use payment platforms like Venmo to $600, and return the threshold to $20,000 and 200 separate transactions.

H.R. 9462, the Educational Choice for Children Act of 2024, would incentivize investments in non-profit organizations that provide scholarships to elementary and secondary students, providing more options to parents looking to give their kids a quality education.

Learn more from the Ways and Means Committee HERE.

Permalink: https://lahood.house.gov/2024/9/lahood-backs-legislation-to-support-gig-economy-workers-invest-in-school-choice