Health Affairs released a brief examining current proposals to repeal health reform’s business reporting requirement. Originally created to raise funds for health reform by reducing underreported business income, the law requires businesses to provide the Internal Revenue Service (IRS) with documentation of goods purchases totaling over $600. The brief examines failed proposals to repeal the measure and how those proposals offset the projected $19 billion that the requirement is expected to generate through 2020. The authors project that Congress will repeal the measure and will offset the loss with a requirement to reduce federal funding not specifically tied to health care reform  

From the brief:  

The Senate has voted to repeal one provision designed to help finance health reform, and the House is likely to follow. The target: a requirement that businesses file Form 1099 with the Internal Revenue Service (IRS) for all purchases made from any vendor totaling $600 or more per year.

This so-called 1099 provision doesn't have anything directly to do with health care per se, but was designed to capture tax revenues that may be lost if businesses fail to report income. However, lawmakers from both parties and the Obama administration now support repealing the measure on the ground that it would place an undue burden on business, especially small businesses.

Full Report: Health Policy Brief: The 1099 Provision   

Health Affairs. (2011). Health policy brief: the 1099 provision.