NU Online News Service, Nov. 30, 3:47 p.m. EST

WASHINGTON–Property and casualty trade groups urged Congress to keep trying after the Senate failed late Monday to pass legislation that would repeal a tax reporting provision of the health care reform law.

The provision, which the Independent Insurance Agents and Brokers of America called “burdensome” on small businesses, will require businesses that spend $600 or more with a vendor to file a 1099 form with the IRS starting in 2012.

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