Bill
Bill > HR734
US HR734
US HR734To amend the Internal Revenue Code of 1986 to repeal the medical device tax, and for other purposes.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Repeals the provision of the Internal Revenue Code, added by the Health Care and Education Reconciliation Act of 2010, that imposes an excise tax on medical devices. Rescinds $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA). Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such recissions shall apply and report to the Secretary of the Treasury and Congress on such recissions.
Committee Categories
Budget and Finance
Sponsors (7)
Brian Bilbray (R)*,
Ken Calvert (R),
Shelley Moore Capito (R),
Duncan Hunter (R),
Gary Miller (R),
Dana Rohrabacher (R),
Dennis Ross (R),
Last Action
Referred to House Appropriations (on 02/16/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/house-bill/734/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112hr734ih/pdf/BILLS-112hr734ih.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112hr734ih/pdf/BILLS-112hr734ih.pdf.pdf |
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