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US S232

US S232
Medical Device Access and Innovation Protection Act


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

113th Congress

Bill Summary

Medical Device Access and Innovation Protection Act

AI Summary

This bill, titled the Medical Device Access and Innovation Protection Act, proposes to repeal the excise tax on medical devices, which is a tax levied on the sale of certain medical products. The bill amends the Internal Revenue Code of 1986 by removing the section that established this tax and makes conforming changes to other parts of the code to reflect this repeal. The repeal is intended to apply to sales made after December 31, 2012, aiming to reduce costs and encourage innovation within the medical device industry.

Committee Categories

Budget and Finance

Sponsors (42)

Orrin Hatch (R)* Lamar Alexander (R),  Kelly Ayotte (R),  John Barrasso (R),  Roy Blunt (R),  John Boozman (R),  Richard Burr (R),  Bob Casey (D),  Saxby Chambliss (R),  Daniel Coats (R),  Tom Coburn (R),  Susan Collins (R),  Bob Corker (R),  John Cornyn (R),  Mike Crapo (R),  Joe Donnelly (D),  Michael Enzi (R),  Jeff Flake (R),  Al Franken (D),  Lindsey Graham (R),  Kay Hagan (D),  Dean Heller (R),  John Hoeven (R),  James Inhofe (R),  Johnny Isakson (R),  Mike Johanns (R),  Ron Johnson (R),  Mark Kirk (R),  Amy Klobuchar (D),  Mike Lee (R),  Jerry Moran (R),  Lisa Murkowski (R),  Rand Paul (R),  Rob Portman (R),  Jim Risch (R),  Pat Roberts (R),  Marco Rubio (R),  Tim Scott (R),  Jeanne Shaheen (D),  John Thune (R),  Pat Toomey (R),  Roger Wicker (R), 

Last Action

Read twice and referred to the Committee on Finance. (on 02/07/2013)

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