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Bill > HR4617


US HR4617

US HR4617
To amend the Internal Revenue Code of 1986 to provide for a temporary moratorium on the medical device excise tax.


summary

Introduced
12/12/2017
In Committee
12/12/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to provide for a temporary moratorium on the medical device excise tax. This bill amends the Internal Revenue Code to extend through 2022 the moratorium on the excise tax on the sale of certain medical devices. (Under current law, the moratorium applies to sales during the period beginning on January 1, 2016, and ending on December 31, 2017.)

AI Summary

This bill amends the Internal Revenue Code to extend through 2022 the moratorium on the excise tax (a type of tax) on the sale of certain medical devices. The moratorium was previously set to expire on December 31, 2017, but this bill lengthens it by an additional 5 years until the end of 2022.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to the House Committee on Ways and Means. (on 12/12/2017)

bill text


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