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United States · Bill · HR

H.R. 5358 (101st)

Medication Price Control Act of 1990

referredUnited States· United States Congress· EN

Introduced

24 July 1990

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Medication Price Control Act of 1990 - Amends the Internal Revenue Code to disallow the credit for increasing research activities for any drug which is determined by the Food and Drug Administration to essentially duplicate in medical importance and therapeutic usage one or more already marketed drugs. Requires any taxpayer that claimed such a credit to notify the Secretary of the Treasury of such a determination through an information return. Disallows such research credit for taxpayers who charge an excessive price for any new therapeutic medication manufactured by the taxpayer.

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Documents

2 official files

Introduced in House (text)

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