United States · Bill · HR
H.R. 734 (112th)
To amend the Internal Revenue Code of 1986 to repeal the medical device tax, and for other purposes.
Introduced
16 February 2011
Last action
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Status
Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 16 February 2011
Introduced in House (PDF)
Introduced in House · EN · 16 February 2011
Introduced in House
summary · EN · 16 February 2011
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/112th-congress/house-bill/734
- Open data entity: https://api.congress.gov/v3/bill/112/hr/734