H.R.194 - Prescription Drug Affordability Act

To amend the Internal Revenue Code of 1986 with respect to the purchase of prescription drugs by individuals who have attained retirement age, and to amend the Federal Food, Drug, and Cosmetic Act with respect to the importation of prescription drugs and the sale of such drugs through Internet sites. view all titles (2)

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  • Short: Prescription Drug Affordability Act as introduced.
  • Official: To amend the Internal Revenue Code of 1986 with respect to the purchase of prescription drugs by individuals who have attained retirement age, and to amend the Federal Food, Drug, and Cosmetic Act with respect to the importation of prescription drugs and the sale of such drugs through Internet sites. as introduced.

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  • Past Seven Days: 10
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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
01/03/07
 
 
 
 
 
 
 

Official Bill Text Comment on about 8 Pages

Sponsor

Representative

Ronald Paul

R-TX

No Co-Sponsors

Official Summary

1/4/2007--Introduced.Prescription Drug Affordability Act - Amends the Internal Revenue Code to allow a nonrefundable tax credit for 80 percent of the amount paid for a prescribed drug during the taxable year (and not compensated for by insurance or otherwise) by a taxpayer who has attained
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Official Summary

1/4/2007--Introduced.
Prescription Drug Affordability Act - Amends the Internal Revenue Code to allow a nonrefundable tax credit for 80 percent of the amount paid for a prescribed drug during the taxable year (and not compensated for by insurance or otherwise) by a taxpayer who has attained social security retirement age.
Amends the Federal Food, Drug, and Cosmetic Act (FFDCA) to repeal provisions restricting the importation of prescription drugs. Allows a person who meets applicable legal requirements to be an importer of prescription drugs upon application to the Secretary of Health and Human Services. Requires the Secretary to approve such an application if the drug meets all FFDCA requirements for admission into the United States, including that the drug has been approved by the Food and Drug Administration (FDA) and is not adulterated or misbranded.
Prohibits the Secretary from taking any action against any of the persons involved with the interstate sale of a prescription drug through an Internet site if:
(1) the sale was made in compliance with applicable Federal and State laws; and
(2) accurate information regarding compliance with such laws is posted on the Internet site.


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03/07/11
New York City GMT Power Centers & Occult Imagery (VIDEO ...

http://coa.counciloftheamericas.org/. United Nations (formerly League of Nations set up under GMT Tool Woodrow Wilson) this is your Global Government Puppet Hq; land donated by Bloodline-Zionist Rockefellers to further their goal of .... Two (110) story st

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10/24/10
Esoteric Kitten Intel in NH DCYF Baby Cheyenne Case: Oath Keepers ...

C.I.A. has been rigging elections here and abroad by infiltrating real grass roots orgs and planting agents in so-called peoples' movements for decades,that's what they do – Tea Party is no exception! ... Cardwell has been featured in LA Times, l

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10/24/10
Esoteric Kitten Intel in NH DCYF Baby Cheyenne Case: Oath Keepers ...

C.I.A. has been rigging elections here and abroad by infiltrating real grass roots orgs and planting agents in so-called peoples' movements for decades,that's what they do – Tea Party is no exception! ... Cardwell has been featured in LA Times, l

Source: intheknow7
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