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HR 488 IH
112th CONGRESS
1st Session
H. R. 488
To amend the Internal Revenue Code of 1986 to repeal the excise tax on medical devices.
IN THE HOUSE OF REPRESENTATIVES
January 26, 2011
Mr. GERLACH (for himself, Mr. THOMPSON of Pennsylvania, Mr. HOLDEN, Mr. DENT, Mr. ALTMIRE, Mr. KELLY, Mr. MARINO, Mr. PLATTS, and Mr. PITTS) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to repeal the excise tax on medical devices.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
SEC. 2. REPEAL OF MEDICAL DEVICE EXCISE TAX.
(a) In General- Section 4191 of the Internal Revenue Code of 1986 is hereby repealed.
(b) Conforming Amendments-
(1) Subsection (a) of section 4221 of such Code is amended by striking the last sentence.
(2) Paragraph (2) of section 6416(b) of such Code is amended by striking the last sentence.
(c) Clerical Amendment- The table of subchapters for chapter 32 of such Code is amended by striking the item relating to subchapter E.
U.S. Congress - Text of H.R.488 as Introduced in House Save Our Medical Devices Act of 2011
