H. R. 488
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
To amend the Internal Revenue Code of 1986 to repeal the excise tax on medical devices.
This Act may be cited as the
Save Our Medical Devices Act of
Repeal of medical device excise tax
Section 4191 of the Internal Revenue Code of 1986 is hereby repealed.
Subsection (a) of section 4221 of such Code is amended by striking the last sentence.
Paragraph (2) of section 6416(b) of such Code is amended by striking the last sentence.
The table of subchapters for chapter 32 of such Code is amended by striking the item relating to subchapter E.