US HB734 | 2011-2012 | 112th Congress

Status

Sponsorship: Partisan Bill (Republican 7)
Status: Introduced on February 16 2011 - 25% progression, died in committee
Action: 2011-02-16 - Referred to House Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

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.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to repeal the medical device tax, and for other purposes.

Sponsors


History

DateChamberAction
2011-02-16HouseReferred to House Appropriations
2011-02-16HouseReferred to House Ways and Means
2011-02-16HouseReferred 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.

Same As/Similar To

HB436 (Related) 2012-06-12 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 427.
HB488 (Related) 2011-01-26 - Referred to the House Committee on Ways and Means.
SB17 (Related) 2011-01-25 - Read twice and referred to the Committee on Finance.
SB262 (Related) 2011-02-03 - Read twice and referred to the Committee on Finance.
SB1885 (Related) 2011-11-17 - Read twice and referred to the Committee on Finance.
HB5906 (Related) 2012-06-07 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


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