US SB844 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 24 2015 - 25% progression, died in committee
Action: 2015-03-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A bill to repeal the medical device excise tax, and for other purposes. This bill repeals the excise tax on medical devices and offsets the cost of such repeal by prohibiting: (1) major integrated oil companies from using the last-in, first-out (LIFO) accounting method; and (2) the issuance of new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to any person who does not renegotiate their existing leases to generate payment of royalties from such leases.

Tracking Information

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Title

A bill to repeal the medical device excise tax, and for other purposes.

Sponsors


History

DateChamberAction
2015-03-24SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1533 (Related) 2015-04-07 - Referred to the Subcommittee on Health.
SB1310 (Related) 2015-06-09 - Committee on Energy and Natural Resources. Hearings held.

Subjects


US Congress State Sources


Bill Comments

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