Senate Votes to Repeal the Medical Device Tax

Posted by on Mar 23, 2013 in Regulatory News | No Comments

The U.S. Senate showing uncommon bi-partisan support, last night overwhelming passed a budget amendment expressing strong support for repeal of The Affordable Health Care Act’s, better known as ObamaCare, 2.3% medical devise tax. The non-binding amendment to the annual Budget Resolution passed 79-20, with 33 Democrats and one Independent joining all Senate Republicans in passing the measure. The House passed a similar bill, H.R. 436 (attached), to amend the Internal Revenue Code 1986, to repeal the excise tax on medical devises, last year.

Click here to read the amendment.