H.R.5906: To amend the Internal Revenue Code of 1986 to repeal the excise tax on medical devices.

About This Bill

Bill Summary

Amends the Internal Revenue Code to: (1) repeal the excise tax on medical devices; (2) exclude from the gross receipts of major integrated oil companies (defined as companies with an average daily worldwide production of crude oil of at least 500,000 barrels and gross receipts in excess of $1 billion), for purposes of the tax deduction for income attributable to domestic production activities, receipts from the production, transportation, or...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
June 7, 2012

Introduced in the House by Jared Polis (D-Colo.)

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