Over 20 Total Lots Up For Auction at One Location - TX Cleansweep 06/25

US government permanently repeals medical device excise tax

por John R. Fischer, Senior Reporter | December 23, 2019

A number of proposals for repealing the tax have been made over the last four years, with one of the most recent taking place in March when Senator Pat Toomey (R.-Pa.) and senator and 2020 presidential contender Amy Klobuchar (D.-Minn.) submitted a bill calling for its elimination.

"The specter of the reimposition of the punitive medical device tax threatens patients, American jobs, and medical innovation," said Senator Toomey in a statement at the time. "It's time to end this uncertainty once and for all and finally repeal the medical device tax.”

The agreement was made up of two spending bills, one of which contained the measure of repeal for the tax.

Back to HCB News

You Must Be Logged In To Post A Comment