US HB5366 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 26 2016 - 25% progression, died in committee
Action: 2016-05-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Alzheimer's Breakthrough Sunshine Act This bill amends the Internal Revenue Code to exclude from gross income for seven years amounts received from the sale of certain drugs for treating Alzheimer's disease and related dementias. The exclusion applies to the sale of a drug approved or licensed as a disease-modifying treatment for Alzheimer's disease and that has been designated as a breakthrough therapy under the Federal Food, Drug, and Cosmetic Act. The drug must be sold through an arm's length transaction by a holder of the approved application for the drug.

Tracking Information

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Title

Alzheimer's Breakthrough Sunshine Act

Sponsors


History

DateChamberAction
2016-05-26HouseReferred to the House Committee on Ways and Means.
2016-05-26HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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