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]
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.
Title
Alzheimer's Breakthrough Sunshine Act
Sponsors
Rep. Patrick Murphy [D-FL] | Rep. Michael Fitzpatrick [R-PA] |
History
Date | Chamber | Action |
---|---|---|
2016-05-26 | House | Referred to the House Committee on Ways and Means. |
2016-05-26 | House | Introduced in House |
Subjects
Aging
Drug safety, medical device, and laboratory regulation
Drug therapy
Income tax exclusion
Neurological disorders
Prescription drugs
Taxation
Drug safety, medical device, and laboratory regulation
Drug therapy
Income tax exclusion
Neurological disorders
Prescription drugs
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/5366/all-info |
Text | https://www.congress.gov/114/bills/hr5366/BILLS-114hr5366ih.pdf |