After Seven Years Device Tax Repeal Looks Certain
US lawmakers have agreed on a bipartisan budget to prevent a government shutdown that includes repealing the medical device tax. If all goes according to plan, the bill -- which was approved by the House on 17 December and is now headed to the Senate -- is expected to be on the president’s desk for signing by the end of the week.
You may also be interested in...
The FDA’s device center is getting a 2% boost after President Trump on 20 December signed off on all appropriations bills for fiscal year 2020.
LAB Act Included In Must-Pass, US 2020 Appropriations Bill Legislation Due To Be Signed By 20 December
The US Congress and President Donald Trump are expected to clear and sign off on the Laboratory Access for Beneficiaries Act favored by the clinical laboratory industry and manufacturers of in vitro test kits, as part of a must-pass appropriations bill intended to keep the US government open and funded for the balance of the 2020 fiscal year.
As the top medtech lobby groups continue to push for a permanent repeal of the medical device excise tax, one of their top lobbyists and medtech executives says it’s far more likely they will see another multiyear moratorium considering the political reality.