House Bill 7090 - To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

Purpose and Summary

Chamber: House

Introduced date: 2024-01-25

Recent Activity

Referred to the House Committee on Ways and Means.

Alternative Names

To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

Associated Legislation

To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Rep. Kelly, Mike [R-PA-16]

Cosponsors and Supporters

Rep. Houlahan, Chrissy [D-PA-6]

Rep. Wenstrup, Brad R. [R-OH-2]

Committees and Subcommittees

Ways and Means Committee

Variations and Revisions

To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

3/8/2024, 2:30 PM

This bill excludes from gross income, for income tax purposes, amounts received as payment or reimbursement for participation in an approved clinical trial (i.e., a trial conducted for the prevention, detection, or treatment of cancer or other li...

Congress
118

Number
HR - 7090

Introduced on
2024-01-25

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/25/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill excludes from gross income, for income tax purposes, amounts received as payment or reimbursement for participation in an approved clinical trial (i.e., a trial conducted for the prevention, detection, or treatment of cancer or other li...

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary3/20/2024

This bill excludes from gross income, for income tax purposes, amounts received as payment or reimbursement for participation in an approved clinical trial (i.e., a trial conducted for the prevention, detection, or treatment of cancer or other li...


Latest Action1/25/2024
Referred to the House Committee on Ways and Means.