0
0
0
A bill to repeal the medical device excise tax, and for other purposes.
1/11/2023, 1:27 PM
Congressional Summary of S 844
This bill repeals the excise tax on medical devices and offsets the cost of such repeal by prohibiting: (1) major integrated oil companies from using the last-in, first-out (LIFO) accounting method; and (2) the issuance of new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to any person who does not renegotiate their existing leases to generate payment of royalties from such leases.
Read the Full Bill
Current Status of Bill S 844
Bill S 844 is currently in the status of Bill Introduced since March 24, 2015. Bill S 844 was introduced during Congress 114 and was introduced to the Senate on March 24, 2015. Bill S 844's most recent activity was Read twice and referred to the Committee on Finance. as of March 24, 2015
Bipartisan Support of Bill S 844
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 844
Primary Policy Focus
TaxationPotential Impact Areas
- Accounting and auditing
- Energy prices
- Energy revenues and royalties
- Gulf of Mexico
- Health technology, devices, supplies
- Marine and coastal resources, fisheries
- Oil and gas
- Sales and excise taxes
- Tax administration and collection, taxpayers
Alternate Title(s) of Bill S 844
A bill to repeal the medical device excise tax, and for other purposes.
A bill to repeal the medical device excise tax, and for other purposes.
Comments
Sponsors and Cosponsors of S 844
Latest Bills
A concurrent resolution expressing support for the recognition of March 10, 2026, as "Abortion Provider Appreciation Day".
Bill SCONRES 28March 11, 2026
A resolution requesting information on the Republic of Cameroon's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act 1961.
Bill SRES 637March 11, 2026
A resolution requesting information on the Republic of Guatemala's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 636March 11, 2026
A resolution requesting information on the Republic of Kosovo's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 635March 11, 2026
A resolution requesting information on the Republic of Equatorial Guinea's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 634March 11, 2026
A resolution requesting information on the Republic of Honduras's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 633March 11, 2026
A resolution requesting information on the Republic of Ghana's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 632March 11, 2026
A resolution requesting information on the Republic of Uzbekistan's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 631March 11, 2026
A resolution honoring the lives of fallen Missouri police officers and expressing condolences to their families.
Bill SRES 630March 11, 2026
Respect for Local Communities Act
Bill HR 7652March 11, 2026
Deficit Reduction Through Fair Oil Royalties Act
Bill S 1310January 11, 2023
Medical Device Tax Elimination Act
Bill HR 1533January 11, 2023
