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S 142
108th Congress •
2003-2005 (Ended)
A bill to amend the Internal Revenue Code of 1986 to allow medicare beneficiaries an advanced refundable credit against income tax for the purchase of outpatient prescription drugs.
Amends the Internal Revenue Code to allow a specified credit for the purchase of outpatient prescriptions not covered by Medicare or insurance by persons eligible for Medicare. Requires the Secretary of Health and Human Services to notify those entitled to Medicare of this credit.
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Jan 13, 2003
Read twice and referred to the Committee on Finance.