OTC Medicine Tax Fairness Act of 2005
Latest action · Jul 27, 2005 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9185)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 27, 2005
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
The OTC Medicine Tax Fairness Act of 2005 - Amends the Internal Revenue Code to repeal the provision limiting the tax deduction for medicine and drugs to prescribed drugs and insulin (thus allowing a tax deduction for over-the-counter medications).
Cosponsors 5
Members who signed on, in the order they did. All signed on Jul 27, 2005.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Bill Nelson | Original | Jul 27, 2005 |
| R-GA | Johnny Isakson | Original | Jul 27, 2005 |
| R-AK | Lisa Murkowski | Original | Jul 27, 2005 |
| D-MN | Mark Dayton | Original | Jul 27, 2005 |
| R-WY | Michael B. Enzi | Original | Jul 27, 2005 |
Actions 3
Everything that happened, newest first.
- Jul 27, 2005Introduced in Senate
- Jul 27, 2005Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9185)
- Jul 27, 2005Sponsor introductory remarks on measure. (CR S9185)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3428 | OTC Medicine Tax Fairness Act of 2005 | Identical bill | Jul 26, 2005 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jul 27, 2005Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.