Prescription Drug Affordability Act
Latest action · Feb 2, 2007 Referred to the Subcommittee on Health.
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.
- IntroducedJan 4, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Prescription Drug Affordability Act - Amends the Internal Revenue Code to allow a nonrefundable tax credit for 80 percent of the amount paid for a prescribed drug during the taxable year (and not compensated for by insurance or otherwise) by a taxpayer who has attained social security retirement age.
Amends the Federal Food, Drug, and Cosmetic Act (FFDCA) to repeal provisions restricting the importation of prescription drugs. Allows a person who meets applicable legal requirements to be an importer of prescription drugs upon application to the Secretary of Health and Human Services. Requires the Secretary to approve such an application if the drug meets all FFDCA requirements for admission into the United States, including that the drug has been approved by the Food and Drug Administration (FDA) and is not adulterated or misbranded.
Prohibits the Secretary from taking any action against any of the persons involved with the interstate sale of a prescription drug through an Internet site if: (1) the sale was made in compliance with applicable Federal and State laws; and (2) accurate information regarding compliance with such laws is posted on the Internet site.
Cosponsors
Members who signed on, in the order they did.
Actions 5
Everything that happened, newest first.
- Feb 2, 2007Referred to the Subcommittee on Health.
- Jan 18, 2007Referred to the Subcommittee on Health.
- Jan 5, 2007Sponsor introductory remarks on measure. (CR E9)
- Jan 4, 2007Introduced in House
- Jan 4, 2007Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Assigned by the Library of Congress. Policy area: Health.
- Administrative procedure
- Commerce
- Consumer education
- Department of Health and Human Services
- Drug approvals
- Drug industry
- Drugs
- Electronic commerce
- Foreign Trade and International Finance
- Government Operations and Politics
- Government paperwork
- Health
- Imports
- Income tax
- Internet
- Interstate commerce
- Law
- Pharmacies
- Pharmacists
- Prescription pricing
- Retirement age
- Science, Technology, Communications
- Social Welfare
- State laws
- Tax credits
- Taxation
- Web sites
- Wholesale trade
Text 1
Each version as it was printed, newest first.
- Jan 4, 2007Introduced in House
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.