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HR 354 108th Congress House

North American Prescription Price Equity Act of 2003

Official title: To amend the Internal Revenue Code of 1986 to allow drug manufacturers a credit against income tax if they certify that the price of a drug in the United State… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to allow drug manufacturers a credit against income tax if they certify that the price of a drug in the United States market is not greater than its price in the Canadian or Mexican market.

Introduced: January 27, 2003 See on congress.gov
Taxation CanadaCommerceDrug industryHealth
More subjectsShow fewer subjects
Income taxLatin AmericaMexicoPrescription pricingTax creditsTax deductionsWholesale trade
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 2003
Referred to the House Committee on Ways and Means.
Jan 27, 2003
Introduced in House
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 Latest action January 27, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
North American Prescription Price Equity Act of 2003 - Amends the Internal Revenue Code to allow drug manufacturers a limited tax credit if they certify that the wholesale price of a drug in the United States market is not greater than its wholesale price in the Canadian or Mexican market.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 354: North American Prescription Price Equity Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-354/
MLA
"H.R. 354: North American Prescription Price Equity Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-354/.
Bluebook (legal)
H.R. 354, 108th Cong. (2026), https://openamerica.io/bill/108-HR-354/.
Markdown link
[H.R. 354: North American Prescription Price Equity Act of 2003](https://openamerica.io/bill/108-HR-354/)
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