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S 1514 109th Congress Senate

OTC Medicine Tax Fairness Act of 2005

Official title: A bill to amend the Internal Revenue Code of 1986 to repeal the medicine and drugs limitation on the deduction for medical care.

Introduced: July 27, 2005 See on congress.gov
Taxation CostsDrugsHealthIncome tax
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Medical economicsTax deductions
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 2005
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9185)
Jul 27, 2005
Sponsor introductory remarks on measure. (CR S9185)
Jul 27, 2005
Introduced in Senate
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 Latest action July 27, 2005

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9185)

 Plain-English summary Congressional Research Service

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).

 Related & companion bills 1
  • HR 3428 Identical bill OTC Medicine Tax Fairness Act of 2005
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 1
Isakson, Johnny
· Jul 27, 2005
 R
Murkowski, Lisa
Alaska · Jul 27, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1514: OTC Medicine Tax Fairness Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-S-1514/
MLA
"S. 1514: OTC Medicine Tax Fairness Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-1514/.
Bluebook (legal)
S. 1514, 109th Cong. (2026), https://openamerica.io/bill/109-S-1514/.
Markdown link
[S. 1514: OTC Medicine Tax Fairness Act of 2005](https://openamerica.io/bill/109-S-1514/)
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