A bill to repeal the medical device excise tax, and for other purposes.
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This bill repeals the excise tax on medical devices and offsets the cost of such repeal by prohibiting: (1) major integrated oil companies from using the last-in, first-out (LIFO) accounting method; and (2) the issuance of new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to any person who does not renegotiate their existing leases to generate payment of royalties from such leases.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 844: A bill to repeal the medical device excise tax, and for other purposes.. 114th Congress. Open America. https://openamerica.io/bill/114-S-844/
"S. 844: A bill to repeal the medical device excise tax, and for other purposes.." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-844/.
S. 844, 114th Cong. (2026), https://openamerica.io/bill/114-S-844/.
[S. 844: A bill to repeal the medical device excise tax, and for other purposes.](https://openamerica.io/bill/114-S-844/)