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S 2287 115th Congress Senate Taxation Accounting and auditing Energy prices Energy revenues and royalties Gulf of Mexico Health technology, devices, supplies Marine and coastal resources, fisheries Oil and gas Sales and excise taxes Tax administration and collection, taxpayers

No Taxation on Device Innovation Act

Introduced: January 10, 2018 Introduced by: Markey, Edward J. Democratic · Massachusetts See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 10, 2018
Read twice and referred to the Committee on Finance.
Jan 10, 2018
Introduced in Senate
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 Plain-English summary Congressional Research Service

No Taxation on Device Innovation Act

This bill amends the Internal Revenue Code to repeal the excise tax on medical devices. The bill also prohibits: (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 certain existing leases to require royalty payments if the price of oil and natural gas is greater than or equal to specified price thresholds.

What's happening now January 10, 2018

Read twice and referred to the Committee on Finance.

 Related & companion bills 2
  • HR 184 Related bill Protect Medical Innovation Act of 2018
  • S 108 Related bill Medical Device Access and Innovation Protection Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Warren, Elizabeth
Massachusetts · Jan 10, 2018
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2287: No Taxation on Device Innovation Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-2287/
MLA
"S. 2287: No Taxation on Device Innovation Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-2287/.
Bluebook (legal)
S. 2287, 115th Cong. (2026), https://openamerica.io/bill/115-S-2287/.
Markdown link
[S. 2287: No Taxation on Device Innovation Act](https://openamerica.io/bill/115-S-2287/)
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