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HR 7418 118th Congress House Taxation

To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.

Introduced: April 9, 2024 Introduced by: Kelly, Mike Republican · Pennsylvania See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Feb 20, 2024
Referred to the House Committee on Ways and Means.
Feb 20, 2024
Introduced in House
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 Plain-English summary Congressional Research Service

This bill excludes from gross income, for income tax purposes, any amount received by an individual as a qualified clinical trial payment. Such payments include amounts paid to an individual or a dependent of the individual as compensation for participation in an approved clinical trial (i.e., a trial conducted in relation to the prevention, detection, or treatment of cancer or other disease or condition) or as reimbursement or payment of reasonable and necessary expenses incurred in connection with the individual's participation in an approved clinical trial.

What's happening now February 20, 2024

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 2

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7418: To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7418/
MLA
"H.R. 7418: To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7418/.
Bluebook (legal)
H.R. 7418, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7418/.
Markdown link
[H.R. 7418: To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants.](https://openamerica.io/bill/118-HR-7418/)
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