OTC Medicine Tax Fairness Act of 2005
Last action on Jul 26, 2005Referred to the House Committee on Ways and Means.
Take Action
Summary
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).
Lifecycle of the Bill
No events recorded for this stage yet.
