H.R. 3428 · 109th Congress

OTC Medicine Tax Fairness Act of 2005

Stage
In committee
Introduced
2005-07-26
Latest action
2005-07-26 · Introduced in House

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).