An amendment that would have pushed back the start date on a proposed medical device industry tax didn’t make it into the healthcare reform bill the U.S. Senate is debating and expected to pass on Christmas Eve.
Last week, senators from medical device-rich states
proposed significant changes to the medical device tax. Their amendment would have pushed the start date for the tax back to 2013 instead of 2010, accelerated the payments to take place over seven years instead of 10 and excluded companies with less than $100 million in sales.
But the measure was not adopted by the Senate bill now being debated, although the start date on the tax was pushed back to 2011.