3.0.0 5366 2023-01-11T13:32:58Z 2023-01-11T13:32:58Z House HR 2016-05-26 114 [Congressional Record Volume 162, Number 84 (Thursday, May 26, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MURPHY of Florida:H.R. 5366.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.[Page H3296]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-05-26T13:05:00Z 2016-05-26 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-05-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-05-26 Introduced in House IntroReferral 1000 9 Library of Congress M001191 Rep. Murphy, Patrick [D-FL-18] Patrick Murphy D FL 18 N F000451 Rep. Fitzpatrick, Michael G. [R-PA-8] Michael Fitzpatrick R PA G. 8 2016-05-26 True Taxation Aging Drug safety, medical device, and laboratory regulation Drug therapy Income tax exclusion Neurological disorders Prescription drugs Taxation 00 2016-05-26 Introduced in House 2016-06-03T12:15:13Z Alzheimer's Breakthrough Sunshine Act

This bill amends the Internal Revenue Code to exclude from gross income for seven years amounts received from the sale of certain drugs for treating Alzheimer's disease and related dementias.

The exclusion applies to the sale of a drug approved or licensed as a disease-modifying treatment for Alzheimer's disease and that has been designated as a breakthrough therapy under the Federal Food, Drug, and Cosmetic Act. The drug must be sold through an arm's length transaction by a holder of the approved application for the drug.

]]> Alzheimer's Breakthrough Sunshine Act Display Title Alzheimer's Breakthrough Sunshine Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to exclude from gross income for seven years amounts earned from the sale of drugs that demonstrate breakthrough therapies for treating Alzheimer's disease. Introduced in House IH Short Titles as Introduced Alzheimer's Breakthrough Sunshine Act Introduced in House 2016-05-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5366ih/xml/BILLS-114hr5366ih.xml 2016-05-26 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.