[Congressional Record Volume 161, Number 119 (Monday, July 27, 2015)]
[Senate]
[Page S6042]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2537. Mr. MENENDEZ submitted an amendment intended to be proposed
by him to the bill H.R. 22, to amend the Internal Revenue Code of 1986
to exempt employees with health coverage under TRICARE or the Veterans
Administration from being taken into account for purposes of
determining the employers to which the employer mandate applies under
the Patient Protection and Affordable Care Act; which was ordered to
lie on the table; as follows:
On page 1004, between lines 7 and 8, insert the following:
SEC. 62002. EXCLUSION OF ORPHAN DRUG SALES.
(a) In General.--Paragraph (3) of section 9008(e) of the
Patient Protection and Affordable Care Act (26 U.S.C. 4001
note prec.; Public Law 111-148) is amended to read as
follows:
``(3) Exclusion of orphan drug sales.--The term `branded
prescription drug sales' shall not include sales of any drug
or biological product with respect to which a credit was
allowable for any taxable year under section 45C of the
Internal Revenue Code of 1986, regardless of whether such
credit was claimed and received. The preceding sentence shall
not apply with respect to any such drug or biological product
after the date on which such drug or biological product is
approved by the Food and Drug Administration for marketing
for any indication other than the treatment of the rare
disease or condition with respect to which such credit was
allowable.''.
(b) Effective Date.--The amendment made by subsection (a)
shall take effect as if included in section 9008 of the
Patient Protection and Affordable Care Act (26 U.S.C. 4001
note prec.; Public Law 111-148).
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