December 18, 2019

House passes year-end bill that repeals ACA taxes including medical device tax

By: Judy Mathias
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Editor's Note

The US House of Representatives on December 17 passed a year-end spending bill that repeals several Affordable Care Act (ACA) taxes, including the 40% tax on generous health insurance plans and the 2.3% tax on the sale of medical devices, the December 17 Reuters reports.

The bill also raises the age to buy tobacco products to 21.

The bill now goes to the Senate, where lawmakers hope to approve it before government funding runs out on December 21.

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