Bill to repeal device tax gains majority support in House

ADVERTISEMENT
The device industry strongly resisted the tax when it was initially included in the Affordable Care Act, and has pushed hard for its repeal. 

Device makers have been able to gather bipartisan support largely by targeting lawmakers whose states and districts have a large industry presence — such as Minnesota, Massachusetts and Indiana.

"The damaging effects of the tax are real and are hitting companies who have announced layoffs, reductions in R&D or delays in capital improvements. We urge Congress to move swiftly to repeal the tax," the Advanced Medical Technology Association said in a statement.