H. C. R. No. 6 As Reported by the House Health and Aging Committee

As Reported by the House Health and Aging Committee

130th General Assembly

Regular Session

2013-2014

H. C. R. No. 6

Representatives Brenner, Huffman

Cosponsors: Representatives Maag, Derickson, Roegner, Buchy, Romanchuk, Thompson, Sears, Adams, J., Hood, Young, Retherford, Bishoff, Lynch, Schuring

A CONCURRENT RESOLUTION

To urge the Congress of the United States and the 1
President of the United States to repeal the new 2
federal excise tax on medical devices. 3

BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF OHIO
(THE SENATE CONCURRING):

       WHEREAS, A new 2.3% federal excise tax on the sale of taxable 4
medical devices by manufacturers, producers, and importers of such 5
devices took effect on January 1, 2013; and 6

        WHEREAS, The Joint Committee on Taxation estimates that the 7
tax will generate $29 billion in revenue in its first ten years; 8
and 9

        WHEREAS, The United States is a net exporter in medical 10
devices, exporting $5.4 billion more than it imports, and accounts 11
for 40% of the global medical technology market; and 12

        WHEREAS, A study completed by the Manhattan Institute found 13
that the medical device tax will almost double the medical device 14
industry's total tax bill and could result in the loss of up to 15
43,000 jobs in the medical technology industry; and 16

        WHEREAS, The medical device tax will harm the United States' 17
global competitiveness, stunt medical innovation, and restrict the 18
ability of patients to receive the life-saving medical devices and 19
care they need; and 20

       WHEREAS, The medical device tax is imposed on United States 21
sales, rather than profits, of medical device manufacturers, so 22
will be particularly damaging to innovative start-up companies; 23
now therefore be it 24

        RESOLVED, That we, the members of the 129th General Assembly 25
of the State of Ohio, on behalf of all citizens of this state, 26
urge the President of the United States and the Congress of the 27
United States to repeal the excise tax on medical devices; and be 28
it further 29

        RESOLVED, That the Clerk of the House of Representatives 30
transmit duly authenticated copies of this resolution to the 31
President of the United States, the President Pro Tempore and 32
Secretary of the United States Senate, the Speaker and Clerk of 33
the United States House of Representatives, each member of the 34
Ohio Congressional delegation, and the news media of Ohio. 35

WHEREAS, A new 2.3% federal excise tax on the sale of taxable	4
medical devices by manufacturers, producers, and importers of such	5
devices took effect on January 1, 2013; and	6

WHEREAS, The Joint Committee on Taxation estimates that the	7
tax will generate $29 billion in revenue in its first ten years;	8
and	9

WHEREAS, The United States is a net exporter in medical	10
devices, exporting $5.4 billion more than it imports, and accounts	11
for 40% of the global medical technology market; and	12

WHEREAS, A study completed by the Manhattan Institute found	13
that the medical device tax will almost double the medical device	14
industry's total tax bill and could result in the loss of up to	15
43,000 jobs in the medical technology industry; and	16

WHEREAS, The medical device tax will harm the United States'	17
global competitiveness, stunt medical innovation, and restrict the	18
ability of patients to receive the life-saving medical devices and	19
care they need; and	20

WHEREAS, The medical device tax is imposed on United States	21
sales, rather than profits, of medical device manufacturers, so	22
will be particularly damaging to innovative start-up companies;	23
now therefore be it	24

RESOLVED, That we, the members of the 129th General Assembly	25
of the State of Ohio, on behalf of all citizens of this state,	26
urge the President of the United States and the Congress of the	27
United States to repeal the excise tax on medical devices; and be	28
it further	29

RESOLVED, That the Clerk of the House of Representatives	30
transmit duly authenticated copies of this resolution to the	31
President of the United States, the President Pro Tempore and	32
Secretary of the United States Senate, the Speaker and Clerk of	33
the United States House of Representatives, each member of the	34
Ohio Congressional delegation, and the news media of Ohio.	35