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Sen. Brown Introduces Bill to Establish Excise Tax on Prescription Drugs

by MYRA TUGADE

WASHINGTON, Feb. 9 -- Sen. Sherrod Brown, D-Ohio, has introduced legislation (S. 378) to amend the Internal Revenue Code of 1986 "to establish an excise tax on certain prescription drugs which have been subject to a price spike."

The bill was introduced on Feb. 7 and was co-sponsored by Sens. Kirsten Gillibrand, D-N.Y., and Margaret Wood Hassan, D-N.H. It was referred to the Senate Finance Committee.

For more information, Sen. Sherrod Brown, 713 Hart Senate Office Build . . .

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