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Advocacy - Tax and Fiscal

CLSA Letter To Reps. Scott Peters, Ron Kind, Jackie Walorski & Rich Hudson In Support Of Bill To Permanently Repeal The Medical Device Excise Tax – March 2019

March 1, 2019

The Honorable Scott Peters
2338 Rayburn House Office Building
Washington, DC 20515
The Honorable Richard Hudson
2112 Rayburn House Office Building
Washington, DC 20515
The Honorable Ron Kind
1502 Longworth House Office Building
Washington, DC 20515
The Honorable Jackie Walorski
419 Cannon House Office Building
Washington, DC 20515

Dear Representatives Peters, Kind, Hudson, and Walorski,

On behalf of California Life Sciences Association (CLSA) – the premier statewide public policy and business leadership organization representing California’s leading life science innovators, including medical device, diagnostic, biotechnology and pharmaceutical companies, research universities and private, non‐profit institutes, and venture capital firms – thank you for your leadership of the Protect Medical Innovation Act, legislation to permanently repeal the medical device excise tax.

At a time when we should be doing everything we can to encourage investment, innovation and job creation, the medical device excise tax instead discourages and threatens important research and development. During the three years in which the medical device tax was in effect, medical technology sector jobs in California and across the country were put at risk. For most companies, the device tax contributed to payroll reductions and slashes in R&D investments – anything but foster job creation.

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