S.3325

Expanding Access to Affordable Drugs and Medical Devices Act amends the Internal Revenue Code to establish rules for tax-exempt status of.

The Expanding Access to Affordable Drugs and Medical Devices Act amends the Internal Revenue Code to provide rules for determining the tax-exempt status of organizations that manufacture and distribute drugs and medical devices to meet public health needs. The bill allows the Secretary to designate an organization as a public interest drug or medical device health care organization if it primarily aims to make eligible drugs or medical devices affordable.