2.615 -Medical Device User Fee Credit

Item	Description	FY2010	FY2011	FY2012
2.615	Medical Device User Fee Credit The Medical Device Credit is equal to 100% of the user fees actually paid to the United States Food and Drug Administration (USFDA) by a medical device company during the taxable year for which the tax is due for pre-market submissions (e.g., applications, supplements, or 510(k) submissions) to market new technologies or upgrades, changes, or enhancements to existing technologies, developed or manufactured in Massachusetts. Origin: M.G.L. c. 63, S. 31L, TIR 06-22, St. 2006, c. 144, 145 Estimate: $3.6	3.2	3.4	3.6

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
M.G.L.	Massachusetts General Laws
U.S.C	United States Code
ESTIMATES	All estimates are in $ millions.