To amend the Internal Revenue Code of 1986 to exclude from gross income certain compensation to clinical trial participants, and for other purposes.

This bill would change the federal tax rules so that some pay you get for taking part in a medical study (a clinical trial) would not count as taxable income. It adds a new rule in the tax code for “clinical trial payments.”

Key points:

• Who is affected: People who receive money for joining clinical trials.
• What changes: Certain payments from clinical trials would be excluded from “gross income,” meaning you wouldn’t owe federal income tax on those amounts.