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A bill to amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.

USA115th CongressS-2478| Senate 
| Updated: 3/1/2018
Claire McCaskill

Claire McCaskill

Democratic Senator

Missouri

Cosponsors (3)
Jeanne Shaheen (Democratic)Angus S. King (Independent)Sherrod Brown (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
End Taxpayer Subsidies for Drug Ads Act This bill amends the Internal Revenue Code to prohibit tax deductions for expenses relating to direct-to-consumer advertising of prescription drugs. "Direct-to-consumer advertising" is any dissemination, by or on behalf of a sponsor of a prescription drug product, of an advertisement that is: (1) in regard to the drug product, and (2) primarily targeted to the general public.
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Timeline
Mar 1, 2018
Introduced in Senate
Mar 1, 2018
Read twice and referred to the Committee on Finance.
  • March 1, 2018
    Introduced in Senate


  • March 1, 2018
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 115-1776: To improve access to affordable prescription drugs.
  • S 115-3411: A bill to ensure medications are affordable.
  • S 115-771: A bill to improve access to affordable prescription drugs.
Business expensesIncome tax deductionsMarketing and advertisingPrescription drugs

A bill to amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.

USA115th CongressS-2478| Senate 
| Updated: 3/1/2018
End Taxpayer Subsidies for Drug Ads Act This bill amends the Internal Revenue Code to prohibit tax deductions for expenses relating to direct-to-consumer advertising of prescription drugs. "Direct-to-consumer advertising" is any dissemination, by or on behalf of a sponsor of a prescription drug product, of an advertisement that is: (1) in regard to the drug product, and (2) primarily targeted to the general public.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 1, 2018
Introduced in Senate
Mar 1, 2018
Read twice and referred to the Committee on Finance.
  • March 1, 2018
    Introduced in Senate


  • March 1, 2018
    Read twice and referred to the Committee on Finance.
Claire McCaskill

Claire McCaskill

Democratic Senator

Missouri

Cosponsors (3)
Jeanne Shaheen (Democratic)Angus S. King (Independent)Sherrod Brown (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 115-1776: To improve access to affordable prescription drugs.
  • S 115-3411: A bill to ensure medications are affordable.
  • S 115-771: A bill to improve access to affordable prescription drugs.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business expensesIncome tax deductionsMarketing and advertisingPrescription drugs