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HR 3503 100th Congress House Taxation Advertising and Marketing Agriculture and Rural Affairs Business and commerce Cigarettes Health Health education Health warnings Income tax Sales promotion Smoking Tax deductions Tobacco

Smoking and Health Advertising Act of 1987

Introduced: October 15, 1987 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 15, 1987
Referred to House Committee on Ways and Means.
Oct 15, 1987
Introduced in House
 Plain-English summary Congressional Research Service

Smoking and Health Advertising Act of 1987 - Amends the Internal Revenue Code to disallow an income tax deduction for tobacco and tobacco product sale promotion expenses.

Defines "tobacco and tobacco products" as any small cigarette, large cigarette, cigar, pipe tobacco, tobacco that can be rolled into a cigarette, or smokeless tobacco product, including snuff and chewing tobacco.

Permits the deduction if the taxpayer's expenditures for advertising informing the public of the health effects of tobacco product use exceed five percent of the sales promotion expenses in question for a given taxable year.

What's happening now October 15, 1987

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1