S 2623
114th Congress
Senate
Taxation
Business expenses
Income tax deductions
Marketing and advertising
Prescription drugs
Protecting Americans from Drug Marketing Act
Introduced: March 3, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2016
Read twice and referred to the Committee on Finance.
Mar 3, 2016
Introduced in Senate
Plain-English summary
Protecting Americans from Drug Marketing Act
This bill amends the Internal Revenue Code to deny a tax deduction for the cost of direct-to-consumer advertising of prescription drugs. The bill defines "direct-to-consumer advertising" as any dissemination by or on behalf of a sponsor of a prescription drug product of a prescription drug advertisement that is primarily targeted to the general public through: (1) publication in journals, magazines, other periodicals, and newspapers; (2) broadcasting through media such as radio, television, and telephone communication systems; and (3) dissemination on the Internet (including social media).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1