S 2478
115th Congress
Senate
Taxation
Business expenses
Income tax deductions
Marketing and advertising
Prescription drugs
End Taxpayer Subsidies for Drug Ads Act
Introduced: March 1, 2018
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 1, 2018
Read twice and referred to the Committee on Finance.
Mar 1, 2018
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1