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HR 8399 116th Congress House Taxation Business expenses Income tax deductions Marketing and advertising Prescription drugs

End Taxpayer Subsidies for Drug Ads Act

Introduced: September 25, 2020 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 25, 2020
Referred to the House Committee on Ways and Means.
Sep 25, 2020
Introduced in House
 Plain-English summary Congressional Research Service

End Taxpayer Subsidies for Drug Ads Act

This bill prohibits 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 September 25, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1