S 141
117th Congress
Senate
Taxation
Business expenses
Income tax deductions
Marketing and advertising
Prescription drugs
End Taxpayer Subsidies for Drug Ads Act
Introduced: January 28, 2021
Introduced by:
Shaheen, Jeanne
Democratic
· New Hampshire
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 2021
Read twice and referred to the Committee on Finance.
Jan 28, 2021
Introduced in Senate
Plain-English summary
End Taxpayer Subsidies for Drug Ads Act
This bill prohibits a tax deduction 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 in regard to the drug product and primarily targeted to the general public.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1