HR 4535
97th Congress
House
Taxation
Business and commerce
Child health
Children and youth
Food and Food Industry
Foreign Trade and Investments
Health
Income tax
Infant formulas
International corporations
Nutrition policy
Tax credits
Tax deductions
Trade agreements
Treaties
A bill to amend the Internal Revenue Code of 1954 to deny any deduction or credit to any manufacturer of any breast milk substitute for any activity which is not consistent with the International Code of Marketing of Breast milk Substitutes.
Introduced: September 21, 1981
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 21, 1981
Referred to House Committee on Ways and Means.
Sep 21, 1981
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to disallow any income tax deductions for activities of manufacturers of breastmilk substitutes which are inconsistent with the International Code of Marketing Breastmilk Substitutes as adopted by the World Health Organization. Reduces the amount of the foreign tax credit of manufacturers who violate such Code.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1