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S. 4691

BillFederalSenateIn Committee
To amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
About This Bill
Committee
Latest Action · July 11, 2024
Read twice and referred to the Committee on Finance.
Congress
118th (2023–2025)
Introduced
July 11, 2024
Cosponsors (17)
14D 0R
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Summary

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No Tax Breaks for Drug Ads Act This bill disallows any tax deduction for expenses relating to direct-to-consumer advertising of prescription drugs.

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