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S. 2478

End Taxpayer Subsidies for Drug Ads Act

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.

Read twice and referred to the Committee on Finance.

Sen. McCaskill, Claire [D-MO](D-MO)Sponsor
3 cosponsors2 D1 I
3cosponsors1committees2actions3related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

End Taxpayer Subsidies for Drug Ads Act — Informed