S. 141
Referred to CommitteeEnd Taxpayer Subsidies for Drug Ads Act
Introduced 1/28/2021•117th Congress•Senate
Latest Action
Read twice and referred to the Committee on Finance.
1/28/2021 • Senate
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.
Introduced in Senate • 1/28/2021
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Topics & Subjects
Policy Area: Taxation
Business expensesIncome tax deductionsMarketing and advertisingPrescription drugs
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (23)
Party Breakdown
21
Democrats
0
Republicans
2
Independents
Sponsor
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Cosponsors (22)
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Bill Journey
Originated in the Senate
Introduced
January 28, 2021
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate1/28/2021