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- S.2873
S.2873: A bill to amend the Internal Revenue Code of 1986 to deny the deduction for direct to consumer advertising expenses for prescription pharmaceuticals and to provide a deduction for fees paid for the participation of children in certain organizations which
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Dec. 11, 2009
- Latest Major Action Dec. 11, 2009
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to: (1) deny a tax deduction for expenses relating to direct-to-consumer advertising in any media for the sale and use of prescription pharmaceuticals; and (2) allow a tax deduction for fees, up to $500, for the participation of a child who is a dependent of a taxpayer in any organization that promotes or provides for the physical activity of children.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Finance.
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Dec. 11, 2009 |
Introduced in the Senate by Mark Begich (D-Alaska) |