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- S.2478
S.2478: End Taxpayer Subsidies for Drug Ads Act
About This Bill
- Introduced March 1, 2018
- Latest Major Action March 1, 2018
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Independent Democrat)
Bill Version
- Introduced in Senate - March 1, 2018
Bill Summary
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.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 1, 2018 |
Read twice and referred to the Committee on Finance.
|
March 1, 2018 |
Introduced in the Senate by Claire McCaskill (D-Mo.) |