S. 2478 · 115th Congress
End Taxpayer Subsidies for Drug Ads Act
- Stage
- In committee
- Sponsor
- Claire McCaskill
- Introduced
- 2018-03-01
- Latest action
- 2018-03-01 · Introduced in Senate
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.