HR 9021
No Tax Breaks for Drug Ads Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the No Tax Breaks for Drug Ads Act, aims to prevent pharmaceutical companies from deducting advertising expenses related to direct-to-consumer marketing of prescription drugs. It specifically prohibits tax deductions for costs associated with promoting drugs directly to the public through various media channels. The goal is to reduce the influence of these advertisements and potentially lower healthcare costs. The bill takes effect after it is enacted.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
David J. Trone
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.