No Tax Breaks 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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2022-01-13 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2022-01-13 | IntroReferral | Introduced in House | Library of Congress |