No Tax Breaks for Drug Ads Act
- Introduced Jul 11
- Committee Jul 11
- Passed House Next
- Passed Senate Not yet
- To President Not yet
- Law Not yet
Where it stands
In committee, Jul 11, 2024Next: House vote
839d ago Jul 11, 2024: Referred to the House Committee on Ways and Means.
Final votes
No roll callsNo recorded vote on this bill yet
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Votes
No recorded roll-call vote on this bill yet
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Summary
No Tax Breaks for Drug Ads Act
Full summary1 paragraphs
This bill disallows any tax deduction for expenses relating to direct-to-consumer advertising of prescription drugs.
Library of Congress summary, Jul 11, 2024
Summary versions
- Introduced in HouseJul 11, 2024
Actions
- HouseIntroduced in HouseJul 11, 2024
- HouseReferred to the House Committee on Ways and Means.Jul 11, 2024
Bill record
Text versions1
- Introduced in HouseJul 11, 2024PDF: Introduced in House
Committees1
- House Ways and Means CommitteeReferred To Jul 11, 2024
Sponsor and cosponsors4 cosponsors
- Rep. Elissa Slotkin (D-MI-7)Sponsor, Jul 11, 2024
- Angie Craig (D-MN-2)OriginalJoined Jul 11, 2024
- David Trone (D-MD-6)OriginalJoined Jul 11, 2024
- Seth Magaziner (D-RI-2)Joined Aug 30, 2024
- Judy Chu (D-CA-28)Joined Nov 14, 2024
Amendments0
No amendments offered
Cost estimates and reports0
No cost estimate or committee report yet
Titles2
Short titles
- No Tax Breaks for Drug Ads ActShort Title(s) as Introduced
Official titles
- To amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.Official Title as Introduced
Subjects1
Policy area
Related bills1
- H.R. 6392 117th, Reintroduction of No Tax Breaks for Drug Ads Act
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.