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No Tax Breaks for Drug Ads Act

S. 4691 Sen. Jeanne Shaheen (D-NH) In committee
Bill text PDF
  1. Introduced Jul 11
  2. Committee Jul 11
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Jul 11, 2024Next: Senate vote
839d ago Jul 11, 2024: Read twice and referred to the Committee on Finance.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 1 filing
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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 SenateJul 11, 2024

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.