No Tax Breaks for Drug Ads Act
Latest action · Jul 11, 2024 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 11, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
No Tax Breaks for Drug Ads Act
This bill disallows any tax deduction for expenses relating to direct-to-consumer advertising of prescription drugs.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Jul 11, 2024 to Nov 14, 2024, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Angie Craig | Original | Jul 11, 2024 |
| D-MD | David J. Trone | Original | Jul 11, 2024 |
| D-RI | Seth Magaziner | Aug 30, 2024 | |
| D-CA | Judy Chu | Nov 14, 2024 |
Actions 2
Everything that happened, newest first.
- Jul 11, 2024Introduced in House
- Jul 11, 2024Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jul 11, 2024Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.