US SB4691 | 2023-2024 | 118th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 16-2)
Status: Introduced on July 11 2024 - 25% progression
Action: 2024-07-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 11 2024 - 25% progression
Action: 2024-07-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
Title
No Tax Breaks for Drug Ads Act
Sponsors
| Sen. Jeanne Shaheen [D-NH] | Sen. Bernard Sanders [I-VT] | Sen. Tammy Duckworth [D-IL] | Sen. Sherrod Brown [D-OH] |
| Sen. Amy Klobuchar [D-MN] | Sen. Richard Blumenthal [D-CT] | Sen. Angus King [I-ME] | Sen. Sheldon Whitehouse [D-RI] |
| Sen. Chris Van Hollen [D-MD] | Sen. Joe Manchin [D-WV] | Sen. Richard Durbin [D-IL] | Sen. Jack Reed [D-RI] |
| Sen. Christopher Murphy [D-CT] | Sen. Peter Welch [D-VT] | Sen. Tim Kaine [D-VA] | Sen. Elizabeth Warren [D-MA] |
| Sen. Tammy Baldwin [D-WI] | Sen. Mazie Hirono [D-HI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-07-11 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/4691/all-info |
| Text | https://www.congress.gov/118/bills/s4691/BILLS-118s4691is.pdf |
