Bill > HR6392

This bill, titled the "No Tax Breaks for Drug Ads Act," proposes to amend the Internal Revenue Code of 1986 to disallow the deduction for expenses related to direct-to-consumer advertising of prescription drugs. The bill defines "direct-to-consumer advertising" as any dissemination of an advertisement about a prescription drug product that is primarily targeted to the general public through various media channels, including print, broadcast, and digital platforms. The amendments made by this bill would apply to amounts paid or incurred after the date of the bill's enactment, in taxable years ending after that date.

Budget and Finance

https://www.congress.gov/bill/117th-congress/house-bill/6392/all-info