HR 4518 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to deny a deduction for image advertising expenses for any trade or business the gross receipts of which exceed $100 million.

Introduced 2010-01-26· Sponsored by Rep. Hall, John J. [D-NY-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2010-01-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to deny business taxpayers whose gross receipts exceeded $100 million in the preceding taxable year a tax deduction for expenses incurred for advertising anything other than a service or product.…

Summarized by Claude AI · Non-partisan · For informational purposes only