No Handouts for Drug Advertisements Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3010 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3010 To amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for certain drugs. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 24, 2025 Mr. Murphy (for himself, Ms. Craig, Mr. Begich, and Ms. Scholten) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for certain drugs. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No Handouts for Drug Advertisements Act''. SEC. 2. DISALLOWANCE OF DEDUCTION FOR ADVERTISING AND PROMOTIONAL EXPENSES FOR CERTAIN DRUGS. (a) In General.--Part IX of subchapter B of chapter 1 of subtitle A of the Internal Revenue Code of 1986 is amended by adding at…