S 1231 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that advertising of cigarettes and alcoholic beverages is not a deductible expense.

Introduced 1973-03-14· Sponsored by Sen. Moss, Frank E. [D-UT]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1973-03-14)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that advertising of cigarettes and alcoholic beverages is not a deductible expense under the Internal Revenue Code. (Adds 26 U.S.C. 162(h))…

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