S 1950 · 99th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to disallow deductions for advertising expenses for tobacco products.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, Treasury Department, Agriculture Department.(1986-01-06)
Plain Language Summary
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Amends the Internal Revenue Code to disallow an income tax deduction for any amounts paid or incurred to advertise any tobacco product. Defines "tobacco products" as cigarettes, cigars, smokeless tobacco, pipe tobacco, or any similar tobacco product.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
2 Democrats4 Republicans