US SB2873 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 11 2009 - 25% progression, died in chamber
Action: 2009-12-11 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 11 2009 - 25% progression, died in chamber
Action: 2009-12-11 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to: (1) deny a tax deduction for expenses relating to direct-to-consumer advertising in any media for the sale and use of prescription pharmaceuticals; and (2) allow a tax deduction for fees, up to $500, for the participation of a child who is a dependent of a taxpayer in any organization that promotes or provides for the physical activity of children.
Title
A bill to amend the Internal Revenue Code of 1986 to deny the deduction for direct to consumer advertising expenses for prescription pharmaceuticals and to provide a deduction for fees paid for the participation of children in certain organizations which promote physical activity.
Sponsors
| Sen. Mark Begich [D-AK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-12-11 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB2842 (Same As) 2009-12-07 - Read twice and referred to the Committee on Finance.
Subjects
Child health
Income tax deductions
Marketing and advertising
Physical fitness and lifestyle
Prescription drugs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/2873/all-info |
| Text | https://www.congress.gov/111/bills/s2873/BILLS-111s2873is.pdf |
