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No Handouts for Drug Advertisements Act

Bill Number
H.R. 3010
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-04-24: Referred to the House Committee on Ways and Means.
Last Updated
2025-12-05T21:46:43Z

AI-Generated Summary

Purpose

The "No Handouts for Drug Advertisements Act" (H.R. 3010) aims to reduce tax benefits for pharmaceutical companies by disallowing deductions for direct-to-consumer (DTC) advertising expenses related to certain prescription and compounded drugs. This is intended to discourage heavy marketing of drugs directly to the public, potentially lowering healthcare costs and increasing government tax revenue.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Murphy, Gregory F. [R-NC-3]

Cosponsors (4)

Rep. Craig, Angie [D-MN-2], Rep. Begich, Nicholas [R-AK-At Large], Rep. Scholten, Hillary J. [D-MI-3], Rep. Vindman, Eugene Simon [D-VA-7]

Recent Actions

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