Section 1 Short title
This Act may be cited as the “Say No to Drug Ads Act”.
Say No to Drug Ads Act
A BILL
To amend the Internal Revenue Code of 1986 to deny any deduction for direct-to-consumer advertisements of prescription drugs.
Sec. 2 Disallowance of deduction for direct-to-consumer advertisement of prescription drugs
General rule— Part IX of subchapter B of chapter 1 of the Internal Revenue Code of 1986 (relating to items not deductible) is amended by adding at the end the following new section:
“280I. Direct-to-consumer advertisement of prescription drugs
“No deduction shall be allowed under this chapter for any amount paid or incurred for a direct-to-consumer advertisement of a prescription drug.”
Clerical amendment— The table of sections for part IX of subchapter B of chapter 1 of such Code is amended by adding at the end thereof the following new item:
Effective date— The amendments made by this section shall apply to amounts paid or incurred after December 31, 2013.