Fair Balance Prescription Drug Advertisement Act of 2007
To amend the Internal Revenue Code of 1986 to deny any deduction for direct-to-consumer advertisements of prescription drugs that fail to provide certain information or to present information in a balanced manner, to amend the Federal Food, Drug, and Cosmetic Act to require reports regarding such advertisements, and to amend such Code to deny any deduction for direct-to-consumer advertisements of qualified prescription drugs for a two-year period.
Other Bill Titles (2 more) 6/21/2007--Introduced.
Fair Balance Prescription Drug Advertisement Act of 2007 - Amends the Internal Revenue Code to disallow a tax deduction for:
(1) expenses for direct-to-consumer prescription drug advertising that fails to provide adequate information on drug side eff... moreSee Full Bill Text
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Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| June 21, 2007 |
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Blog Coverage
June 20, 2007 Bill Action: Introduced: HR 2823: To amend the Internal Revenue ...
Fortney Stark [D-CA] introduced HR 2823: To amend the Internal Revenue Code of 1986 to deny any deduction for direct-to-consumer advertisements of prescription drugs that fail to provide certain information or to present information in ...
June 20, 2007 HR 2823, To amend the Internal Revenue Code of 1986 to deny any ...
HR 2823 would amend the Internal Revenue Code of 1986 to deny any deduction for direct-to-consumer advertisements of prescription drugs that fail to provide certain information or to present information in a balanced manner, ...








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