H.R. 4518 · 111th Congress
To amend the Internal Revenue Code of 1986 to deny a deduction for image advertising expenses for any trade…
Full title
To amend the Internal Revenue Code of 1986 to deny a deduction for image advertising expenses for any trade or business the gross receipts of which exceed $100 million.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Amends the Internal Revenue Code to deny business taxpayers whose gross receipts exceeded $100 million in the preceding taxable year a tax deduction for expenses incurred for advertising anything other than a service or product.
What it does: CRS summary · Introduced in House · Jan 26, 2010
Amends the Internal Revenue Code to deny business taxpayers whose gross receipts exceeded $100 million in the preceding taxable year a tax deduction for expenses incurred for advertising anything other than a service or product.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Internal Revenue Code of 1986 to deny a deduction for image advertising expenses for any trade or business the gross receipts of which exceed $100 million.
Latest action (Jan 26, 2010): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 26, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.