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No Tax Subsidies for E-Cigarette and Tobacco Ads Act
12/16/2023, 5:18 PM
Summary of Bill S 464
Bill 118 s 464, also known as the No Tax Subsidies for E-Cigarette and Tobacco Ads Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to prohibit the use of federal funds for the purpose of subsidizing advertisements for e-cigarettes and tobacco products.
If passed, this bill would prevent any government agency or entity from using taxpayer money to support or promote the advertising of e-cigarettes and tobacco products. This includes both traditional forms of advertising, such as television and radio commercials, as well as newer forms of advertising, such as social media and online ads.
The bill aims to reduce the prevalence of e-cigarette and tobacco use, particularly among young people, by limiting the exposure to advertisements that may glamorize or promote these products. By cutting off federal funding for these ads, supporters of the bill hope to discourage the use of e-cigarettes and tobacco products and ultimately improve public health outcomes. Overall, the No Tax Subsidies for E-Cigarette and Tobacco Ads Act is a proposed piece of legislation that seeks to limit the promotion of e-cigarettes and tobacco products using taxpayer money. It is currently under consideration in Congress and may have significant implications for the advertising and marketing practices of these industries.
If passed, this bill would prevent any government agency or entity from using taxpayer money to support or promote the advertising of e-cigarettes and tobacco products. This includes both traditional forms of advertising, such as television and radio commercials, as well as newer forms of advertising, such as social media and online ads.
The bill aims to reduce the prevalence of e-cigarette and tobacco use, particularly among young people, by limiting the exposure to advertisements that may glamorize or promote these products. By cutting off federal funding for these ads, supporters of the bill hope to discourage the use of e-cigarettes and tobacco products and ultimately improve public health outcomes. Overall, the No Tax Subsidies for E-Cigarette and Tobacco Ads Act is a proposed piece of legislation that seeks to limit the promotion of e-cigarettes and tobacco products using taxpayer money. It is currently under consideration in Congress and may have significant implications for the advertising and marketing practices of these industries.
Congressional Summary of S 464
No Tax Subsidies for E-Cigarette and Tobacco Ads Act
This bill denies a tax deduction for expenses relating to direct-to-consumer advertising of tobacco products, including electronic nicotine delivery systems.
Current Status of Bill S 464
Bill S 464 is currently in the status of Bill Introduced since February 16, 2023. Bill S 464 was introduced during Congress 118 and was introduced to the Senate on February 16, 2023. Bill S 464's most recent activity was Read twice and referred to the Committee on Finance. as of February 16, 2023
Bipartisan Support of Bill S 464
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 464
Primary Policy Focus
TaxationComments
Sponsors and Cosponsors of S 464
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