S.Amdt. 2897Senate111th Congress (2009-2011)2nd degree

S.Amdt. 2897

Sponsored by Tom UdallSen. Tom Udall (D-NM)
Submitted December 4, 2009

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Senate amendment submitted

December 4, 2009

Text

Submitted

SA 2897. Mr. UDALL of New Mexico submitted an amendment intended to
be proposed to amendment SA 2786 proposed by Mr. Reid (for himself, Mr.
Baucus, Mr. Dodd, and Mr. Harkin) to the bill H.R. 3590, to amend the
Internal Revenue Code of 1986 to modify the first-time homebuyers
credit in the case of members of the Armed Forces and certain other
Federal employees, and for other purposes; which was ordered to lie on
the table; as follows:

On page 1529, between lines 2 and 3, insert the following:

SEC. 1572. INCREASED FUNDING FOR WORKFORCE PROGRAMS;
LIMITATION ON DEDUCTION FOR DIRECT TO CONSUMER
ADVERTISING EXPENSES FOR PRESCRIPTION
PHARMACEUTICALS.

(a) Limitation on Deduction for Direct to Consumer
Advertising Expenses for Prescription Pharmaceuticals.--
(1) In general.--Section 274 of the Internal Revenue Code
of 1986 (relating to disallowance of certain entertainment,
etc., expenses) is amended by redesignating subsection (o) as
subsection (p) and by inserting after subsection (n) the
following new subsection:
``(o) Limitation on Deduction for Direct to Consumer
Advertising Expenses for Prescription Pharmaceuticals.--The
amount allowable as a deduction under this chapter for
expenses relating to direct to consumer advertising in any
media of prescription pharmaceuticals shall not exceed 30
percent of the amount of such expenses which would (but for
this paragraph) be allowable as a deduction under this
chapter.''.
(2) Effective date.--The amendments made by this subsection
shall apply to amounts paid or incurred after December 31,
2009, in taxable years ending after such date.
(b) Health Professionals Training for Diversity.--Section
740(a) of the Public Health Service Act, as amended by
section 5402, is further amended by striking ``$51,000,000''
and inserting ``$100,000,000''.

[[Page S12424]]

(c) Teaching Health Centers.--Section 340H(g) of the Public
Health Service Act, as added by section 5508, is amended by
striking ``$230,000,000'' and inserting ``$460,000,000''.
(d) National Health Service Corps.--Section 338H of the
Public Health Service Act, as amended by section 5207, is
further amended by striking ``$320,461,632'' and inserting
``$600,000,000''.
(e) Primary Care Training and Enhancement.--Section 747 of
the Public Health Service Act, as amended by section 5301, is
further amended by striking ``$125,000,000'' and inserting
``$250,000,000''.
(f) Training in General, Pediatric, and Public Health
Dentistry.--Section 748 of the Public Health Service Act, as
added by section 5303, is amended by striking ``$30,000,000''
and inserting ``$60,000,000''.
(g) Primary Care Extension Program.--Section 399W(f) of the
Public Health Service Act, as added by section 5405, is
amended by striking ``$120,000,000'' and inserting
``$240,000,000''.
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