S.Amdt. 2897Senate111th Congress (2009-2011)2nd degree
S.Amdt. 2897
Sponsored by
Sen. 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''. ______