How S 5213 changes current law

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

This bill introduces a new section to the Internal Revenue Code disallowing deductions for advertising expenses of tobacco products and electronic nicotine delivery systems.

• Part IX of subchapter B of chapter 1 of subtitle A of the Internal Revenue Code of 1986

  SEC. 280I. DISALLOWANCE OF DEDUCTION FOR DIRECT-TO-CONSUMER ADVERTISING OF TOBACCO PRODUCTS AND ELECTRONIC NICOTINE DELIVERY SYSTEMS. (a) In General.--No deduction shall be allowed under this chapter for expenses relating to direct-to-consumer advertising of tobacco products (including electronic nicotine delivery systems) for any taxable year.

  A new section is added that prohibits deductions for advertising expenses for tobacco products and electronic nicotine delivery systems.

• Part IX of subchapter B of chapter 1 of subtitle A of the Internal Revenue Code of 1986

  TABLE OF SECTIONS. 280I. Disallowance of deduction for direct-to-consumer advertising of tobacco products and electronic nicotine delivery systems.

  An item for the new section 280I is added to the table of sections in the Internal Revenue Code.