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HOUSE 2643118th CongressReferred to the House Committee on Ways and Means.

Small Business Tax Equity Act of 2023

Last Action
4/17/2023

Actions

  • 2023-04-17Referred to the House Committee on Ways and Means.
  • 2023-04-17Sponsor introductory remarks on measure. (CR E320)
  • 2023-04-17Introduced in House
  • 2023-04-17Introduced in House

CRS Summary

As of 2023-04-17 (00)

Small Business Tax Equity Act of 2023

This bill exempts a trade or business that conducts marijuana sales in compliance with state law from a provision in the Internal Revenue Code that prohibits business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.

Cosponsors (12)

  • DANNY DAVIS (D-IL)
  • David Joyce (R-OH)
  • BARBARA LEE (D-CA)
  • Nancy Mace (R-SC)
  • Brian Mast (R-FL)
  • ELEANOR NORTON (D-DC)
  • Dwight Evans (D-PA)
  • Dean Phillips (D-MN)
  • JAMES MCGOVERN (D-MA)
  • Val Hoyle (D-OR)
  • Becca Balint (D-VT)
  • Troy Carter (D-LA)
Read on Congress.gov

Sourced from Congress.gov (public domain).

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