Small Business Tax Equity Act of 2017

Summary

Small Business Tax Equity Act of 201 7 This bill amends the Internal Revenue Code to exempt a trade or business that conducts marijuana sales in compliance with state law from the prohibition against allowing business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 March 2017

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 30 March 2017

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 30 March 2017 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 30 March 2017

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 30 March 2017

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 30 March 2017

  Open at official source

Sponsors

• Ron Wyden · D · Sponsor
• Rand Paul · R · Sponsor
• Michael Bennet · D · Sponsor
• Patty Murray · D · Sponsor
• Jeff Merkley · D · Cosponsor
• Sen. Franken, Al [D-MN] · D · Cosponsor
• Sen. Gardner, Cory [R-CO] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Small Business Tax Equity Act of 2017
• related to ← Responsibly Addressing the Marijuana Policy Gap Act of 2017
• related to ← Responsibly Addressing the Marijuana Policy Gap Act of 2017
• related to ← Directing the Clerk of the House of Representatives to make corrections in the enrollment of H.R. 1.
• related to ← Small Business Tax Equity Act of 2015