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S. 987

Small Business Tax Equity Act of 2015

Small Business Tax Equity Act of 2015

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.

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure:CR S2249; text of measure as introduced: CR S2249)

Sen. Wyden, Ron [D-OR](D-OR)Sponsor
4 cosponsors3 D1 R
4cosponsors1committees2actions1related bills6subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure:CR S2249; text of measure as introduced: CR S2249)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Small Business Tax Equity Act of 2015 — Informed