Bill116th CongressFiled Feb 8, 2019Taxation
H.R. 1118
Small Business Tax Equity Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Feb 8, 2019)
Small Business Tax Equity Act of 2019
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.
What just happenedFeb 8, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Blumenauer, Earl [D-OR-3](D-OR)Sponsor
12 cosponsors10 D2 R
12cosponsors1committees3actions3related bills6subjects
- Introduced in HouseFeb 8, 2019
- Feb 8, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 8, 2019IntroReferralIntro-H
Introduced in House
- Feb 8, 2019IntroReferral1000
Introduced in House