Bill115th CongressFiled Mar 30, 2017Taxation
S. 777
Small Business Tax Equity Act of 2017
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Mar 30, 2017)
Small Business Tax Equity Act of 2017
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.
What just happenedMar 30, 2017
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Wyden, Ron [D-OR](D-OR)Sponsor
6 cosponsors4 D2 R
6cosponsors1committees2actions4related bills6subjects
- Introduced in SenateMar 30, 2017
- Mar 30, 2017IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 30, 2017IntroReferral10000
Introduced in Senate