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H.R. 2643

Small Business Tax Equity Act of 2023

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.

Referred to the House Committee on Ways and Means.

Rep. Blumenauer, Earl [D-OR-3](D-OR)Sponsor
12 cosponsors9 D3 R
12cosponsors1committees4actions
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR E320)

  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Small Business Tax Equity Act of 2023 — Informed