Legis Daily

Small Business Tax Equity Act of 2023

USA118th CongressHR-2643| House 
| Updated: 4/17/2023
Earl Blumenauer

Earl Blumenauer

Democratic Representative

Oregon

Cosponsors (12)
Dwight Evans (Democratic)Becca Balint (Democratic)Barbara Lee (Democratic)Troy A. Carter (Democratic)Danny K. Davis (Democratic)David P. Joyce (Republican)Nancy Mace (Republican)Dean Phillips (Democratic)Brian J. Mast (Republican)Eleanor Holmes Norton (Democratic)Val T. Hoyle (Democratic)James P. McGovern (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 116-1118
Small Business Tax Equity Act of 2019
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Ways and Means.
Apr 17, 2023
Sponsor introductory remarks on measure. (CR E320)
  • Bill from Previous Congress

    HR 116-1118
    Small Business Tax Equity Act of 2019


  • April 17, 2023
    Introduced in House


  • April 17, 2023
    Referred to the House Committee on Ways and Means.


  • April 17, 2023
    Sponsor introductory remarks on measure. (CR E320)

Taxation

Small Business Tax Equity Act of 2023

USA118th CongressHR-2643| House 
| Updated: 4/17/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-1118
Small Business Tax Equity Act of 2019
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Ways and Means.
Apr 17, 2023
Sponsor introductory remarks on measure. (CR E320)
  • Bill from Previous Congress

    HR 116-1118
    Small Business Tax Equity Act of 2019


  • April 17, 2023
    Introduced in House


  • April 17, 2023
    Referred to the House Committee on Ways and Means.


  • April 17, 2023
    Sponsor introductory remarks on measure. (CR E320)
Earl Blumenauer

Earl Blumenauer

Democratic Representative

Oregon

Cosponsors (12)
Dwight Evans (Democratic)Becca Balint (Democratic)Barbara Lee (Democratic)Troy A. Carter (Democratic)Danny K. Davis (Democratic)David P. Joyce (Republican)Nancy Mace (Republican)Dean Phillips (Democratic)Brian J. Mast (Republican)Eleanor Holmes Norton (Democratic)Val T. Hoyle (Democratic)James P. McGovern (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted