RI H7024 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 5 2024 - 25% progression, died in committee
Action: 2024-01-05 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2024 - 25% progression, died in committee
Action: 2024-01-05 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- BUSINESS CORPORATION TAX - Allows cannabis establishments, as defined pursuant to § 21-28.11-3, to claim any deduction to income that would be allowable under the laws of the United States but for 26 U.S.C. § 280E.
Title
Allows cannabis establishments, as defined pursuant to § 21-28.11-3, to claim any deduction to income that would be allowable under the laws of the United States but for 26 U.S.C. § 280E.
Sponsors
| Rep. Scott Slater [D] | Rep. William O'Brien [D] | Rep. Anthony DeSimone [D] | Rep. Raymond Hull [D] |
| Rep. Brandon Potter [D] | Rep. Tina Spears [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-05 | House | Introduced, referred to House Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText24/HouseText24/H7024.pdf |
