US HB1855 | 2015-2016 | 114th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 14-5)
Status: Introduced on April 16 2015 - 25% progression, died in committee
Action: 2015-04-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 16 2015 - 25% progression, died in committee
Action: 2015-04-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Tax Equity Act of 2015 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.
Title
Small Business Tax Equity Act of 2015
Sponsors
Rep. Earl Blumenauer [D-OR] | Rep. Dana Rohrabacher [R-CA] | Rep. Adam Smith [D-WA] | Rep. Richard Hanna [R-NY] |
Rep. Jared Polis [D-CO] | Rep. Don Young [R-AK] | Rep. Mike Coffman [R-CO] | Rep. Joseph Heck [R-NV] |
Rep. Dina Titus [D-NV] | Rep. Peter DeFazio [D-OR] | Rep. Kurt Schrader [D-OR] | Rep. Patrick Murphy [D-FL] |
Rep. Steve Cohen [D-TN] | Rep. Ted Lieu [D-CA] | Rep. Diana DeGette [D-CO] | Rep. Denny Heck [D-WA] |
Rep. Ed Perlmutter [D-CO] | Rep. Michael Capuano [D-MA] | Rep. Joe Courtney [D-CT] |
History
Date | Chamber | Action |
---|---|---|
2015-04-16 | House | Referred to the House Committee on Ways and Means. |
2015-04-16 | House | Sponsor introductory remarks on measure. (CR E512) |
2015-04-16 | House | Introduced in House |
Same As/Similar To
SB987 (Same As) 2015-04-16 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2249; text of measure as introduced: CR S2249)
Subjects
Alternative treatments
Business investment and capital
Drug trafficking and controlled substances
Income tax credits
Income tax deductions
Retail and wholesale trades
Taxation
Business investment and capital
Drug trafficking and controlled substances
Income tax credits
Income tax deductions
Retail and wholesale trades
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/1855/all-info |
Text | https://www.congress.gov/114/bills/hr1855/BILLS-114hr1855ih.pdf |