US SB471 | 2025-2026 | 119th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-06 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-06 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Summary
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Title
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Sponsors
| Sen. James Lankford [R-OK] | Sen. Pete Ricketts [R-NE] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-06 | Senate | Read twice and referred to the Committee on Finance. |
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/senate-bill/471/all-info |
