HR 2643
118th Congress
House
Taxation
Small Business Tax Equity Act of 2023
Introduced: April 17, 2023
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 17, 2023
Referred to the House Committee on Ways and Means.
Apr 17, 2023
Sponsor introductory remarks on measure. (CR E320)
Apr 17, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1