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- S.987
S.987: Small Business Tax Equity Act of 2015
About This Bill
- Introduced April 16, 2015
- Latest Major Action April 16, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill 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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 16, 2015 |
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure:CR S2249; text of measure as introduced: CR S2249)
|
| April 16, 2015 |
Introduced in the Senate by Ron Wyden (D-Ore.) |