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- S.776
S.776: Marijuana Revenue and Regulation Act
About This Bill
- Introduced March 30, 2017
- Latest Major Action March 30, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - March 30, 2017
Bill Summary
Marijuana Revenue and Regulation Act This bill removes marijuana from the list of controlled substances and establishes requirements for the taxation and regulation of marijuana products. The bill amends the Internal Revenue Code to impose: (1) an excise tax on any marijuana product produced in or imported into the United States, and (2) an occupational tax on marijuana production facilities and export warehouses. The term "marijuana...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 30, 2017 |
Read twice and referred to the Committee on Finance.
|
March 30, 2017 |
Introduced in the Senate by Ron Wyden (D-Ore.) |