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- S.777
S.777: Small Business Tax Equity Act of 2017
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 Cosponsors
6 (4 Democrats, 2 Republicans)
Bill Version
- Introduced in Senate - March 30, 2017
Bill Summary
Small Business Tax Equity Act of 2017 This bill 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 |
---|---|
March 30, 2017 |
Read twice and referred to the Committee on Finance.
|
March 30, 2017 |
Introduced in the Senate by Ron Wyden (D-Ore.) |