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H.R. 1118

BillFederalHouseIn Committee
Small Business Tax Equity Act of 2019
About This Bill
Committee
Latest Action · February 8, 2019
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
February 8, 2019
Cosponsors (12)
10D 2R
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Summary

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Small Business Tax Equity Act of 2019 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.

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