HR. 1447In Committee
No Deductions for Marijuana Businesses Act
Prohibit tax deductions for marijuana businesses under federal law, targeting business tax treatment for cannabis activities
Plain-English overview
What this bill does
Prohibit tax deductions for marijuana businesses under federal law, targeting business tax treatment for cannabis activities
Key points
- Prohibit marijuana business deductions
Current status
Where it stands
Status
In Committee
Latest action
2025-02-21 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation