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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Small Business Tax Equity Act of 2017

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to allow deductions and credits relating to expenditures in connection with marijuana sales conducted in compliance with State law.

Actions Overview (1)

Date Actions Overview
03/30/2017Introduced in Senate

All Actions (1)

Date All Actions
03/30/2017Read twice and referred to the Committee on Finance.
Action By: Senate

Cosponsors (6)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Paul, Rand [R-KY]* 03/30/2017
Sen. Bennet, Michael F. [D-CO]* 03/30/2017
Sen. Murray, Patty [D-WA]* 03/30/2017
Sen. Merkley, Jeff [D-OR] 06/21/2017
Sen. Franken, Al [D-MN] 09/19/2017
Sen. Gardner, Cory [R-CO] 11/27/2017

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Finance03/30/2017 Referred to

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Subjects (7)

Latest Summary (1)

There is one summary for S.777. View summaries

Shown Here:
Introduced in Senate (03/30/2017)

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.