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2022 SESSION

• | print version

HB 1202 Conformity with the Internal Revenue Code; cannabis licensees.

Introduced by: Jeffrey L. Campbell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Conformity with the Internal Revenue Code; cannabis licensees. Deconforms from federal law, as it applies to Virginia medical and recreational cannabis licensees, the prohibition on a deduction or credit for any amount paid or incurred during the taxable year in carrying on any trade or business if such trade or business consists of trafficking in a controlled substance prohibited by federal law.

FULL TEXT

• 01/18/22  House: Presented and ordered printed 22104011D  pdf | impact statement

AMENDMENTS

• House committee, floor amendments and substitutes offered
• House committee amendments reported

HISTORY

• 01/18/22  House: Presented and ordered printed 22104011D
• 01/18/22  House: Referred to Committee on Finance
• 02/07/22  House: Reported from Finance with amendment(s) (21-Y 1-N)
• 02/07/22  House: Referred to Committee on Appropriations
• 02/15/22  House: Left in Appropriations