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2023 SESSION

• | print version

HB 1547 Cannabis; deconforms from federal law, licensees.

Introduced by: Jeffrey Campbell-Resigned 7/14 | 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 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

• 01/05/23  House: Prefiled and ordered printed; offered 01/11/23 23102782D  pdf | impact statement

HISTORY

• 01/05/23  House: Prefiled and ordered printed; offered 01/11/23 23102782D
• 01/05/23  House: Referred to Committee on Finance
• 01/25/23  House: Assigned Finance sub: Subcommittee #3
• 01/27/23  House: Subcommittee recommends reporting (7-Y 1-N)
• 01/27/23  House: Subcommittee recommends referring to Committee on Appropriations
• 02/01/23  House: Reported from Finance (20-Y 2-N)
• 02/01/23  House: Referred to Committee on Appropriations
• 02/07/23  House: Left in Appropriations