H.R.1447

No Deductions for Marijuana Businesses Act

Introduced·2/21/25
Introduced

H. R. 1447

Introduced in House · March 17, 2025

February 21, 2025

Mr. Arrington (for himself, Mr. Edwards, Mr. Murphy, Mr. Buchanan, Mr. Moore of Utah, Mr. Palmer, and Mr. Sessions) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “No Deductions for Marijuana Businesses Act”.