Public policy observationFederal hemp definition changes in 41 daysOct 2, 2026

Terracotta

Hemp + Cannabis Policy, With Sources and Gaps

Bill or rule · record 5983fba7-855d-475c-bc63-5a5ca478d23a

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.

What this record says

HB9702 is a federal measure: 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. Latest recorded action: Referred to the House Committee on Ways and Means. Terracotta's analytical effect: Tax relief for marijuana businesses compliant with state law..

Related: All bill records

Bill Number
HB9702
Chamber
Federal
Public display title
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.
Impact
Pro Cannabis
Effect rationale
Tax Relief For Marijuana Businesses Compliant With State Law.
Last action
Dec 30, 2022
Relevance
Relevant
Relevance Reason
The Title Or Analyst Note Contains A Direct Hemp/Cannabis Policy Reference.
Source Type
Aggregator
State
US
Status
Referred To The House Committee On Ways And Means.
Title
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.
Imported URL
Open source