Provide Equitable Tax Treatment to State-licensed Marijuana Businesses

Last updated: Jun 10, 2019

Details about this bill
Category: Marijuana
Status: Appropriations Table
Sponsor: Representative Erik Jorgensen, House 41
Session: 129
Bill #: LD 1322

Position:

Monitoring.

Summary:

This bill expands the list of marijuana businesses that are licensed by the State and are eligible to take deductions otherwise allowed under the state income tax laws to include adult use marijuana establishments and testing facilities and medical marijuana manufacturing facilities. This bill also corrects 2 lettering conflicts created when 2 separate public laws enacted new paragraphs with the same letter designations by reallocating the later enacted versions.