HB 1202

  • Virginia House Bill
  • 2022 Regular Session
  • Introduced in House Jan 18, 2022
  • House
  • Senate
  • Governor

Conformity with the Internal Revenue Code; cannabis licensees.

Abstract

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

Bill Sponsors (1)

Votes


Actions


Feb 15, 2022

House

Left in Appropriations

Feb 07, 2022

House

House committee, floor amendments and substitutes offered

House

Reported from Finance with amendment(s) (21-Y 1-N)

House

Referred to Committee on Appropriations

Feb 06, 2022

House

Impact statement from TAX (HB1202)

Jan 18, 2022

House

Referred to Committee on Finance

House

Presented and ordered printed 22104011D

Bill Text

Bill Text Versions Format
Presented and ordered printed 22104011D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB1202F161.PDF PDF
Amendment: HB1202AH HTML

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.