SB471
IntroducedUSNo Deductions for Marijuana Businesses Act
Federal · Session 2025
Status
Introduced
As of Feb 6, 2025
Last Action
Read twice and referred to the Committee on Finance.
Official Source
Official Full Bill TextSummary
This federal bill would eliminate the ability of marijuana businesses to deduct ordinary business expenses under IRC Section 280E and has been referred to the Senate Committee on Finance. Maintaining or removing 280E deductions directly affects the tax burden and financial viability of cannabis retailers, cultivators, and other plant-touching businesses.
What
This federal bill would eliminate the ability of marijuana businesses to deduct ordinary business expenses under IRC Section 280E and has been referred to the Senate Committee on Finance.
Who
retailers and cultivators and labs
Why
Maintaining or removing 280E deductions directly affects the tax burden and financial viability of cannabis retailers, cultivators, and other plant-touching businesses.
Want to advertise here?
Get your business listed on buyweed.us
Want to advertise here?
Get your business listed on buyweed.us
More Federal Cannabis Bills
- HB10079Beverage Regulatory Parity ActIntroduced
- HB9830Lawful Hemp Protection ActIntroduced
- SB5049CLAIM Act Clarifying Law Around Insurance of Marijuana ActIntroduced
- SB5022Cannabis Administration and Opportunity ActIntroduced
- HB9471SAFE Banking Act of 2026 Secure And Fair Enforcement Banking Act of 2026Introduced
- SB4942SAFE Banking Act of 2026 Secure And Fair Enforcement Banking Act of 2026Introduced
- HB9344EDUCATE Act of 2026 Establishing and Developing University Cannabis Agriculture Techniques and Excellence Act of 2026Introduced
- SB4345Marijuana Impact on Medicaid Act of 2026Introduced
- HB8394Higher Education Marijuana Research Act of 2026Introduced
- SB4315Hemp Safety Enforcement ActIntroduced
- HB7987CLIMB Act Capital Lending and Investment for Marijuana Businesses ActIntroduced
- HB7212Hemp Enforcement, Modernization, and Protection ActIntroduced
LEGISLATIVE DATA PROVIDED BY LEGISCAN · LICENSED UNDER CC BY 4.0 · UPDATED Aug 18, 2026