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No Deductions for Marijuana Businesses Act
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.
Summary
This bill amends the Internal Revenue Code to maintain the prohibition on federal tax deductions and credits for businesses involved in marijuana trafficking or trafficking Schedule I and II controlled substances. The bill clarifies that businesses cannot claim deductions regardless of whether the marijuana or drug trafficking is prohibited by federal law or by state law in the state where the business operates. The prohibition applies to all business expenses incurred in connection with trafficking these substances. The amendment is effective for amounts paid or incurred after the bill's enactment in taxable years ending after that date.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
12 cosponsors
- Rep. Buchanan, Vern [R-FL-16] (R-FL)
- Rep. Clyde, Andrew S. [R-GA-9] (R-GA)
- Rep. Edwards, Chuck [R-NC-11] (R-NC)
- Rep. Gosar, Paul A. [R-AZ-9] (R-AZ)
- Rep. Harris, Andy [R-MD-1] (R-MD)
- Rep. Lawler, Michael [R-NY-17] (R-NY)
- Rep. Moore, Blake D. [R-UT-1] (R-UT)
- Rep. Moran, Nathaniel [R-TX-1] (R-TX)
- Rep. Murphy, Gregory F. [R-NC-3] (R-NC)
- Rep. Palmer, Gary J. [R-AL-6] (R-AL)
- Rep. Sessions, Pete [R-TX-17] (R-TX)
- Rep. Smith, Adrian [R-NE-3] (R-NE)
Money behind the sponsor
Top reported contributors to Jodey C. Arrington’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- CHARTER BROKERAGE LLC $28,800
- SIMFLO $19,800
- GRAIL $18,200
- NORTHSTAR ANESTHESIA $13,200
- CITY BANK $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Jodey C. Arrington → · Outside spending →
Actions (2)
- Feb 21, 2025 Referred to the House Committee on Ways and Means. · house
- Feb 21, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
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”.
SEC. 2. EXPENDITURES IN CONNECTION WITH THE SALE OF MARIJUANA.
(a) In General.—Section 280E of the Internal Revenue Code of 1986 is amended to read as follows:
“SEC. 280E. EXPENDITURES IN CONNECTION WITH THE ILLEGAL SALE OF DRUGS.
“No deduction or credit shall be allowed for any amount paid or incurred during the taxable year in carrying on any trade or business if such trade or business (or the activities which comprise such trade or business) consists of trafficking in—
“(1) marijuana (as defined in section 102(16) of the Controlled Substances Act (21 U.S.C. 802(16))), or
“(2) controlled substances (within the meaning 16 of schedule I and II of the Controlled Substances 17 Act), which is prohibited by Federal law or the law of any State in which such trade or business is conducted.”.
(b) Effective Date.—The amendment made by this section shall apply to amounts paid or incurred after the date of the enactment of this Act in taxable years ending after such date. <all>
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