Conformity with the Internal Revenue Code; cannabis licensees.
Summary
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 status
in committee
3 of 5 stages cleared
Introduction
Jan 2022
Committee Review
Feb 2022
House of Delegates Passage
Feb 2022
Senate Passage
Governor
Introduced Jan 18, 2022
Last action Feb 15, 2022
Floor votes · House of Delegates Feb 7, 2022
How they voted
21–1
Passed
Total votes 22
Feb 7, 2022
D
Democratic10
100% Yea
R
Republican12
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
8
Key actions
3
Committee
4
Feb 7, 2022
Committee
Referred to Committee on Appropriations
lower
Feb 7, 2022
Lower · Passed
Reported from Finance with amendment(s) (21-Y 1-N)
lower
Feb 7, 2022
Lower · Passed
House committee, floor amendments and substitutes offered
lower
Feb 7, 2022
House Of Delegates · Passed
House of Delegates Vote: pass (21-1)
house of delegates
Jan 18, 2022
Committee
Referred to Committee on Finance
lower
Jan 18, 2022
Introduced
Presented and ordered printed 22104011D
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jeffrey L. Campbell
RRepublican
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