7 US House Republicans File Bill to Prevent 280E Tax Relief for Cannabis Businesses

Mon, Feb 24

Seven U.S. House GOP lawmakers -- led by Texas Rep. Jodey Arrington -- filed a bill to force cannabis companies to continue paying 280E-related taxes, even under rescheduling, in what now has become a bicameral attack on ordinary business expenses. https://t.co/pZdwwAnedO

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The legislation, sponsored by Texas Rep. Jodey Arrington, is similar to a bill recently offered by Sens. James Lankford, R-Okla., and Pete Ricketts, R-Neb.

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