,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bbdj  ,,in ,,the ,,house ,,of  
,,representatives  ,june #d1 #bjac ,mr4 
,blumenauer 7for himself1 ,mr4          
,rohrabacher1 ,mr4 ,polis1 ,mr4 ,smith  
of ,washington1 ,mr4 ,farr1 ,mr4 ,cohen1
 ,mr4 ,perlmutter1 and ,ms4 ,lee of     
,california7 introduced the following   
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow deductions and 
credits relating to expenditures in     
connection with marijuana sales         
conducted in compliance with ,state law4
  #a4 ,short title ,this ,act may be    
cited as the ,small ,business ,tax      
,equity ,act of #bjac4  #b4 ,allowance  
of deductions and credits relating to   
expenditures in connection with         
marijuana sales conducted in compliance 
with ,state law  7a7 ,in general        
,section #bhj;,e of the ,internal       
,revenue ,code of #aihf is amended by   
inserting before the period at the end  

the following3 1 unless such trade or   
business consists of marijuana sales    
conducted in compliance with ,state law4
  7b7 ,effective date ,the amendment    
made by this section shall apply with   
respect to taxable years ending after   
the date of the enactment of this ,act4