,,ii  #aai? ,,congress  #a/ ,session    
,s4 #dga  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,febru>y #f            
7legislative day1 ,febru>y #e71         
#bjbe,mr4 ,lank=d 7= himself & ,mr4     
,ricketts7 introduc$ ! foll[+ bill2 :i* 
0 read twice & ref]r$ to ! ,committee on
 ,f9ance  ,a ,,bill  ,to am5d ! ,int]nal
 ,rev5ue ,code ( #aihf to ma9ta9 !      
prohibition on all[+ any d$uction or    
cr$it associat$ ) a trade or bus9ess    
involv$ 9 traffick+ m>ijuana4  #a4 ,%ort
 title ,?is ,act may be cit$ z ! ,no    
,d$uctions = ,m>ijuana ,bus9esses ,act4 
#b4 ,exp5ditures 9 connection ) ! sale (
 m>ijuana  7a7 ,9 g5]al ,section #bhj;,e
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ to read z foll[s3  #bhj;,e4       
,exp5ditures 9 connection ) ! illegal   
sale ( drugs ,no d$uction or cr$it %all 
be all[$ = any am\nt paid or incurr$    
dur+ ! taxable ye> 9 c>ry+ on any trade 
or bus9ess if su* trade or bus9ess 7or !
 activities :i* comprise su* trade or   
bus9ess7 consi/s ( traffick+ 9-- 7#a7   

m>ijuana 7z def9$ 9 section #ajb7af7 ( !
 ,controll$ ,sub/ances ,act 7#ba        
,u4,s4,c4 #hjb7af7771 or  7#b7 controll$
 sub/ances 7)9 ! mean+ ( s*$ule ,i &    
,,ii ( ! ,controll$ ,sub/ances ,act71   
:i* is prohibit$ by ,f$]al law or ! law 
( any ,/ate 9 :i* su* trade or bus9ess  
is conduct$4  4  7b7 ,effective date ,! 
am5dm5t made by ?is section %all apply  
to am\nts paid or incurr$ aft] ! date ( 
! enactm5t ( ?is ,act 9 taxable ye>s    
end+ aft] su* date4