SB 436
Authorizes an income tax deduction for certain expenses related to operating a medical marijuana business
Sponsor:
LR Number:
1991S.01I
Committee:
Last Action:
3/25/2021 - Voted Do Pass S Ways and Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SB 436 - This act allows taxpayers authorized under the Missouri Constitution to operate a business related to medical marijuana to claim an income tax deduction in an amount equal to any expenditures otherwise allowable as a federal income tax deduction, but that are disallowed for federal purposes because cannabis is a controlled substance under federal law.

JOSH NORBERG

Amendments

No Amendments Found.