Apr 05 2017
An additional bill was filed this morning that would reform section 280E of the U.S. Tax Code to allow state-legal cannabis businesses to deduct ordinary and necessary business expenses from their federal taxes.
Polis's bill would remove marijuana from the Controlled Substances Act, move federal jurisdiction over marijuana oversight from the DEA to the Bureau of Alcohol, Tobacco, Firearms and Explosives, and puts in place regulations over marijuana similar to those in place for alcohol - including its advertising standards.
"The federal government must respect the decision Oregonians made at the polls and allow law-abiding marijuana businesses to go to the bank just like any other legal business", Sen.
"As more states follow Oregon's leadership in legalizing and regulating marijuana, too many people are trapped between federal and state laws", Rep. Blumenauer said in Thursday's statement. "It's not right, and it's not fair", said Blumenauer.
Wyden, the top Democrat on the powerful Senate Finance Committee, joined Rep. Earl Blumenauer, D-Oregon, and several other lawmakers in backing a series of pro-marijuana bills that were introduced Monday. Ron Wyden and Rep. Earl Blumenauer from OR have sponsored the set of bills that seek to end prohibition in a way that serves the government and marijuana business while keeping the public out of jail for minor marijuana related offenses. A companion bill was filed in the House by Rep. Carlos Curbelo (R-FL) and Rep. Blumenauer. It would also make it impossible to deport someone from or deny them entry to the United States exclusively on the grounds that they used marijuana in accordance with state law.
The Small Business Tax Equity ActThe package of bills could result in marijuana being regulated like alcohol on a federal level.
Heather Steans (D-Il.) and Rep. Kelly Cassidy (D-Il.) introduced legislation in Illinois that would legalize recreational marijuana.
Robert Capecchi, the director of federal policies for the Marijuana Policy Project, also said he supports the bills.
Ron Wyden is becoming an all-out supporter of protecting and promoting the legal marijuana industry and its consumers. Some states, like OR and Washington, levy a marijuana sales tax at the consumer level.
Marijuana now remains illegal under federal law, though the Obama Justice Department in 2013 announced guidelines that limited federal enforcement of marijuana laws in states that had opted to legalize medical or recreational use.
"States are adopting laws created to improve public safety by replacing the illegal marijuana market with a tightly regulated system of production and sales", he said. By rescheduling the plant, the federal government would be able to add a federal tax to the sale of marijuana products and actually make a lot of money as opposed to spending it on law enforcement, court and jail costs for minor marijuana offenses.
The duo is set to discuss the proposal in detail Wednesday, and a spokesperson for Wyden, who has been one of the Trump administration's most outspoken critics in the Senate, said he plans to address likely opposition from the Department of Justice and Attorney General Jeff Sessions.
Indeed, residents of states that have already legalized appear to be much more open to pot use, with most reporting higher than average marijuana usage rates, even before the drug was legalized.
Apr 05 2017
New York avoids government shutdown with budget extension
Andrew Cuomo calls his state "the progressive capital of the nation", but when it comes to public defense, NY is anything but. I will continue to work with my colleagues in the NY delegation on behalf of the constituents of our great state".
Apr 04 2017
Texas deputy constable fatally shot in Baytown courthouse shooting
He was shot at about 7:00 a.m.in the Baytown courthouse and taken to Memorial Hermann Hospital where he later died. Chief Deputy Clint Greenwood, a 30-year law enforcement veteran, as the victim in this morning's shooting.
Apr 04 2017
Walter Mazzarri wants Watford to maintain standards as relegation fears ease
West Bromwich Albion are willing to break their club-record transfer fee to land Watford striker Troy Deeney this summer, according to The Mirror .
Apr 03 2017
Reading v Leeds - the story so far
We didn't score them which made it hard , but thankfully Yann did score that goal. " We don't know ", he told BBC Radio Leeds when asked about Jansson's fitness.
Apr 03 2017
Chenani-Nashri Tunnel is Giant Leap for J&K's Development: PM Modi
Referring to the decades of separatist violence, he said it has done no good but only brought bloodshed to Jammu and Kashmir. The 10.89 km long tunnel project in J&K connects Udhampur with the Ramban district of Jammu and Kashmir.
Apr 03 2017
Medvedeva secures second successive world title at Figure Skating World Championships
No one came close to ending that run on Friday as she romped to victory by 15.28 points over Canadian Kaetlyn Osmond. Virtue and Moir, who won the 2010 OIympic title, skipped two seasons before returning to competition last fall.
Apr 02 2017
Naam Shabana : No Match To Baby
Akshay Kumar charms his way in the film with his magic and makes his fans happy in a "special" appearance that is truly special. Naam Shabana is the 6th highest opening day of 2017 after Raees, Jolly LLB 2, Badrinath Ki Dulhania, Kaabil and Rangoon.
Apr 02 2017
SpaceX Launches Its Reusable Rocket
Musk wrote on Twitter Thursday night that his next goal is to launch and land the same rocket twice within 24 hours. CEO Elon Musk told reporters it was " the cherry on the cake " for what was already a very historic day.
Apr 01 2017
Bust: Former 3rd overall pick Jordan released by Dolphins
However, the veteran safety must first serve an eight-game suspension due to a violation of the NFL's substance abuse policy. Louis, McDonald played four years with the organization, including moving with them last year to become the Los Angeles Rams.
Mar 31 2017
'Syrian people will choose Assad's fate,' says Tillerson in Turkey
The PKK has led a three-decade long insurgency in southeast Turkey and is considered a "terrorist group" by the US. State Department official said Tillerson had emphasized Turkey's "important role" in regional security.
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