The legislation would direct the Department of State Treasurer to study the costs and benefits that would result from a state-administered and state-audited vaulting bullion depository in North Carolina.
The post North Carolina House Committee Passes Bill to Explore Creation of State Bullion Depository first appeared on Tenth Amendment Center.
A bill introduced in the South Carolina Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in South Carolina, creating potentially significant roadblocks to its use as such in the state.
The post South Carolina Bill Would Exclude CBDC from Definition of Money in the State first appeared on Tenth Amendment Center.
Yesterday, Texas Gov. Greg Abbott signed a bill that could ban state cooperation with the enforcement of some federal regulations on oil and gas production in the state. But the new law has a big loophole that will likely allow state and local agencies to continue enforcing many if not all federal regulations.
The post Texas Bans State Enforcement of Some Federal Regulations on Oil and Gas; But Law Has Big Loophole first appeared on Tenth Amendment Center.
Provisions in the bill also decouple the state tax code from federal law as it applies to deductions for marijuana businesses. In effect, the new law allows marijuana businesses in Connecticut to take tax deductions on their state returns that they’re currently prohibited from utilizing.
The post Signed as Law: Connecticut Eliminates State Conformity with IRS Section 280E for Marijuana Businesses first appeared on Tenth Amendment Center.
Provisions in the budget bill decouple the state tax code from federal tax code as it applies to deductions for marijuana businesses. In effect, the changes will allow marijuana businesses in Illinois to take tax deductions on their state returns that they’re currently prohibited from utilizing.
The post Signed as Law: Illinois Eliminates State Conformity with IRS Section 280E for Marijuana Businesses first appeared on Tenth Amendment Center.
Despite the large slave population, and the colony serving as a key player in the slave trade, abolitionist sentiment grew, and on June 13, 1774, the colony enacted "An Act for Prohibiting the Importation of Negros."
The post Today in History: Rhode Island Becomes First Colony to Ban Importation of Slaves first appeared on Tenth Amendment Center.
DENVER, Colo. June 12, 2023 – Earlier this month, Colorado Gov. Jared Polis signed a bill legalizing online payments for marijuana in the state despite ongoing federal cannabis prohibition. Rep. William Lindstedt, Rep. Said Sharbini and Rep. Robert Rodriguez introduced House Bill 1279 (HB1279) on March 30. The new law repeals language in state law […]
The post Signed as Law: Colorado Allows Online Payments for Marijuana Despite Federal Prohibition first appeared on Tenth Amendment Center.
Titled the Second Amendment Financial Privacy Act, the new law prohibits a financial institution operating in Texas from requiring or assigning a firearms code, which is defined as “any merchant category code approved by the International Organization for Standardization for a firearms retailer, including Merchant Category Code 5723.”
The post Texas Governor Signs Second Amendment Financial Privacy Act first appeared on Tenth Amendment Center.
the Connecticut Senate gave final approval to a bill that includes provisions that would eliminate the state’s conformity with Internal Revenue Code (IRC) Section 280E. The enactment of this provision would represent a small, but important state tax relief for marijuana businesses despite ongoing federal cannabis prohibition.
The post To the Governor: Connecticut Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses first appeared on Tenth Amendment Center.
The new law prohibits any West Virginia governmental entity from accessing or obtaining a record of a transaction involving a credit card that is retrieved, characterized, generated, labeled, sorted, or grouped based on the assignment of a firearms code without a warrant or a subpoena in most situations.
The post Now in Effect: West Virginia Law Prohibits Using Credit Card Information to Track Firearms Purchases Without a Warrant first appeared on Tenth Amendment Center.