State Bills

Signed as Law: Illinois Eliminates State Conformity with IRS Section 280E for Marijuana Businesses

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.

Continue ReadingSigned as Law: Illinois Eliminates State Conformity with IRS Section 280E for Marijuana Businesses

Signed as Law: Colorado Allows Online Payments for Marijuana Despite Federal Prohibition

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.

Continue ReadingSigned as Law: Colorado Allows Online Payments for Marijuana Despite Federal Prohibition

Texas Governor Signs Second Amendment Financial Privacy Act

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.

Continue ReadingTexas Governor Signs Second Amendment Financial Privacy Act

To the Governor: Connecticut Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses

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.

Continue ReadingTo the Governor: Connecticut Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses

Now in Effect: West Virginia Law Prohibits Using Credit Card Information to Track Firearms Purchases Without a Warrant

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.

Continue ReadingNow in Effect: West Virginia Law Prohibits Using Credit Card Information to Track Firearms Purchases Without a Warrant

Rhode Island House Committee Passes Bill to Legalize Possession of Psilocybin Despite Federal Prohibition

The legislation would remove criminal penalties for possessing and cultivating up to one ounce of psilocybin for personal use. The proposed law would also allow adults to share up to 1 ounce of psilocybin with other adults.

The post Rhode Island House Committee Passes Bill to Legalize Possession of Psilocybin Despite Federal Prohibition first appeared on Tenth Amendment Center.

Continue ReadingRhode Island House Committee Passes Bill to Legalize Possession of Psilocybin Despite Federal Prohibition

California Assembly Passes Bill to Restrict Geofence Location Tracking

The legislation would prohibit any government entity from seeking, or any court from enforcing, assisting, or supporting, a reverse-keyword or reverse-location demand issued by a government entity or court in this state or any other state.

The post California Assembly Passes Bill to Restrict Geofence Location Tracking first appeared on Tenth Amendment Center.

Continue ReadingCalifornia Assembly Passes Bill to Restrict Geofence Location Tracking

California Assembly Passes Bill to Expand Limits on ALPR Data Retention, Help Block National License Plate Tracking Program

AB1463 would limit ALPR data retention to 30 days unless it matches the information on a hot list. AB1463 would also prohibit ALPR information from being sold, shared, or transferred to an out-of-state or federal agency without a court order or warrant issued by a California court.

The post California Assembly Passes Bill to Expand Limits on ALPR Data Retention, Help Block National License Plate Tracking Program first appeared on Tenth Amendment Center.

Continue ReadingCalifornia Assembly Passes Bill to Expand Limits on ALPR Data Retention, Help Block National License Plate Tracking Program

To the Governor: Illinois Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses

Last week, the Illinois House 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: Illinois Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses first appeared on Tenth Amendment Center.

Continue ReadingTo the Governor: Illinois Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses

Minnesota Becomes 23rd State to Legalize Marijuana Despite Federal Prohibition

The lesson here is pretty straightforward. As Tenth Amendment Center Executive Director Michael Boldin noted, “When enough people say, ‘No!’ to the federal government, and enough states pass laws backing those people up, there’s not much the feds can do to shove their so-called laws, regulations, or mandates down our throats.”

The post Minnesota Becomes 23rd State to Legalize Marijuana Despite Federal Prohibition first appeared on Tenth Amendment Center.

Continue ReadingMinnesota Becomes 23rd State to Legalize Marijuana Despite Federal Prohibition