Summary

2/5/2013--Introduced.Marijuana Tax Equity Act of 2013 - Amends the Internal Revenue Code to impose an excise tax on: (1) the sale of marijuana by producers or importers of... Read More

Status

This bill was introduced on Feb 5, 2013, in a previous session of Congress, but was not passed.

Bill Text

A BILL

To amend the Internal Revenue Code of 1986 to provide for the taxation of marijuana, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Marijuana Tax Equity Act of 2013''.

SEC. 2. TAXATION RELATING TO MARIJUANA.

(a) In General.--Subtitle E of title I of the Internal Revenue Code of 1986 is amended by adding at the end the following new chapter:

``CHAPTER 56--MARIJUANA

``subchapter a. producer tax.

``subchapter b. special provisions relating to marijuana enterprises.

``subchapter c. penalties.

``Subchapter A--Producer Tax

``Sec. 5901. Imposition of tax. ``Sec. 5902. Exemption from tax. ``Sec. 5903. Special rules. ``Sec. 5904. Definitions.

``SEC. 5901. IMPOSITION OF TAX.

``(a) Imposition of Tax.--There is hereby imposed a tax on the sale of marijuana by the producer or importer thereof. ``(b) Amount of Tax.--The amount of the tax imposed by subsection (a) shall be 50 percent of the price for which so sold.

``SEC. 5902. EXEMPTION FROM TAX.

``(a) General Rule.--Under regulations prescribed by the Secretary, no tax shall be imposed under this subchapter on the sale by the producer or importer of an article-- ``(1) for use by the purchaser for further production, or for resale by the purchaser to a second purchaser for use by such second purchaser in further production, or ``(2) for export, or for resale by the purchaser to a second purchaser for export. ``(b) Proof of Resale for...

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Sentiment Map

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Nation

590 Supporting
133 Opposing
82% 18%

State: CA

38 Supporting
9 Opposing
81% 19%

District: 1st

1 Supporting
1 Opposing
50% 50%

Popularity Trend

Organizations Supporting

No organizations supporting yet.

Organizations Opposing

No organizations opposing yet.

Users Supporting

I support The Marijuana Tax Equity Act because... marijuana needs to be legalized and taxed.

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LA
5
grahameagle
LA-5
9 months ago

I support The Marijuana Tax Equity Act because the bill will end the housing of prisoners for marijuana use. The prison reduction will be a budget reduction measure. The tax on marijuana will increase the revenues for the country and reduce the budget losses.

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TX
32
Stonewall2
TX-32
10 months ago

I support H.R. 501: Marijuana Tax Equity Act of 2013 because... It helps manage the pain and discomfort of Crohns disease.. I am also a disabled veteran

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FL
21
Devildog1776
FL-21
1 year ago

I support H.R. 501: Marijuana Tax Equity Act of 2013 because we need a mechanism to that will extend the benefits of Marijuana sales to our entire country, not just those who buy and sell this product. Long overdue.

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NY
20
Anonymous306817
NY-20
1 year ago

I support H.R. 501: Marijuana Tax Equity Act of 2013 because...This is a great way to balance the budget, cut spending by the DEA to enforce stupid marijuana laws, and open new legitimate business opportunities for USA Citizens and take it out of the Mexican Drug Cartels hands. Make sure there is a provision that ONLY US citizens can be licensed to be in this trade and that they have no ties to any drug organization. I am sure that the drug cartels will try to get their foot in the door, just like the mob did in Las Vegas when gambling became legal. Always keep history in mind.

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CA
47
CheriW52
CA-47
1 year ago

I support H.R. 501: Marijuana Tax Equity Act of 2013 because... the war on drugs is a complete failure. Prohibition taught us that its more cost effective to education and rehab than to try to prevent the use of drugs. It's also a matter of personal liberty and stopping the continuation of the nanny state.

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NE
1
BenT
NE-1
1 year ago

Users Opposing

I oppose The Marijuana Tax Equity Act because we need fewer taxes, not more.

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IL
6
GTNewton
IL-6
9 months ago

I oppose The Marijuana Tax Equity Act because...a 50% tax is way to high . I all for taxing the drug if you reschedule it and allow the states laws to over rule the federal an finally get the DEA OUT OF the picture with the product.

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AZ
5
Wazz
AZ-5
10 months ago

I oppose The Marijuana Tax Equity Act because...I think marijuana should be taxed, but ata reasonable rate. 50% seems a little crazy.

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NV
1
forang59
NV-1
11 months ago

I oppose The Marijuana Tax Equity Act because...I can see taxing it, but at 50%???? Tax it the way you tax alcohol and then I would agree. Better yet, tax it like you did in 1937? I bet every politician in this country is watching how much cash both Colorado and Washington are making and wanting their piece of the pie, eh? Watch how quick other states start to legalize it. Tbh, I feel sorry for the last states who legalize it. Those will be the ones to make the least amount of cash and also the 1s who will be left with the drug cartels not wanting to get out.

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CO
6
howlin4u1
CO-6
11 months ago

I oppose H.R. 501: Marijuana Tax Equity Act of 2013 because... I support the legalization of cannabis. This would remove the profit motive from the Mexican cartels, and would have significant positive impacts on reducing jail populations and resources required for indictment, eg DEA, BATFE, attorneys and judges. Many will say we need to "protect the children". But the children have complete access to cannabis now. The War on Drugs is an epic fail that we cannot afford. Legalization would remove the cartels from the equation. OPPOSE THIS BILL!!!

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WA
10
PNW_Rocker
WA-10
1 year ago

I oppose H.R. 501: Marijuana Tax Equity Act of 2013 because of the amount of taxation. I do agree with this bill in general, but not at the current tax rate. This rate is very high and will have a negative effect on patients and businesses. I think a tax rate of 3% would be fair. The reason I state that number is because some states will also implement state taxes. That will drive the tax up from say 3% to 8% or even higher.

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GA
14
sunfire311
GA-14
1 year ago

Bill Summary

2/5/2013--Introduced.Marijuana Tax Equity Act of 2013 - Amends the Internal Revenue Code to impose an excise tax on: (1) the sale of marijuana by producers or importers of such drug equal to 50% of the sales price, and (2) each person who is engaged in a marijuana enterprise. Defines "marijuana enterprise" to mean a producer, importer, manufacturer, distributor, retailer or any person who transports, stores, displays, or otherwise participates in any business activity that handles marijuana or marijuana products. Requires any person who engages in a marijuana enterprise to obtain a permit to engage in such business. Imposes civil and criminal penalties for violations of the requirements of this Act.

H.R. 500The Public Option Act (or Medicare You Can Buy Into Act) H.R. 502The Electronic Employment Eligibility Verification and Illegal Immigration Control Act