New legislation introduced by Sen. Ron Wyden and Rep. Earl Blumenauer, both Oregon Democrats, would take marijuana off the list of federally banned drugs, tax marijuana at a rate similar to alcohol and tobacco, and end the threat of federal criminal penalties for businesses operating in states that allow the use of pot for recreational purposes.
Source: Pot state Dems want federal regulation of marijuana | TheHill
The Oregon law makers, “Path to Marijuana Reform,” includes three bills written to support the marijuana industry in states with legal recreational cannabis.
Checkout out the Executive Summary of the The Small Business Tax Equity Act, the Responsibly Addressing the Marijuana Policy Gap Act and Marijuana Revenue and Regulation Act here.
