Bill > HCRes97

This Concurrent Resolution directs the Clerk of the House of Representatives to make specific corrections to the official enrollment of H.B. 1, which is the Tax Cuts and Jobs Act. These corrections involve adding a new section to the bill that includes several provisions: an expansion of the rules limiting tax deductions for lobbying expenses, a tax exemption for the production of kombucha (a fermented tea beverage), an exclusion from taxable income for certain gains up to $600 from selling or exchanging virtual currency (digital representations of value used as a medium of exchange), and allowing deductions and tax credits for businesses involved in marijuana sales that comply with state laws.