54A:5-17 Cannabis licensees, gross income.
57 words·~1 min read·
/nj/title-54a/chapter-5/54a-5-17A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
3. a. For cannabis licensees, New Jersey gross income under subsections b. and k. of N.J.S.54A:5-1 shall be determined without regard to section 280E of the Internal Revenue Code (26 U.S.C. s.280E).
b. For purposes of this section, "licensee" means the same as that term is defined in section 3 of P.L.2021, c.16 (C.24:6I-33).
L.2023, c.50, s.3.