Legislative Advocacy – PIA National

NAIC Adopts Update to Its Guide on Cannabis Insurance

A white paper adopted by the National Association of Insurance Commissioners (NAIC) at its Summer National Meeting updates a 2019 white paper on cannabis-related insurance issues and regulation. Produced by the NAIC’s Cannabis Insurance Working Group, the Regulatory Guide to Understanding the Market for Cannabis Insurance: 2023 Update discusses the evolution of cannabis regulation at …

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PIA-Backed Main Street Tax Certainty Act Reintroduced

On July 18, Congressman Lloyd Smucker (R-PA) introduced H.R. 4721, the “Main Street Tax Certainty Act of 2023,” which would make permanent the 20 percent tax deduction currently available to some passthrough entities. PIA strongly supports this legislation, and in advance of its introduction joined a coalition of businesses groups in a letter of support …

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