SAFE Banking Act
US House Again Passes SAFE Banking Act
US House Again Passes SAFE Banking Act

On the eve of 420, the U.S. House of Representatives has once again approved the Secure and Fair Enforcement (SAFE) Banking Act. The bipartisan legislation, reintroduced by Rep. Ed. Perlmutter (D-CO) earlier this year, overwhelmingly passed by a vote of 321-101 (including 106 Republicans) on Monday.

SAFE Banking Act Reintroduced in Senate
SAFE Banking Act Reintroduced in Senate

Less than a week after a bipartisan group of lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act into the House, the Senate has followed suit with its version. Refiled by Sens. Jeff Merkely (D-OR) and Steve Daines (R-MT) on Tuesday, the bill currently has 30 co-sponsors.

SAFE Banking Act Reintroduced in US House
SAFE Banking Act Reintroduced in US House

The Secure and Fair Enforcement (SAFE) Banking Act was officially reintroduced into the US House of Representatives on Thursday, giving American cannabis firms renewed hope for federally protected access to major banks and credit unions. The bipartisan bill was authored by Rep. Ed. Perlmutter (D-CO) and sponsored by Reps. Nydia Velazquez (D-NY), Steve Stivers (R-OH) and Warren Davidson (R-OH).

House Votes to Protect State-Legal Cannabis Businesses
House Votes to Protect State-Legal Cannabis Businesses

The U.S. House of Representatives last week passed an appropriations amendment that protects state-legal cannabis businesses from federal interference. Introduced by Reps. Earl Blumenauer (D-OR), Barbara Lee (D-CA), Tom McClintock (R-CA), and Eleanor Holmes Norton (D-DC), the bipartisan amendment to H.R. 7617 — the Department of Defense Appropriations Act of 2021 — was approved in a 254-163 floor

SAFE Banking Act Included in New Coronavirus Relief Package
SAFE Banking Act Included in New Coronavirus Relief Package

Language from the cannabis industry’s long-sought banking reform bill, the SAFE Banking Act, has been included in the House Democrats’ new $3 trillion coronavirus aid package. Unveiled Tuesday, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act includes protections for financial institutions working with state-approved marijuana businesses.

Sen. Mike Crapo Again Asked to Advance SAFE Banking Act
Sen. Mike Crapo Again Asked to Advance SAFE Banking Act

Sen. Mike Crapo (R-ID) is once again being urged to markup the Secure and Fair Enforcement (SAFE) Banking Act, this time by a coalition of banking associations from 49 states and Puerto Rico.

The Cannabis Industry Wants SAFE Banking Act to Advance, But Concerns Remain
The Cannabis Industry Wants SAFE Banking Act to Advance, But Concerns Remain

Sen. Mike Crapo’s inbox is overflowing. Over the last month, the republican from Idaho -- who serves as the chairman of the Senate Banking Committee -- has received several letters concerning the Secure and Fair Enforcement (SAFE) Banking Act, which would protect financial institutions working with state-approved cannabis companies.

US House of Representatives Passes SAFE Banking Act
US House of Representatives Passes SAFE Banking Act

In a historic display of bipartisanship, Democrats and Republicans in the U.S. House of Representatives came together on Wednesday to pass the Secure and Fair Enforcement (SAFE) Banking Act of 2019 by a vote of 321-103.

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