Safe banking act senate vote. 1996 (117th): SAFE Banking Act of 2021. Below are Senator Schumer’s remarks, which can also be viewed here: Apr 26, 2023 · Wednesday, April 26, 2023 Washington, D. (1) In general. U. (b) Table of contents. Sep 28, 2023 · Below are Senator Schumer’s remarks, which can also be viewed here: Yesterday, the SAFER Banking Act, I’m happy to say, was reported out of the Banking Committee with a good bipartisan majority of 14 to 9. Senate Committee on Banking, Housing and Urban Affairs. Senate Banking Committee met to discuss the SAFE Banking Act, a critical piece of proposed legislation that would make it easier for the cannabis industry to secure Jun 21, 2023 · Marijuana banking bill heading to committee vote within weeks - Senate chairman; Schumer says marijuana banking bill will include social justice reforms; Passage Of The SAFE Act Could Trigger A Sep 25, 2023 · This week, the Senate Banking, Housing and Urban Affairs Committee is expected to vote on the bipartisan Secure and Fair Enforcement Regulation (SAFER) Banking Act of 2023, paving the way for a floor vote in the Senate. The revised bill addresses concerns around potential bad actors May 11, 2023 · May 11, 2023 Scott’s Opening Statement at Hearing on the SAFE Banking Act. 1323. 25, three sources familiar with the Sep 30, 2021 · A version of the SAFE Banking Act passed the House by a vote of 321 to 101 on April 19, 2021. , for any cannabis reform legislation. 1st Passage (Sept. The legislation was first Sep 20, 2023 · Washington, D. As a standalone in its current form, insiders say the measure has enough Republican buy-in to reach the 60-vote threshold needed for passage in the Senate. 1323/H. Apr 26, 2023 · Senate - Banking, Housing, and Urban Affairs: Committee Meetings: 05/11/23 9:45AM: Latest Action: Senate - 05/11/2023 Committee on Banking, Housing, and Urban Affairs. H. The SAFE Banking Act—legislation that would allow federally regulated financial institutions to work with state-legal cannabis businesses that often are forced to operate in all cash—has been absent of Senate action the past four years despite large bipartisanship that has led to seven Sep 14, 2023 · The Senate Banking, Housing, and Urban Affairs Committee is expected to hold a markup session for the bill, known as the SAFE Banking Act, the week of Sept. – Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor on the Senate Banking Committee holding a markup on the bipartisan SAFER Banking Act. 19—the same day the committee formally announced the scheduled markup—a revised version of the act was revealed; the amended bill includes a new title, the Secure and Fair Enforcement Dec 1, 2022 · 58% say a Senate vote on establishing a safe harbor for cannabis banking is important. Aug 22, 2023 · The Secure and Fair Enforcement (SAFE) Banking Act has been billed as the answer to banking woes for cannabis companies and a version of it has been introduced in every Congress since 2013. , a co-sponsor who vowed Sept. Senate Minority Leader Mitch McConnell effectively killed the SAFE Banking Act once again. Listen. 27, 2023, the SAFER Banking Act made it out of the Senate Banking Committee (by a Mar 18, 2021 · A bill that generally prohibits federal banking regulators from penalizing depository institutions for providing services to legitimate cannabis-related businesses. Id. Some of these votes have occurred on a standalone Apr 26, 2023 · Secure and Fair Enforcement Banking Act of 2023 or the SAFE Banking Act of 2023. 19 that the SAFE Banking Act is scheduled for in-person markup Sept. Before amendments introduced Wednesday, the version put before the Senate Banking Committee would offer “safe harbor” for financial institutions such as banks and credit unions that Sep 19, 2023 · The Secure and Fair Enforcement (SAFE) Banking Act of 2023 (S. House of Representatives on seven previous occasions since its first passage in 2019, the SAFER Banking Act’s advancement through the Senate has caused quite a stir among not only cannabis and cannabis-related businesses, but also among banks, credit unions Sep 27, 2023 · WASHINGTON – U. —A Federal banking regulator may not— (1) terminate or limit the deposit insurance or share insurance of a depository institution under the Federal Deposit Insurance Act (12 U. 1996 (117th) in the House. ): Secure And Fair Enforcement Banking Act of 2019. Senate Banking Committee prepares to discuss the SAFE Banking Act, a crucial legislation that would make it easier for the Oct 10, 2023 · Changes to the bill include directing financial institutions to develop banking relationships in their communities and expanding Federal Deposit Insurance Corporation unbanked and underbanked surveys to small and medium-sized businesses. May 19, 2023 · Earlier this month, the U. It still needs to pass the Senate, where there are other competing Democratic reforms, and then it Sep 15, 2023 · CGC. Sherrod Brown (D-Ohio), the Senate Banking Committee chairman, said Tuesday his panel will vote on moving SAFE Banking Act to the floor “in the next two or three weeks. The bill passed the House on 04/19/2021 and was received in the Senate on 04/20/2021. The bipartisan Secure and Fair Enforcement Banking Act, which has been touted as the solution to the largely cash-based nature of the Oct 17, 2023 · A Senate floor vote is now pending. (All Actions) Roll Call Votes: There has been 1 roll call vote Mar 18, 2021 · House - Financial Services; Judiciary | Senate - Banking, Housing, and Urban Affairs: Latest Action: Senate - 04/20/2021 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. The committee voted to advance the bill with a bipartisan vote of 14-9. Washington, D. Mar 23, 2021 · Shown Here:Introduced in Senate (03/23/2021) Secure and Fair Enforcement Banking Act of 2021 or the SAFE Banking Act of 2021. th. With the committee's approval, the act can now pass to the Senate floor, which Senator Chuck Sep 26, 2023 · On September 20, 2023, a bipartisan group of senators unveiled a revised version of the SAFE Banking Act, renamed the Secure and Fair Enforcement Regulation (SAFER) Banking Act. Senate Committee on Banking, Housing, and Urban Affairs, Ranking Member Tim Scott (R-S. Let’s make 2023 the year that we get this bill signed into law so we can ensure that all legal cannabis businesses have access to the financial services they need to help keep their employees, their May 4, 2022 · Sen. (All Actions) Roll Call Votes: There has been 1 roll call vote S. This bipartisan legislation provides legal protection to banks, credit unions, and other financial institutions that offer services to state-legal Jul 14, 2023 · Collins also co-sponsored the 2021 SAFE Banking Act. (A) provide such request or order to the institution in writing; and. Last month, a group of bipartisan lawmakers reintroduced the SAFE Banking Act in the House and This Act may be cited as the Secure And Fair Enforcement Regulation Banking Act or the SAFER Banking Act. Sep 21, 2023 · The new bill is the result of months of negotiation between senators over some provisions of the original SAFE Banking Act. Sec. Nearly half of the Republican caucus joined their Democratic Jun 7, 2023 · Sen. This was a vote to pass H. S. 27, a much-anticipated move that would advance one of May 11, 2023 · Washington, DC. Instead of SAFE Banking, the Senate Banking Committee on Sept. The Act, which was offered as an amendment by the bill’s sponsor, Rep. 1996, the Secure and Fair Enforcement Banking Act of 2021, or the SAFE Banking Act, passed the House of Representatives on Thursday, July 14 th, 2022, as an amendment to the FY 2023 National Defense May 11, 2023 · Shares of pot companies were trading higher on Thursday as the U. If an appropriate Federal banking agency formally or informally requests or orders a depository institution to terminate a specific customer account or a group of customer accounts, the agency shall—. Sep 27, 2023 · Washington, D. He just Sep 28, 2023 · Last week, the SAFER Act saw a number of key amendments before heading to the U. The Capital Lending and Investment for Marijuana Businesses Act (the “CLIMB Act”), HR 8200 Apr 27, 2023 · “For the first time, we have a path for SAFE Banking to move through the Senate Banking Committee and get a vote on the floor of the Senate. The bill—which has passed the House in several prior Congresses—was introduced by Sens. According to Z&A, despite some optimism, it is challenging to believe claims that the SAFE Banking Apr 26, 2023 · (a) Prohibition. – Oregon’s U. And Rules Committee Chairman Jim McGovern lashed out at Schumer during the debate. ) and Steve Daines (R Apr 26, 2023 · Notice requirement. Reintroduced in both houses of Congress earlier this year, the SAFE Banking Act has passed the House of Representatives several times, only to fail in the Senate. Senator Jeff Merkley and Montana’s U. Legislation to provide safe harbor to financial institutions wishing to service state-licensed cannabis businesses remains a priority on U. But will the Safe Banking Act move? Unfortunately, this isn’t the first time players in both the banking and cannabis industries have been ignored by the Senate: similar letters have been sent and publicized throughout the years. 77%. Senator Kevin Cramer (R-ND) joined his colleagues on the Senate Banking Committee in passing the Safe and Fair Enforcement Regulation (SAFER) Banking Act with a vote of 14 to 9. This bill provides protections for federally regulated financial May 11, 2023 · The Senate is holding its first hearing Thursday on the Secure and Fair Enforcement Banking Act. Ed Perlmutter on March 7, 2019, the SAFE Banking Act has passed in the House of Representatives six times. Apr 19, 2021 at 7:05 p. 1811 et seq. Clearing the vote at 14 – 9, the bipartisan support for the bill now sets the stage for the Act’s vote in the Senate – the first time the Senate will give a full floor vote to a piece of cannabis Sep 29, 2023 · The Senate Committee passed The Secure and Fair Enforcement Regulation Banking Act with a 14-9 vote on Wednesday, September 27, after weeks of negotiations and revisions to reach a bipartisan Sep 24, 2019 · Even with the SAFE Banking Act set to get the House’s OK, Height Capital Markets analysts said in a note before that chamber’s vote that they “maintain our less than 25% odds that cannabis Sep 27, 2023 · With the legislation referred to only the Banking Committee in the Senate, the SAFER Banking Act now appears to be in the hands of Senate Majority Leader Chuck Schumer, D-N. Jun 8, 2023 · Make informed decisions. This bill provides protections for federally regulated financial institutions that serve state-sanctioned marijuana businesses. Sep 27, 2023 · An earlier version of the bill, the SAFE Banking Act, had failed to secure a Senate vote despite the House of Representatives passing it seven times. Tommy Tuberville (R-AL) said last month that he’s a “yes” on the legislation. Sep 27, 2023 · The Secure and Fair Enforcement Regulation Banking Act (SAFER) bill, introduced by a bipartisan group of senators last week, will now move to the Senate floor. It has meant that employees are mugged and attacked, robbed. the bill has faced a bumpy road in the Senate May 16, 2023 · Bipartisan SAFE Banking Act of 2023 introduced SAFE Banking hearing in the Senate Banking Committee Next step: get this bill a vote in the Senate Banking Committee and to the Senate floor. The latest version has been amended in several ways that have encouraged advocates , but as Schumer explained, the plan is to further revise it on the floor to incorporate additional equity provisions. Currently, many financial institutions do not provide services to state-sanctioned marijuana businesses due to the federal classification Jul 20, 2023 · Lobbyist Don Murphy of the Marijuana Leadership Campaign said on Thursday that he spoke to Senate Banking Committee Chairman Sherrod Brown (D-OH), who told him that his panel will not be voting on the Secure and Fair Enforcement (SAFE) Banking Act before the start of recess beginning on July 31. Sep 14, 2023 · The SAFE Banking Act would give federally regulated banks and credit unions legal cover to take cannabis dispensaries and growers as customers. Sep 28, 2023 · Senator Schumer said he would work to bring the SAFER Banking Act to a floor vote as soon as possible where it requires 60 votes to move on to the House of Representatives. But bipartisan Sep 20, 2023 · Make informed decisions. in Business of Cannabis North America, Regulation. All these juicy additions were included to cajole the bipartisan senate members to approve the bill. Patty Murray (Wash. ) emphasized the importance of robust debate on legislation in this space and called for any such legislation to be Sep 18, 2023 · The Senate Banking Committee is expected to hold a vote this month on a bill that would make it easier for financial institutions to serve legal cannabis businesses, Politico and Bloomberg reported Friday. Feb 4, 2022 · This vote marks the sixth time that members of the House have advanced SAFE Banking to the Senate either as an amendment or as a stand-alone piece of legislation. “Regardless of how Dec 3, 2021 · The SAFE Banking Act currently has a bipartisan 40 cosponsors in the Senate. Bills numbers restart every two years. 3. The table of contents for this Act is as follows: Sec. Key changes to the bill cited by MJBizDaily include a requirement that Sep 15, 2023 · At this point, the SAFE Banking Act has 42 cosponsors—nearly half of the Senate—and that includes eight Republicans and three independents. ” Apr 26, 2023 · A bipartisan group of lawmakers today reintroduced the SAFE Banking Act, an American Bankers Association-championed bill that would address the conflict between state law and federal law over cannabis banking. The bill had already passed seven times in the House, but the Sep 21, 2023 · As the SAFE Banking Act takes a historic first step to move through the Senate, with a markup scheduled by the Senate Banking Committee for Sept. 2891) will be moving forward in the U. 27, 2023. Senate Shown Here: Introduced in House (04/26/2023) Secure and Fair Enforcement Banking Act of 2023 or the SAFE Banking Act of 2023 . 1:46. Senate majority leader mentioned the SAFER Banking Act among a short list of legislative priorities this year. 20 to bring it to a full floor vote “with all due speed. Apr 27, 2023 · Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline. The report outlines key steps and potential catalysts for the SAFE Banking Act’s progress: Senate Banking Committee mark-up vote scheduled for late September. Senate, according to the U. To create protections for depository institutions that provide financial services to cannabis-related legitimate businesses and service providers for such businesses, and for other purposes. R. 1751 et seq. Despite the SAFE Banking Act passing in the U. It’s never passed the Senate. Ed Perlmutter (D-CO), chief sponsor of the bill, moved to reinsert the bill language in a meeting of the House Rules Committee Wednesday, but ultimately decided not to force a vote on the amendment. Sep 19, 2023 · As we come closer to long-awaited movement on the cannabis banking bill, set for a Senate committee markup on September 27, Senators are circulating a revised bill with an updated title Nov 23, 2021 · WASHINGTON, D. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law. May 2, 2023 · “For the first time, we have a path for SAFE Banking to move through the Senate Banking Committee and get a vote on the floor of the Senate. Safe harbor for depository institutions. 1. After much anticipation and encouraging remarks from members of the Senate Banking Committee like Sen. 27 will pore over a bill called SAFER Banking, a bipartisan group of senators Jul 3, 2023 · While the SAFE Banking Act has yet to be scheduled for a committee markup, lawmakers from across the aisle are signaling that the votes are there for passage—so long as there are no major contentions or hiccups along the way, as Daines suggested. Secure and Fair Enforcement Banking Act of 2023 or the SAFE Banking Act of 2023. C. “The Committee is managing several […] Sep 19, 2023 · To reach the required 60 votes in the Senate, the report goes through a process of elimination. 3) What are the obstacles? Lawmakers deterring the SAFE Banking Act’s passage in the Senate generally fall into a few Sep 26, 2023 · By Agustin Rodriguez, Jean Smith-Gonnell & Christina Sava on September 26, 2023. However, despite some level of bipartisan support, the Senate has yet to vote on the SAFE Banking Act. Sherrod Brown (D-OH) and Senate Majority Leader Chuck Schumer (D-NY Sep 26, 2019 · The Secure and Fair Enforcement Banking Act, known as the SAFE Banking Act, passed the House Wednesday by a vote of 321 to 103. Sep 26, 2023 · On September 20, 2023, a bipartisan group of senators unveiled a revised version of the SAFE Banking Act, renamed the Secure and Fair Enforcement Regulation (SAFER) Banking Act. House of Representatives first passed the bill in 2019 and has passed it seven times in total. (All Actions) Tracker: Tip: This bill has the status Introduced 5 days ago · S. Senator Jacky Rosen (D-NV) is leading a bipartisan letter today of Senate Armed Services Committee (SASC) members urging leaders of the Armed Services Committees in the House and Senate to keep the Secure and Fair Enforcement (SAFE) Banking Act in the final conference version of the National Defense Authorization Act On July 14, 2022, the House passed the SAFE Banking Act for a seventh time, this time as part of the national defense budget for 2023. On Motion to Suspend the Rules and Pass, as Amended in the House. ) or take any other adverse action against a depository institution under the Federal Deposit Insurance Act (12 U. ), the No. Senate Democrats have released an updated and rebranded cannabis banking reform bill ahead of a long-awaited committee markup and expected vote scheduled for next Wednesday. The fifth-term senator from Idaho has a history of opposing cannabis banking reform as the former chairman of the Senate Banking Committee. ET. Rep. (AP Photo/Mariam Zuhaib) Cannabis legalization Dec 9, 2021 · The move infuriated SAFE Banking Act supporters. It was the seventh time Sep 15, 2023 · The Secure and Fair Enforcement (SAFE) Act, also known as the SAFE Banking Act, will be voted on in committee by the end of the month and should have enough votes to pass the U. 11, 2023, 09:33 PM. The next step is to bring SAFER Banking to the floor for a vote, which I will do soon. Senate committee before the end of June, a top Democratic senator suggested this week. The Secure and Fair Enforcement Regulation Banking Jul 28, 2022 · The SAFE Banking Act aims to protect banking institutions that choose to offer services to legitimate cannabis-related businesses. Now, senators are trying to push for marijuana banking legislation to be Sep 15, 2023 · September 15, 2023 at 2:42 PM PDT. Jeff Merkley (D-Ore. ) or the Federal Credit Union Act (12 U. House of Representatives 7 times, will finally pass the Senate. Y. – Senate Majority Leader Chuck Schumer (D-NY), Senator Ron Wyden (D-OR), Chair of the Senate Finance Committee, and Senator Cory Booker (D-NJ), member of the Senate Judiciary Committee, issued the following joint statement. The Senate Banking Committee looks set to vote in a week and a half to advance a much-anticipated bill that aims to make it easier for the financial industry to work with cannabis Jun 7, 2023 · The Senate Banking Committee Chairman Sherrod Brown (D-OH) says that he wants to hold a vote on a bipartisan marijuana banking bill, along with other legislation, “in the next two or three weeks. There are added protections for the banks that would be serving cannabis-related businesses. May 11, 2023 · The Secure and Fair Enforcement Banking Act, also known as SAFE, hit a wall in Congress last year after lawmakers excluded it from a $1. Jun 21, 2022 · Since it was first introduced by Rep. ” He added, however, that the exact scheduling is contingent on negotiations with his panel’s Republican ranking member. – In his opening statement at today’s hearing on cannabis banking legislation before the U. 7 trillion government funding bill. ” Read more here. Sep 27, 2023 · The SAFE Banking Act has passed in the House seven times, but, until Wednesday, had never before made it to a markup hearing in the Senate. 1323 is a bill in the United States Congress. Ed Mar 7, 2019 · H. The Senate Banking Committee is scheduled to mark up a new version of the SAFE Banking Act, now known as the “Secure And Fair Enforcement Regulation Banking Act” or the SAFER Banking Act (SB 2860). Let’s make 2023 the year that we get this bill signed into law so we can ensure that all legal cannabis businesses have access to the financial services they need to help keep their employees, their Sep 20, 2023 · The SAFE Act filed jointly in both the House and Senate in 2023, has gained bipartisan support, and the delays may be aimed at securing more votes. 2. Lawmakers from both parties reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, which the Oct 3, 2023 · The Senate Banking Committee approved the act with a tally of 14 votes in favor and nine against. Marijuana banking reform legislation could be heard in a key U. Jun 20, 2023 · According to new intel from Pelorus Capital Group Co-Founding President Rob Sechrist, a prominent member of the Senate Banking Committee—the group currently studying SAFE Banking legislation and which held a hearing in May—has the 10 votes needed to pass a potential Senate floor vote. Short title; table of contents. Dec 8, 2022 · Max Savage Levenson Published on December 8, 2022. 25, 2019, representing the first major floor vote in Washington, D. Senate Committee on Banking, Housing, and Urban Affairs. – Senate Majority Leader Chuck Schumer (D-NY) today released the following statement on the introduction of the SAFER Banking Act, historic legislation to give cannabis-related businesses access to critical banking infrastructure and allow them to pay their employees, protect their customers and ensure public safety: “For Sep 19, 2023 · The bill that’s being circulated ahead of the Senate Banking Committee vote is now being called the Secure and Fair Enforcement Regulation (SAFER) Banking Act. Sep 18, 2023 · The Senate Banking Committee is expected to hold a vote this month on a bill that would make it easier for financial institutions to serve legal cannabis businesses, Politico and Bloomberg reported Friday. Jul 21, 2023 · Despite there being purportedly enough votes to avoid a filibuster in the Senate (at least, unofficially), the main sticking point in committee appears to be Section 10 of the SAFE Banking Act Sep 27, 2023 · The SAFER Banking Act is a revived and revised version of several previous cannabis banking reform bills to make it through the House but not the Senate. This bill generally prohibits a federal banking regulator from penalizing a depository institution for providing banking services to a legitimate cannabis-related business. This will be an amended version of The SAFE Banking Act, which passed the House during the 116th and 117th Congresses but Jul 4, 2023 · July 4, 2023. Last month, the Senate Banking Committee voted to pass the SAFER Banking Act by a vote of 14-9. That means there are other bills with the number S. 3 Senate Democrat, is leading a push to pass the SAFE Banking Act, which would enable cannabis firms to use banking services, as part of a sweeping package Mar 7, 2024 · The U. This vote was taken under a House procedure called “suspension of the rules” which is typically used to pass non-controversial bills. Schumer, Wyden and Booker are coauthors of the landmark Cannabis Administration and Opportunity Act May 8, 2023 · They believe this year is the ‘magic’ moment the Secure and Fair Enforcement Banking Act (SAFE Banking Act), which has passed the U. May 8, 2023 · The SAFE Banking Act would protect banks that work with state-legal cannabis businesses from being penalized by federal regulators. Sen. Importantly, the summary, first reported by Politico, offers a first look at the types of compromises senators appear to have made in order to bolster bipartisan buy-in. Ed Perlmutter (D-CO), allows banks and other financial institutions to work with state-licensed cannabis . Definitions. Senators have said they want to have a vote on the long-awaiting SAFE Banking bill later this month, following the July 4 recess. Senator Steve Daines issued the following statement after the introduction of the bipartisan, bicameral Secure and Fair Enforcement (SAFE) Banking Act of 2023: “The introduction of the SAFE Banking Act puts us on a path to move through the Senate Banking Committee and get […] Sep 12, 2023 · At this point, the SAFE Banking Act has 42 cosponsors—nearly half of the Senate—and that includes eight Republicans and three independents. Chuck Schumer’s to-do list, the New York Democrat said March 6. The bill’s titles are written by its sponsor. The cannabis businesses are also protected by this bill. May 4, 2022 · The Senate has been under a lot of pressure from all sides over the last few weeks to pass the cannabis SAFE Banking Act. Most banks in the country do not Mar 18, 2021 · House - Financial Services; Judiciary | Senate - Banking, Housing, and Urban Affairs: Latest Action: Senate - 04/20/2021 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 1811 et Sep 25, 2023 · A Brief History of SAFE Banking Act’s 7 House Passages. Hearings held. Sep 11, 2023 · Sep. “The concept of operating in cash is an absolute disaster. The Senate Banking Committee has scheduled marijuana banking legislation for a vote on Sept. The Senate Banking Committee Chairman Sherrod Brown recently told Punchbowl News that he would ‘like to’ hold a committee vote on the bill this Jan 24, 2023 · In 2022, the SAFE Banking Act was close to being voted on in the Senate but ultimately did not pass during the lame-duck session. The U. 1323: SAFE Banking Act of 2023. – U. Apr 29, 2021 · The 2021 bill is a slightly modified rendition of the 2019 and 2017 SAFE banking act. House voted, 321-103, to overwhelmingly pass the SAFE Banking Act as a standalone measure on Sept. We have a path, we have momentum—let’s get it done! May 8, 2024 · Mike Crapo, R-Idaho: Opposes. 27. 27, on Sept. "Realizing this first vote out of the Senate signals strong bipartisan support from both chambers of Congress," said Trulieve CEO Kim Rivers. +0. m. 1595 (116. Prohibited penalties include terminating or Sep 27, 2023 · Although members of the House did overwhelmingly vote for the SAFE Banking Act, the bill’s earlier version, several times before, today’s vote marks the first time that Senate members have H. The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on May 16, 2023. The committee confirmed Sept. 25, 2019): Standalone Measure. While Wednesday’s vote advances the landmark legislation to the Senate floor, its future remains overshadowed by a looming government shutdown, as lawmakers battle over a federal spending plan. 4. The bipartisan Secure and Fair Enforcement Banking Act, which has been touted as the solution to the largely cash-based nature of the Sep 27, 2023 · A new bill aimed at establishing a safe harbor for financial institutions serving legal marijuana businesses cleared a big hurdle in the Senate. This is the one from the 118 th Congress. Crapo was among nine senators in the Senate Banking Committee to oppose advancing the SAFER Banking Act during a markup hearing Sept. Mar 13, 2024 · Yet there is reason for optimism that 2024 might finally be the year this happens because, on Sept. Time to make early vacation plans Twitter Friends… Nov 1, 2022 · The SAFE Banking Act was passed by the Democratic-controlled House of Representatives in February, marking the sixth time that the body approved the legislation. cc as ok xi rd lt lm mu su es