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Marijuana Banking Sponsor Says He’s In Amendment Talks With Senate Leader As House Passes Reform For Sixth Time

The House sponsor of a bipartisan marijuana banking bill revealed on Friday that conversations have been happening behind the scenes with Senate leadership about amending his legislation in a way that more specifically addresses equity issues to win their support. Rep. Ed Perlmutter (D-CO) made the comments to Marijuana Moment just hours before the House passed the Secure and Fair Enforcement (SAFE) Banking Act for the sixth time as part of a large-scale bill.

Members voted 222-210 to pass the manufacturing and innovation bill—the America COMPETES Act—to which the cannabis banking measure was attached via an amendment on Thursday.

While advocates have reason to be skeptical about whether the Senate will follow suit given leadership’s insistence on passing comprehensive legalization first, Perlmutter said that he’s been in talks about revising the legislation in a way that could assuage the concerns of Senate Majority Leader Chuck Schumer (D-NY) and colleagues.

“We have initiated conversations” with Schumer’s and Sen. Cory Booker’s (D-NJ) offices, the congressman said in response to a question from Marijuana Moment at a press briefing.

“I’ve had discussions with [House Speaker Nancy Pelosi (D-CA)] as to places where, if they’re interested in X, Y or Z, we certainly would be interested in X, Y and Z. It’s just time to pass something that rationalizes the banking.”

“Anything else—any criminal justice reform, any tax reform, any research elements—those are all bonuses, and we would look at them in a very positive light,” Perlmutter said.

https://www.marijuanamoment.net/marijuana-banking-sponsor-says-hes-in-amendment-talks-with-senate-leader-as-house-passes-reform-for-sixth-time/