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Re: mrfence post# 5481

Wednesday, 05/17/2023 6:56:22 PM

Wednesday, May 17, 2023 6:56:22 PM

Post# of 5534

History
APR 11, 2019

Earlier Version — Introduced
This activity took place on a related bill, S. 1200 (116th).

MAR 23, 2021

Earlier Version — Introduced
This activity took place on a related bill, S. 910 (117th).

APR 26, 2023

Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

MAY 11, 2023

Considered by Senate Committee on Banking, Housing, and Urban Affairs
A committee held a hearing or business meeting about the bill.

If this bill has further action, the following steps may occur next:


Passed Committee


Passed Senate


Passed House


Signed by the President
https://www.govtrack.us/congress/bills/118/s1323



The American Bankers Association has issued a statement applauding the bill.

“This common sense, bipartisan bill, which has already cleared the House multiple times (when it was controlled by Democrats), would resolve the ongoing conflict between state and federal law, so that banks can serve state-authorized cannabis-related businesses,” banking association President and CEO Rob Nichols stated. https://www.northbaybusinessjournal.com/article/industrynews/california-cannabis-operators-again-await-outcome-of-safe-banking-act/


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