SAFE Banking Act Heads To House Of Representatives Next Week
We’re hovering on the brink of the first pro-marijuana federal legislation in an age. On Friday morning, the House confirmed that the Secure and Fair Enforcement (SAFE) Banking Act will be put to a vote next week. The proposed legislation is only the third piece of potential cannabis law to make it out of committee, and the really crazy part? With a fair level of bipartisan support, the thing has a good chance of passing.
HIGHLIGHTS
- Many marijuana advocates don’t think the bill is an appropriate first step towards federal cannabis legalization in a nation that has suffered an unjust and racist war on drugs.
- Many of those leaders have thrown their support behind another bill entirely; the Marijuana Opportunity Reinvestment and Expungement (MORE) Act.
- The legislation was advanced from the House Financial Services Committee in March by a vote of 45 to 15.
