Analysis: How This Week’s Marijuana Banking Vote Changed From Earlier 2019 House Action

MJ moment

In a clear sign of the bipartisan support that marijuana reform enjoys in this Congress, more than half of Republicans joined a unanimous Democratic caucus in voting for of a bill on Monday to protect banks that service state-legal cannabis businesses. This is the fourth time that the chamber has cleared the proposal in some form since 2019. But as lawmakers move to enact broader legalization, this week’s vote serves as another signal that interest in changing federal marijuana laws—even if that’s through a more modest vehicle—is growing within Congress. Rep. Ed Perlmutter (D-CO) is the chief sponsor of the the Secure and Fair Enforcement (SAFE) Banking Act, which cleared the body in a 321-101 vote, including 106 GOP members. He said following its passage that he was “thrilled to see overwhelming support once again” for “bipartisan, commonsense legislation.” The bill passed by a vote of 321 to 101, including 106 Republicans. Thank you to Reps. Velázquez, Stivers and Davidson for their partnership, and I look forward to working with Senators Merkley and Daines to get the SAFE Banking Act passed in the Senate and signed into law. — Rep. Ed Perlmutter (@RepPerlmutter) April 19, 2021 Here’s an analysis on the latest House vote on the SAFE Banking Act: Five members who voted on the bill the last time it was on the floor as standalone legislation changed their vote from “nay” to “yea,” compared to three who opposed the measure this round after supporting it in 2019. “Nay” to “Yea” flips Rep. Terri Sewell (D-AL) Rep. Austin Scott (R-GA) Rep. Jack Bergman (R-MI) Rep. Dusty Johnson (R-SD) Rep. Tim Burchett (R-TN) “Yea” to “Nay” flips Rep. Devin Nunes (R-CA) Rep. Charles Fleishmann (R-TN) Rep. Lance Gooden (R-TX) Significantly more freshmen members of the House who didn’t have the chance…

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Source : Analysis: How This Week’s Marijuana Banking Vote Changed From Earlier 2019 House Action

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