Bipartisan Lawmakers File Marijuana Banking Amendment To Must-Pass Defense Bill In Latest Reform Push

Bipartisan Lawmakers File Marijuana Banking Amendment To Must-Pass Defense Bill In Latest Reform Push
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The House sponsor of a bipartisan marijuana banking reform bill isn’t giving up the fight to get the Secure and Fair Enforcement (SAFE) Banking Act enacted this year, introducing an amendment to a must-pass defense bill on Thursday that would incorporate the reform. Rep. Ed Perlmutter (D-CO) filed the amendment to the Fiscal Year 2023 National Defense Authorization Act (NDAA). This marks the second year in a row that the congressman has pursued the cannabis banking policy change through the large-scale annual defense legislation. The House included the SAFE Banking Act in its version of that bill last year, but could not reach an agreement with the Senate to enact it as part of the final package. The House Armed Services Committee marked up the 2023 version of NDAA last week, and now the marijuana language is again being offered as an amendment. The House Rules Committee will decide which submitted amendments can be cleared for floor consideration on Tuesday. For those who’ve been following Perlmutter and the banking bill, this doesn’t come as an especially big surprise. He’s been adamant about getting the reform across the finish line through any possible legislative vehicle. This latest development comes after congressional leadership agreed to exclude the SAFE Banking Act from a large-scale manufacturing bill known as the America COMPETES Act that’s moving through bicameral conference. “As I’ve repeatedly said, I will pursue any and all legislative avenues to get SAFE Banking across the finish line this year,” Perlmutter said in a press release on Thursday. “We have a critical window of opportunity between now and the end of the year to enact common sense cannabis reforms starting with access to the banking system. Continued inaction on this issue is dangerous and neglectful, and continues to put communities, businesses, employees and patients…

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Source : Bipartisan Lawmakers File Marijuana Banking Amendment To Must-Pass Defense Bill In Latest Reform Push

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