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Cannabis

SAFE Banking Act of 2021

Passed the House 321 to 101 with a majority of voting Republicans, and the Senate never voted.

  • BillH.R. 1996
  • Congress117th Congress, 2021 to 2023
  • SponsorEd Perlmutter (Democrat, CO)
  • IntroducedMarch 18, 2021
  • Cause of deathPassed one chamber
  • Died inthe Senate
  • Companion billS. 910

What it would have done

Let banks and credit unions serve state-legal cannabis businesses without federal penalty, so those businesses would not have to operate in cash.

The path to law

One chamber passed it. The other chamber’s leadership never brought it to the floor, and it expired when the Congress ended.

IntroducedCommitteeFirst chamberSecond chamberPresidentLawdied here

The votes

House, April 19, 2021. Motion to suspend the rules and pass (Roll no. 120).

321 yea, 101 nay, out of 435 seatsPassed

Other lives of this bill

116th CongressH.R. 1595. Passed the House in September 2019; never received a Senate vote.
118th CongressH.R. 2891 / S. 1323. Reintroduced in April 2023; died in committee.