Cannabis Banking Bill Heads for Committee

Cannabis Banking Bill Heads for Committee

Alexandra Watts | 09.21.2023

A revised bipartisan cannabis banking

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was filed in the Senate yesterday, but its chances in the House, where it has passed seven times previously, aren’t clear.  The bill is expected to clear the Senate Banking Committee handily next week, according to committee chair Sherrod Brown (D-OH).

The bill has been renamed the

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, or Secure and Fair Enforcement Regulation Banking Act.  Specific hemp language from Section 8 of the bill is shown below:

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