SAFE Banking Act

GPTKB entity

Statements (32)
Predicate Object
gptkbp:instanceOf gptkb:legislation
gptkbp:abbreviation gptkb:SAFE_Banking_Act
gptkbp:appliesTo financial institutions
cannabis businesses
gptkbp:category Banking regulation in the United States
Cannabis law
gptkbp:debatedBy gptkb:U.S._House_of_Representatives
gptkb:U.S._Senate
gptkbp:fullName gptkb:Secure_and_Fair_Enforcement_Banking_Act
https://www.w3.org/2000/01/rdf-schema#label SAFE Banking Act
gptkbp:introducedIn gptkb:United_States_Congress
2017
gptkbp:notPassedSenate 2019
2021
2023
gptkbp:opposedBy some Senate Democrats
some Senate Republicans
gptkbp:passedHouseDate 2019
2021
2023
gptkbp:prohibits federal regulators from penalizing banks for serving cannabis businesses
gptkbp:purpose to allow cannabis-related businesses access to banking services
gptkbp:relatedTo cannabis legalization in the United States
federal cannabis policy
gptkbp:sponsor gptkb:Colorado
gptkb:Ed_Perlmutter
gptkbp:sponsorParty gptkb:Democratic_Party
gptkbp:status not enacted as of 2024
gptkbp:supportedBy gptkb:American_Bankers_Association
gptkb:National_Cannabis_Industry_Association
gptkbp:bfsParent gptkb:SAFE
gptkbp:bfsLayer 6