US HB2215 | 2017-2018 | 115th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 83-13)
Status: Introduced on April 27 2017 - 25% progression
Action: 2017-09-21 - Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
Pending: House Subcommittee on Crime, Terrorism, Homeland Security, And Investigations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

SAFE Act of 2017 Secure And Fair Enforcement Banking Act of 2017 This bill prohibits a federal banking regulator from: (1) terminating or limiting the deposit insurance or share insurance of a depository institution solely because the institution provides financial services to a legitimate marijuana-related business; (2) prohibiting or otherwise discouraging a depository institution from offering financial services to such a business; (3) recommending, incentivizing, or encouraging a depository institution not to offer financial services to an account holder solely because the account holder is affiliated with such a business; or (4) taking any adverse or corrective supervisory action on a loan made to a person solely because the person either owns such a business or owns real estate or equipment leased to such a business. As specified by the bill, a depository institution shall not, under federal law, be liable or subject to forfeiture for providing financial services to a legitimate marijuana-related business.

Tracking Information

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Title

SAFE Act of 2017 Secure And Fair Enforcement Banking Act of 2017

Sponsors

Rep. Ed Perlmutter [D]Rep. Earl Blumenauer [D]Rep. Mike Coffman [R]Rep. Steve Cohen [D]
Rep. John Conyers [D]Rep. Luis Correa [D]Rep. Joe Courtney [D]Rep. Diana DeGette [D]
Rep. John Delaney [D]Rep. Suzan DelBene [D]Rep. Denny Heck [D]Rep. Duncan Hunter [R]
Rep. Pramila Jayapal [D]Rep. Ruben Kihuen [D]Rep. Barbara Lee [D]Rep. Jason Lewis [R]
Rep. Ted Lieu [D]Rep. Betty McCollum [D]Rep. James McGovern [D]Rep. Eleanor Norton [D]
Rep. Scott Peters [D]Rep. Mark Pocan [D]Rep. Jared Polis [D]Rep. Dana Rohrabacher [R]
Rep. Kurt Schrader [D]Rep. Brad Sherman [D]Rep. Eric Swalwell [D]Rep. Dina Titus [D]
Rep. Don Young [R]Rep. Jared Huffman [D]Rep. Beto O'Rourke [D]Rep. Mia Love [R]
Rep. Adam Smith [D]Rep. Tim Ryan [D]Rep. Peter DeFazio [D]Rep. Suzanne Bonamici [D]
Rep. Tom McClintock [R]Rep. Jacky Rosen [D]Rep. Pete Aguilar [D]Rep. Matt Gaetz [R]
Rep. Darren Soto [D]Rep. Don Beyer [D]Rep. Raul Grijalva [D]Rep. Krysten Sinema [D]
Rep. Michael Capuano [D]Rep. Jerry McNerney [D]Rep. Alcee Hastings [D]Rep. Derek Kilmer [D]
Rep. Mike Thompson [D]Rep. David Scott [D]Rep. Zoe Lofgren [D]Rep. Chellie Pingree [D]
Rep. Tony Cardenas [D]Rep. Mark DeSaulnier [D]Rep. Ro Khanna [D]Rep. Alan Lowenthal [D]
Rep. Jimmy Panetta [D]Rep. Julia Brownley [D]Rep. Carolyn Maloney [D]Rep. Daniel Kildee [D]
Rep. Janice Schakowsky [D]Rep. Mike Quigley [D]Rep. David Cicilline [D]Rep. Ruben Gallego [D]
Rep. Michelle Lujan Grisham [D]Rep. Peter Welch [D]Rep. Tulsi Gabbard [D]Rep. Carlos Curbelo [R]
Rep. Sean Maloney [D]Rep. Bill Pascrell [D]Rep. Robert Brady [D]Rep. Ryan Costello [R]
Rep. Kathy Castor [D]Rep. Theodore Deutch [D]Rep. Gregory Meeks [D]Rep. Jamie Raskin [D]
Rep. Bonnie Coleman [D]Rep. Juan Vargas [D]Rep. Jackie Speier [D]Rep. Seth Moulton [D]
Rep. Adam Schiff [D]Rep. Anna Eshoo [D]Rep. Gwen Moore [D]Rep. Charlie Crist [D]
Rep. Rodney Davis [R]Rep. Doris Matsui [D]Rep. Salud Carbajal [D]Rep. Raja Krishnamoorthi [D]
Rep. David Joyce [R]Rep. Susan Davis [D]Rep. Brendan Boyle [D]Rep. Mark Takano [D]
Rep. Brenda Lawrence [D]Rep. David Trott [R]Rep. Nydia Velazquez [D]Rep. Katherine Clark [D]

History

DateChamberAction
2017-09-21HouseReferred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
2017-04-27HouseReferred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-04-27HouseReferred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-04-27HouseReferred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-04-27HouseIntroduced in House

Same As/Similar To

SB1152 (Related) 2017-06-08 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-81.

Subjects


US Congress State Sources


Bill Comments

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