Safe Banking News

SAFER Banking Act (2023)

The SAFER Banking Act was introduced in the U.S. Congress by Senator Jeff Merkley (D-OR) on September 20, 2023. This new bill is an updated version of the SAFE Banking Act.

Media Articles About SAFER Banking Act

Media Articles About Cannabis Banking & SAFE Banking

  1. "Actions - H.R.1595 - 116th Congress (2019–2020): SAFE Banking Act of 2019". www.congress.gov. Retrieved May 8, 2019.

  2. "Actions - S.1200 - 116th Congress (2019–2020): Secure And Fair Enforcement Banking Act of 2019". www.congress.gov. 11 April 2019. Retrieved May 8, 2019.

  3. "Bill history – H.R. 1595: SAFE Banking Act of 2019". GovTrack.us. Civic Impulse, LLC. Retrieved 2019-09-21.

  4. "Cannabis stocks rise amid Senator Schumer's confidence in passing legislation". Yahoo! Finance. October 31, 2022.

  5. "Cosponsors - H.R.1595 - 116th Congress (2019–2020): SAFE Banking Act of 2019". www.congress.gov. Retrieved May 8, 2019.

  6. "Cosponsors - S.1200 - 116th Congress (2019–2020): Secure And Fair Enforcement Banking Act of 2019". www.congress.gov. 11 April 2019. Retrieved May 8, 2019.

  7. "Governors Call for Cannabis Banking Bill's Inclusion in NDAA". ABA Banking Journal. American Bankers Association. November 10, 2021.

  8. "House marijuana banking vote officially scheduled for next week, leadership announces". Boston Globe. September 20, 2019.

  9. "House passes updated HEROES Act with CDFI funding, SAFE Banking Act". Credit Union National Association. October 1, 2020.

  10. "Medical Marijuana and Cannabidiol Research Expansion Act headed to President Biden's desk". MarketWatch. November 17, 2022.

  11. "Patty Murray elected 3rd-ranking Democrat in Senate". The Seattle Times. November 16, 2016.

  12. "SAFE Banking Act successfully added to House NDAA". CUNA News. Credit Union National Association. September 21, 2021. Archived from the original on September 22, 2021. Retrieved September 22, 2021.

  13. "SAFE Banking Act, Protecting Financial Partners of Cannabis Businesses, Likely to Become Law". JD Supra. Retrieved 2021-04-12.

  14. "Senate aims to attach major marijuana legislation to end-of-year 'must-pass' bills: report". Fox News. December 3, 2022.

  15. "Surprise! There's Cannabis Reform Legislation in the Latest COVID-19 Relief Bill". The Motley Fool. May 17, 2020.

  16. "The most important N.J. cannabis stories this week: Decriminalization bill stuck, new women-led organization, SAFE Act has a chance". nj.com. October 2, 2020.

  17. "House Committee Passes Bill to Protect Banks, Insurers Serving Marijuana Businesses". Insurance Journal. Andrew G. Simpson (March 29, 2019). 

  18. Anna Hrushka (July 18, 2022). "House-passed NDAA includes banking provisions for cannabis". Banking Dive.

  19. Arathy S Nair (April 19, 2021). "House passes marijuana banking legislation 321-101". Reuters – via San Jose Mercury News.

  20. Baron, Robert (February 12, 2021), "Confessions of a cannabis banker", High Times

  21. Blair Miller (February 4, 2022). "House again passes Perlmutter's SAFE Banking Act in broader measure; Senate passage uncertain". Denver: KMGH-TV.

  22. Bruce Barcott (March 28, 2019). "Enough Talk! Congress Takes Action on Key Cannabis Legislation". Leafly.

  23. Chainey, Brenden R.; Cohen, Daniel S.; Crowley, Daniel F. C.; Gelbman, Scott J.; Hartman, Barry M. (April 2, 2021), "SAFE Banking Act 2.0's status, key modifications, and prospects", The National Law Review

  24. CONNOR O'BRIEN and LAWRENCE UKENYE (July 14, 2022). "House passes $839B defense bill, swatting down Biden's military plans". Politico.

  25. Dusek, Robin (September 18, 2019). "How the CLAIM Act will affect insurers". Property Casualty 360. National Underwriter. Retrieved September 27, 2019.

  26. Gerald Tracy (April 20, 2022). "Washington senator pushing for SAFE Banking Act to help stop violent pot shop robberies". Seattle: KOMO News.

  27. Jacob, Denny (September 27, 2019). "P&C industry reacts to the passage of marijuana banking bill". Property Casualty 360. National Underwriter. Retrieved September 27, 2019.

  28. Jeanne Friedel (February 20, 2019), "Cannabis's Banking Problem", law blog, Scott Candell and Associates Attorneys at Law

  29. Jonathan D. Salant (September 22, 2021). "Legal cannabis businesses could get credit cards, checking accounts under new defense bill". Stars and Stripes. Archived from the original on 2021-09-23. Retrieved 2021-09-22.

  30. Kate Robertson (October 26, 2022). "Marijuana banking among reforms on the table in upcoming lame-duck Congress". Marijuana Business Daily.

  31. Kyle Jaeger (June 6, 2019). "Bipartisan marijuana banking bill quietly advances in House as floor vote approaches". The Boston Globe.

  32. Le, Jennifer N. (September 17, 2021), "SAFE Banking Act of 2021: Where Are We on Cannabis Banking Change?", The National Law Review, SAFE Banking Act 2.0's status, key modifications, and prospects

  33. Morgan Paxhia, "This Week in Cannabis Investing: Canopy Growth Slims Down", Kiplinger's Personal Finance, "SAFE Plus," proposed legislation ensuring equitable access to financial services for cannabis businesses, has some probability to pass later this year in the lame duck session. Passing SAFE Plus could open a pathway for US multi-state operators to uplist to major U.S. exchanges. There is a growing consensus amongst industry insiders that real headway is being made regarding amendments to cannabis policies. This commentary comes from parties working in Washington D.C., and reporting directly about what will be different this time.

  34. Perlmutter press release March 28, 2019

  35. Perlmutter, Ed (2021-04-20). "H.R.1996 - 117th Congress (2021-2022): SAFE Banking Act of 2021". www.congress.gov. Retrieved 2021-10-04.

  36. Renae Merle (February 13, 2019). "Banks want a hit of the marijuana business. Will they get to partake?". Washington Post.

  37. Rich Smith (April 20, 2022). "Sen. Patty Murray Sees a Path to Finally Letting Pot Shops Use Banks". The Stranger. Seattle.

  38. Saksa, Jim (March 26, 2019). "A pot banking bill is headed to House markup with bipartisan support" – via www.rollcall.com.

  39. Sam Reisman (January 28, 2022). "Cannabis Bill Roundup: SAFE Banking Gets Another Shot". Law360.

  40. Schott, Jason (September 25, 2019). "Marijuana industry scores big win as House passes SAFE Banking Act". Fox Business.

  41. Scott, Rick (2021-12-27). "S.1605 - 117th Congress (2021-2022): National Defense Authorization Act for Fiscal Year 2022". www.congress.gov. Retrieved 2022-09-21.

  42. Skinner, K. (24 December 2020). "Exclusion of the Safe Banking Act in Coronavirus Relief Doesn't Mean It Won't Pass in 2021". JD Supra. Retrieved 7 January 2021.

  43. Suhan Kacholia (November 28, 2022). "A Majority of Voters Support the Provisions of the SAFE Banking Act". Data for Progress.

  44. Veronica Stracqualursi (2019-09-26). "House passes cannabis banking bill, but it faces uncertainty in Senate - CNN Politics". CNN. Retrieved 2021-04-30.

  45. Victor Reklaitis (November 28, 2022), Cannabis banking bill and retirement package both could actually pass Congress by year’s end, analysts say, MarketWatch, Lame-duck session might result in OKs for 'SAFE Banking Plus' and 'Secure Act 2.0'