With the SAFE Banking Act now on its way to the Senate another federal reform bill is getting red for a House vote. A new bill to federally legalize marijuana will soon be voted on by House Judiciary Committee. Which is set for some time during…
this week. The Committee stated this past week that this bill has come shortly after the House approved the SAFE Banking Act. The cannabis banking measure was passed as a measure attached to a defense bill. This banking legislation would protect financial institutions that work with legal marijuana businesses. This protection would be against any federal regulators.
As well the Marijuana Opportunity, Reinvestment, and Expungement Act created by Jerrold Nadler will receive a markup on Wednesday. The group will analyze many pieces of legislation during the assemblage according to a press release. That incorporates his proposal to “decriminalize marijuana federally and invest in communities that have been disproportionately harmed by the War on Drugs,” Nadler said.
“Many of these bills were reported out of the committee and passed by the full House of Representatives last Congress, and I look forward to working with all my colleagues once again to get these bills through Congress and on to the president’s desk,” the chairman said.
Pushing Forward With Federally Legalizing Marijuana
Back in 2020, the MORE Act was faced with the unfortunate fate of not being passed once it reached the Senate. Particularly with the GOP control. Now with the MORE Act on its way back for another vote this time advocates have more confidence. Especially with the chairman’s bill being voted by the Democrats who run both chambers. As well as the White House plus the increase of states that are working to legalized cannabis.
The legislation would remove marijuana from the Controlled Substances Act (CSA). This bill would also grant people with cannabis convictions to have their records expunged. In addition to generating a federal tax on marijuana. To where the revenue from this tax would be used to help community reinvestment and other programs.
It also includes language to construct a road for resentencing for those incarcerated for cannabis offenses. The language also states it will protect immigrants from being denied citizenship over marijuana. As well as stop federal agencies from refusing public aid or security clearance due to its use.
“We are excited to see Chairman Nadler and House leadership move forward once again with passing the MORE Act,” Justin Strekal, political director of NORML, said. “Public support and state-policy demand for repealing federal marijuana criminalization has never been higher and Congressional action on this legislation is long overdue. The days of federal marijuana prohibition are numbered.”
The Next Step For Federally Legal Marijuana In The U.S.
With both cannabis banking and federal legalization but up for another vote some have their opinion on the matter. Meaning some are puzzled on which piece of federal reform should pass first. Being as the SAFE Banking Act has been denied…
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