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- S.1200
S.1200: SAFE Banking Act of 2019
About This Bill
- Introduced April 11, 2019
- Latest Major Action April 11, 2019
Bill Sponsor
Bill Cosponsors
34 (27 Democrats, 2 Independent Democrats, 5 Republicans)
Bill Version
- Introduced in Senate - April 11, 2019
Bill Summary
Secure and Fair Enforcement Banking Act of 2019 or the SAFE Banking Act of 2019 This bill generally prohibits a federal banking regulator from penalizing a depository institution for providing banking services to a legitimate marijuana-related business. Specifically, the bill prohibits a federal banking regulator from (1) terminating or limiting the deposit insurance or share insurance of a depository institution solely because the...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 11, 2019 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| April 11, 2019 |
Introduced in the Senate by Jeff Merkley (D-Ore.) |