H.R.1996: SAFE Banking Act of 2021

About This Bill

  • Introduced March 18, 2021
  • Latest Major Action April 20, 2021

Bill Cosponsors

180 (154 Democrats, 26 Republicans)

Bill Versions

Bill Summary

Secure and Fair Enforcement Banking Act of 2021 or the SAFE Banking Act of 2021 This bill generally prohibits a federal banking regulator from penalizing a depository institution for providing banking services to a legitimate cannabis-related business. Prohibited penalties include terminating or limiting the deposit insurance or share insurance of a depository institution solely because the institution provides financial services to a...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 9 statements associated with H.R.1996.

Bill Actions

Date Description
April 20, 2021
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
April 19, 2021
Considered as unfinished business.
April 19, 2021
Considered under suspension of the rules.
April 19, 2021
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 101 (Roll no. 120).
April 19, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
April 19, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 1996.
April 19, 2021
Mr. Perlmutter moved to suspend the rules and pass the bill, as amended.
April 19, 2021
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 101 (Roll no. 120). (text: CR H1915-1918)
April 19, 2021
Considered as unfinished business. (consideration: CR H1942-1943)
April 19, 2021
Considered under suspension of the rules. (consideration: CR H1915-1924)
April 19, 2021
Motion to reconsider laid on the table Agreed to without objection.
March 18, 2021
Referred 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.
March 18, 2021

Introduced in the House by Ed Perlmutter (D-Colo.)

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