PAST BILL
H.R.2891/S.1323: Urge Congress to Support SAFE Banking
PASSED January 01, 2024
After passing the U.S. House in some form SEVEN times, SAFE Banking continues to be stalled by the Senate.
The Secure and Fair Enforcement (SAFE) Banking Act would protect institutions administering financial services to all legal cannabis businesses by preventing any penalization from federal regulators. The SAFE Banking Act would explicitly protect individuals or companies operating in the hemp or CBD space. Although the 2018 Farm Bill federally legalized hemp, many farmers and business owners involved in the industry continue to have trouble finding financial institutions that will work with them—especially when it comes to cannabidiol (CBD) businesses.
We need YOU to help critical members of Congress understand the impact lack of SAFE Banking security has had on hemp businesses and farmers.
Please use this Federal Action Center TODAY to urge your members of Congress to cosponsor the SAFE Banking Act (S. 1323 or H.R. 2891). If you work in the hemp or CBD industries and have first-hand experience struggling to secure financial services for yourself or your business, please customize the form to share your story.
