Urge Congress to Support the SAFE Banking Act!

Stifled for a sixth time after being stripped from the America COMPETES Act, SAFE Banking Act champion Rep. Ed Perlmutter (D-CO) continues to fight to secure access to traditional banking services for cannabis businesses during his last session in Congress. In his latest attempt, Rep. Ed Perlmutter has filed the The Secure and Fair Enforcement (SAFE) Banking Act as an amendment to the national defense budget bill for fiscal year 2023.

Rep. Perlmutter successfully secured SAFE Banking to the American COMPETES Act and the FY22 National Defense Authorization Act (NDAA) through the House, but the Senate stopped the legislation in its tracks by removing his amendment from the proposal. At this point, SAFE Banking has cleared the House in six forms, only to be stalled in the Senate.

All legal U.S. businesses deserve to feel SAFE banking!

While all 50 states have legalized hemp production and more than 35 states have legalized cannabis for medical or adult use, ill-defined federal law continues to prevent banks, lenders, and credit card processing services from providing safe banking to legally operating businesses involved in the cannabis space. Without access to these services, cannabis businesses are forced to deal with large amounts of cash which can lead to financial confusion or criminal activity.

Help SAFE Banking across the finish line!

Please use this Federal Action Center TODAY to support the SAFE Banking Act!