MERKLEY, DAINES JOINT STATEMENT ON ADDITIONAL PROVISIONS TO SAFE BANKING ACT

Wednesday, April 26, 2023

Washington, D.C. – Oregon’s U.S. Senator Jeff Merkley and Montana’s U.S. Senator Steve Daines issued the following statement after the introduction of the bipartisan, bicameral Secure and Fair Enforcement (SAFE) Banking Act of 2023:

“The introduction of the SAFE Banking Act puts us on a path to move through the Senate Banking Committee and get a vote on the floor of the Senate. As introduced, our SAFE Banking Act of 2023 only includes aspects of that package within the jurisdiction of the Banking Committee.

“We expect SAFE Banking to go through the Banking Committee, and on the floor there will be an opportunity to add additional regular-order passed provisions – such as the HOPE and GRAM Acts – before final Senate passage. This expanded ‘SAFE Banking Plus’ package will represent the largest-ever cannabis reform legislation with bipartisan support in Congress. We are committed to making 2023 the year a bill is signed into law that ensures all legal cannabis businesses have access to the financial services they need.”

The Harnessing Opportunity by Pursuing Expungement (HOPE) Act would support states with grants that want to expunge cannabis records, and the Gun Rights and Marijuana (GRAM) Act would allow state-legal cannabis users to purchase and possess firearms.

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