Dem Says Marijuana Banking Bill Will Get House Vote This Spring
pozdeevvs/Adobe Stock

Dem Says Marijuana Banking Bill Will Get House Vote This Spring

Rep. Earl Blumenauer said that the House will vote later this spring on legislation allowing banks to work with marijuana businesses in certain states.

Subscribe
April 22, 2019

Rep. Earl Blumenauer (D-Ore.) said Friday that the House will vote later this spring on legislation allowing banks to work with marijuana businesses in certain states.

Blumenauer, who has long pushed cannabis legislation in Congress, said he has been in touch with Speaker Nancy Pelosi (D-Calif.) on timing for the bill, which was approved by the House Financial Services Committee in a 45-15 vote last month.

“Nancy Pelosi has always been supportive of cannabis reform,” he told reporters on a call. “There’s no doubt in my mind what is coming out of the Financial Services Committee will be given the opportunity to proceed to the floor in regular order.” 

Read more