3.0.0 2076 2023-01-11T13:27:34Z 2023-01-11T13:27:34Z House HR 2015-04-28 114 [Congressional Record Volume 161, Number 62 (Tuesday, April 28, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PERLMUTTER:H.R. 2076.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H2499]]]> hsju00 Judiciary Committee House Standing hsju08 Crime and Federal Government Surveillance Subcommittee Referred to 2015-06-01T13:05:29Z Referred to 2015-04-28T16:05:40Z hsba00 Financial Services Committee House Standing Referred to 2015-04-28T16:05:35Z Marijuana Businesses Access to Banking Act of 2015 114 1726 S 2015-07-09 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2015-06-01 hsju08 Crime and Federal Government Surveillance Subcommittee 1 House committee actions Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. Committee 2015-04-28 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. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2015-04-28 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. IntroReferral H11100-A 9 Library of Congress 2015-04-28 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-04-28 Introduced in House IntroReferral 1000 9 Library of Congress P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 N H001064 Rep. Heck, Denny [D-WA-10] Denny Heck D WA 10 2015-04-28 True P000598 Rep. Polis, Jared [D-CO-2] Jared Polis D CO 2 2015-04-28 True J000294 Rep. Jeffries, Hakeem S. [D-NY-8] Hakeem Jeffries D NY S. 8 2015-04-28 True B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2015-04-28 True R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2015-04-28 True D000197 Rep. DeGette, Diana [D-CO-1] DIANA DEGETTE D CO 1 2015-04-28 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2015-04-28 True M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2015-04-28 True T000468 Rep. Titus, Dina [D-NV-1] Dina Titus D NV 1 2015-04-28 True P000608 Rep. Peters, Scott H. [D-CA-52] Scott Peters D CA H. 52 2015-04-28 True D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 2015-04-28 True B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2015-04-28 True L000397 Rep. Lofgren, Zoe [D-CA-19] ZOE LOFGREN D CA 19 2015-04-28 True C001077 Rep. Coffman, Mike [R-CO-6] Mike Coffman R CO 6 2015-04-28 True P000597 Rep. Pingree, Chellie [D-ME-1] Chellie Pingree D ME 1 2015-04-28 True S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2015-04-28 True S001191 Rep. Sinema, Kyrsten [D-AZ-9] Kyrsten Sinema D AZ 9 2015-04-28 True D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2015-05-14 False S000510 Rep. Smith, Adam [D-WA-9] ADAM SMITH D WA 9 2015-05-19 False H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2015-05-19 False S001180 Rep. Schrader, Kurt [D-OR-5] Kurt Schrader D OR 5 2015-06-03 False B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2015-06-03 False G000571 Rep. Gabbard, Tulsi [D-HI-2] Tulsi Gabbard D HI 2 2015-06-03 False M001191 Rep. Murphy, Patrick [D-FL-18] Patrick Murphy D FL 18 2015-06-11 False K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2015-06-15 False L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2015-07-07 False S001193 Rep. Swalwell, Eric [D-CA-15] Eric Swalwell D CA 15 2015-07-15 False P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2015-07-21 False T000473 Rep. Takai, Mark [D-HI-1] Mark Takai D HI 1 2015-07-21 False M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2015-07-29 False H001055 Rep. Heck, Joseph J. [R-NV-3] Joseph Heck R NV J. 3 2015-09-08 False L000582 Rep. Lieu, Ted [D-CA-33] Ted Lieu D CA 33 2015-09-08 False R000587 Rep. Ribble, Reid J. [R-WI-8] Reid Ribble R WI J. 8 2015-10-01 False D000620 Rep. Delaney, John K. [D-MD-6] John Delaney D MD K. 6 2016-04-29 False G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2016-05-11 False C001037 Rep. Capuano, Michael E. [D-MA-7] MICHAEL CAPUANO D MA E. 7 2016-05-16 False A000371 Rep. Aguilar, Pete [D-CA-31] Pete Aguilar D CA 31 2016-09-19 False R000409 Rep. Rohrabacher, Dana [R-CA-48] DANA ROHRABACHER R CA 48 2016-11-16 False C001069 Rep. Courtney, Joe [D-CT-2] Joe Courtney D CT 2 2016-11-16 False Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Credit and credit markets Criminal investigation, prosecution, interrogation Criminal justice information and records Drug trafficking and controlled substances Financial services and investments Fraud offenses and financial crimes Government information and archives Finance and Financial Sector 00 2015-04-28 Introduced in House 2015-05-26T19:26:04Z Marijuana Businesses Access to Banking Act of 2015

This bill provides a safe harbor for depository institutions providing financial services to a marijuana-related legitimate business insofar as it prohibits a federal banking regulator from: (1) terminating or limiting the deposit or share insurance of a depository institution solely because it provides financial services to a marijuana-related legitimate business; or (2) prohibiting, penalizing, or otherwise discouraging a depository institution from offering such services.

A federal banking regulator may neither recommend, motivate, provide incentives, nor encourage a depository institution to refuse to offer financial services to an individual, nor downgrade or cancel financial services offered to an individual, solely because the individual: (1) is a manufacturer, producer, owner or operator of a marijuana-related legitimate business; or (2) the depository institution was not aware that the individual is the owner or operator of a marijuana-related legitimate business.

A federal banking regulator may not take any adverse or corrective supervisory action, solely because of the business involved, on a loan made to an owner or operator of: (1) a marijuana-related legitimate business, or (2) real estate or equipment that is leased to a marijuana-related legitimate business.

Immunity from federal criminal prosecution or investigation is granted, subject to certain conditions, to a depository institution that provides financial services to a marijuana-related legitimate business in a state or one of its political subdivisions that allows the cultivation, production, manufacture, sale, transportation, display, dispensing, distribution, or purchase of marijuana. Neither the depository institution nor its officers, directors, nor employees may be held liable under federal law or regulation solely for providing such financial services or further investing income derived from those services.

The Department of the Treasury must require any suspicious activity report filed by a financial institution regarding a marijuana-based business to comply with specified guidance of the Financial Crimes Enforcement Network.]]>

Marijuana Businesses Access to Banking Act of 2015 Display Title Marijuana Businesses Access to Banking Act of 2015 Official Title as Introduced To create protections for depository institutions that provide financial services to marijuana-related businesses, and for other purposes. Introduced in House IH Short Titles as Introduced Marijuana Businesses Access to Banking Act of 2015 Introduced in House 2015-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2076ih/xml/BILLS-114hr2076ih.xml 2015-06-01 Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.