3.0.0
1323
2025-12-05T07:59:36Z
2025-12-05T07:59:36Z
Senate
S
S
2023-04-26
118
https://www.congress.gov/bill/118th-congress/senate-bill/1323
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - Hearings By (full committee)
2023-05-11T18:20:41Z
  - Referred To
2023-04-26T22:18:38Z

- SAFER Banking Act
118
2860
S
2023-12-06
Committee on Banking, Housing, and Urban Affairs. Hearings held.
  - Related bill
CRS

- SAFE Banking Act of 2023
118
2891
HR
2023-05-03
Referred to the Subcommittee on Economic Opportunity.
  - Identical bill
CRS
- 2023-05-11
  - ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee
- 2023-04-26
  - ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
- 2023-04-26
Introduced in Senate
IntroReferral
10000
9
Library of Congress
- M001176
Sen. Merkley, Jeff [D-OR]
Jeff
Merkley
D
OR
N
- D000618
Sen. Daines, Steve [R-MT]
Steve
Daines
R
MT
2023-04-26
True
- R000608
Sen. Rosen, Jacky [D-NV]
Jacklyn
Rosen
D
NV
2023-04-26
True
- C001075
Sen. Cassidy, Bill [R-LA]
Bill
Cassidy
R
LA
2023-04-26
True
- G000555
Sen. Gillibrand, Kirsten E. [D-NY]
Kirsten
Gillibrand
D
NY
E.
2023-04-26
True
- L000571
Sen. Lummis, Cynthia M. [R-WY]
Cynthia
Lummis
R
WY
M.
2023-04-26
True
- S001194
Sen. Schatz, Brian [D-HI]
Brian
Schatz
D
HI
2023-04-26
True
- M001153
Sen. Murkowski, Lisa [R-AK]
Lisa
Murkowski
R
AK
2023-04-26
True
- M000133
Sen. Markey, Edward J. [D-MA]
Edward
Markey
D
MA
J.
2023-04-26
True
- C001096
Sen. Cramer, Kevin [R-ND]
Kevin
Cramer
R
ND
2023-04-26
True
- L000570
Sen. Lujan, Ben Ray [D-NM]
Ben
Luján
D
NM
R.
2023-04-26
True
- S001198
Sen. Sullivan, Dan [R-AK]
Dan
Sullivan
R
AK
2023-04-26
True
- C001113
Sen. Cortez Masto, Catherine [D-NV]
Catherine
Cortez Masto
D
NV
2023-04-26
True
- P000603
Sen. Paul, Rand [R-KY]
Rand
Paul
R
KY
2023-04-26
True
- K000383
Sen. King, Angus S., Jr. [I-ME]
Angus
King
I
ME
S.
2023-04-26
True
- D000622
Sen. Duckworth, Tammy [D-IL]
Tammy
Duckworth
D
IL
2023-04-26
True
- F000479
Sen. Fetterman, John [D-PA]
John
Fetterman
D
PA
K.
2023-04-26
True
- W000779
Sen. Wyden, Ron [D-OR]
Ron
Wyden
D
OR
2023-04-26
True
- S001191
Sen. Sinema, Kyrsten [I-AZ]
Kyrsten
Sinema
I
AZ
2023-04-26
True
- P000145
Sen. Padilla, Alex [D-CA]
Alex
Padilla
D
CA
2023-04-26
True
- D000563
Sen. Durbin, Richard J. [D-IL]
Richard
Durbin
D
IL
J.
2023-04-26
True
- W000800
Sen. Welch, Peter [D-VT]
Peter
Welch
D
VT
2023-04-26
True
- K000377
Sen. Kelly, Mark [D-AZ]
Mark
Kelly
D
AZ
2023-04-26
True
- B001267
Sen. Bennet, Michael F. [D-CO]
Michael
Bennet
D
CO
2023-04-26
True
- M001111
Sen. Murray, Patty [D-WA]
Patty
Murray
D
WA
2023-04-26
True
- S001203
Sen. Smith, Tina [D-MN]
Tina
Smith
D
MN
2023-04-26
True
- K000367
Sen. Klobuchar, Amy [D-MN]
Amy
Klobuchar
D
MN
2023-04-26
True
- W000817
Sen. Warren, Elizabeth [D-MA]
Elizabeth
Warren
D
MA
A.
2023-04-26
True
- K000384
Sen. Kaine, Tim [D-VA]
Timothy
Kaine
D
VA
M.
2023-04-26
True
- S000770
Sen. Stabenow, Debbie [D-MI]
Debbie
Stabenow
D
MI
2023-04-26
True
- S000033
Sen. Sanders, Bernard [I-VT]
Bernard
Sanders
I
VT
2023-04-26
True
- M000639
Sen. Menendez, Robert [D-NJ]
Robert
Menendez
D
NJ
2023-04-26
True
- C001088
Sen. Coons, Christopher A. [D-DE]
Christopher
Coons
D
DE
A.
2023-04-26
True
- T000464
Sen. Tester, Jon [D-MT]
Jon
Tester
D
MT
2023-04-26
True
- W000805
Sen. Warner, Mark R. [D-VA]
Mark
Warner
D
VA
R.
2023-04-26
True
- H001046
Sen. Heinrich, Martin [D-NM]
Martin
Heinrich
D
NM
T.
2023-04-26
True
- H000273
Sen. Hickenlooper, John W. [D-CO]
John
Hickenlooper
D
CO
W.
2023-04-26
True
- H001042
Sen. Hirono, Mazie K. [D-HI]
Mazie
Hirono
D
HI
K.
2023-04-26
True
- P000595
Sen. Peters, Gary C. [D-MI]
Gary
Peters
D
MI
2023-04-26
True
- M001169
Sen. Murphy, Christopher [D-CT]
Christopher
Murphy
D
CT
S.
2023-04-26
True
- B001230
Sen. Baldwin, Tammy [D-WI]
Tammy
Baldwin
D
WI
2023-05-31
False
- C001035
Sen. Collins, Susan M. [R-ME]
Susan
Collins
R
ME
M.
2023-07-13
False
- F000062
Sen. Feinstein, Dianne [D-CA]
Dianne
Feinstein
D
CA
2023-07-26
False
Finance and Financial Sector
- Administrative law and regulatory procedures
2023-05-23T16:00:26Z
- Asia
2023-05-23T16:00:27Z
- Bank accounts, deposits, capital
2023-05-23T16:00:26Z
- Banking and financial institutions regulation
2023-05-23T16:00:26Z
- Business records
2023-05-23T16:00:26Z
- Congressional oversight
2023-05-23T16:00:26Z
- Consumer affairs
2023-05-23T16:00:26Z
- Credit and credit markets
2023-05-23T16:00:26Z
- Criminal investigation, prosecution, interrogation
2023-05-23T16:00:26Z
- Department of the Treasury
2023-05-23T16:00:26Z
- Drug trafficking and controlled substances
2023-05-23T16:00:26Z
- Drug, alcohol, tobacco use
2023-05-23T16:00:26Z
- Evidence and witnesses
2023-05-23T16:00:26Z
- Federal Deposit Insurance Corporation (FDIC)
2023-05-23T16:00:26Z
- Federal Reserve System
2023-05-23T16:00:26Z
- Financial services and investments
2023-05-23T16:00:26Z
- Fraud offenses and financial crimes
2023-05-23T16:00:26Z
- Government information and archives
2023-05-23T16:00:26Z
- Government liability
2023-05-23T16:00:26Z
- Government studies and investigations
2023-05-23T16:00:26Z
- Insurance industry and regulation
2023-05-23T16:00:26Z
- Iran
2023-05-23T16:00:26Z
- Judicial procedure and administration
2023-05-23T16:00:26Z
- Licensing and registrations
2023-05-23T16:00:26Z
- Middle East
2023-05-23T16:00:26Z
- Minority and disadvantaged businesses
2023-05-23T16:00:26Z
- National Credit Union Administration
2023-05-23T16:00:26Z
- North Korea
2023-05-23T16:00:26Z
- Organized crime
2023-05-23T16:00:26Z
- Syria
2023-05-23T16:00:27Z
- Terrorism
2023-05-23T16:00:27Z
- Women in business
2023-05-23T16:00:26Z
Finance and Financial Sector
2023-05-04T12:45:18Z
00
2023-04-26
Introduced in Senate
2023-05-16T18:38:56Z
Secure and Fair Enforcement Banking Act of 2023 or the SAFE Banking Act of 2023
This bill provides protections for federally regulated financial institutions that serve state-sanctioned marijuana businesses. Currently, many financial institutions do not provide services to state-sanctioned marijuana businesses due to the federal classification of marijuana as a Schedule I controlled substance.
Under the bill, a federal banking regulator may not penalize a depository institution for providing banking services to a state-sanctioned marijuana business. For example, regulators may not terminate or limit the deposit or share insurance of a depository institution solely because the institution provides financial services to a state-sanctioned marijuana business.
The bill also prohibits a federal banking regulator from requesting or ordering a depository institution to terminate a customer account unless (1) the regulator has determined that the depository institution is engaging in an unsafe or unsound practice or is violating a law or regulation, and (2) that determination is not based primarily on reputation risk.
Additionally, proceeds from a transaction involving activities of a state-sanctioned marijuana business are no longer considered proceeds from unlawful activity. (Financial institutions that handle proceeds from unlawful activity are subject to anti-money laundering laws. Violators of these laws are subject to fines and imprisonment.)
Furthermore, a financial institution, insurer, or federal agency may not be held liable or subject to asset forfeiture under federal law for providing a loan, mortgage, or other financial service to a state-sanctioned marijuana business.

SAFE Banking Act of 2023
- Display Title
45

SAFE Banking Act of 2023
2024-07-24T15:22:34Z
- Short Title(s) as Introduced
101

SAFE Banking Act of 2023
2024-05-24T13:40:40Z
Introduced in Senate
IS
- Short Title(s) as Introduced
101

Secure And Fair Enforcement Banking Act of 2023
2024-05-24T13:40:40Z
Introduced in Senate
IS
- Official Title as Introduced
6

A bill to create protections for financial institutions that provide financial services to State-sanctioned marijuana businesses and service providers for such businesses, and for other purposes.
2023-05-02T01:58:46Z
Introduced in Senate
IS
- Introduced in Senate
2023-04-26T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118s1323is/xml/BILLS-118s1323is.xml
2023-05-11
Committee on Banking, Housing, and Urban Affairs. Hearings held.
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.
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