As the ship sinks, here is what the Senate is working on.
A new bill that aims to give the marijuana industry access to banking services is expected to move forward in the Senate on Wednesday.
The Secure and Fair Enforcement Regulation Banking Act was introduced by a bipartisan group of senators last week. The bill would provide legal protection to banks or other financial institutions that offer services to state-legal marijuana businesses.
The Senate Banking Committee will mark up the bill Wednesday, and the panel is expected to vote to advance it to the full chamber’s floor.
A new bill that aims to give the marijuana industry access to banking services is expected to move forward in the Senate on Wednesday.
The Secure and Fair Enforcement Regulation Banking Act was introduced by a bipartisan group of senators last week. The bill would provide legal protection to banks or other financial institutions that offer services to state-legal marijuana businesses.
The Senate Banking Committee will mark up the bill Wednesday, and the panel is expected to vote to advance it to the full chamber’s floor.
Landmark marijuana financing bill clears big hurdle in the Senate
The Secure and Fair Enforcement Regulation Banking Act advanced out of a Senate committee.
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